Common use of Duties and Responsibilities of the Trustee Clause in Contracts

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 Section 5.03. Property Held by Trustee 31 Section 5.04. Reports by the Trustee to Holders 31 Section 5.05. Certain Rights of the Trustee 31 Section 5.06. Trustee and Agents May Hold Securities; Collections, etc 33 Section 5.07. Compensation and Indemnification of Trustee and Its Prior Claim 33 Section 5.08. Right of Trustee to Rely on Officer’s Certificate, etc 34 Section 5.09. Disqualification; Conflicting Interests 34 Section 5.10. Persons Eligible for Appointment as Trustee 34 Section 5.11. Resignation and Removal; Appointment of Successor Trustee 34 Section 5.12. Acceptance of Appointment by Successor 36 Section 5.13. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 Section 5.14. Preferential Collection of Claims Against the Issuer 37 Section 5.15. Trustee’s Disclaimer 37

Appears in 2 contracts

Samples: Indenture (Affymetrix Inc), Indenture (Affymetrix Inc)

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Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 34 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 35 Section 5.03. Property Moneys Held by Trustee 31 35 Section 5.04. Reports by the Trustee to Holders 31 35 Section 5.05. Certain Rights of the Trustee 31 35 Section 5.06. Trustee and Agents May Hold Securities; Collections, etc 33 etc. 37 Section 5.07. Compensation and Indemnification of Trustee and Its Prior Claim 33 37 Section 5.08. Right of Trustee to Rely on Officer’s Certificate, etc 34 etc. 38 Section 5.09. Disqualification; Conflicting Interests 34 38 Section 5.10. Persons Eligible for Appointment as Trustee 34 38 Section 5.11. Resignation and Removal; Appointment of Successor Trustee 34 38 Section 5.12. Acceptance of Appointment by Successor 36 40 Section 5.13. Merger, Conversion, Consolidation or Succession to Business of Businessof Trustee 37 41 Section 5.14. Preferential Collection of Claims Against the Issuer 37 41 Section 5.15. Trustee’s Disclaimer 3741

Appears in 1 contract

Samples: Indenture (Adobe Systems Inc)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 36 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 37 Section 5.03. Property Moneys Held by Trustee 31 37 Section 5.04. Reports by the Trustee to Holders 31 37 Section 5.05. Certain Rights of the Trustee 31 37 Section 5.06. Trustee and Agents May Hold Securities; Collections, etc 33 39 Section 5.07. Compensation and Indemnification of Trustee and Its Prior Claim 33 39 Section 5.08. Right of Trustee to Rely on Officer’s Certificate, etc 34 40 Section 5.09. Disqualification; Conflicting Interests 34 40 Section 5.10. Persons Eligible for Appointment as Trustee 34 40 Section 5.11. Resignation and Removal; Appointment of Successor Trustee 34 41 Section 5.12. Acceptance of Appointment by Successor 36 42 Section 5.13. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 43 Section 5.14. Preferential Collection of Claims Against the Issuer 37 43 Section 5.15. Trustee’s Disclaimer 3744

Appears in 1 contract

Samples: Indenture (Intuit Inc)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 33 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 Section 5.03. Property Held by Trustee 31 Section 5.04. Reports by the Trustee to Holders 31 Section 5.05. Certain Rights of the Trustee 31 34 Section 5.065.03. Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof 35 Section 5.04. Trustee and Agents May Hold Securities; Collections, etc 33 Etc 35 Section 5.075.05. Moneys Held by Trustee 36 Section 5.06. Compensation and Indemnification of Trustee and Its Prior Claim 33 36 Section 5.085.07. Right of Trustee to Rely on Officer’s Officers’ Certificate, etc 34 Etc 36 Section 5.09. Disqualification; Conflicting Interests 34 Section 5.105.08. Persons Eligible for Appointment as Trustee 34 37 Section 5.115.09. Resignation and Removal; Appointment of Successor Trustee 34 37 Section 5.125.10. Acceptance of Appointment by Successor 36 Trustee 38 Section 5.135.11. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 39 Section 5.145.12. Preferential Collection of Claims Against the Issuer 37 Section 5.15. Trustee’s Disclaimer 3740 CONCERNING THE SECURITYHOLDERS

