Common use of Reliance on Evidence of Compliance Clause in Contracts

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in the exercise of its rights, duties and obligations under this Indenture, the Trustee may, if it is acting in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, Opinions of Counsel, reports, directions, orders, certificates and Officer’s Certificates required by the Trustee to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Trustee examines such statutory declarations, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates and determines that they indicate compliance with the applicable requirements of this Indenture.

Appears in 3 contracts

Samples: Subscription Agreement (Fairfax Financial Holdings LTD/ Can), Indenture (Fairfax Financial Holdings LTD/ Can), Indenture (Fairfax Financial Holdings LTD/ Can)

AutoNDA by SimpleDocs

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in In the exercise of its rights, duties and obligations under this Indenture, the Trustee may, if it is acting in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, Opinions of Counsel, reports, directions, orders, certificates and Officer’s Certificates of the Corporation required by the Trustee to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Trustee examines such statutory declarations, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates of the corporation and determines that they indicate compliance with the applicable requirements of this Indenture.

Appears in 3 contracts

Samples: webfiles.thecse.com, webfiles.thecse.com, webfiles.thecse.com

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in In the exercise of its rights, duties and obligations under this Indentureobligations, the Indenture Trustee may, if it is acting in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, opinions, Opinions of Counsel, reports, directions, orders, certificates and Officer’s or Certificates furnished pursuant to any covenant, condition or other requirement of this Indenture or required by the Indenture Trustee to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Trustee examines Indenture where such statutory declarations, opinions, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates comply with the requirements of this Indenture and the Indenture Trustee examines such evidence and determines that they indicate such evidence indicates compliance with the applicable requirements of this Indenture.

Appears in 2 contracts

Samples: Trust Indenture (Royal Bank of Canada), Trust Indenture

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in In the exercise of its rights, duties and obligations under this Indenture, the Trustee may, if it is acting in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, Opinions of Counsel, reports, directions, orders, certificates and Officer’s Certificates of the Corporation required by the Trustee to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Trustee examines such statutory declarations, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates of the Corporation and determines that they indicate compliance with the applicable requirements of this Indenture.

Appears in 2 contracts

Samples: Indenture, Odyssey Trust Company (CLS Holdings USA, Inc.)

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in In the exercise of its rights, duties and obligations under this Indenture, the Indenture Trustee may, if it is acting in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, Opinions of Counsel, reports, directions, orders, certificates and Officer’s Certificates required by the Indenture Trustee to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Indenture Trustee examines such statutory declarations, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates and determines that they indicate compliance with the applicable requirements of this Indenture.

Appears in 1 contract

Samples: Indenture (Student Transportation Inc.)

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in In the exercise of its rights, duties and obligations under this Indenture, the Trustee may, if it is acting reasonably and in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, Opinions of Counsel, reports, directions, orders, certificates and Officer’s Certificates required by the Trustee to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Trustee examines such statutory declarations, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates and determines that they indicate compliance with the applicable requirements of this Indenture.

Appears in 1 contract

Samples: Indenture

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in In the exercise of its rights, duties and obligations under this Indenture, the Indenture Trustee may, if it is acting in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, Opinions of Counsel, reports, directions, orders, certificates and Officer’s Certificates of the Corporation required by the Indenture Trustee to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Indenture Trustee examines such statutory declarations, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates of the Corporation and determines that they indicate compliance with the applicable requirements of this Indenture.

Appears in 1 contract

Samples: Student Transportation Inc.

AutoNDA by SimpleDocs

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in In the exercise of its rights, duties and obligations under this Indenture, the Trustee Warrant Agent may, if it is acting in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, Opinions of Counsel, reports, directions, orders, certificates and Officer’s Certificates of the Corporation required by the Trustee Warrant Agent to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Trustee Warrant Agent examines such statutory declarations, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates of the Corporation and determines that they indicate compliance with the applicable requirements of this Indenture.

Appears in 1 contract

Samples: Warrant Indenture

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in In the exercise of its rights, duties and obligations under this Indenture, the Trustee may, if it is acting in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, Opinions of Counsel, reports, directions, orders, certificates and Officer’s Certificates required by the Trustee to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Trustee examines such statutory declarations, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates and determines that they indicate compliance with the applicable requirements of this Indenture.. 13.4

Appears in 1 contract

Samples: Indenture (BLACKBERRY LTD)

Reliance on Evidence of Compliance. Except during the continuance of an Event of Default, in ‌ In the exercise of its rights, duties and obligations under this Indenture, the Trustee may, if it is acting in good faith, act and rely, as to the truth of the statements and the accuracy of the opinions expressed therein, upon statutory declarations, Opinions of Counsel, reports, directions, orders, certificates and Officer’s Certificates of the Corporation required by the Trustee to be furnished to it in the exercise of its rights, duties and obligations under this Indenture, if the Trustee examines such statutory declarations, Opinions of Counsel, reports, directions, orders, certificates or Officer’s Certificates of the Corporation and determines that they indicate compliance with the applicable requirements of this Indenture.

Appears in 1 contract

Samples: Odyssey Trust Company

Time is Money Join Law Insider Premium to draft better contracts faster.