Common use of Disqualification of the Indenture Trustee Clause in Contracts

Disqualification of the Indenture Trustee. If the Indenture Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act of 1939, as amended, the Indenture Trustee shall either eliminate such interest or resign to the extent in the manner provided by and subject to the provisions of this Indenture.

Appears in 36 contracts

Samples: Indenture (Credit Acceptance Corp), Indenture (Credit Acceptance Corp), Credit Acceptance Corp

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Disqualification of the Indenture Trustee. If the Indenture Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act of 1939TIA, as amended, the Indenture Trustee shall either eliminate such interest or resign resign, to the extent and in the manner provided by and subject to to, the provisions of this Indenture.

Appears in 3 contracts

Samples: Bay View Securitization Corp, Bay View Deposit CORP, Bay View Transaction Corp

Disqualification of the Indenture Trustee. If the Indenture Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act of 1939, as amendedTIA, the Indenture Trustee shall either eliminate such interest or resign to the extent in the manner provided by and subject to the provisions of this Indenture.

Appears in 1 contract

Samples: United Fidelity Finance LLC

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Disqualification of the Indenture Trustee. If the Indenture Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act of 1939, as amendedAct, the Indenture Trustee shall either eliminate such interest or resign to the extent in the manner provided by and subject to the provisions of this Master Indenture.

Appears in 1 contract

Samples: Master Indenture (Nordstrom Inc)

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