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(d) The Trustee shall be protected, in the absence of bad faith on its part, in acting upon any
notice, request, consent, certificate, order, affidavit, letter, telegram or other paper or document reasonably
believed by it to be genuine and correct and to have been signed or sent by the proper Person or Persons.
Any action taken by the Trustee pursuant to this Indenture upon the request, authority or consent of any
Person who is the Holder of any Bonds at the time of making the request or giving the authority or consent,
shall be conclusive and binding upon all future Holders of the same Bond and of Bonds issued in exchange
therefor or in place thereof.
(e) As to the existence or nonexistence of any fact for which the Issuer or the Borrower may
be responsible or as to the sufficiency or validity of any instrument, document, report, paper or proceeding,
the Trustee, in the absence of bad faith on its part, shall be entitled to rely upon a certificate signed on behalf
of the Issuer or Borrower, as appropriate, by an Authorized Official or an Authorized Borrower
Representative as sufficient evidence of the facts recited therein. Prior to the occurrence of a default or
Event of Default hereunder of which the Responsible Officer has been notified, as provided in subsection (f)
below, or of which by that paragraph the Responsible Officer is deemed to have notice, the Trustee may
accept a similar certificate to the effect that any particular dealing, transaction or action is necessary or
expedient; provided, that the Trustee may require and obtain any further evidence which it deems to be
necessary or advisable; and, provided further, that the Trustee shall not be bound to secure any such further
evidence.
(f) The Trustee shall not be required to take notice, and shall not be deemed to have notice, of
any default or Event of Default hereunder, except Events of Default described in Section 7.01(a), (b) and
(d) (but only with respect to Section 7.1(a) of the Loan Agreement) hereof, unless the Responsible Officer
shall be notified specifically of the default or Event of Default in a written instrument or document delivered
to it by the Issuer or by the Holders of at least 10% of the aggregate principal amount of the Bonds then
Outstanding and such notice contains a reference to this Indenture and the Bonds). In the absence of
delivery of a notice satisfying those requirements, the Trustee may assume conclusively that there is no
default or Event of Default, except as noted above.
(g) The Trustee shall not be required to give any bond or surety with respect to the execution
of these trusts and powers or otherwise in respect of the premises.
(h) Notwithstanding anything contained elsewhere in this Indenture, the Trustee may demand
any showings, certificates, reports, opinions, appraisals and other information, and any corporate action and
evidence thereof, in addition to that required by the terms hereof, as a condition to the authentication of any
Bonds or the taking of or omitting to take any action whatsoever within the purview of this Indenture, if the
Trustee deems it to be desirable for the purpose of establishing the right of any Person to the taking of or
omitting to take any other action by the Trustee; provided, that the Trustee shall not be required to make
that demand.
(i) Before taking action hereunder pursuant to Section 6.04 or Article VII hereof (with the
exception of any action required to be taken under Section 7.02 hereof), the Trustee may require that a
satisfactory indemnity bond be furnished to it for the reimbursement of all expenses which it may incur and
to protect it against all liability by reason of any action so taken, except liability which is adjudicated to
have resulted from its negligence or willful misconduct. The Trustee may take action without that
indemnity, and in that case, the Borrower shall reimburse the Trustee for all of the Trustee鈥檚 expenses
pursuant to Section 6.03 hereof.
(j) Unless otherwise provided herein, all money received by the Trustee under this Indenture
shall be held in trust for the purposes for which such money was received, until such money is used, applied
or invested as provided herein; provided, that such money need not be segregated from other money, except
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