Common use of Reliance on Statements by Trustees Clause in Contracts

Reliance on Statements by Trustees. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees’ certificate, signed by any one or more of the Trustees, with respect to the authority that one or more Trustees, or any officer or agent of the Trust, has to take any action with respect to the Trust. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees’ certificate setting forth the facts concerning any action taken by the Trustees pursuant to this Agreement.

Appears in 4 contracts

Samples: Acceptance and Assumption Agreement (N1 Liquidating Trust), Limited Liability Company Agreement (NorthStar Real Estate Income II, Inc.), Limited Liability Company Agreement (Colony NorthStar, Inc.)

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Reliance on Statements by Trustees. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees' certificate, signed by any one or more of the Trustees, with respect to the authority that one or more Trustees, or any officer or agent of the Trust, Trustees has to take any action with respect to under the Trust. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees' certificate setting forth the facts concerning any the action taken by the Trustees pursuant to this Agreement, including the aggregate number of Units held by the Beneficiaries causing such action to be taken.

Appears in 1 contract

Samples: Liquidating Trust Agreement (BPP Liquidating Trust)

Reliance on Statements by Trustees. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees’ certificate, a certificate signed by any one or more of the Trustees, with respect to the stating that they have authority that one or more Trustees, or any officer or agent of the Trust, has to take any action with respect to under the Trust. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees' certificate setting forth the facts concerning any the action taken by the Trustees pursuant to this Agreement., including the aggregate number of Units held by the Beneficiaries causing such action to be taken. ARTICLE IX

Appears in 1 contract

Samples: Liquidating Trust Agreement Agreement

Reliance on Statements by Trustees. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees’ certificate, signed by any one or more a certificate of the Trustees, Trustees with respect to the authority that one or more Trusteesa Trustee, or any officer or agent of the Trust, has to take any action with respect to the Trust. Any Person dealing with the Trustees shall be fully protected in relying upon a certificate of the Trustees’ certificate Trustees setting forth the facts concerning any action taken by the Trustees a Trustee pursuant to this Agreement.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Crossroads Capital, Inc.)

Reliance on Statements by Trustees. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees’ certificate, a certificate signed by any one or more of the TrusteesTrustee, with respect to the stating that it has authority that one or more Trustees, or any officer or agent of the Trust, has to take any action with respect to under the Trust. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees’ certificate setting forth the facts concerning any the action taken by the Trustees pursuant to this Agreement, including the aggregate number of Units held by the Beneficiaries causing such action to be taken.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (G REIT Liquidating Trust)

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Reliance on Statements by Trustees. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees’ certificate, a certificate signed by any one or more of the Trustees, with respect to the stating that they have authority that one or more Trustees, or any officer or agent of the Trust, has to take any action with respect to under the Trust. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees' certificate setting forth the facts concerning any the action taken by the Trustees pursuant to this Agreement, including the aggregate number of Units held by the Beneficiaries causing such action to be taken.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Winthrop Realty Trust)

Reliance on Statements by Trustees. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees’ certificate, signed by any one or more of the Trustees, with respect to the authority that one or more Trustees, or any officer or agent of the Trust, has to take any action with respect to the Trust. Any Person dealing with the Trustees shall be fully protected in relying upon the Trustees’ certificate setting forth the facts concerning any action taken by the Trustees pursuant to this Agreement.. Table of Contents ARTICLE IX

Appears in 1 contract

Samples: Limited Liability Company Agreement (NorthStar Real Estate Income II, Inc.)

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