Common use of Trustee’s Rights and Obligations Clause in Contracts

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04, an Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied with. If the Trustee has received such an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 5 contracts

Samples: Indenture (Yin Jia Investments LTD), Indenture (Yin Jia Investments LTD), Indenture (Yin Jia Investments LTD)

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Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04, an Officer’s Certificate and an Opinion of Counsel stating that the execution of any such amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate Opinion of Counsel stating that all conditions precedent have been complied withsuch amendment, supplement or waiver is a legal, valid and binding obligation of the Company and the Guarantors and is enforceable against them in accordance with its terms. If the Trustee has received such an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 2 contracts

Samples: Indenture (Molson Coors Brewing Co), Indenture (Molson Coors Brewing Co)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.0410.03, an Officer’s Certificate and an Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withbinding and enforceable against the Company in accordance with its terms. If the Trustee has received such an Officer’s Certificate and such Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights rights, duties or immunities of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (Telecom Argentina Sa)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.0413.04, an Officers' Certificate and an Opinion of Counsel each stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withIndenture. If the Trustee has received such an Officers' Certificate and an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s 's own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (Century Aluminum Co)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04, an Officer’s Certificate and an Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and, if applicable, the Security Documents, and an Officers’ Certificate stating that all conditions precedent have been complied withconstitutes the valid and binding obligation of the Company and the Guarantors. If the Trustee has received such an Officer’s Certificate and an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the TrusteeTrustee in any material respect. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (Molycorp, Inc.)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.0413.04, an Officers’ Certificate and an Opinion of Counsel each stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withany supplemental indenture complies with the requirements of this Indenture. If the Trustee has received such an Officers’ Certificate and an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (Century Aluminum Co)

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Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04‎Section 13.04, an Officers’ Certificate and an Opinion of Counsel each stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withany supplemental indenture complies with the requirements of this Indenture. If the Trustee has received such an Officers’ Certificate and an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (Century Aluminum Co)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04, an Opinion of Counsel and Officers’ Certificate stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withsuch supplemental indenture is the legal, valid and binding obligation of the Company and any guarantor, enforceable against each in accordance with its terms. If the Trustee has received such an Opinion of CounselCounsel and Officers’ Certificate, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (Ruby Tuesday Inc)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.0412.02, an Officer’s Certificate and an Opinion of Counsel stating and copies of resolutions of the Board of Directors as conclusive evidence that the execution of any amendment, supplement or waiver authorized supplemental indenture executed pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withIndenture. If the Trustee has received such an Officer’s Certificate and such Opinion of Counsel, it shall sign the amendment, supplement or waiver supplemental indenture so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver supplemental indenture that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (Grupo Supervielle S.A.)

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