Common use of Benefit of Indenture Clause in Contracts

Benefit of Indenture. This Indenture is for the sole benefit of the Shipowner, the Indenture Trustee, the Holders and (until the obligations to the Secretary shall have terminated as provided in Article XI) the Secretary.

Appears in 6 contracts

Samples: Trust Indenture Special Provisions (Cal Dive International Inc), American Classic Voyages Co, Ensco International Inc

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Benefit of Indenture. This Indenture is for the sole benefit of the Shipowner, the Indenture Trustee, the Holders from time to time of the Outstanding Obligations and (until the obligations to the Secretary shall have terminated as provided in Article XI) the Secretary.

Appears in 4 contracts

Samples: Assumption Agreement (Ambassadors International Inc), Pride International Inc, Trailer Bridge Inc

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