Common use of Equality and conflicts of interest Clause in Contracts

Equality and conflicts of interest. (a) The Bond Trustee shall not make decisions which will give certain Bondholders an unreasonable advantage at the expense of other Bondholders. The Bond Trustee shall, when acting pursuant to the Finance Documents, act with regard only to the interests of the Bondholders and shall not be required to have regard to the interests or to act upon or comply with any direction or request of any other person, other than as explicitly stated in the Finance Documents.

Appears in 7 contracts

Samples: Covered Bond Agreement, And Restatement Agreement, Covered Bond Agreement

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Equality and conflicts of interest. (a) 7.3.1. The Bond Trustee shall not make decisions which will give certain Bondholders an unreasonable advantage at the expense of other Bondholders. The Bond Trustee shall, when acting pursuant to the Finance Documents, act with regard only to the interests of the Bondholders and shall not be required to have regard to the interests or to act upon or comply with any direction or request of any other person, other than as explicitly stated in the Finance Documents.

Appears in 1 contract

Samples: Amendment and Restatement Agreement

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