Common use of Right of Trustee to Rely on Officers' Certificate, etc Clause in Contracts

Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 6.1 and 6.2, whenever in the administration of the trusts of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering or omitting any action hereunder, it may request and such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officer's Certificate and/or Opinion of Counsel, as the case may be, delivered to the Trustee, and such certificate or Opinion of Counsel, shall be full warrant to the Trustee for any action taken, suffered or omitted by it or under the provisions of this Indenture upon the faith thereof.

Appears in 2 contracts

Samples: Satisfaction And (Enhance Financial Services Group Inc), Satisfaction And (Enhance Financial Services Group Inc)

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Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 6.1 and 6.2, whenever in the administration of the trusts of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering or omitting any action hereunder, it may request and such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith willful misconduct on the part of the Trustee, be deemed to be conclusively proved and established by an Officer's ’s Certificate and/or and Opinion of Counsel, as the case may be, Counsel delivered to the Trustee, and such certificate and opinion, in the absence of negligence or Opinion willful misconduct on the part of Counselthe Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it or under the provisions of this Indenture upon the faith thereof.

Appears in 1 contract

Samples: Indenture (Con-Way Inc.)

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Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 6.1 and 6.2, whenever Whenever in the administration of the trusts of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering or omitting any action hereunder, it may request and such matter (unless other evidence in respect thereof shall be herein specifically prescribed) may, in the absence of negligence or bad faith willful misconduct on the part of the Trustee, be deemed to be conclusively proved and established by an Officer's ’s Certificate and/or or Opinion of Counsel, as the case may be, Counsel delivered to the Trustee, and such certificate or Opinion opinion, in the absence of Counselnegligence or willful misconduct on the part of the Trustee, shall be full warrant warranty to the Trustee for any action taken, suffered or omitted by it or under the provisions of this Indenture upon the faith thereof.

Appears in 1 contract

Samples: Indenture (Raghsa S.A.)

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