Common use of Exercise of Rights of Trustee and Noteholders Not To Be Hindered or Delayed Clause in Contracts

Exercise of Rights of Trustee and Noteholders Not To Be Hindered or Delayed. Nothing in this Article IX contained shall be deemed or construed to authorize or permit, by reason of any call of a meeting of Noteholders or any rights expressly or impliedly conferred hereunder to make such call, any hindrance or delay in the exercise of any right or rights conferred upon or reserved to the Trustee or to the Noteholders under any of the provisions of this Indenture or of the Notes.

Appears in 4 contracts

Samples: Indenture (Computer Network Technology Corp), Indenture (Adaptec Inc), Indenture (Netbank Inc)

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Exercise of Rights of Trustee and Noteholders Not To Be Hindered or Delayed. Nothing in this Article IX contained shall be deemed or construed to authorize or permit, by reason of any call of a meeting of Noteholders or any rights expressly or impliedly conferred hereunder to make such call, any hindrance hinderance or delay in the exercise of any right or rights conferred upon or reserved to the Trustee or to the Noteholders under any of the provisions of this Indenture or of the Notes.

Appears in 3 contracts

Samples: Royal Aloha Development Co, Royal Aloha Development Co, Penn Treaty American Corp

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Exercise of Rights of Trustee and Noteholders Not To Be Hindered or Delayed. Nothing in this Article IX X contained shall be deemed or construed to authorize or permit, by reason of any call of a meeting of Noteholders or any rights expressly or impliedly conferred hereunder to make such call, any hindrance or delay in the exercise of any right or rights conferred upon or reserved to the Trustee or to the Noteholders under any of the provisions of this Indenture or of the Notes.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Softkey International Inc), Securities Purchase Agreement (Tribune Co)

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