Common use of Execution of Amendments and Indenture Supplements Clause in Contracts

Execution of Amendments and Indenture Supplements. In executing or accepting the additional trusts created by any amendment of this Indenture or Indenture Supplement permitted by this Article IX or the modifications thereby of the trusts created by this Indenture, the Indenture Trustee or the Collateral Agent, on behalf of the Indenture Trustee, will be entitled to receive, and (subject to Section 7.01 or the applicable provisions of the related Asset Pool Supplement) will be fully protected in relying upon, an Opinion of Counsel stating that the execution of such amendment or Indenture Supplement is authorized or permitted by this Indenture and that all conditions precedent thereto have been satisfied. The Indenture Trustee or the Collateral Agent, on behalf of the Indenture Trustee, may, but will not (except to the extent required in the case of an amendment or Indenture Supplement entered into under subsection 9.01(d) or 9.01(f)) be obligated to, enter into any such amendment or Indenture Supplement which affects the Indenture Trustee's or the Collateral Agent's own rights, duties or immunities under this Indenture or otherwise.

Appears in 4 contracts

Samples: Indenture (First Usa Credit Card Master Trust), Indenture (Chase Manhattan Bank Usa), First Usa Credit Card Master Trust

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Execution of Amendments and Indenture Supplements. In executing or accepting the additional trusts created by any amendment of this Indenture or Indenture Supplement permitted by this Article IX or the modifications thereby of the trusts created by this Indenture, the Indenture Trustee or the Collateral Agent, on behalf of the Indenture Trustee, will be entitled to receive, and (subject to Section 7.01 or the applicable provisions of the related Asset Pool One Supplement) will be fully protected in relying upon, an Opinion of Counsel stating that the execution of such amendment or Indenture Supplement is authorized or permitted by this Indenture and that all conditions precedent thereto have been satisfied. The Indenture Trustee or the Collateral Agent, on behalf of the Indenture Trustee, may, but will not (except to the extent required in the case of an amendment or Indenture Supplement entered into under subsection 9.01(d), 9.01(f) or 9.01(f9.01(g)) be obligated to, enter into any such amendment or Indenture Supplement which affects the Indenture Trustee's ’s or the Collateral Agent's ’s own rights, duties or immunities under this Indenture or otherwise.

Appears in 4 contracts

Samples: Trust Agreement (Chase Card Funding LLC), Servicing Agreement (Chase Issuance Trust), Servicing Agreement (Chase Issuance Trust)

Execution of Amendments and Indenture Supplements. In executing or accepting the additional trusts created by any amendment of this Indenture or Indenture Supplement permitted by this Article IX or the modifications thereby of the trusts created by this Indenture, the Indenture Trustee or the Collateral Agent, on behalf of the Indenture Trustee, will be entitled to receive, and (subject to Section 7.01 or the applicable provisions of the related Asset Pool Supplement) will be fully protected in relying upon, an Opinion of Counsel stating that the execution of such amendment or Indenture Supplement is authorized or permitted by this Indenture and that all conditions precedent thereto have been satisfied. The Indenture Trustee or the Collateral Agent, on behalf of the Indenture Trustee, may, but will not (except to the extent required in the case of an amendment or Indenture Supplement entered into under subsection 9.01(d), 9.01(f) or 9.01(f9.01(g)) be obligated to, enter into any such amendment or Indenture Supplement which affects the Indenture Trustee's ’s or the Collateral Agent's ’s own rights, duties or immunities under this Indenture or otherwise.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

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Execution of Amendments and Indenture Supplements. In executing or accepting the additional trusts created by any amendment of this Indenture or Indenture Supplement permitted by this Article IX or the modifications thereby of the trusts created by this Indenture, the Indenture Trustee or the Collateral Agent, on behalf of the Indenture Trustee, will be entitled to receive, and (subject to Section 7.01 or the applicable provisions of the related Asset Pool Supplement) will be fully protected in relying upon, an Opinion of Counsel stating that the execution of such amendment or Indenture Supplement is authorized or permitted by this Indenture and that all conditions precedent thereto have been satisfied. The Indenture Trustee or the Collateral Agent, on behalf of the Indenture Trustee, may, but will not (except to the extent required in the case of an amendment or Indenture Supplement entered into under subsection 9.01(d) or 9.01(f)) be obligated to, enter into any such amendment or Indenture Supplement which affects the Indenture Trustee's ’s or the Collateral Agent's ’s own rights, duties or immunities under this Indenture or otherwise.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

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