Examples of Responsible in a sentence
Subject to the provisions of Section 7.01, the Trustee shall have the right to decline to follow any such direction if the Trustee in good faith shall, by a Responsible Officer or Officers of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability.
The signature of the Responsible Person on the Notes may be manual or facsimile.
The Company shall, so long as any of the Securities are Outstanding, deliver to a Responsible Officer of the Trustee, within ten Business Days upon any officer of the Company becoming aware of any Default or Event of Default, an Officers’ Certificate specifying such Default or Event of Default.
The information provided by the Owner Trustee in its individual capacity in any certificate or agreement delivered by a Responsible Person of the Owner Trustee is true and correct in all material respects.
On or before the Closing Date, the Depositor will notify the Indenture Trustee and the Owner Trustee of (i) each Person who is authorized to give instructions and directions to the Indenture Trustee and the Owner Trustee on behalf of the Depositor and (ii) each Person who is a Responsible Person for the Depositor.