Common use of Individual Rights of Note Trustee Clause in Contracts

Individual Rights of Note Trustee. The Note Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Note Issuer or its affiliates with the same rights it would have if it were not Note Trustee. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Note Trustee must comply with Sections 6.11 and 6.12.

Appears in 10 contracts

Samples: Note Indenture (CEC Funding, LLC), Note Indenture (BEC Funding II, LLC), Note Indenture (BEC Funding II, LLC)

AutoNDA by SimpleDocs

Individual Rights of Note Trustee. The Note Trustee in ---------------------------------- its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Note Issuer or its affiliates with the same rights it would have if it were not Note Trustee. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Note Trustee must comply with Sections 6.11 and 6.12.

Appears in 6 contracts

Samples: Indenture (Pg&e Funding LLC), Indenture (Sdg&e Funding LLC a De Limited Liability Co), Indenture (Sdg&e Funding LLC a De Limited Liability Co)

Individual Rights of Note Trustee. The Note Trustee Trustee, in its individual or any other capacity capacity, may become the owner or pledgee of Notes and may otherwise deal with the Note Issuer Issuers or its affiliates Affiliates with the same rights it would have had if it were not Note Trustee. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Note Trustee must comply with Sections 6.11 and 6.12.

Appears in 1 contract

Samples: Indenture (Strategic Hotel Capital Inc)

Individual Rights of Note Trustee. The Note Trustee in its --------------------------------- individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Note Issuer or its affiliates with the same rights it would have if it were not Note Trustee. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Note Trustee must comply with Sections 6.11 and 6.126.11.

Appears in 1 contract

Samples: Indenture (Sierra Pacific Power Co)

Individual Rights of Note Trustee. The Note ---------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Note Issuer or its affiliates with the same rights it would have if it were not Note Trustee. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Note Trustee must comply with Sections 6.11 and 6.12.

Appears in 1 contract

Samples: Indenture (Sdg&e Funding LLC a De Limited Liability Co)

AutoNDA by SimpleDocs

Individual Rights of Note Trustee. The Note Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may make loans to, accept deposits from, perform services for or otherwise deal with the Note either of the Issuer or its affiliates any Guarantor, or any Affiliates thereof, with the same rights it would have if it were not Note Trustee. Any Paying Agent, Note Registrar, co-registrar or co-paying agent Agent may do the same with like rights. HoweverThe Note Trustee, the Note Trustee must comply with however, shall be subject to Sections 6.11 7.10 and 6.127.11.

Appears in 1 contract

Samples: Indenture (LYON EAST GARRISON Co I, LLC)

Individual Rights of Note Trustee. The Note Trustee in --------------------------------- its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Note Issuer or its affiliates with the same rights it would have if it were not Note Trustee. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Note Trustee must comply with Sections 6.11 and 6.12.

Appears in 1 contract

Samples: Indenture (Sce Funding LLC)

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