Responsible Officer definition
Examples of Responsible Officer in a sentence
Any certificate or opinion of a Responsible Officer of the Issuer or Opinion of Counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Servicer or the Issuer and other documents necessary and advisable in the judgement of such Responsible Officer delivering such certificate or opinion or such counsel delivering such Opinion of Counsel.
The Trustee will not be deemed to have notice or be charged with knowledge of any Default or Event of Default unless written notice thereof has been received by a Responsible Officer, and such notice references the applicable Series of Securities and this Indenture and states on its face that a Default or Event of Default has occurred.
If a Default or Event of Default occurs and is continuing with respect to the Securities of any Series and if it is known to a Responsible Officer of the Trustee, the Trustee shall send to each Holder of the Securities of that Series notice of a Default or Event of Default within 90 days after it occurs or, if later, after a Responsible Officer of the Trustee has knowledge of such Default or Event of Default.
The Deferred Fuel Cost Bonds may, at the election of and as authorized by a Responsible Officer of the Issuer, be issued in one or more Tranches, and shall be designated generally as the “2026 Senior Secured Deferred Fuel Cost Bonds” of the Issuer, with such further particular designations added or incorporated in such title for the Deferred Fuel Cost Bonds of any particular Tranche as a Responsible Officer of the Issuer may determine.
Any notice or other communication to the Trustee shall be deemed delivered until actual receipt by a Responsible Officer.