Common use of HOLDERS’ LISTS AND REPORTS BY THE TRUSTEE Clause in Contracts

HOLDERS’ LISTS AND REPORTS BY THE TRUSTEE. Section 5.01. Company and Guarantor to Furnish Trustee Information as to Names and Addresses of Holders; Preservation of Information. The Company and the Guarantor covenant and agree that they will furnish or cause to be furnished to the Trustee with respect to the Registered Securities of each series: (a) not more than 15 days after each record date with respect to the payment of interest, if any, a list, in such form as the Trustee may reasonably require, of the names and addresses of the Registered Holders as of such record date, and (b) at such other times as the Trustee may request in writing, within 30 days after the receipt by the Company or the Guarantor of any such request, a list of similar form and contents as of a date not more than 15 days prior to the time such list is furnished; provided, however, that so long as the Trustee shall be the Registrar, such lists shall not be required to be furnished. The Company and the Guarantor shall also be required to furnish to the Trustee at all such times set forth above all information in the possession or control of the Company or the Guarantor or any of its paying agents other than the Trustee as to the names and addresses of the Bearer Holders of all series; provided, however, that the Company and the Guarantor shall have no obligation to investigate any matter relating to any Bearer Holders. The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the Holders (i) contained in the most recent list furnished to it as provided in this Section 5.01 or (ii) received by it in the capacity of paying agent or Registrar (if so acting) hereunder. The Trustee may destroy any list furnished to it as provided in this Section 5.01 upon receipt of a new list so furnished.

Appears in 2 contracts

Samples: Indenture (Warren Resources of California Inc), Indenture (Warren Resources of California Inc)

AutoNDA by SimpleDocs

HOLDERS’ LISTS AND REPORTS BY THE TRUSTEE. Section 5.01. Company and Guarantor to Furnish Trustee Information as to Names and Addresses of Holders; Preservation of Information. The Company covenants and the Guarantor covenant and agree agrees that they it will furnish or cause to be furnished to the Trustee with respect to the Registered Securities of each series: (a) not more than 15 days after each record date with respect to the payment of interest, if any, a list, in such form as the Trustee may reasonably require, of the names and addresses of the Registered Holders as of such record date, and (b) at such other times as the Trustee may request in writing, within 30 days after the receipt by the Company or the Guarantor of any such request, a list of similar form and contents as of a date not more than 15 days prior to the time such list is furnished; provided, however, that so long as the Trustee shall be the Registrar, such lists shall not be required to be furnished. The Company and the Guarantor shall also be required to furnish to the Trustee at all such times set forth above all information in the possession or control of the Company or the Guarantor or any of its paying agents other than the Trustee as to the names and addresses of the Bearer Holders of all series; provided, however, that the Company and the Guarantor shall have no obligation to investigate any matter relating to any Bearer Holders. The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the Holders (i) contained in the most recent list furnished to it as provided in this Section 5.01 or (ii) received by it in the capacity of paying agent or Registrar (if so acting) hereunder. The Trustee may destroy any list furnished to it as provided in this Section 5.01 upon receipt of a new list so furnished.

Appears in 1 contract

Samples: Indenture (American Oil & Gas Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!