Common use of Trustee's Authority Clause in Contracts

Trustee's Authority. Persons dealing ------------------- with the Trustee shall be under no obligation to see the proper application of any money paid or property delivered to the Trustee or to inquire into the Trustee's authority as to any transaction.

Appears in 2 contracts

Samples: Trust Agreement (Carpenter Technology Corp), Trust Agreement (Carpenter Technology Corp)

AutoNDA by SimpleDocs

Trustee's Authority. Persons dealing ------------------- with the Trustee shall be under no obligation to see to the proper application of any money paid or property delivered to the Trustee or to inquire into the Trustee's authority as to any transaction.

Appears in 2 contracts

Samples: Service Agreement (Ogara Co /Oh/), Trust Agreement (Andersen Group Inc)

AutoNDA by SimpleDocs

Trustee's Authority. Persons dealing ------------------- with the Trustee shall be under no obligation to see the proper application of any money paid or property delivered to the Trustee or to inquire into the Trustee's ’s authority as to any transaction.

Appears in 2 contracts

Samples: Trust Agreement (Carpenter Technology Corp), Trust Agreement (Carpenter Technology Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.