Common use of Guarantee Trustee May File Proofs of Claim Clause in Contracts

Guarantee Trustee May File Proofs of Claim. Upon the occurrence of a Guarantee Event of Default, the Guarantee Trustee is hereby authorized to (a) recover judgment, in its own name and as trustee of an express trust, against the Guarantor for the whole amount of any Guarantee Payments remaining unpaid and (b) file such proofs of claim and other papers or documents as may be necessary or advisable in order to have its claims and those of the Holders of the Securities allowed in any judicial proceedings relative to the Guarantor, its creditors or its property.

Appears in 88 contracts

Samples: Guarantee Agreement (City National Corp), Guarantee Agreement (City National Capital Trust I), Guarantee Agreement (National City Corp)

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Guarantee Trustee May File Proofs of Claim. Upon the occurrence of a Guarantee an Event of Default, the Guarantee Trustee is hereby authorized to authorized, but shall not be obligated, to: (a) recover judgment, in its own name and as trustee of an express trust, against the Guarantor Company for the whole amount of any Guarantee Payments remaining unpaid and unpaid; and (b) file such proofs of claim and other papers or documents as may be necessary or advisable in order to have its claims and those of the Holders of the Securities allowed in any judicial proceedings relative to the GuarantorCompany, its creditors or its property.

Appears in 18 contracts

Samples: Guarantee Agreement (New York Community Bancorp Inc), Guarantee Agreement (New York Community Bancorp Inc), Guarantee Agreement (New York Community Capital Trust I)

Guarantee Trustee May File Proofs of Claim. Upon the occurrence of a Guarantee Event of Default, the Guarantee Trustee is hereby authorized to (ai) recover judgment, in its own name and as trustee of an express trust, against the Guarantor for the whole amount of any Guarantee Payments remaining unpaid and (bii) file such proofs of claim and other papers or documents as may be necessary or advisable in order to have its claims and those of the Holders of the Securities allowed in any judicial proceedings relative to the Guarantor, its creditors or its property.

Appears in 4 contracts

Samples: Guarantee Agreement (Old Kent Financial Corp /Mi/), Guarantee Agreement (Old Kent Financial Corp /Mi/), Guarantee Agreement (Old Kent Financial Corp /Mi/)

Guarantee Trustee May File Proofs of Claim. Upon the occurrence of a Guarantee an Event of Default, the Guarantee Trustee is hereby authorized to authorized, but shall not be obligated, to: (a) recover judgment, in its own name and as trustee of an express trust, against the Guarantor for the whole amount of any Guarantee Payments remaining unpaid and unpaid; and (b) file such proofs of claim and other papers or documents as may be necessary or advisable in order to have its claims and those of the Holders of the Securities allowed in any judicial proceedings relative to the Guarantor, its creditors or its property.

Appears in 4 contracts

Samples: Guarantee Agreement (Indymac Bancorp Inc), Guarantee Agreement (New York Community Bancorp Inc), Guarantee Agreement (Reinsurance Group of America Inc)

Guarantee Trustee May File Proofs of Claim. Upon the occurrence of a Guarantee Event of Default, the Guarantee Trustee is hereby authorized to (a) recover judgment, in its own name and as trustee of an express trust, against the Guarantor for the whole amount of any Guarantee Payments remaining unpaid and (b) file such proofs of claim and other papers or documents as may be necessary or advisable in order to have its claims and those of the Holders of the Securities allowed in any judicial proceedings relative to the Guarantor, its creditors or its property.

Appears in 2 contracts

Samples: Guarantee Agreement (Omnicom Capital Trust Iii), Guarantee Agreement (Disney Capital Trust I)

Guarantee Trustee May File Proofs of Claim. Upon the ------------------------------------------ occurrence of a Guarantee Event of Default, the Guarantee Trustee is hereby authorized to (a) recover judgment, in its own name and as trustee of an express trust, against the Guarantor for the whole amount of any Guarantee Payments remaining unpaid and (b) file such proofs of claim and other papers or documents as may be necessary or advisable in order to have its claims and those of the Holders of the Securities allowed in any judicial proceedings relative to the Guarantor, its creditors or its property.

Appears in 2 contracts

Samples: Guarantee Agreement (Auto Marketing Network Inc), Guarantee Agreement (Provident Capital Trust Iii)

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Guarantee Trustee May File Proofs of Claim. Upon the __________________________________________ occurrence of a Guarantee Event of Default, the Guarantee Trustee is hereby authorized to (a) recover judgment, in its own name and as trustee of an express trust, against the Guarantor for the whole amount of any Guarantee Payments remaining unpaid and (b) file such proofs of claim and other papers or documents as may be necessary or advisable in order to have its claims and those of the Holders of the Securities allowed in any judicial proceedings relative to the Guarantor, its creditors or its property.

Appears in 1 contract

Samples: Guarantee Agreement (Provident Capital Trust I)

Guarantee Trustee May File Proofs of Claim. Upon the ------------ ------------------------------------------ occurrence of a Guarantee Event of Default, the Guarantee Trustee is hereby authorized to (a) recover judgment, in its own name and as trustee of an express trust, against the Guarantor for the whole amount of any Guarantee Payments remaining unpaid and (b) file such proofs of claim and other papers or documents as may be necessary or advisable in order to have its claims and those of the Holders of the Securities allowed in any judicial proceedings relative to the Guarantor, its creditors or its property.

Appears in 1 contract

Samples: Guarantee Agreement (Chittenden Capital Trust I)

Guarantee Trustee May File Proofs of Claim. Upon the ------------------------------------------------- occurrence of a Guarantee Event of Default, the Guarantee Trustee is hereby authorized to (a) recover judgment, in its own name and as trustee of an express trust, against the Guarantor for the whole amount of any Guarantee Payments remaining unpaid and (b) file such proofs of claim and other papers or documents as may be necessary or advisable in order to have its claims and those of the Holders of the Securities allowed in any judicial proceedings relative to the Guarantor, its creditors or its property.

Appears in 1 contract

Samples: Guarantee Agreement (Keyspan Trust Iii)

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