Common use of Certificates of the Trustee Clause in Contracts

Certificates of the Trustee. In the event that the Company wish to release Collateral in accordance with the Security Documents and have delivered the certificates and documents required by the Security Documents and Sections 11.03 and 11.04 hereof, the Trustee shall determine whether it has received all documentation required by TIA Section 314(d) in connection with such release and, based on the Opinion of Counsel delivered pursuant to Section 12.04(2), shall deliver a certificate to the Collateral Agent setting forth such determination. The Trustee, however, shall have no duty to confirm the legality or validity of such documents, its sole duty being to certify that it has received such documentation which on their face conform to Section 314(d) of the TIA.

Appears in 2 contracts

Samples: Indenture (Donnelley R H Inc), Solutia Inc

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Certificates of the Trustee. In the event that the Company wish wishes to release Collateral in accordance with the Security Documents and have has delivered the certificates and documents required by the Security Documents and Sections 11.03 and 11.04 hereof, the Trustee shall determine whether it has received all documentation required by TIA Section 314(d) in connection with such release and, based on the Opinion of Counsel delivered pursuant to Section 12.04(2), shall deliver a certificate to the Collateral Agent setting forth such determination. The Trustee, however, shall have no duty to confirm the legality or validity of such documents, its sole duty being to certify that it has received such documentation which on their face conform to Section 314(d) of the TIA.

Appears in 2 contracts

Samples: Moore Wallace Inc, Moore Corporation LTD

Certificates of the Trustee. In the event that the Company wish or any Guarantor wishes to release Collateral in accordance with this Indenture and the Security Documents and have has delivered the certificates and documents required by this Indenture and the Security Documents and Sections 11.03 and 11.04 hereofDocuments, the Trustee shall determine whether it has received all documentation required by TIA Section ss. 314(d) in connection with such release and, based on the Opinion of Counsel delivered pursuant to Section 12.04(2), shall deliver a certificate to the applicable Collateral Agent setting forth such determination. The Trustee, however, shall have no duty to confirm the legality or validity of such documents, its sole duty being to certify that it has received such documentation which on their face conform to Section TIA ss. 314(d) of the TIA).

Appears in 2 contracts

Samples: Indenture (Crown Holdings Inc), Indenture (Crown Holdings Inc)

Certificates of the Trustee. In the event that the Company wish or any Guarantor wishes to release Collateral in accordance with this Indenture and the Security Documents and have has delivered the certificates and documents required by this Indenture and the Security Documents and Sections 11.03 and 11.04 hereofDocuments, the Trustee shall determine whether it has received all documentation required by TIA Section § 314(d) in connection with such release and, based on the Opinion of Counsel delivered pursuant to Section 12.04(2), shall deliver a certificate to the applicable Collateral Agent setting forth such determination. The Trustee, however, shall have no duty to confirm the legality or validity of such documents, its sole duty being to certify that it has received such documentation which on their face conform to Section TIA § 314(d) of the TIA).

Appears in 1 contract

Samples: Crown Holdings Inc

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Certificates of the Trustee. In the event that the Company wish or any Guarantor wishes to release Collateral in accordance with this Indenture and the Security Documents and have has delivered the certificates and documents required by this Indenture and the Security Documents and Sections 11.03 and 11.04 hereofDocuments, the Trustee shall determine whether it has received all documentation required by TIA Section § 314(d) in connection with such release and, based on the Opinion of Counsel delivered pursuant to Section 12.04(2)12.04, shall deliver a certificate to the applicable Collateral Agent setting forth such determination. The Trustee, however, shall have no duty to confirm the legality or validity of such documents, its sole duty being to certify that it has received such documentation which on their face conform to Section TIA § 314(d) of the TIA).

Appears in 1 contract

Samples: Huntsman Advanced Materials (UK) LTD

Certificates of the Trustee. In the event that the Company wish wishes to release Collateral in accordance with the Indenture and Security Documents and have delivered the certificates and documents required by the Security Documents and Sections 11.03 and 11.04 hereof, the Trustee shall determine whether it has received all documentation required by TIA Section § 314(d) in connection with such release and, based on the Opinion of Counsel delivered pursuant to Section 12.04(2), shall deliver a certificate to the Collateral Agent Trustee setting forth such determination. The Trustee, however, shall have no duty to confirm the legality or validity of such documents, its sole duty being to certify that it has received such documentation which on their face conform to Section TIA § 314(d) of the TIA).

Appears in 1 contract

Samples: Indenture (Alta One Inc.)

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