Execution of Amendments. In executing any amendment permitted by this Article XI, the Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar and the Property Trustee shall be entitled to receive and (subject to Section 8.3 of the Trust Agreement with respect to the Property Trustee) shall be fully authorized and protected in relying upon, an Opinion of Counsel and an Officers’ Certificate of the Company to the effect that all of the requirements of Section 6.1(c) of the Trust Agreement in respect of such amendment have been met and/or satisfied. The Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar and the Property Trustee may, but shall not be obligated to, enter into any such amendment which affects their own respective rights, duties or immunities under this Agreement or otherwise.
Appears in 9 contracts
Sources: Collateral Agreement (Us Bancorp \De\), Collateral Agreement (Us Bancorp \De\), Collateral Agreement (Mellon Financial Corp)
Execution of Amendments. In executing any amendment permitted by this Article XIArticle, the Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent shall be entitled to receive and (subject to Section 8.3 7.01 of the Trust Purchase Contract Agreement with respect to the Property TrusteePurchase Contract Agent) shall be fully authorized and protected in relying upon, an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement and an Officers’ Certificate of the Company that all conditions precedent, if any, to the effect that all of the requirements of Section 6.1(c) of the Trust Agreement in respect execution and delivery of such amendment have been met and/or satisfied. The Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent may, but shall not be obligated to, enter into any such amendment which affects their own respective rights, duties or immunities under this Agreement or otherwise.
Appears in 9 contracts
Sources: Pledge Agreement (Ambac Financial Group Inc), Pledge Agreement (Chubb Corp), Pledge Agreement (Phoenix Companies Inc/De)
Execution of Amendments. In executing any amendment permitted by this Article XIArticle, the Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent shall be entitled to receive and (subject to Section 8.3 7.01 of the Trust Purchase Contract Agreement with respect to the Property TrusteePurchase Contract Agent) shall be fully authorized and protected in relying upon, an Opinion of Counsel and an Officersofficers’ Certificate certificate stating that the execution of the Company such amendment is authorized or permitted by this Agreement and that all conditions precedent, if any, to the effect that all of the requirements of Section 6.1(c) of the Trust Agreement in respect execution and delivery of such amendment have been met and/or satisfied. The Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent may, but shall not be obligated to, enter into any such amendment which affects their own respective rights, duties or immunities under this Agreement or otherwise.
Appears in 8 contracts
Sources: Pledge Agreement (Public Service Co of New Mexico), Pledge Agreement (Pmi Group Inc), Pledge Agreement (PNM Resources Inc)
Execution of Amendments. In executing any amendment permitted by this Article XISection, the Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent shall be entitled to receive and (subject to Section 8.3 7.01 of the Trust Purchase Contract Agreement with respect to the Property TrusteePurchase Contract Agent) shall be fully authorized and protected in relying upon, an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement and an Officers’ Certificate of the Company that all conditions precedent, if any, to the effect that all of the requirements of Section 6.1(c) of the Trust Agreement in respect execution and delivery of such amendment have been met and/or satisfied. The Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent may, but shall not be obligated to, enter into any such amendment which affects their own respective rights, duties or immunities under this Agreement or otherwise.
Appears in 2 contracts
Sources: Pledge Agreement (Sempra Energy), Pledge Agreement (Apco Argentina Inc/New)
Execution of Amendments. In executing any amendment permitted by this Article XIArticle, the Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent shall be entitled to receive and (subject to Section 8.3 7.01 of the Trust Purchase Contract Agreement with respect to the Property TrusteePurchase Contract Agent) shall be fully authorized and protected in relying upon, an Opinion of Counsel and an Officers’ Certificate officers' certificate stating that the execution of the Company such amendment is authorized or permitted by this Agreement and that all conditions precedent, if any, to the effect that all of the requirements of Section 6.1(c) of the Trust Agreement in respect execution and delivery of such amendment have been met and/or satisfied. The Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent may, but shall not be obligated to, enter into any such amendment which affects their own respective rights, duties or immunities under this Agreement or otherwise.
Appears in 2 contracts
Sources: Pledge Agreement (PNM Resources Inc), Pledge Agreement (Albertsons Inc /De/)
Execution of Amendments. In executing any amendment permitted by this Article XISection, the Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent shall be entitled to receive and (subject to Section 8.3 7.01 of the Trust Purchase Contract Agreement with respect to the Property TrusteePurchase Contract Agent) shall be fully authorized and protected in relying upon, an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement and an Officers’ Certificate of the Company that all conditions precedent, if any, to the effect that all of the requirements of Section 6.1(c) of the Trust Agreement in respect execution and delivery of such amendment have been met and/or satisfied. The Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent may, but shall not be obligated to, enter into any such amendment which affects their own respective rights, duties or immunities under this Agreement or otherwise.
Appears in 2 contracts
Sources: Pledge Agreement (Hartford Financial Services Group Inc/De), Pledge Agreement (Keyspan Corp)
Execution of Amendments. In executing any amendment permitted by this Article XIArticle, the Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent shall be entitled to receive and (subject to Section 8.3 7.01 of the Trust Purchase Contract Agreement with respect to the Property TrusteePurchase Contract Agent) shall be fully authorized and protected in relying upon, an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement and an Officers’ Certificate of the Company that all conditions precedent, if any, to the effect that all of the requirements of Section 6.1(c) of the Trust Agreement in respect execution and delivery of such amendment have been met and/or satisfied. The Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Purchase Contract Agent may, but shall not be obligated to, enter into any such amendment which affects their own respective rights, duties or immunities under this Agreement or otherwise.
Appears in 1 contract
Execution of Amendments. In executing any amendment permitted by this Article XIArticle, the Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Note Purchase Contract Agent shall be entitled to receive and (subject to Section 8.3 5.01 of the Trust Note Purchase Contract Agreement with respect to the Property TrusteeNote Purchase Contract Agent) shall be fully authorized and protected in relying upon, an Opinion of Counsel and an Officersofficers’ Certificate certificate stating that the execution of the Company such amendment is authorized or permitted by this Agreement and that all conditions precedent, if any, to the effect that all of the requirements of Section 6.1(c) of the Trust Agreement in respect execution and delivery of such amendment have been met and/or satisfied. The Collateral Agent, the Securities Intermediary, the Custodial Agent, the Securities Registrar Intermediary and the Property Trustee Note Purchase Contract Agent may, but shall not be obligated to, enter into any such amendment which affects their own respective rights, duties or immunities under this Agreement or otherwise.
Appears in 1 contract
Sources: Pledge Agreement (Cemex Sab De Cv)