Supplements to the Trustee Acts Sample Clauses

Supplements to the Trustee Acts. (a) The following provisions supplement and amend the Trustee Act 1925 and the Trustee Act 2000. (b) The Trustee shall have absolute discretion as to the exercise of its powers and obligations under this Agreement and to resolve any questions or doubts arising in relation to any provisions of this Agreement, unless otherwise provided in this Agreement. The exercise of the Trustee’s discretion shall be conclusive and binding on the Bridge Noteholders. The Trustee shall not be liable for any liability resulting from the exercise of such discretion. (c) The Trustee may request, and accept as evidence of any fact, a certificate signed by a signatory of the Issuer and shall not be liable for any liability resulting from the information contained in such certificate. (d) The Trustee shall not be required to disclose to any Bridge Noteholder any confidential information given to it by any Obligor. (e) The Trustee shall not be bound to take any steps to discover whether a Default or an Event of Default has occurred. Unless it has actual knowledge of such an event, it shall be entitled to assume that no Default or Event of Default has occurred. (f) The Trustee may act on the advice or opinion of any lawyer, accountant, banker, surveyor or other expert received by any means, including by letter or fax. (g) The Trustee may appoint and pay any Affiliate (including a Trustee Affiliate), agent or agents to perform any of the obligations of the Trustee specified in this Agreement if it considers, in its absolute discretion, that such appointment is in the best interests of the Bridge Noteholders. (h) The Trustee may delegate any or all of its duties specified in this Agreement to any person at any time if it considers, in its absolute discretion, that such appointment is in the best interests of the Bridge Noteholders. (i) The Trustee may appoint and pay any person to act as its nominee in relation to any asset held by it under this Agreement. (j) The Trustee shall not be liable if it accepts as valid any Note or Certificate, that is later found not to be authentic. (k) The Trustee shall not be bound to give notice to any person of the execution of any documents referred to in this Agreement. (l) Section 1 of the Trustee Act 2000 shall not apply to any acts of the Trustee.