Common use of Conflicting Interests of Trustee Clause in Contracts

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 181 contracts

Samples: Subordinated Indenture (Healthcare Realty Holdings, L.P.), Subordinated Indenture (Healthcare Realty Holdings, L.P.), Senior Indenture (Healthcare Realty Holdings, L.P.)

AutoNDA by SimpleDocs

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and of this Indenture.

Appears in 51 contracts

Samples: Indenture (MACOM Technology Solutions Holdings, Inc.), Indenture (Galaxy Digital Inc.), Indenture (Finance of America Companies Inc.)

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 42 contracts

Samples: Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.)

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Supplemental Indenture.

Appears in 11 contracts

Samples: Supplemental Indenture, Supplemental Indenture, Supplemental Indenture

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 6 contracts

Samples: Indenture (Northstar Realty Finance Corp.), Indenture (Northstar Realty Finance Corp.), Indenture (Northstar Realty)

Conflicting Interests of Trustee. If the Trustee has or shall -------------------------------- acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 5 contracts

Samples: Indenture (Level One Communications Inc /Ca/), Indenture (At Home Corp), Indenture (Premiere Technologies Inc)

Conflicting Interests of Trustee. If After qualification under -------------------------------- the Trust Indenture Act, if the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 3 contracts

Samples: Indenture (Tivo Inc), Indenture (E Trade Group Inc), Indenture (E Trade Group Inc)

Conflicting Interests of Trustee. If the Trustee has or -------------------------------- shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 3 contracts

Samples: Indenture (Park Electrochemical Corp), Indenture (Semtech Corp), Indenture (Viropharma Inc)

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of Section 310 of the Trust Indenture ActAct of 1939 (as in force at the date of this Indenture), the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 2 contracts

Samples: Indenture (Herbalife Nutrition Ltd.), Indenture (Herbalife Ltd.)

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of Section 310(b) of the Trust Indenture ActAct (as if the Trust Indenture Act were applicable hereto), the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and of this Indenture.

Appears in 2 contracts

Samples: Indenture (Cable One, Inc.), Indenture (Cable One, Inc.)

Conflicting Interests of Trustee. If In the event that the Trust Indenture Act is applicable hereto, the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture ActAct and there exists an Event of Default hereunder (exclusive of any period of grace or requirement of notice), the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tribune Co), Securities Purchase Agreement (Softkey International Inc)

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Actinterest, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and of this Indenture.

Appears in 2 contracts

Samples: Trust Indenture (First Responder Systems & Technology Inc.), Trust Indenture (First Responder Systems & Technology Inc.)

AutoNDA by SimpleDocs

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.the

Appears in 1 contract

Samples: Indenture (Conexant Systems Inc)

Conflicting Interests of Trustee. If the Trustee has or shall 2hall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 1 contract

Samples: Indenture (Cymer Inc)

Conflicting Interests of Trustee. If After qualification of this Indenture under the Trust Indenture Act, if the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 1 contract

Samples: Indenture (Maverick Tube Corporation)

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of Section 310(b) of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 1 contract

Samples: Indenture (Protalix BioTherapeutics, Inc.)

Conflicting Interests of Trustee. If the Trustee has or -------------------------------- shall acquire a conflicting interest within the meaning of the Trust Indenture Act, if required by the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 1 contract

Samples: Indenture (System Software Associates Inc)

Conflicting Interests of Trustee. If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture ActAct (as if the Trust Indenture Act were applicable hereto), the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and of this Indenture.

Appears in 1 contract

Samples: Indenture (Cinemark Holdings, Inc.)

Conflicting Interests of Trustee. If In the event that the Trust Indenture Act is applicable hereto, and if the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture ActAct Section 310(b), and there exists an Event of Default hereunder (exclusive of any period of grace or requirement of notice), the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

Appears in 1 contract

Samples: Indenture (Adaptec Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!