{"component": "clause", "props": {"groups": [{"snippet": "In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 7.1) shall be fully protected in relying upon, an Officer\u2019s Certificate or an Opinion of Counsel or both complying with Section 10.4. The Trustee shall sign all supplemental indentures upon delivery of such an Officer\u2019s Certificate or Opinion of Counsel or both, except that the Trustee need not sign any supplemental indenture that adversely affects its rights, duties, liabilities or immunities under this Indenture.", "size": 91, "snippet_links": [{"key": "additional-trusts", "type": "clause", "offset": [31, 48]}, {"key": "created-by", "type": "definition", "offset": [49, 59]}, {"key": "this-article", "type": "definition", "offset": [101, 113]}, {"key": "the-trusts", "type": "clause", "offset": [146, 156]}, {"key": "trustee-shall", "type": "definition", "offset": [188, 201]}, {"key": "to-receive", "type": "definition", "offset": [214, 224]}, {"key": "section-71", "type": "clause", "offset": [242, 253]}, {"key": "an-officer", "type": "clause", "offset": [297, 307]}, {"key": "an-opinion-of-counsel", "type": "clause", "offset": [325, 346]}, {"key": "complying-with", "type": "clause", "offset": [355, 369]}, {"key": "supplemental-indentures", "type": "definition", "offset": [411, 434]}, {"key": "delivery-of", "type": "clause", "offset": [440, 451]}, {"key": "adversely-affects", "type": "definition", "offset": [583, 600]}], "samples": [{"hash": "4vKHQLfvvD7", "uri": "/contracts/4vKHQLfvvD7#trustee-protected", "label": "Indenture (Falcon's Beyond Global, Inc.)", "score": 36.9726219177, "published": true}, {"hash": "6tq6MExoRe3", "uri": "/contracts/6tq6MExoRe3#trustee-protected", "label": "Indenture (Smart Sand, Inc.)", "score": 35.0424385071, "published": true}, {"hash": "5ZpX1gc6BR4", "uri": "/contracts/5ZpX1gc6BR4#trustee-protected", "label": "Indenture (Silvaco Group, Inc.)", "score": 34.8384666443, "published": true}], "hash": "90a97de9508cadf61ba60ffef3539621", "id": 2}, {"snippet": "In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 7.1) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental indenture is authorized or permitted by this Indenture. The Trustee shall sign all supplemental indentures, except that the Trustee need not sign any supplemental indenture that adversely affects its rights.", "size": 128, "snippet_links": [{"key": "additional-trusts", "type": "clause", "offset": [31, 48]}, {"key": "created-by", "type": "definition", "offset": [49, 59]}, {"key": "this-article", "type": "definition", "offset": [101, 113]}, {"key": "the-trusts", "type": "clause", "offset": [146, 156]}, {"key": "trustee-shall", "type": "definition", "offset": [188, 201]}, {"key": "to-receive", "type": "definition", "offset": [214, 224]}, {"key": "section-71", "type": "clause", "offset": [242, 253]}, {"key": "an-opinion-of-counsel-stating", "type": "clause", "offset": [297, 326]}, {"key": "the-execution", "type": "clause", "offset": [332, 345]}, {"key": "supplemental-indentures", "type": "definition", "offset": [450, 473]}, {"key": "adversely-affects", "type": "definition", "offset": [545, 562]}], "samples": [{"hash": "kZkdqQQ5OhR", "uri": "/contracts/kZkdqQQ5OhR#trustee-protected", "label": "Indenture (China Natural Resources Inc)", "score": 28.861738205, "published": true}, {"hash": "lsP4z0pL3Wn", "uri": "/contracts/lsP4z0pL3Wn#trustee-protected", "label": "Indenture (Spectrum Pharmaceuticals Inc)", "score": 26.9739894867, "published": true}, {"hash": "6pVbHtweEft", "uri": "/contracts/6pVbHtweEft#trustee-protected", "label": "Indenture (GTT Communications, Inc.)", "score": 25.2464065552, "published": true}], "hash": "c410f90143eeaf1de3cf9d7a391fdff0", "id": 1}, {"snippet": "The Trustee shall sign any amendment or supplemental indenture authorized pursuant to this Article 9 if the amendment does not adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may, but need not, sign it. In signing such amendment or supplemental indenture, the Trustee shall be entitled to receive and, subject to Section 7.01 hereof, shall be fully protected in relying upon, an Officers' Certificate and Opinion of Counsel as conclusive evidence that such amendment or supplemental