INDENTURE TRUSTEE LIEN Clause Samples

INDENTURE TRUSTEE LIEN. The Indenture Trustee's liens on the distributions to the holders of the Notes shall be released and extinguished upon completion of all distributions to the holders of the Notes under the Plan and payment in full of the Allowed fees and expenses of the Indenture Trustee and its agents and counsel. If the Plan Administrator and the Indenture Trustee cannot agree upon the amount of fees and expenses to be paid, such fees and expenses shall be determined by the Bankruptcy Court.
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Related to INDENTURE TRUSTEE LIEN

  • Indenture Trustee Not Obligated Notwithstanding anything to the contrary herein, the Indenture Trustee is not obligated to enter into an amendment that adversely affects the Indenture Trustee’s rights, powers, duties, obligations, liabilities, indemnities or immunities under this Indenture.

  • Indenture Trustee In performing its obligations under this Agreement, the Indenture Trustee is subject to, and entitled to the benefits of, the Indenture. The Indenture Trustee will not have any liability for any act or failure to act of the Administrator.

  • Indenture Trustee Consent The consent of the Indenture Trustee will be required for any amendment to this Agreement pursuant to Sections 7.1(b) or (c) that has a material adverse effect on the rights, duties, obligations, immunities or indemnities of the Indenture Trustee.

  • Trustee Liens The Trustee in its individual capacity agrees, in addition to the agreements contained in Section 7.17 of the Basic Agreement, that it will at its own cost and expense promptly take any action as may be necessary to duly discharge and satisfy in full any Trustee’s Liens on or with respect to the Trust Property which is attributable to the Trustee in its individual capacity and which is unrelated to the transactions contemplated by the Intercreditor Agreement or the NPA.

  • The Indenture Trustee Section 6.01.