Common use of Individual Rights of the Trustee Clause in Contracts

Individual Rights of the Trustee. The Trustee in its individual or any other capacity may become the owner or pledgee of Debentures and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent, Registrar or co-registrar may do the same with like rights. However, the Trustee must comply with Sections 7.10 and 7.11 hereof.

Appears in 10 contracts

Samples: Indenture (Pseg Power Capital Trust V), Indenture (Public Service Enterprise Group Inc), Indenture (Public Service Electric & Gas Co)

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Individual Rights of the Trustee. The Trustee in its individual or any other capacity may become the owner or pledgee of Debentures and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent, Registrar or co-registrar Registrar may do the same with like rights. However, the Trustee must comply with Sections 7.10 and 7.11 hereof.

Appears in 9 contracts

Samples: Junior Indenture (Heco Capital Trust I), Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Heco Capital Trust I)

Individual Rights of the Trustee. The Trustee in its individual or any other capacity may become the owner or pledgee of Debentures and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent, Registrar or co-registrar Registrar may do the same with like rights. However, the Trustee must comply with Sections 7.10 and 7.11 hereof7.11.

Appears in 5 contracts

Samples: Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Maui Electric Co LTD)

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Individual Rights of the Trustee. The Trustee in its --------------------------------- individual or any other capacity may become the owner or pledgee of Debentures and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent, Registrar or co-co- registrar may do the same with like rights. However, the Trustee must comply with Sections 7.10 and 7.11 hereof.

Appears in 1 contract

Samples: Indenture (SJG Capital Trust)

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