Common use of Dealings with Trustee Clause in Contracts

Dealings with Trustee. Persons dealing with the Trustee shall be under no obligation to see to the proper application of any money paid or property delivered to the Trustee or to inquire into the Trustee's authority as to any transaction.

Appears in 10 contracts

Samples: Benefit Protection Trust Agreement (Dime Bancorp Inc), Umbrella Trust Agreement (Dime Bancorp Inc), Agreement (Lasalle Partners Inc)

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Dealings with Trustee. Persons dealing with the Trustee shall be under no obligation to see to the proper application of any money paid or property delivered to the Trustee or to inquire into the Trustee's ’s authority as to any transaction.

Appears in 1 contract

Samples: Syncora Guarantee Services (Syncora Holdings LTD)

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Dealings with Trustee. Persons dealing with the Trustee shall be under no obligation to see to the proper application of any money paid or property delivered to the Trustee or to inquire into the Trustee's authority as to any transaction. Section 3.5.

Appears in 1 contract

Samples: Trust Agreement (Nova Pharmaceutical Inc)

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