Common use of Reliance on Officer’s Certificate Clause in Contracts

Reliance on Officer’s Certificate. Except as otherwise provided in Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it reasonably necessary or desirable that a matter be proved or established prior to taking or suffering or omitting to take any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officer’s Certificate delivered to the Trustee.

Appears in 2 contracts

Samples: Indenture (Revolution Lighting Technologies, Inc.), Indenture (Revolution Lighting Technologies, Inc.)

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Reliance on Officer’s Certificate. Except as otherwise provided in Section 7.01, whenever Whenever in the administration of the provisions of this Indenture the Trustee shall deem it reasonably necessary or desirable that a matter be proved or established prior to taking or suffering or omitting to take any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by rely upon an Officer’s Certificate delivered to the TrusteeCertificate.

Appears in 2 contracts

Samples: Indenture (Sibanye Stillwater LTD), Indenture (Sibanye Gold LTD)

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Reliance on Officer’s Certificate. Except as otherwise provided in Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it reasonably necessary or desirable that a matter be proved or established prior to taking or suffering or omitting to take any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officer’s Certificate delivered to the Trustee.Trustee and such certificate, in the absence

Appears in 1 contract

Samples: Indenture (Revance Therapeutics, Inc.)

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