Appears in 1 contract

Samples: Indenture (Murphy Oil Corp /De)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 34 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 35 Section 5.03. Property Moneys Held by Trustee 31 35 Section 5.04. Reports by the Trustee to Holders 31 35 Section 5.05. Certain Rights of the Trustee 31 35 Section 5.06. Trustee and Agents May Hold Securities; Collections, etc 33 etc. 37 Section 5.07. Compensation and Indemnification of Trustee and Its Prior Claim 33 37 Section 5.08. Right of Trustee to Rely on Officer’s Certificate, etc 34 etc. 38 Section 5.09. Disqualification; Conflicting Interests 34 38 Section 5.10. Persons Eligible for Appointment as Trustee 34 38 Section 5.11. Resignation and Removal; Appointment of Successor Trustee 34 38 Section 5.12. Acceptance of Appointment by Successor 36 40 Section 5.13. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 41 Section 5.14. Preferential Collection of Claims Against the Issuer 37 41 Section 5.15. Trustee’s Disclaimer 3741

Appears in 1 contract

Samples: Indenture (Adobe Systems Inc)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default36 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 Section 5.03. Property Held by Trustee 31 Section 5.04. Reports by the Trustee to Holders 31 Section 5.05. Certain Rights of the Trustee 31 38 Section 5.065.03. Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof 40 Section 5.04. Trustee and Agents May Hold Securities; Collections, etc 33 40 Section 5.075.05. Moneys Held by Trustee 40 Section 5.06. Compensation and Indemnification of Trustee and Its Prior Claim 33 40 Section 5.085.07. Right of Trustee to Rely on Officer’s Officers’ Certificate, etc 34 41 Section 5.09. Disqualification; Conflicting Interests 34 Section 5.105.08. Persons Eligible for Appointment as Trustee 34 41 Section 5.115.09. Resignation and Removal; Appointment of Successor Trustee 34 42 Section 5.125.10. Acceptance of Appointment by Successor 36 43 Section 5.135.11. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 44 Section 5.145.12. Preferential Collection Reports to the Trustee 44 Section 6.01. Evidence of Claims Against the Issuer 37 Section 5.15. Trustee’s Disclaimer 37Action Taken by Securityholders 45

Appears in 1 contract

Samples: Indenture (Comcast Cable Communications Inc)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 63 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 Section 5.03. Property Held by Trustee 31 Section 5.04. Reports by the Trustee to Holders 31 Section 5.05. Certain Rights of the Trustee 31 64 Section 5.065.03. Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof 67 Section 5.04. Trustee and Agents May Hold Securities; Collections, etc 33 Etc 67 Section 5.075.05. Moneys Held by Trustee 67 Section 5.06. Compensation and Indemnification of Trustee and Its its Prior Claim 33 68 Section 5.085.07. Right of Trustee to Rely on Officer’s Officers’ Certificate, etc 34 Etc 69 Section 5.09. Disqualification; Conflicting Interests 34 Section 5.105.08. Persons Eligible for Appointment as Trustee 34 69 Section 5.115.09. Resignation and Removal; Appointment of Successor Trustee 34 70 Section 5.125.10. Acceptance of Appointment by Successor 36 Trustee 71 Section 5.135.11. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 72 Article 6 Concerning The Securityholders Section 5.146.01. Preferential Collection Evidence of Claims Against the Issuer 37 Action Taken by Securityholders 73 Section 5.156.02. Trustee’s Disclaimer 37Proof of Execution of Instruments and of Holding of Securities; Record Date 73 Section 6.03. Holders to be Treated as Owners 73

Appears in 1 contract

Samples: Indenture (Smith & Nephew PLC)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 29 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 Section 5.03. Property Held by Trustee 31 Section 5.04. Reports by the Trustee to Holders 31 Section 5.05. Certain Rights of the Trustee 31 Section 5.065.03. Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof 32 Section 5.04. Trustee and Agents May Hold Securities; Collections, etc 33 32 Section 5.075.05. Moneys Held by Trustee 32 Section 5.06. Compensation and Indemnification of Trustee and Its Prior Claim 33 32 Section 5.085.07. Right of Trustee to Rely on Officer’s Officers’ Certificate, etc 34 33 Section 5.09. Disqualification; Conflicting Interests 34 Section 5.105.08. Persons Eligible for Appointment as Trustee 34 33 Section 5.115.09. Resignation and Removal; Appointment of Successor Trustee 34 33 Section 5.125.10. Acceptance of Appointment by Successor 36 35 Section 5.135.11. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 35 Section 5.145.12. Preferential Collection of Claims Against Reports to the Issuer 37 Section 5.15. Trustee’s Disclaimer 37Trustee 36

