Officer’s Certificates Evidence. Except as otherwise specifically provided or prescribed by this Indenture, whenever in the administration of the provisions of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, the Trustee, if acting in good faith, may rely upon an Officer’s Certificate.
Officer’s Certificates Evidence. Except as otherwise specifically provided or prescribed by this Indenture, whenever in the administration of the provisions of this Indenture the Debenture Agent shall deem it necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, the Debenture Agent, if acting in good faith, may act and rely upon an Officer’s Certificate.
Officer’s Certificates Evidence. 78 12.7 Experts, Advisers and Agents ................................................................................78 12.8 Trustee May Deal in Notes ....................................................................................78 12.9 Investment of Monies Held by Trustee ..................................................................78 12.10 Trustee Not Ordinarily Bound ...............................................................................79 12.11 Trustee Not Required to Give Security ..................................................................79 12.12 Trustee Not Bound to Act on Issuer’s Request ......................................................79 12.13 Conditions Precedent to Trustee’s Obligations to Act Hereunder .........................79 12.14 Authority to Carry on Business..............................................................................80 12.15
Officer’s Certificates Evidence. Except as otherwise specifically provided or prescribed by this Indenture, whenever in the administration of the provisions of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, the Trustee, if acting in good faith, may rely upon an Officers’ Certificate. 12.7 Experts, Advisers and Agents Subject to Sections 12.3 and 12.4, the Trustee may: (a) employ or retain and act and rely on the opinion or advice of or information obtained from any solicitor, auditor, valuator, engineer, surveyor, appraiser or other expert, whether obtained by the Trustee or by the Issuer, or otherwise, and shall not be liable for acting, or refusing to act, in good faith on any such opinion or advice and may pay proper and reasonable compensation for all such legal and other advice or assistance as aforesaid; and (b) employ such agents and other assistants as it may reasonably require for the proper discharge of its duties hereunder, and may pay reasonable remuneration for all services performed for it (and shall be entitled to receive reasonable remuneration for all services performed by it) in the discharge of the trusts hereof and compensation for all disbursements, costs and expenses made or incurred by it in the discharge of its duties hereunder and in the management of the trusts hereof and any solicitors employed or consulted by the Trustee may, but need not be, solicitors for the Issuer. 12.8 Trustee May Deal in Notes Subject to Sections 12.1 and 12.3, the Trustee may, in its personal or other capacity, buy, sell, lend upon and deal in Notes and generally contract and enter into financial transactions with the Issuer or otherwise, without being liable to account for any profits made thereby. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the British Columbia Supreme Court for permission to continue as Trustee hereunder or resign. 12.9
Officer’s Certificates Evidence. Except as otherwise specifically provided or prescribed by this Indenture, whenever in the administration of the provisions of this Indenture the Note Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, the Note Trustee, if acting in good faith, may act and rely upon an Officer’s Certificate.
Officer’s Certificates Evidence. 62 15.7 EXPERTS, ADVISERS AND AGENTS.........................................62 15.8 DEBENTURE TRUSTEE MAY DEAL IN DEBENTURES.............................62 15.9 INVESTMENT OF MONIES HELD BY DEBENTURE TRUSTEE.......................62 15.10 DEBENTURE TRUSTEE NOT ORDINARILY BOUND...............................63
Officer’s Certificates Evidence. Except as otherwise specifically provided or prescribed by this Indenture, whenever in the administration of the provisions of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, the Trustee, if acting in good faith, may rely upon an officer’s certificate or an opinion or counsel or both. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such officer’s certificate or opinion of counsel. The Trustee may consult with counsel of its selection and the advice of such counsel or any opinion of counsel shall be full and complete authorization and protection from liability in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon. The Trustee may act through its attorneys and agents and shall not be responsible for the misconduct or negligence of any agent or attorney appointed with due care.
Officer’s Certificates Evidence. Except as otherwise specifically provided or prescribed by this Indenture, whenever in the administration of the provisions of this Indenture the Debenture Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, the Debenture Trustee, if acting i n good faith, may rely upon an Officer's Certificate.
