Common use of Qualifying Trustee Clause in Contracts

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.

Appears in 17 contracts

Sources: Indenture (Haleon PLC), Indenture (Cobrew SA/NV), Indenture (Anheuser-Busch InBev SA/NV)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 4.6 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 9 contracts

Sources: Indenture (Cadiz Inc), Subordinated Indenture (Cadiz Inc), Indenture (Cadiz Inc)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 hereof for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.

Appears in 9 contracts

Sources: Indenture (DH Europe Finance II S.a.r.l.), Indenture (DH Europe Finance II S.a.r.l.), Indenture (Danaher Corp /De/)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 402(4)(a) for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 7 contracts

Sources: Indenture (Avalonbay Communities Inc), Indenture (Apple Hospitality REIT, Inc.), Indenture (Apple Hospitality REIT, Inc.)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 4.2 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 5 contracts

Sources: Indenture (Aptargroup, Inc.), Indenture (JMP Group LLC), Indenture (JMP Group LLC)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.. ARTICLE FOURTEEN

Appears in 5 contracts

Sources: Indenture (Airtran Holdings Inc), Indenture (Sabre Holding Corp), Indenture (Monsanto Co)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 13.4 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.

Appears in 4 contracts

Sources: Junior Subordinated Indenture (MRM Capital Trust Iii), Junior Subordinated Indenture (Everest Re Group LTD), Junior Subordinated Indenture (MRM Capital Trust Iii)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 1404 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 4 contracts

Sources: Indenture (Newell Rubbermaid Inc), Indenture (Newell Rubbermaid Inc), Indenture (Newell Rubbermaid Inc)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 1504 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an any agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.. ARTICLE SIXTEEN

Appears in 4 contracts

Sources: Indenture (Talk America), Indenture (Monsanto Co), Indenture (Talk America)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 13.04 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.

Appears in 3 contracts

Sources: Indenture (RCC Western Stores, Inc.), Indenture (Hancock Holding Co), Indenture (Hancock Holding Co)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 3 contracts

Sources: Indenture (Monsanto Finance Canada Co.), Indenture (Integrated Circuit Systems Inc), Indenture (Monsanto Co /New/)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 12.4 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.

Appears in 3 contracts

Sources: Indenture of Trust (Kayne Anderson MLP Investment CO), Indenture of Trust (Kayne Anderson MLP Investment CO), Indenture of Trust (Kayne Anderson MLP Investment CO)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 4.2 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trusteecertificate, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 2 contracts

Sources: Senior Indenture (Cit Group Inc), Subordinated Indenture (Cit Group Inc)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 1404 for the purpose of holding trust funds money and U.S. Government Obligations deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trusteeTrustee.

Appears in 2 contracts

Sources: Senior Indenture (Complete Management Inc), Subordinated Indenture (Complete Management Inc)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 12.04 for the purpose of holding trust funds deposited pursuant to that such Section 12.04 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.

Appears in 2 contracts

Sources: Indenture (Governor & Co of the Bank of Ireland), Indenture (Governor & Co of the Bank of Ireland)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 13.4 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form reasonably acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.

Appears in 2 contracts

Sources: Senior Indenture (MRM Capital Trust Iii), Senior Indenture (Mutual Risk Management LTD)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 1504 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an any agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In If no event shall the Trustee be liable for any acts or omissions of said trustee.. ARTICLE SIXTEEN

Appears in 2 contracts

Sources: Indenture (Monsanto Co), Indenture Agreement (Brookdale Living Communities Inc)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 1305 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.

Appears in 2 contracts

Sources: Senior Indenture (EAM Corp), Senior Indenture (Domtar Paper Company, LLC)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 12.2 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance legal defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 2 contracts

Sources: Indenture (SM Energy Co), Indenture (SM Energy Co)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 12.02 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 1 contract

Sources: Indenture (WPX Energy, Inc.)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 13.4 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.certificate

Appears in 1 contract

Sources: Junior Subordinated Indenture (Everest Re Capital Trust Iii)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 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 Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.

Appears in 1 contract

Sources: Indenture (Selective Insurance Group Inc)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 1504 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an any agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 1 contract

Sources: Indenture (Talk America)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 1404 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the 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 Trustee be liable for any acts or omissions of said trustee.. ARTICLE FIFTEEN

Appears in 1 contract

Sources: Indenture (General Electric Co)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 13.04 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 1 contract

Sources: Indenture (Syngenta Finance N.V.)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 1204 for the purpose of holding trust funds deposited pursuant to -146- that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 1 contract

Sources: Indenture (Mission Energy Holding Co)

Qualifying Trustee. Any trustee appointed pursuant to Section 1304 ‎Section 13.04 for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance defeasance or Covenant Defeasance covenant defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

Appears in 1 contract

Sources: Indenture (Syngenta Ag)