Common use of Disqualification; Conflicting Interest Clause in Contracts

Disqualification; Conflicting Interest. 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 11 contracts

Samples: Indenture (R H Donnelley Corp), Indenture (Rite Aid Corp), Indenture (Rite Aid Corp)

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Disqualification; Conflicting Interest. If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall 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 (Fleetwood Enterprises Inc/De/)

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