Common use of Applicable to Paying Agents Clause in Contracts

Applicable 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 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 in addition to or in place of the Trustee; provided, however, that Section 1213 shall not apply to the Company, any Subsidiary Guarantor or any Affiliate of the Company if it or such Subsidiary Guarantor or Affiliate acts as Paying Agent. SECTION 1215. Defeasance of this Article Twelve. The subordination of the Securities of a series provided by this Article Twelve is expressly made subject to the provisions for Defeasance or Covenant Defeasance in Article Fifteen hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such Defeasance or Covenant Defeasance, the Securities of such series then outstanding shall thereupon cease to be subordinated pursuant to this Article Twelve.

Appears in 6 contracts

Samples: Gastar Exploration Inc., Indenture (Gasco Energy Inc), Trico Marine Services Inc

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Applicable 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 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 in addition to or in place of the Trustee; provided, however, that Section 1213 shall not apply to the Company, any Subsidiary Guarantor or any Affiliate of the Company if it or such Subsidiary Guarantor or Affiliate acts as Paying Agent. SECTION 1215. Defeasance of this Article Twelve. The subordination of the Securities of a series provided by this Article Twelve is expressly made subject to the provisions for Defeasance or Covenant Defeasance in Article Fifteen hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such Defeasance or Covenant Defeasance, the Securities of such series then outstanding shall thereupon cease to be subordinated pursuant to this Article Twelve.. ARTICLE THIRTEEN

Appears in 5 contracts

Samples: Indenture (Contango Venture Capital Corp), Indenture (Contaro Co), Indenture (Contaro Co)

Applicable 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 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 in addition to or in place of the Trustee; provided, however, that Section 1213 1414 shall not apply to the Company, any Subsidiary Guarantor Company or any Affiliate of the Company if it or such Subsidiary Guarantor or Affiliate acts as Paying Agent. SECTION 1215. Section 1414 Defeasance of this Article TwelveFourteen. The subordination of the Securities of a series provided by this Article Twelve is expressly made subject to the provisions for Defeasance defeasance or Covenant Defeasance covenant defeasance in Article Fifteen Thirteen hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such Defeasance defeasance or Covenant Defeasancecovenant defeasance, the Securities of such series then outstanding shall thereupon cease to be subordinated pursuant to this Article TwelveFourteen. ----------------------------- This instrument may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. In proving the existence of this Indenture it shall not be necessary to produce more than one copy.

Appears in 1 contract

Samples: American Tower Corp /Ma/

Applicable 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 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 in addition to or in place of the Trustee; provided, however, that Section 1213 shall not apply to the Company, any Subsidiary Guarantor Company or any Affiliate of the Company if it or such Subsidiary Guarantor or Affiliate acts as Paying Agent. SECTION 1215. Defeasance of this Article Twelve. The subordination of the Securities of a series provided by this Article Twelve is expressly made subject to the provisions for Defeasance defeasance or Covenant Defeasance covenant defeasance in Article Fifteen Fourteen hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such Defeasance defeasance or Covenant Defeasancecovenant defeasance, the Securities of such series then outstanding shall thereupon cease to be subordinated pursuant to this Article Twelve.

Appears in 1 contract

Samples: Indenture (Penn Virginia Corp)

Applicable 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 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 in addition to or in place of the Trustee; providedPROVIDED, howeverHOWEVER, that Section 1213 shall not apply to the Company, any Subsidiary Guarantor or any Affiliate of the Company if it or such Subsidiary Guarantor or Affiliate acts as Paying Agent. SECTION 66 Section 1215. Defeasance of this Article TwelveDEFEASANCE OF THIS ARTICLE TWELVE. The subordination of the Securities of a series provided by this Article Twelve is expressly made subject to the provisions for Defeasance defeasance or Covenant Defeasance covenant defeasance in Article Fifteen hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such Defeasance defeasance or Covenant Defeasancecovenant defeasance, the Securities of such series then outstanding shall thereupon cease to be subordinated pursuant to this Article Twelve.. ARTICLE THIRTEEN

Appears in 1 contract

Samples: Carriage Cemetery Services of Idaho Inc

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Applicable 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 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 in addition to or in place of the Trustee; provided, however, that Section 1213 1413 shall not apply to the Company, any Subsidiary Guarantor or any Affiliate of the Company if it or such Subsidiary Guarantor or Affiliate acts as Paying Agent. SECTION 1215. 1415 Defeasance of this Article TwelveFourteen. The subordination of the Securities of a series Subsidiary Guarantees provided by this Article Twelve Fourteen is expressly made subject to the provisions for Defeasance or Covenant Defeasance of a series of Securities in Article Fifteen hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such Defeasance or Covenant DefeasanceDefeasance with respect to a series of Securities, the Subsidiary Guarantees of the Securities of such series then outstanding shall thereupon cease to be subordinated pursuant to this Article Twelve.Fourteen. ARTICLE FIFTEEN DEFEASANCE AND COVENANT DEFEASANCE

Appears in 1 contract

Samples: Rearden Minerals, LLC

Applicable 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 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 in addition to or in place of the Trustee; provided, however, that Section 1213 1612 shall not apply to the Company, any Subsidiary Guarantor Company or any Affiliate of the Company if it or such Subsidiary Guarantor or Affiliate acts as Paying Agent. SECTION 12151614. Defeasance of this Article TwelveSixteen. The subordination of the Securities of a series Subsidiary Guarantees provided by this Article Twelve Sixteen is expressly made subject to the provisions for Defeasance defeasance or Covenant Defeasance covenant defeasance in Article Fifteen Thirteen hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such Defeasance defeasance or Covenant Defeasancecovenant defeasance, the Securities of such series Subsidiary Guarantees then outstanding shall thereupon cease to be subordinated pursuant to this Article TwelveSixteen. ----------------------------- This instrument may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: Key3media Group Inc

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