Rights of Note Trustee Sample Clauses

Rights of Note Trustee. Subject to the provisions of Trust Indenture Act § 315: (a) the Note Trustee may conclusively rely and shall be fully protected in acting or refraining from acting in reliance upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture or other, paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties and the Note Trustee need not investigate any matter or fact stated in such document; (b) any request or direction of the Note Issuer mentioned herein shall be sufficiently evidenced by an Issuer Request; (c) whenever in the administration of this Note Indenture the Note Trustee shall deem if desirable that a matter be provided or established prior to taking, suffering or omitting any action hereunder, the Note Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith on its part, conclusively rely upon an Officer’s Certificate of the Note Issuer; (d) the Note Trustee may consult with counsel and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon; (e) the Note Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Note Indenture at the request or direction of any of the Noteholders pursuant to this Note Indenture, unless such Noteholders shall have offered to the Note Trustee reasonable security or indemnity satisfactory to it against the cost, expenses (including reasonable legal fees and expenses) and liabilities that might be incurred by it in compliance with such request or direction; (f) the Note Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture or other paper or documents; (g) the Note Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents, attorneys custodians or nominees and the Note Trustee shall not be responsible for any misconduct or negligence on the part of, or for the supervision of, any agent, attorney custodian or nominee appointed with due care by it hereunder; (h) the Note Trustee shall not be liable with respect to any action ta...

Rights of Note Trustee. 47 SECTION 6.03 Individual Rights of Note Trustee......................................48 SECTION 6.04 Note Trustee's Disclaimer..............................................48 SECTION 6.05

Rights of Note Trustee. (a) The Note Trustee may conclusively rely and shall be fully protected in relying on any document believed in good faith by it to be genuine and to have been signed or presented by the proper person. The Note Trustee need not investigate any fact or matter stated in the document. (b) Before the Note Trustee acts or refrains from acting, it may require an Officer's Certificate or an Opinion of Counsel. The Note Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on the Officer's Certificate or Opinion of Counsel. (c) The Note Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys or a custodian or nominee, and the Note Trustee shall not be responsible for any misconduct or negligence on the part of, or