Common use of Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice Clause in Contracts

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by the Trustee, unless and until a Responsible Officer of the Trustee shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601, shall be entitled to assume conclusively that no such facts exist.

Appears in 11 contracts

Samples: Plains Exploration & Production Co, Plains E&p Co, Owens Corning Capital Ii

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Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee shall have received received, no later than three Business Days prior to such payment, written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601, Trustee shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 7 contracts

Samples: Default and Remedies (Credit Suisse Group), Credit Suisse Group, Subordinated Indenture (Donaldson Lufkin & Jenrette Inc /Ny/)

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness Debt or from any trustee therefor; Representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 7.01 and 7.02, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 4 contracts

Samples: Indenture (Huntsman International LLC), Amended And (Huntsman Petrochemical Finance Co), Indenture (Huntsman Petrochemical Finance Co)

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received written notice thereof from the Company or any Guarantor or from one or more holders of Guarantor Senior Indebtedness Debt or from any trustee therefor; Representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 7.01 and 7.02, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 4 contracts

Samples: Amended And (Huntsman Petrochemical Finance Co), Indenture (Huntsman International LLC), Indenture (Huntsman International LLC)

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received received, no later than two Business Days prior to such payment, written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 601 and 603, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 3 contracts

Samples: Satisfaction And (Landrys Seafood Restaurants Inc), Midcoast Energy Resources Inc, Key Energy Services Inc

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by the Trustee, unless and until a Responsible Officer of the Trustee shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 6016.01, shall be entitled to assume conclusively that no such facts exist.

Appears in 3 contracts

Samples: Indenture (Nationwide Financial Services Inc/), Indenture (Nationwide Financial Services Inc/), Hartford Life Capital Iii

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee shall have received received, no later than three Business Days prior to such payment, written notice thereof from the Company Guarantor or from one or more holders of Guarantor Senior Indebtedness or from any trustee therefor; representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601, Trustee shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 3 contracts

Samples: Default and Remedies (Credit Suisse Group), Credit Suisse Group, Credit Suisse Group

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by the Trustee, unless and until a Responsible Officer of the Trustee shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 6017.01, shall be entitled to assume conclusively that no such facts exist.

Appears in 2 contracts

Samples: CVS (CVS Caremark Corp), Indenture (CVS Caremark Corp)

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by the Trustee, unless and until a Responsible Officer of the Trustee shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; and, prior to the receipt of any such written notice, the Trustee, 118 subject to the provisions of Section 601, shall be entitled to assume conclusively that no such facts exist.

Appears in 2 contracts

Samples: Fund American Co Inc/New, Fund American Co Inc/New

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received received, no later than two Business Days prior to that payment, written notice thereof from the Company or from one or more holders of Senior Indebtedness of the Company or from any trustee therefor; representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 7.01 and 7.02, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 2 contracts

Samples: Indenture (Egl Inc), Nuveen Investments Inc

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness Debt or from any trustee therefor; Representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 7.01 and 7.02, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 2 contracts

Samples: Indenture (Huntsman CORP), Indenture (Huntsman CORP)

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; their respective Representatives and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 7.01 and 7.02, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 1 contract

Samples: Covenants (Duane Reade Inc)

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Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received received, no later than two Business Days prior to such payment, written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601601 and Section 603, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 1 contract

Samples: Cooper Cameron Corp

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received actual, written notice thereof from the Company any Subsidiary Guarantor or from one or more holders of Guarantor Senior Indebtedness Debt or from any trustee therefor; Representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 6.1 and 6.3, shall be entitled in all respects conclusively to assume conclusively that no such facts exist.fact exists. 95 106

Appears in 1 contract

Samples: Apria Healthcare Group Inc

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by the Trustee, unless and until a Responsible Officer of the Trustee shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; and, prior to the receipt of any such written notice, the Trustee, 97 89 subject to the provisions of Section 601, shall be entitled to assume conclusively that no such facts exist.

Appears in 1 contract

Samples: Ccci Capital Trust Iii

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Trust Officer of the Trustee or any Paying Agent shall have received received, no later than one Business Day prior to such payment, written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601, Trustee shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 1 contract

Samples: Costco Companies Inc

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 7.1 and 7.2, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 1 contract

Samples: Clark Material Handling Co

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness Debt or from any trustee therefor; Representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 6.1 and 6.3, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 1 contract

Samples: Apria Healthcare Group Inc

Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which that would prohibit the making of any payment of monies to or by the Trustee, Trustee unless and until a Responsible Officer of the Trustee or any Paying Agent shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; Representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 601Sections 7.1 and 7.2, shall be entitled in all respects conclusively to assume conclusively that no such facts existfact exists.

Appears in 1 contract

Samples: Supplemental Indenture (Local Insight Yellow Pages, Inc.)

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