indenture is authorized or permitted by this Indenture, that it is not inconsistent herewith, and that it will be valid and binding upon the Company in accordance with its terms. The Company may not sign an amendment or supplemental indenture until the Board of Directors approves it.", "size": 78, "snippet_links": [{"key": "trustee-shall", "type": "definition", "offset": [4, 17]}, {"key": "amendment-or", "type": "clause", "offset": [27, 39]}, {"key": "supplemental-indenture", "type": "clause", "offset": [40, 62]}, {"key": "pursuant-to", "type": "clause", "offset": [74, 85]}, {"key": "article-9", "type": "definition", "offset": [91, 100]}, {"key": "the-amendment", "type": "clause", "offset": [104, 117]}, {"key": "adversely-affect", "type": "definition", "offset": [127, 143]}, {"key": "the-rights", "type": "clause", "offset": [144, 154]}, {"key": "to-receive", "type": "definition", "offset": [341, 351]}, {"key": "subject-to-section", "type": "clause", "offset": [357, 375]}, {"key": "an-officers", "type": "clause", "offset": [431, 442]}, {"key": "opinion-of-counsel", "type": "definition", "offset": [460, 478]}, {"key": "conclusive-evidence", "type": "definition", "offset": [482, 501]}, {"key": "in-accordance-with", "type": "definition", "offset": [687, 705]}, {"key": "the-board-of-directors", "type": "clause", "offset": [787, 809]}], "samples": [{"hash": "kt6DPSCLfpx", "uri": "/contracts/kt6DPSCLfpx#trustee-protected", "label": "Indenture (Ameriking Inc)", "score": 18.0, "published": true}, {"hash": "kGITjN8WS27", "uri": "/contracts/kGITjN8WS27#trustee-protected", "label": "Indenture (Ameriking Inc)", "score": 18.0, "published": true}, {"hash": "jrlQIiHkvzq", "uri": "/contracts/jrlQIiHkvzq#trustee-protected", "label": "Indenture (Ameriking Inc)", "score": 18.0, "published": true}], "hash": "b898782416aa01951d6641dddea36d78", "id": 3}, {"snippet": "In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee shall receive, in addition to the documents required by Section 10.04, and (subject to Section 7.01) shall be fully protected in relying upon, an Opinion of Counsel stating that all conditions precedent in this Indenture to the execution of such supplemental indenture, if any, have been complied with, such supplemental indenture is authorized hereunder, and, that such supplemental indenture is the valid and legally binding obligation of the Company. The Trustee shall sign all supplemental indentures, except that the Trustee need not sign any supplemental indenture that adversely affects its rights.", "size": 74, "snippet_links": [{"key": "additional-trusts", "type": "clause", "offset": [31, 48]}, {"key": "created-by", "type": "definition", "offset": [49, 59]}, {"key": "this-article", "type": "definition", "offset": [101, 113]}, {"key": "the-trusts", "type": "clause", "offset": [146, 156]}, {"key": "trustee-shall", "type": "definition", "offset": [188, 201]}, {"key": "required-by", "type": "definition", "offset": [240, 251]}, {"key": "subject-to-section", "type": "clause", "offset": [272, 290]}, {"key": "an-opinion-of-counsel-stating", "type": "clause", "offset": [339, 368]}, {"key": "conditions-precedent", "type": "definition", "offset": [378, 398]}, {"key": "the-execution", "type": "clause", "offset": [420, 433]}, {"key": "obligation-of-the-company", "type": "clause", "offset": [623, 648]}, {"key": "supplemental-indentures", "type": "definition", "offset": [677, 700]}, {"key": "adversely-affects", "type": "definition", "offset": [772, 789]}], "samples": [{"hash": "5pAUbug5ddF", "uri": "/contracts/5pAUbug5ddF#trustee-protected", "label": "Indenture (Soundhound Ai, Inc.)", "score": 37.3559188843, "published": true}, {"hash": "kluS2o0jAm1", "uri": "/contracts/kluS2o0jAm1#trustee-protected", "label": "Indenture (EZGO Technologies Ltd.)", "score": 36.9014358521, "published": true}, {"hash": "hNpkBGV3jkG", "uri": "/contracts/hNpkBGV3jkG#trustee-protected", "label": "Indenture (Boqii Holding LTD)", "score": 36.882270813, "published": true}], "hash": "da81e507ad3583f1c17a1636bf46eb13", "id": 4}, {"snippet": "If, in the reasonable opinion of the institution acting as Loan Trustee, any document required to be executed by it pursuant to the terms of Section 9.01 or 9.02 