Common use of Applicability to Paying Agents Clause in Contracts

Applicability to Paying Agents. In case at any time any Paying Agent other than the Trustee shall have been appointed by the Company and be then acting hereunder, the term "Trustee" as used in this Article Fifteen shall in such case (unless the context otherwise requires) be construed as extending to and including such Paying Agent within its meaning as fully for all intents and purposes as if such Paying Agent were named in this Article Fifteen in addition to or in place of the Trustee; provided, however, that this Section 1513 shall not apply to the Company or any Affiliate of the Company if it or such Affiliate acts as Paying Agent.

Appears in 2 contracts

Samples: Subordinated Indenture (Sci Systems Inc), Subordinated Indenture (Sci Systems Inc)

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Applicability to Paying Agents. In case at any time any Paying Agent other than the Trustee shall have been appointed by the Company and be then acting hereunder, the term "Trustee" as used in this Article Fifteen Fourteen shall in such case (unless the context otherwise requires) be construed as extending to and including such Paying Agent within its meaning as fully for all intents and purposes as if such Paying Agent were named in this Article Fifteen Fourteen in addition to or in place of the Trustee; provided, however, that this Section 1513 1413 shall not apply to the Company or any Affiliate of the Company if it or such Affiliate acts as Paying Agent.

Appears in 1 contract

Samples: Indenture (Citadel License Inc)

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Applicability to Paying Agents. In case at any time any Paying Agent other than the Trustee shall have been appointed by the Company and be then acting hereunder, the term "Trustee" as used in this Article Fifteen Twelve shall in such case (unless the context otherwise requires) be construed as extending to and including such Paying Agent within its meaning as fully for all intents and purposes as if such Paying Agent were named in this Article Fifteen Twelve in addition to or in place of the Trustee; provided, however, that this Section 1513 1213 shall not apply to the Company or any Affiliate of the Company if it or such Affiliate acts as Paying Agent.

Appears in 1 contract

Samples: Indenture (CCC Capital Trust Ii)

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