Common use of Collection Suit by the Trustee Clause in Contracts

Collection Suit by the Trustee. If an Event of Default described in Section 6.01(1) hereof occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or any obligor on the Debentures for the whole amount owing with respect to the Debentures and the amounts provided for in Section 7.07 hereof.

Appears in 18 contracts

Samples: Junior Indenture (Heco Capital Trust I), Pseg Funding Trust Ii, Heco Capital Trust I

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Collection Suit by the Trustee. If an Event of Default described in Section 6.01(1) hereof occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or any obligor on the Debentures for the whole amount owing with respect to the Debentures and the amounts provided for in Section 7.07 hereof7.07.

Appears in 5 contracts

Samples: Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Maui Electric Co LTD), Junior Indenture (Maui Electric Co LTD)

Collection Suit by the Trustee. If an Event of Default described in Section 6.01(16.01(a) hereof occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or any obligor on the Debentures Securities for the whole amount owing with respect to the Debentures Securities and the amounts provided for in Section 7.07 hereof.

Appears in 4 contracts

Samples: Indenture (Metropolitan Edison Co), Indenture (Penelec Capital Trust), Indenture (Pennsylvania Electric Co)

Collection Suit by the Trustee. If an Event of Default ------------------------------- described in Section 6.01(1) hereof occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or any obligor on the Debentures for the whole amount owing with respect to the Debentures and the amounts provided for in Section 7.07 hereof.

Appears in 1 contract

Samples: SJG Capital Trust

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Collection Suit by the Trustee. If an Event of Default described in Section 6.01(1) hereof occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or any obligor on the Debentures for the whole amount owing with respect to the Debentures and the amounts provided for in Section 7.07 6.07 hereof.

Appears in 1 contract

Samples: Peco Energy Co

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