Common use of Exercise of Rights of Trustee or Securityholders May Not Be Hindered or Delayed by Call of Meeting Clause in Contracts

Exercise of Rights of Trustee or Securityholders May Not Be Hindered or Delayed by Call of Meeting. Nothing contained in this Article Eleven shall be deemed or construed to authorize or permit, by reason of any call of a meeting of Securityholders 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 Securityholders under any of the provisions of this Indenture or of the Senior Subordinated Notes. ARTICLE TWELVE GUARANTEE OF SENIOR SUBORDINATED NOTES

Appears in 2 contracts

Samples: Indenture (Trism Inc /De/), Indenture (Trism Inc /De/)

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Exercise of Rights of Trustee or Securityholders May Not Be Hindered or Delayed by Call of Meeting. Nothing contained in this Article Eleven shall be deemed or construed to authorize or permit, permit by reason of any call of a meeting of Securityholders 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 Securityholders under any of the provisions of this Indenture or of the Senior Subordinated Notes. ARTICLE TWELVE GUARANTEE OF SENIOR SUBORDINATED NOTESSecurities.

Appears in 1 contract

Samples: Pledge and Security Agreement (Brooke Group LTD)

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Exercise of Rights of Trustee or Securityholders May Not Be Hindered or Delayed by Call of Meeting. Nothing contained in this Article Eleven Ten shall be deemed or construed to authorize or permit, by reason of any call of a meeting of Securityholders 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 Securityholders under any of the provisions of this Indenture or of the Senior Subordinated NotesSecurities. ARTICLE TWELVE GUARANTEE OF SENIOR SUBORDINATED NOTESELEVEN SUBORDINATION

Appears in 1 contract

Samples: Covenants (Duane Reade Inc)

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