adversely affects any right, duty, immunity or indemnity with respect to such institution under this Indenture, such institution may in its discretion decline to execute such document.", "size": 65, "snippet_links": [{"key": "the-institution", "type": "clause", "offset": [33, 48]}, {"key": "loan-trustee", "type": "definition", "offset": [59, 71]}, {"key": "executed-by", "type": "definition", "offset": [101, 112]}, {"key": "terms-of", "type": "definition", "offset": [132, 140]}, {"key": "adversely-affects", "type": "definition", "offset": [162, 179]}, {"key": "with-respect-to", "type": "clause", "offset": [219, 234]}, {"key": "in-its-discretion", "type": "clause", "offset": [295, 312]}], "samples": [{"hash": "9DGlavG1nf8", "uri": "/contracts/9DGlavG1nf8#trustee-protected", "label": "Indenture and Security Agreement (Jetblue Airways Corp)", "score": 31.6283359528, "published": true}, {"hash": "8RtNqslM9fN", "uri": "/contracts/8RtNqslM9fN#trustee-protected", "label": "Indenture and Security Agreement (Jetblue Airways Corp)", "score": 31.6283359528, "published": true}, {"hash": "2mCCfzTry5Q", "uri": "/contracts/2mCCfzTry5Q#trustee-protected", "label": "Indenture and Security Agreement (Alaska Air Group, Inc.)", "score": 31.5106086731, "published": true}], "hash": "2fb71e063c963b54fc6939aef0634c1f", "id": 5}, {"snippet": "The Trustee shall sign any amendment, supplemental indenture or waiver authorized pursuant to this Article 9; provided, however, that the Trustee need not sign any amendment, supplement or waiver authorized pursuant to this Article 9 that adversely affects the Trustee\u2019s rights, duties, liabilities or immunities. The Trustee shall receive and conclusively rely upon an Opinion of Counsel as to legal matters and an Officers\u2019 Certificate as to factual matters that any supplemental indenture, amendment or waiver is permitted or authorized pursuant to this Indenture and constitutes the legal, valid and binding obligation of the Company enforceable in accordance with its terms (subject to customary exceptions).", "size": 60, "snippet_links": [{"key": "trustee-shall", "type": "definition", "offset": [4, 17]}, {"key": "any-amendment", "type": "definition", "offset": [23, 36]}, {"key": "supplemental-indenture", "type": "clause", "offset": [38, 60]}, {"key": "pursuant-to", "type": "clause", "offset": [82, 93]}, {"key": "article-9", "type": "definition", "offset": [99, 108]}, {"key": "adversely-affects", "type": "definition", "offset": [239, 256]}, {"key": "an-opinion-of-counsel", "type": "clause", "offset": [367, 388]}, {"key": "legal-matters", "type": "clause", "offset": [395, 408]}, {"key": "an-officers", "type": "clause", "offset": [413, 424]}, {"key": "factual-matters", "type": "clause", "offset": [444, 459]}, {"key": "amendment-or-waiver", "type": "clause", "offset": [493, 512]}, {"key": "valid-and-binding-obligation-of-the-company", "type": "clause", "offset": [594, 637]}, {"key": "in-accordance-with", "type": "definition", "offset": [650, 668]}, {"key": "subject-to", "type": "definition", "offset": [680, 690]}, {"key": "customary-exceptions", "type": "definition", "offset": [691, 711]}], "samples": [{"hash": "bJATbIWwE02", "uri": "/contracts/bJATbIWwE02#trustee-protected", "label": "Indenture (Azz Inc)", "score": 33.3696098328, "published": true}, {"hash": "4JECfnYKGuV", "uri": "/contracts/4JECfnYKGuV#trustee-protected", "label": "Indenture (Zuora Inc)", "score": 33.2272415161, "published": true}, {"hash": "ijXXfmjrKl9", "uri": "/contracts/ijXXfmjrKl9#trustee-protected", "label": "Indenture (NortonLifeLock Inc.)", "score": 31.4038333893, "published": true}], "hash": "ed34333ad93305d45b71292315c60408", "id": 6}, {"snippet": "The Trustee shall sign all supplemental indentures, except that the Trustee may, but need not, sign any supplemental indenture that adversely affects its rights.", "size": 57, "snippet_links": [{"key": "trustee-shall", "type": "definition", "offset": [4, 17]}, {"key": "supplemental-indentures", "type": "definition", "offset": [27, 50]}, {"key": "adversely-affects", "type": "definition", "offset": [132, 149]}], "samples": [{"hash": "jRSL8j2yBa3", "uri": "/contracts/jRSL8j2yBa3#trustee-protected", "label": "Indenture (NTL