Appears in 1 contract

Samples: Indenture (Comcast Corp)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 32 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 32 Section 5.03. Property Moneys Held by Trustee 31 32 Section 5.04. Reports by the Trustee to Holders 31 33 Section 5.05. Certain Rights of the Trustee 31 33 Section 5.06. Trustee and Agents May Hold Securities; Collections, etc 33 etc. 34 Section 5.07. Compensation and Indemnification of Trustee and Its Prior Claim 33 34 Section 5.08. Right of Trustee to Rely on Officer’s Officers’ Certificate, etc 34 etc. 35 Section 5.09. Disqualification; Conflicting Interests 34 35 Section 5.10. Persons Eligible for Appointment as Trustee 34 36 Section 5.11. Resignation and Removal; Appointment of Successor Trustee 34 36 Section 5.12. Acceptance of Appointment by Successor 36 37 Section 5.13. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 38 Section 5.14. Preferential Collection of Claims Against the Issuer 37 39 Section 5.15. Trustee’s Disclaimer 3739

Appears in 1 contract

Samples: Indenture (Everett SpinCo, Inc.)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 21 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 Section 5.03. Property Held by Trustee 31 Section 5.04. Reports by the Trustee to Holders 31 Section 5.05. 5.02 Certain Rights of the Trustee 31 21 Section 5.06. 5.03 Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof 23 Section 5.04 Trustee and Agents May Hold Securities; Collections, etc 33 etc. 23 Section 5.07. 5.05 Moneys Held by Trustee 23 Section 5.06 Compensation and Indemnification of Trustee and Its its Prior Claim 33 23 Section 5.08. 5.07 Right of Trustee to Rely on Officer’s Certificate, etc 34 etc. 23 Section 5.09. Disqualification; Conflicting Interests 34 Section 5.10. 5.08 Persons Eligible for Appointment as Trustee 34 24 Section 5.11. 5.09 Resignation and Removal; Appointment of Successor Trustee 34 24 Section 5.12. 5.10 Acceptance of Appointment by By Successor 36 Trustee 25 Section 5.13. 5.11 Merger, Conversion, Consolidation or Succession to Business of Trustee 37 25 Section 5.14. Preferential Collection 5.12 Conflicting Interests 26 Section 5.13 Appointment of Claims Against the Issuer 37 Section 5.15. Trustee’s Disclaimer 37Authenticating Agent 26

Appears in 1 contract

Samples: Senior Indenture (Orix Corp)

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Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 38 Section 5.025.02 . Trustee’s Obligations with Respect to the Covenants 30 39 Section 5.035.03 . Property Moneys Held by Trustee 31 39 Section 5.045.04 . Reports by the Trustee to Holders 31 39 Section 5.055.05 . Certain Rights of the Trustee 31 40 Section 5.065.06 . Trustee and Agents May Hold Securities; Collections, etc 33 42 Section 5.075.07 . Compensation and Indemnification of Trustee and Its Prior Claim 33 42 Section 5.085.08 . Right of Trustee to Rely on Officer’s Certificate, etc 34 43 Section 5.095.09 . Disqualification; Conflicting Interests 34 44 Section 5.105.10 . Persons Eligible for Appointment as Trustee 34 44 Section 5.115.11 . Resignation and Removal; Appointment of Successor Trustee 34 44 Section 5.125.12 . Acceptance of Appointment by Successor 36 45 Section 5.135.13 . Merger, Conversion, Consolidation or Succession to Business of Trustee 37 46 Section 5.145.14 . Preferential Collection of Claims Against the Issuer 37 47 Section 5.155.15 . Trustee’s Disclaimer 3747 ARTICLE 6 Concerning the Holders

