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

Trustee’s Rights and Obligations. The Trustees shall be provided with, and will be fully protected in conclusively relying upon, in addition to the documents required by Section 1.20 an Officer’s Certificate and an opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article is authorized or permitted by this Indenture. If the Trustees have received such an opinion of Counsel, they shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustees. The Trustees may, but are not obligated to, execute any amendment, supplement or waiver that affects the Trustees’ own rights, duties or immunities under this Indenture.

Appears in 2 contracts

Samples: Convertible Debenture Indenture (Energy Fuels Inc), Convertible Debenture Indenture (Energy Fuels Inc)

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Trustee’s Rights and Obligations. The Trustees shall be provided withTrustee is entitled to receive, and will be fully protected in conclusively relying upon, in addition to the documents required by Section 1.20 an Officer’s Officers’ Certificate and an opinion Opinion of Counsel (each conforming to Section 10.04) stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article IX is authorized or permitted by this Indenture. If the Trustees have Trustee has received such an opinion Opinion of Counsel, they it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the TrusteesTrustee. The Trustees Trustee may, but are is not obligated to, execute any amendment, supplement or waiver that affects the Trustees’ Trustee’s own rights, duties or immunities under this Indenture.

Appears in 2 contracts

Samples: Indenture (E Trade Financial Corp), Indenture (E Trade Financial Corp)

Trustee’s Rights and Obligations. The Trustees shall be provided withTrustee is entitled to receive, and will be fully protected in conclusively relying upon, in addition to the documents required by Section 1.20 set forth in ‎Section 11.04 an Opinion of Counsel and Officer’s Certificate and an opinion of Counsel each stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article is authorized or permitted by this the Indenture. If the Trustees have Trustee has received such an opinion Opinion of Counsel, they it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the TrusteesTrustee. The Trustees Trustee may, but are is not obligated to, execute any amendment, supplement or waiver that affects the Trustees’ Trustee’s own rights, duties or immunities under this the Indenture.

Appears in 2 contracts

Samples: Indenture (Enova International, Inc.), Indenture (Enova International, Inc.)

Trustee’s Rights and Obligations. The Trustees shall be provided withTrustee is entitled to receive, and will be fully protected in conclusively relying upon, in addition to the documents required by Section 1.20 an Officer’s Officers’ Certificate and an opinion Opinion of Counsel (each conforming to Section 11.04) stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article is authorized or permitted by this Indenture. If the Trustees have Trustee has received such an opinion Opinion of Counsel, they it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the TrusteesTrustee. The Trustees Trustee may, but are is not obligated to, execute any amendment, supplement or waiver that affects the Trustees’ Trustee’s own rights, duties or immunities under this Indenture.

Appears in 2 contracts

Samples: Indenture (WEX Inc.), Senior Indenture (E TRADE FINANCIAL Corp)

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Trustee’s Rights and Obligations. The Trustees shall be provided withTrustee is entitled to receive, and will be fully protected in conclusively relying upon, in addition to the documents required by Section 1.20 13.04, an Officer’s Certificate and an opinion Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article is authorized or permitted by this IndentureIndenture and an Officers’ Certificate stating that al conditions precedent have been complied with. If the Trustees have Trustee has received such an opinion Opinion of Counsel, they it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the TrusteesTrustee. The Trustees Trustee may, but are is not obligated to, execute any amendment, supplement or waiver that affects the Trustees’ Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (China XD Plastics Co LTD)

Trustee’s Rights and Obligations. The Trustees shall be provided withOther than Section 9.01 above (except for paragraph (vii) therein), the Trustee is entitled to receive, and will be fully protected in conclusively relying upon, in addition to the documents required by Section 1.20 an Officer’s Certificate and an opinion Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article is authorized or permitted by this Indenture. If the Trustees have Trustee has received such an opinion Officer’s Certificate and Opinion of Counsel, they it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the TrusteesTrustee. The Trustees Trustee may, but are is not obligated to, execute any amendment, supplement or waiver that affects the Trustees’ Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (Ultrapar Holdings Inc)

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