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 TIA, 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 TIA and this Indenture.

Appears in 12 contracts

Samples: Indenture (Digital Realty Trust, L.P.), Indenture (Transwitch Corp /De), Indenture (Transwitch Corp /De)

AutoNDA by SimpleDocs

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

Appears in 4 contracts

Samples: Indenture (Internet Capital Group Inc), Indenture (Triquint Semiconductor Inc), Indenture (Internet Capital Group Inc)

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