Delaware Inc)", "score": 18.0, "published": true}, {"hash": "jQJ3G4QCqcz", "uri": "/contracts/jQJ3G4QCqcz#trustee-protected", "label": "Bridge Loan Agreement (NTL Inc /De/)", "score": 18.0, "published": true}, {"hash": "ipFC9DLPxBH", "uri": "/contracts/ipFC9DLPxBH#trustee-protected", "label": "Indenture (Midcom Communications Inc)", "score": 18.0, "published": true}], "hash": "e6efc855e3795751f262aedd71069bb1", "id": 7}, {"snippet": "The Trustee need not sign any supplemental indenture that adversely affects its rights. The Trustee shall be entitled to receive, and shall be fully protected in relying upon, an Opinion of Counsel and an Officers' Certificate each stating that the execution of any amendment or supplement or waiver authorized pursuant to this Article is authorized or permitted by this Indenture, and that such amendment or supplement or waiver constitutes the legal, valid and binding obligation of the Company.", "size": 56, "snippet_links": [{"key": "the-trustee", "type": "clause", "offset": [0, 11]}, {"key": "supplemental-indenture", "type": "clause", "offset": [30, 52]}, {"key": "adversely-affects", "type": "definition", "offset": [58, 75]}, {"key": "trustee-shall", "type": "definition", "offset": [92, 105]}, {"key": "to-receive", "type": "definition", "offset": [118, 128]}, {"key": "an-opinion-of-counsel", "type": "clause", "offset": [176, 197]}, {"key": "an-officers", "type": "clause", "offset": [202, 213]}, {"key": "the-execution", "type": "clause", "offset": [245, 258]}, {"key": "amendment-or-supplement", "type": "clause", "offset": [266, 289]}, {"key": "pursuant-to", "type": "clause", "offset": [311, 322]}, {"key": "this-article", "type": "definition", "offset": [323, 335]}, {"key": "valid-and-binding-obligation-of-the-company", "type": "clause", "offset": [453, 496]}], "samples": [{"hash": "vR7LApohj9", "uri": "/contracts/vR7LApohj9#trustee-protected", "label": "Indenture (Western Resources Inc /Ks)", "score": 18.0, "published": true}, {"hash": "lgwq2qrgXHi", "uri": "/contracts/lgwq2qrgXHi#trustee-protected", "label": "Indenture (Wisconsin Gas Co)", "score": 18.0, "published": true}, {"hash": "jjBe92ZkbEA", "uri": "/contracts/jjBe92ZkbEA#trustee-protected", "label": "Indenture (Wisconsin Power & Light Co)", "score": 18.0, "published": true}], "hash": "f3900d0f19f00771ad417eab351fe40c", "id": 8}, {"snippet": "Upon the request of the Company, accompanied by the Officer\u2019s Certificate and Opinion of Counsel required by Section 16.01 stating that the execution of such supplemental indenture is authorized or permitted by this Indenture, and evidence reasonably satisfactory to the Trustee of consent of the Holders if the supplemental indenture is to be executed pursuant to Section 14.02, the Trustee shall join with the Company in the execution of said supplemental indenture unless said supplemental indenture affects the Trustee\u2019s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion, but shall not be obligated to, enter into said supplemental indenture. The Trustee shall be fully protected in relying upon such Officer\u2019s Certificate and an Opinion of Counsel.", "size": 50, "snippet_links": [{"key": "the-request", "type": "clause", "offset": [5, 16]}, {"key": "of-the-company", "type": "clause", "offset": [17, 31]}, {"key": "by-the-officer", "type": "clause", "offset": [45, 59]}, {"key": "required-by", "type": "definition", "offset": [97, 108]}, {"key": "section-1601", "type": "definition", "offset": [109, 122]}, {"key": "the-execution", "type": "clause", "offset": [136, 149]}, {"key": "to-the-trustee", "type": "clause", "offset": [264, 278]}, {"key": "the-holders", "type": "clause", "offset": [293, 304]}, {"key": "the-supplemental-indenture", "type": "clause", "offset": [308, 334]}, {"key": "to-be-executed", "type": "clause", "offset": [338, 352]}, {"key": "pursuant-to-section", "type": "definition", "offset": [353, 372]}, {"key": "trustee-shall", "type": "definition", "offset": [384, 397]}, {"key": "company-in", "type": "clause", "offset": [412, 422]}, {"key": "in-its-discretion", "type": "clause", "offset": [623, 640]}, {"key": "such-officer", "type": "definition", "offset": [766, 778]}, {"key": "an-opinion-of-counsel", "type": "clause", "offset": [797, 