Common use of Disqualification; Conflicting Interests Clause in Contracts

Disqualification; Conflicting Interests. (a) If the Trustee has or shall acquire any conflicting interest, as defined in this Section, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.

Appears in 35 contracts

Samples: Indenture (Aviall Services Inc), Indenture (Aviall Services Inc), Indenture (Key Energy Services Inc)

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Disqualification; Conflicting Interests. (a) If the Trustee has or shall acquire any conflicting interest, as defined in this SectionSection 608, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.

Appears in 12 contracts

Samples: Indenture (Iveda Solutions, Inc.), Esports Entertainment (Esports Entertainment Group, Inc.), Indenture (Creatd, Inc.)

Disqualification; Conflicting Interests. (a) If the Trustee has or shall acquire any conflicting interest, as defined in this SectionSection 608, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this ArticleArticle Six.

Appears in 10 contracts

Samples: Indenture (Noble Drilling Corp), Pennzoil Quaker State Co, Noble Corp

Disqualification; Conflicting Interests. (a) If the Trustee has or shall acquire any conflicting interest, as defined in this Section, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.

Appears in 5 contracts

Samples: Indenture (Maxtor Corp), Indenture (Boise Cascade Trust Iii), Trust Indenture Agreement (SFG Mortgage & Investment Co Inc)

Disqualification; Conflicting Interests. (a) If the Trustee has or shall acquire any conflicting interest, as defined in this SectionSection 6.08, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such that conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this ArticleArticle VI.

Appears in 4 contracts

Samples: Indenture (Innovative Valve Technologies Inc), American Residential Services Inc, American Residential Services Inc

Disqualification; Conflicting Interests. (a) If the Trustee has or shall acquire any conflicting interest, as defined in this Section, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.. 44

Appears in 2 contracts

Samples: Key Energy Services Inc, Key Energy Services Inc

Disqualification; Conflicting Interests. (a) If the Trustee has or shall acquire any conflicting interest, as defined in this SectionSection 6.08, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.

Appears in 2 contracts

Samples: Indenture (Primero Gas Marketing Co Inc), Primero Gas Marketing Co Inc

Disqualification; Conflicting Interests. (a) If the Trustee has or shall acquire any conflicting interest, as defined in this SectionSection 6.08, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such that conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.Article VI. 24

Appears in 1 contract

Samples: Magnum Hunter Resources Inc

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Disqualification; Conflicting Interests. (a) If the Trustee has or shall acquire any conflicting interest, as defined in this Section, with respect to the Securities of any series, it shall, within 90 days after ascertaining 57 that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.

Appears in 1 contract

Samples: Key Energy Services Inc

Disqualification; Conflicting Interests. (a) If the ---------------------------------------- Trustee has or shall acquire any conflicting interest, as defined in this Section, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.

Appears in 1 contract

Samples: Indenture (National Service Industries Inc)

Disqualification; Conflicting Interests. (a) If the --------------------------------------- Trustee has or shall acquire any conflicting interest, as defined in this Section, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.

Appears in 1 contract

Samples: United Technologies Corp /De/

Disqualification; Conflicting Interests. (a) If a)If the Trustee has or shall acquire any conflicting interest, as defined in this SectionSection 608, with respect to the Securities of any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.

Appears in 1 contract

Samples: Indenture (Duos Technologies Group, Inc.)

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