Common use of Qualifying Trustee Clause in Contracts

Qualifying Trustee. Any trustee appointed pursuant to Section 12.04 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Indenture Trustee and shall provide to the Indenture Trustee a certificate of such trustee, upon which certificate the Indenture Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance or Covenant Defeasance have been complied with. In no event shall the Indenture Trustee be liable for any acts or omissions of said trustee.

Qualifying Trustee. Any trustee appointed pursuant to Section 12.04 8.05 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an a written agreement in form acceptable to not inconsistent with the Indenture Trustee provisions of this Indenture, and the Company shall provide to the Indenture Trustee a certificate an Officer’s Certificate and an Opinion of such trusteeCounsel, upon which certificate and opinion the Indenture Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance or Covenant Defeasance have been complied with. In no event shall the Indenture Trustee be liable for any acts or omissions of said trustee.