Common use of Departmentalism Clause in Contracts

Departmentalism. In acting as a Notes Trustee, each Notes Trustee shall be treated as acting through its agency division which shall be treated as a separate entity from its other divisions and departments. Any information received or acquired by a Notes Trustee which, in its opinion, is received or acquired by some other division or department or otherwise than in its capacity as a Notes Trustee may be treated as confidential by that Notes Trustee and will not be treated as information possessed by that Notes Trustee in its capacity as such.

Appears in 3 contracts

Samples: Agreement (Liberty Global PLC), Agreement (Liberty Global PLC), Agreement (Liberty Global PLC)

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Departmentalism. In acting as a Notes Trustee, each Notes Trustee shall be treated as acting through its agency division division, which shall be treated as a separate entity from its other divisions and departments. Any information received or acquired by a Notes Trustee which, in its opinion, is received or acquired by some other division or department or otherwise than in its capacity as a Notes Trustee may be treated as confidential by that such Notes Trustee and will not be treated as information possessed by that a Notes Trustee in its capacity as such.

Appears in 3 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)

Departmentalism. In acting as a the Notes Trustee, each the Notes Trustee shall be treated as acting through its agency division which shall be treated as a separate entity from its other divisions and departments. Any information received or acquired by a the Notes Trustee which, in its opinion, is received or acquired by some other division or department or otherwise than in its capacity as a the Notes Trustee may be treated as confidential by that the Notes Trustee and will not be treated as information possessed by that the Notes Trustee in its capacity as such.

Appears in 2 contracts

Samples: Intercreditor Agreement (B Communications LTD), Intercreditor Agreement (Internet Gold Golden Lines LTD)

Departmentalism. In acting as a Notes Trustee, each Notes Trustee shall be treated as acting through its agency division which shall be treated as a separate entity from its other divisions and departments. Any information received or acquired by a Notes Trustee which, in its 253 opinion, is received or acquired by some other division or department or otherwise than in its capacity as a Notes Trustee may be treated as confidential by that Notes Trustee and will not be treated as information possessed by that Notes Trustee in its capacity as such.

Appears in 2 contracts

Samples: Agreement (Liberty Global PLC), Agreement (Liberty Global PLC)

Departmentalism. In acting as a Notes Trustee, each Notes Trustee shall be treated as acting through its agency division which shall be treated as a separate entity from its other divisions and departments. Any information received or acquired by a Notes Trustee which, in its opinion, is received or acquired by some other division or department or otherwise than in its capacity as a Notes Trustee may be treated as confidential by that such Notes Trustee and will not be treated as information possessed by that a Notes Trustee in its capacity as such.

Appears in 1 contract

Samples: Intercreditor Agreement

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Departmentalism. In acting as a the Notes Trustee, each Notes Trustee shall be treated as acting through its agency division which shall be treated as a separate entity from its other divisions and departments. Any information received or acquired by a Notes Trustee which, in its opinion, is received or acquired by some other division or department or otherwise than in its capacity as a the Notes Trustee may be treated as confidential by that the Notes Trustee and will not be treated as information possessed by that the Notes Trustee in its capacity as such.

Appears in 1 contract

Samples: Intercreditor Agreement (Amc Entertainment Holdings, Inc.)

Departmentalism. In acting as a Notes Trustee, each Notes Trustee shall be treated as acting through its agency division which shall be treated as a separate entity from its other divisions and departments. Any information received or acquired by a Notes Trustee which, in its opinion, is received or acquired by some other division or department or otherwise than in its capacity as a Notes Trustee may be treated as confidential by that Notes Trustee and will not be treated as information possessed by that Notes Trustee in its capacity as such.. 232 84894163_20

Appears in 1 contract

Samples: Intercreditor Agreement (Liberty Global PLC)

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