Common use of Certain References and Obligations Clause in Contracts

Certain References and Obligations. (a) After the Relevant ---------------------------------- Date, the provisions of Section 10 which require or permit any action by, any consent, approval or authorization of, the furnishing of any document, paper or information to, or the performance of any other obligation to, the Owner Trustee or the Owner Participant shall not be effective, and the Sections containing such provisions shall be read as though there were no such references to any such requirements or permissions.

Appears in 2 contracts

Sources: Trust Indenture, Mortgage, Assignment of Charter, and Security Agreement (Mobil Corp), Trust Indenture, Deed of Trust, Assignment of Lease, and Security Agreement (Mobil Corp)

Certain References and Obligations. (a) After the Relevant ---------------------------------- Date, ---------------------------------- the provisions of Section 10 which require or permit any action by, any consent, approval or authorization of, the furnishing of any document, paper or information to, or the performance of any other obligation to, the Owner Grantor Trustee or the Owner Participant shall not be effective, and the Sections containing such provisions shall be read as though there were no such references to any such requirements or permissions. (IV) Section 14.1 of the Participation Agreement shall read as follows:

Appears in 1 contract

Sources: Indenture (Eex Corp)