Appears in 1 contract

Samples: Indenture (Workday, Inc.)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 31 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 32 Section 5.03. Property Held by Trustee 31 32 Section 5.04. Reports by the Trustee to Holders 31 32 Section 5.05. Certain Rights of the Trustee 31 32 Section 5.06. Trustee and Agents May Hold Securities; Collections, etc 33 34 Section 5.07. Compensation and Indemnification of Trustee and Its Prior Claim 33 34 Section 5.08. Right of Trustee to Rely on Officer’s Certificate, etc 34 35 Section 5.09. Disqualification; Conflicting Interests 34 Interests. 35 Section 5.10. Persons Eligible for Appointment as Trustee 34 35 Section 5.11. Resignation and Removal; Appointment of Successor Trustee 34 36 Section 5.12. Acceptance of Appointment by Successor 36 37 Section 5.13. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 38 Section 5.14. Preferential Collection of Claims Against the Issuer 37 Issuer. 38 Section 5.15. Trustee’s Disclaimer 3738

Appears in 1 contract

Samples: Subordinated Indenture (Affymetrix Inc)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 34 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 34 Section 5.03. Property Moneys Held by Trustee 31 35 Section 5.04. Reports by the Trustee to Holders 31 35 Section 5.05. Certain Rights of the Trustee 31 35 Section 5.06. Trustee and Agents May Hold Securities; Collections, etc 33 etc. 37 Section 5.07. Compensation and Indemnification of Trustee and Its Prior Claim 33 37 Section 5.08. Right of Trustee to Rely on Officer’s Certificate, etc 34 etc. 38 Section 5.09. Disqualification; Conflicting Interests 34 38 Section 5.10. Persons Eligible for Appointment as Trustee 34 38 Section 5.11. Resignation and Removal; Appointment of Successor Trustee 34 38 Section 5.12. Acceptance of Appointment by Successor 36 39 Section 5.13. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 40 Section 5.14. Preferential Collection of Claims Against the Issuer 37 41 Section 5.15. Trustee’s Disclaimer 3741

Appears in 1 contract

Samples: Indenture (Roper Industries Inc)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 31 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 Section 5.03. Property Held by Trustee 31 Section 5.04. Reports by the Trustee to Holders 31 Section 5.05. Certain Rights of the Trustee 31 32 Section 5.065.03. Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof. 34 Section 5.04. Trustee and Agents May Hold Securities; Collections, etc 33 etc. 34 Section 5.075.05. Moneys Held by Trustee 34 Section 5.06. Compensation and Indemnification of Trustee and Its its Prior Claim 33 35 Section 5.085.07. Right of Trustee to Rely on Officer’s Certificate, etc 34 36 Section 5.09. Disqualification; Conflicting Interests 34 Section 5.105.08. Persons Eligible for Appointment as Trustee 34 36 Section 5.115.09. Resignation and Removal; Appointment of Successor Trustee 34 36 Section 5.125.10. Acceptance of Appointment by Successor 36 Trustee 37 Section 5.135.11. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 39 Section 5.12. Conflicting Interests 39 Section 5.13. Appointment of Authenticating Agent 39 Section 5.14. Preferential Collection of Claims Against Reports by the Issuer 37 Section 5.15. Trustee’s Disclaimer 37Trustee 41 CONCERNING THE SECURITYHOLDERS

Appears in 1 contract

Samples: Senior Indenture (Mizuho Financial Group Inc)

Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Default 33 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 33 Section 5.03. Property Moneys Held by Trustee 31 34 Section 5.04. Reports by the Trustee to Holders 31 34 Section 5.05. Certain Rights of the Trustee 31 34 Section 5.06. Trustee and Agents May Hold Securities; Collections, etc 33 36 Section 5.07. Compensation and Indemnification of Trustee and Its Prior Claim 33 36 Section 5.08. Right of Trustee to Rely on Officer’s Certificate, etc 34 37 Section 5.09. Disqualification; Conflicting Interests 34 37 Section 5.10. Persons Eligible for Appointment as Trustee 34 37 Section 5.11. Resignation and Removal; Appointment of Successor Trustee 34 37 Section 5.12. Acceptance of Appointment by Successor 36 39 Section 5.13. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 40 Section 5.14. Preferential Collection of Claims Against the Issuer 37 40 Section 5.15. Trustee’s Disclaimer 3740

Appears in 1 contract

Samples: Indenture (NBCUniversal Media, LLC)

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