Trustee and Canadian Co-Trustee Sample Clauses

Trustee and Canadian Co-Trustee. The rights, powers, duties and obligations conferred and imposed upon the Trustee and the Canadian Co-Trustee are conferred and imposed upon and shall be exercised and performed by the Trustee and the Canadian Co-Trustee, as applicable, severally and not jointly. Neither the Trustee nor the Canadian Co-Trustee shall have any duty to supervise, and shall in no event be liable for, the acts and omissions of the other. The Canadian Co-Trustee shall comply with the applicable provisions of the Canadian Trust Indenture Legislation. For the avoidance of doubt and notwithstanding anything to the contrary herein, all of the rights, protections, immunities and indemnities granted to the Trustee hereunder shall also inure to the benefit of the Canadian Co-Trustee and its officers, directors, employees, agents, advisors and attorneys-in-fact (its “Related Persons”) acting hereunder and all of the provisions of this Indenture granting such rights, protections, immunities and indemnities shall apply to the Canadian Co-Trustee and its Related Person as if such Persons were named in such provisions.
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Trustee and Canadian Co-Trustee. The rights, powers, duties and obligations conferred and imposed upon the Trustee and the Canadian Co-Trustee are conferred and imposed upon and shall be exercised and performed by the Trustee and the Canadian Co-Trustee, as applicable, severally and not jointly. Neither the Trustee nor the Canadian Co-Trustee shall have any duty to supervise, and shall in no event be liable for, the acts and omissions of the other. The Canadian Co-Trustee shall comply with the applicable provisions of the Business Corporations Act (Alberta),
Trustee and Canadian Co-Trustee. Section 7.01 Duties of Trustee and Canadian Co-Trustee 79 Section 7.02 Rights of Trustee and Canadian Co-Trustee 80 Section 7.03 Individual Rights of Trustee 83
Trustee and Canadian Co-Trustee. Unless the context otherwise requires, any action to be performed by the Trustees under this Indenture may be performed by any one of the Canadian Co-Trustee or the U.S. Trustee or both of them, and any such act shall bind both such Co-Trustees.

Related to Trustee and Canadian Co-Trustee

  • The Trustee and the Collateral Agent Neither the Trustee nor the Collateral Agent make any representation or warranty as to the validity or sufficiency of this Supplemental Indenture or with respect to the recitals contained herein, all of which recitals are made solely by the other parties hereto.

  • Trustee and Agents May Hold Securities; Collections, etc The Trustee or any agent of the Issuer or the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities with the same rights it would have if it were not the Trustee or such agent and may otherwise deal with the Issuer and receive, collect, hold and retain collections from the Issuer with the same rights it would have if it were not the Trustee or such agent.

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