Common use of Experts, Advisers and Agents Clause in Contracts

Experts, Advisers and Agents. (1) The Trustee may: (a) employ or retain and act and rely on the opinion or advice of or information obtained from any solicitor, auditor, valuer, engineer, surveyor, appraiser or other expert, whether obtained by the Trustee or by the Corporation, or otherwise, and shall not be liable for acting, or refusing to act, in good faith on any such opinion or advice and may pay proper and reasonable compensation for all such legal and other advice or assistance as aforesaid. The reasonable costs of such services shall be added to and become part of the Trustee’s remuneration hereunder; and (b) employ such agents and other assistants as it may reasonably require for the proper discharge of its duties hereunder, and may pay reasonable remuneration for all services performed for it (and shall be entitled to receive reasonable remuneration for all services performed by it) in the discharge of the trusts hereof and compensation for all disbursements, costs and expenses made or incurred by it in the discharge of its duties hereunder and in the management of the trusts hereof and any solicitors employed or consulted by the Trustee may, but need not be, solicitors for the Corporation.

Appears in 2 contracts

Sources: Indenture (Sundial Growers Inc.), Indenture

Experts, Advisers and Agents. (1) The Trustee may: (a) employ or retain and act and rely on the opinion or advice of or information obtained from any solicitor, auditor, valuer, engineer, surveyor, appraiser or other expert, whether obtained by the Trustee or by the CorporationCompany or the Parent, or otherwise, and shall not be liable for acting, or refusing to act, in good faith on any such opinion or advice and may pay proper and reasonable compensation for all such legal and other advice or assistance as aforesaid. The reasonable costs of such services shall be added to and become part of the Trustee’s remuneration hereunder; and (b) employ such agents and other assistants as it may reasonably require for the proper discharge of its duties hereunder, and may pay reasonable remuneration for all services performed for it (and shall be entitled to receive reasonable remuneration for all services performed by it) in the discharge of the trusts hereof and compensation for all disbursements, costs and expenses made or incurred by it in the discharge of its duties hereunder and in the management of the trusts hereof and any solicitors employed or consulted by the Trustee may, but need not be, solicitors for the CorporationCompany or the Parent.

Appears in 1 contract

Sources: Indenture

Experts, Advisers and Agents. (1) The Trustee may: (a) employ or retain and act and rely on the opinion or advice of or information obtained from or prepared by any solicitor, attorney, auditor, accountant, appraiser, valuer, engineer, surveyor, appraiser engineer or other expert, whether obtained retained by the Trustee or by the Corporation, Rational and/or Acquisition Sub or otherwise, and shall not may retain or employ any assistant as may be liable for acting, or refusing necessary to act, in good faith on any such opinion or advice the proper discharge of its powers and duties and determination of its rights under this trust agreement and may pay proper and reasonable compensation for all such any legal and other advice or assistance as aforesaid. The reasonable costs of such services shall be added referred to and become part of the Trustee’s remuneration hereunderabove; and (b) retain or employ such agents any agent and other assistants assistant as it may reasonably require for the proper determination and discharge of its powers and duties hereunderunder this trust agreement, and may pay reasonable remuneration for all services performed for it (and shall will be entitled to receive reasonable remuneration for all services performed by it) in the discharge of the trusts hereof of this trust agreement and compensation for all disbursements, costs and expenses made or incurred by it in the discharge of its duties hereunder under this trust agreement and in the management of the trusts hereof and any solicitors employed or consulted by the Trustee may, but need not be, solicitors for the CorporationTrust.

Appears in 1 contract

Sources: Transaction Agreement (Rational Software Corp)