Common use of Collection of Indebtedness and Suits for Enforcement by the Trustee Clause in Contracts

Collection of Indebtedness and Suits for Enforcement by the Trustee. With respect to the Senior Non Preferred Notes only, Section 5.03 of the Base Indenture is amended in part to add the following sentences at the end of the section: No remedy against the Company other than as referred to in this Article 5 shall be available to the Holders, whether for the recovery of amounts owing to the Holders in respect of the Senior Non Preferred Debt Securities or under this Senior Non Preferred Debt Securities Indenture or in respect of any breach by the Company of any of its other obligations under or in respect of the Senior Non Preferred Debt Securities or under this Senior Non Preferred Debt Securities Indenture, except that the Holders shall have such rights and powers as they are required to have under the Trust Indenture Act.

Appears in 7 contracts

Samples: Fifth Supplemental Indenture (Banco Santander, S.A.), Fourth Supplemental Indenture (Banco Santander, S.A.), Third Supplemental Indenture (Banco Santander, S.A.)

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