Laserfiche WebLink
<br />83- z~Gt36~: <br />covenants, conditions and agreements aforesaid and as to <br />the condition of the property herein conveyed. <br />(d) Trustee shall not be accountable for the use <br />of any Bonds authenticated or delivered hereunder. <br />Trustee may become the owner of Bonds secured hereby <br />with the same rights which it would have if not Trustee. <br />(e) Trustee shall be protected in acting upon any <br />notice., request, consent, certificate, order, affidavit, <br />letter, telegram or other paper or document believed to <br />be genuine and correct and to have been signed or sent <br />by the proper person or persons. Any action taken by <br />Trustee pursuant to this Indenture upon the request or <br />authority or consent of any person who at the time of <br />making such request or giving such authority or consent <br />is the owner of any Bond shall be conclusive and binding <br />upon all future owners of the same Bond and upon Bonds <br />issued in exchange therefor or ir. place thereof. <br />(f) As to the existence or nonexistence of any <br />fact or as to the sufficiency or validity of any instru- <br />ment, paper or proceeding, Trustee shall be entitled to <br />rely upon a certificate signed by Issuer Representative <br />or Company Representative as sufficient evidence of the <br />facts therein contained and, prior to the occurrence of <br />a Default of which Trustee has been notified as provided <br />in Section 10.01(h) hereof, or of which by said subsec- <br />tion it is deemed to have notice, shall also be at <br />liberty to accept a similar certificate to the effect <br />that any particular dealing, transaction ar action is <br />necessary or expedient, but may at its discretion secure <br />such further evidence deemed by it to be necessary or <br />advisable, but shall in no case be bound to secure the <br />same. Trustee may accept a certificate of such offi- <br />cials of Issuer who executed tine Bonds (or their succes- <br />sors in office} under the seal of issuer to the effect <br />that a resolution in the form therein set forth has been <br />adopted by Fssuer as conclusive evidence that such <br />resolution has been duly adapted and is in full force <br />and effect. <br />{g) The permissive right of Trustee to do things <br />enumerated in this Indenture shall not be construed as a <br />duty, and Trustee shall not be answerable for other than <br />its negligence or willful default. <br />{h) Trustee shall not be required to take notice <br />or be deemed to have notice of any Default hereunder <br />except failure by issuer to cause to be made any of the <br />-38- <br />». <br /> <br /> <br /> <br />