Common use of Conflicting Interests Clause in Contracts

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 42 contracts

Samples: First Supplemental Indenture (Graphic Packaging Holding Co), Indenture (Hd Supply, Inc.), Indenture (Avis Budget Group, Inc.)

AutoNDA by SimpleDocs

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 29 contracts

Samples: Indenture (Freeport McMoran Copper & Gold Inc), Indenture (McMoran Exploration Co /De/), Indenture (McMoran Exploration Co /De/)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the The Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Initial Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 19 contracts

Samples: Indenture (US Foods Holding Corp.), Indenture (US Foods Holding Corp.), Indenture (US Foods Holding Corp.)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC Commission for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Supplemental Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Supplemental Indenture with respect to Original Initial Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 7 contracts

Samples: Ninth Supplemental Indenture (Graphic Packaging Holding Co), Seventh Supplemental Indenture (Graphic Packaging Holding Co), Eighth Supplemental Indenture (Graphic Packaging Holding Co)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, then the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the The Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional the Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 4 contracts

Samples: Indenture (Hertz Corp), Indenture (Hertz Corp), Indenture (Hertz Corp)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional NotesSecurities, or a trustee under any other indenture between the Company and the Trustee.

Appears in 4 contracts

Samples: Indenture (Transocean RIGP DIN Opco LTD), Indenture (Sally Investment Holdings LLC), Indenture (Sally Investment Holdings LLC)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict conflict, or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the The Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional the Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 4 contracts

Samples: Indenture (Ambac Financial Group Inc), Indenture (Ambac Financial Group Inc), Indenture (Ambac Financial Group Inc)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company Issuers and the Trustee.

Appears in 3 contracts

Samples: Indenture (RSC Equipment Rental, Inc.), Indenture (RSC Equipment Rental, Inc.), Indenture (RSC Holdings Inc.)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and/or the Co-Issuer and the Trustee.

Appears in 3 contracts

Samples: Indenture (Sally Beauty Holdings, Inc.), Indenture (New Sally Holdings, Inc.), Indenture (New Sally Holdings, Inc.)

Conflicting Interests. If the Trustee has or shall --------------------- acquire a conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIAsuch Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 2 contracts

Samples: Indenture (Jafra Cosmetics International Sa De Cv), Indenture (Dynatech Corp)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC Commission for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA (to the extent this Indenture has been qualified by the TIA at such time) and this Indenture. To the extent permitted by the TIA, the The Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Initial Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 2 contracts

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

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict conflicting interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIAsuch Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 2 contracts

Samples: Loan Agreement (Sirva Inc), Indenture (Relocation Management Systems Inc)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, interest to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the The Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Initial Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 2 contracts

Samples: Indenture (Frontdoor, Inc.), Indenture (Servicemaster Global Holdings Inc)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the The Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Initial Notes and Additional Notes, or a trustee under any other indenture between the Company or any Issuer and the Trustee.

Appears in 2 contracts

Samples: Indenture (Univar Solutions Inc.), Indenture (Univar Inc.)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such conflicting interest, apply to the SEC for permission to continue as Trustee with such conflict conflicting interest, or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIAsuch Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 2 contracts

Samples: Indenture (Thermadyne MFG LLC), Indenture (Viasystems Group Inc)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC Commission for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Supplemental Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Supplemental Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 1 contract

Samples: Second Supplemental Indenture (Graphic Packaging Holding Co)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such conflicting interest, apply to the SEC for permission to continue as Trustee with such conflict conflicting interest, or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIAsuch Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Us Office Products Co)

AutoNDA by SimpleDocs

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the The Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Initial Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Lannett Co Inc)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company Issuer and the Trustee.

Appears in 1 contract

Samples: Indenture (American Seafoods Corp)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Initial Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Avis Budget Group, Inc.)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict (if this Indenture is then qualified under the TIA) or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Hd Supply, Inc.)

Conflicting Interests. If the Trustee has or shall acquire a --------------------- conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIAsuch Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Avalon Rehabilitation & Healthcare LLC)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such conflicting interest, apply to the SEC for permission to continue as Trustee with such conflict conflicting interest, or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIAsuch Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company Issuers and the Trustee.

Appears in 1 contract

Samples: Indenture (Triarc Companies Inc)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIAsuch Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Atlantic Health Group Inc)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between or among the Company Company, the Issuers or any of their Affiliates and the Trustee.

Appears in 1 contract

Samples: Indenture (Consolidated Communications Texas Holdings, Inc.)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict conflict, or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the The Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Initial Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Hertz Global Holdings Inc)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall either eliminate such interest, apply to the SEC for permission to continue as Trustee with such conflict interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Notes and Additional Notes, or a trustee under any other indenture between the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Dirsamex Sa De Cv)

Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of the TIA, the Trustee shall eliminate such interest, apply to the SEC for permission to continue as Trustee (if this Indenture has been qualified under TIA) with such conflict conflict, or resign, to the extent and in the manner provided by, and subject to the provisions of, the TIA and this Indenture. To the extent permitted by the TIA, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Original Initial Notes and Additional Notes, or a trustee under any other indenture between the Company and/or the Co-Issuer and the Trustee.

Appears in 1 contract

Samples: Indenture (Sally Beauty Holdings, Inc.)

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