Common use of Trustee Entitled to Rely Clause in Contracts

Trustee Entitled to Rely. Upon any payment or distribution pursuant to this Section 9.08, the Trustee and the Holders shall be entitled to conclusively rely (a) upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in Section 9.08(B) are pending, (b) upon a certificate of the liquidating trustee or agent or other Person making such payment or distribution to the Trustee or to the Holders or (c) upon the Holdings Representatives of Holdings Senior Indebtedness for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of such Holdings Senior Indebtedness and other Indebtedness of Holdings, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 9.

Appears in 1 contract

Sources: Indenture (Realogy Group LLC)

Trustee Entitled to Rely. Upon any payment or distribution pursuant to this Section 9.08Article 12, the Trustee and the Holders Securityholders shall be entitled to conclusively rely rely (a1) upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in Section 9.08(B) 12.02 are pending, , (b2) upon a certificate of the liquidating trustee or agent or other Person making such payment or distribution to the Trustee or to the Holders or Securityholders or (c3) upon the Holdings Representatives for the holders of Holdings Senior Indebtedness of any Subsidiary Guarantor for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of such Holdings Senior Indebtedness and other Indebtedness of Holdingssuch Subsidiary Guarantor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 9Article 12.

Appears in 1 contract

Sources: Indenture (Wilmar Holdings Inc)

Trustee Entitled to Rely. Upon any payment or distribution pursuant to this Section 9.08Article 10, the Trustee and the Holders Securityholders shall be entitled to conclusively rely (ai) upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in Section 9.08(B) 10.2 are pending, (bii) upon a certificate of the liquidating trustee or agent or other Person making such payment or distribution to the Trustee or to the Holders Securityholders or (ciii) upon the Holdings Representatives for the holders of Holdings Senior Indebtedness for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of such Holdings the Senior Indebtedness and other Indebtedness of Holdingsthe Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 9.Article

Appears in 1 contract

Sources: Indenture (Telex Communications Inc)

Trustee Entitled to Rely. Upon any payment or distribution pursuant to this Section 9.08ARTICLE X, the Trustee and the Holders Securityholders shall be entitled to conclusively rely (ai) upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in Section 9.08(B) SECTION 10.2 are pending, (bii) upon a certificate of the liquidating trustee or agent or other Person making such payment or distribution to the Trustee or to the Holders Securityholders or (ciii) upon the Holdings Representatives for the holders of Holdings Senior Indebtedness for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of such Holdings Senior Indebtedness and other Indebtedness of Holdingsthe Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 9.ARTICLE

Appears in 1 contract

Sources: Indenture (Georgia Gulf Corp /De/)

Trustee Entitled to Rely. Upon any payment or ------------------------ distribution pursuant to this Section 9.08Article 14, the Trustee and the Holders shall be ---------- entitled to conclusively rely (ai) upon any order or decree of a court of competent - jurisdiction in which any proceedings of the nature referred to in Section 9.08(B) 1402 ------------ are pending, (bii) upon a certificate of the liquidating trustee or agent or -- other Person making such payment or distribution to the Trustee or to the Holders or or (ciii) upon the Holdings Representatives for the holders of Holdings Senior Indebtedness for the --- purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of such Holdings the Senior Indebtedness and other Indebtedness of Holdingsthe Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 9.Article -------

Appears in 1 contract

Sources: Indenture (Dynatech Corp)

Trustee Entitled to Rely. Upon any payment or distribution pursuant to this Section 9.08Article 10, the Trustee and the Holders Debentureholders shall be entitled to conclusively rely (ai) upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in Section 9.08(B) 10.02 are pending,, (bii) upon a certificate of the liquidating trustee or agent or other Person making such payment or distribution to the Trustee or to the Holders Debentureholders or (ciii) upon the Holdings Representatives for the holders of Holdings Senior Indebtedness Debt for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of such Holdings the Senior Indebtedness Debt and other Indebtedness of Holdingsthe Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 9.this

Appears in 1 contract

Sources: Indenture (Petroleum Heat & Power Co Inc)