818]}], "samples": [{"hash": "hUMItNA27VV", "uri": "/contracts/hUMItNA27VV#trustee-protected", "label": "Indenture (Tech Data Corp)", "score": 28.0828208923, "published": true}, {"hash": "i6ZO8Y4uzr7", "uri": "/contracts/i6ZO8Y4uzr7#trustee-protected", "label": "Indenture (Tech Data Corp)", "score": 28.0444908142, "published": true}, {"hash": "jvZxv2YFPno", "uri": "/contracts/jvZxv2YFPno#trustee-protected", "label": "Indenture (Alphabet Inc.)", "score": 27.1136207581, "published": true}], "hash": "53a058926eb86ac055f3cb5e5136e3f7", "id": 9}, {"snippet": "The Trustee need not sign any supplemental indenture that adversely affects its rights.", "size": 42, "snippet_links": [{"key": "the-trustee", "type": "clause", "offset": [0, 11]}, {"key": "supplemental-indenture", "type": "clause", "offset": [30, 52]}, {"key": "adversely-affects", "type": "definition", "offset": [58, 75]}], "samples": [{"hash": "5Gm2StqjaB3", "uri": "/contracts/5Gm2StqjaB3#trustee-protected", "label": "Indenture (Deeproot Growth Runs Deep Fund, LLC)", "score": 25.4052028656, "published": true}, {"hash": "43ofcjZS4r6", "uri": "/contracts/43ofcjZS4r6#trustee-protected", "label": "Indenture (1st FRANKLIN FINANCIAL CORP)", "score": 22.4948673248, "published": true}, {"hash": "5mDXld6JsXb", "uri": "/contracts/5mDXld6JsXb#trustee-protected", "label": "Indenture (Rockdale Resources Corp)", "score": 21.8117733002, "published": true}], "hash": "23d15375c8e2724e7417512805eafe9f", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihp0cnVzdGVlLXByb3RlY3RlZCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [["notices", "Notices"], ["statements-required-in-certificate-or-opinion", "Statements Required in Certificate or Opinion"], ["certificate-and-opinion-as-to-conditions-precedent", "Certificate and Opinion as to Conditions Precedent"], ["trust-indenture-act-controls", "Trust Indenture Act Controls"], ["rules-by-trustee-and-agents", "Rules by Trustee and Agents"]], "parents": [["amendments-and-waivers", "Amendments and Waivers"], ["preferential-collection-of-claims-against-company", "Preferential Collection of Claims Against Company"], ["amendments", "Amendments"], ["undertaking-for-costs", "Undertaking for Costs"], ["reinstatement", "Reinstatement"]], "size": 1028, "title": "Trustee Protected", "id": "trustee-protected", "related": [["trustee-provisions", "Trustee Provisions", "Trustee Provisions"], ["mortgagee-protection", "Mortgagee Protection", "Mortgagee Protection"], ["trustee-management", "Trustee Management", "Trustee Management"], ["eligibility-requirements-for-trustee-and-securities-administrator", "Eligibility Requirements for Trustee and Securities Administrator", "Eligibility Requirements for Trustee and Securities Administrator"], ["indenture-trustee-not-obligated", "Indenture Trustee Not Obligated", "Indenture Trustee Not Obligated"]], "related_snippets": [], "updated": "2026-05-15T04:24:17+00:00", "also_ask": ["What are the essential elements to include for robust trustee protection?", "How can this clause be negotiated to balance trustee protection with beneficiary rights?", "What are the most common legal challenges to enforcing trustee protection clauses in court?", "How does this clause compare to trustee exculpation provisions in other jurisdictions?", "What drafting pitfalls could render trustee protections unenforceable or void?"], "drafting_tip": "Specify the extent of trustee protection to clarify liability limits, define exceptions to prevent abuse, and reference applicable laws to ensure enforceability.", "explanation": "The 'Trustee Protected' clause serves to limit the personal liability of a trustee acting on behalf of a trust. In practice, this means that any obligations, liabilities, or claims arising under the agreement are enforceable only against the assets of the trust, not against the trustee personally. For example, if the trust enters into a contract and a dispute arises, only the trust's assets can be targeted for recovery, not the trustee's own property. This clause is essential for protecting trustees from personal financial risk and encourages individuals to serve as trustees without fear of personal exposure."}, "json": true, "cursor": ""}}