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 7.01 and 7.02, 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, 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 Officers' Certificate delivered to the Trustee.

Appears in 8 contracts

Samples: Indenture (Profit Recovery Group International Inc), Indenture (PRG Schultz International Inc), Indenture (PRG Schultz International Inc)

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Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 7.01 Section 5.1 and 7.02Section 5.2 hereof, 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, 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 Officers' Certificate delivered to the Trustee.

Appears in 2 contracts

Samples: Indenture (NRG Energy Inc), Indenture (NRG Energy Inc)

Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 7.01 6.01 and 7.026.02, 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, 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 Officers' Certificate delivered to the Trustee.

Appears in 1 contract

Samples: Gillette Co

Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 7.01 Section 5.1 and 7.02Section 5.2 hereof, 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, 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 Officers' Certificate delivered to the Trustee.unless

Appears in 1 contract

Samples: Indenture (NRG Energy Inc)

Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 7.01 6.1 and 7.026.2, 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, 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 Officers' Certificate delivered to the Trustee.unless

Appears in 1 contract

Samples: Kaufman & Broad Home Corp

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Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 7.01 5.01 and 7.025.02, 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, 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 Officers' Certificate delivered to the Trustee.'

Appears in 1 contract

Samples: Home Depot Inc

Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 7.01 6.01 and 7.026.02, 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, 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, may be deemed to be conclusively proved and established by an Officers' Certificate delivered to the Trustee, and such certificate shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Indenture upon the faith thereof.

Appears in 1 contract

Samples: Thomas Properties Group Inc

Right of Trustee to Rely on Officers' Certificate, etc. Subject to Sections 7.01 Section 5.1 and 7.02Section 5.2 hereof, 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, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of gross negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officers' Certificate delivered to the Trustee.

Appears in 1 contract

Samples: Indenture (Edison Mission Energy)

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