Common use of Representation Regarding Third Party Interest Clause in Contracts

Representation Regarding Third Party Interest. The Issuer hereby represents to the Trustee that any account to be opened by, or interest to be held by, the Trustee in connection with this Indenture, for or to the credit of the Issuer, either (a) is not intended to be used by or on behalf of any third party; or (b) is intended to be used by or on behalf of a third party, in which case the Issuer hereby agrees to complete, execute and deliver forthwith to the Trustee a declaration, in the Trustee’s prescribed form or in such other form as may be reasonably satisfactory to it, as to the particulars of such third party.

Appears in 11 contracts

Samples: Trust Indenture (Curaleaf Holdings, Inc.), Trust Indenture (Columbia Care Inc.), Trust Indenture (Columbia Care Inc.)

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Representation Regarding Third Party Interest. The Issuer hereby represents to the Trustee that any account to be opened by, or interest to be held by, the Trustee in connection with this Indenture, for or to the credit of the Issuer, either (ai) is not intended to be used by or on behalf of any third party; or (bii) is intended to be used by or on behalf of a third party, in which case the Issuer hereby agrees to complete, execute and deliver forthwith to the Trustee a declaration, in the Trustee’s prescribed form or in such other form as may be reasonably satisfactory to it, as to the particulars of such third party.

Appears in 1 contract

Samples: Trust Indenture

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Representation Regarding Third Party Interest. The Issuer hereby represents to the Trustee that any account to be opened by, or interest to be held by, the Trustee in connection with this Indenture, for or to the credit of the Issuer, either (ai) is not intended to be used by or on behalf of any third party; or (bii) is intended to be used by or on behalf of a third party, party in which case the Issuer hereby agrees to complete, execute and deliver forthwith to the Trustee a declaration, in the Trustee’s 's prescribed form or in such other form as may be reasonably satisfactory to it, as to the particulars of such third party.

Appears in 1 contract

Samples: Trust Indenture (Perpetual Energy Inc.)

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