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 9 contracts

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

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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 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 (Maui Electric Co LTD), Junior Indenture (Maui Electric Co LTD)

Individual Rights of the Trustee. The Subject to Sections 7.10 and 7.11, the Trustee in its individual or any other capacity may become the owner or pledgee of Debentures with the same rights it would have if it were not the Trustee and may otherwise deal with the Company or its Affiliates an Affiliate of the Company and receive, collect, hold and retain collections from the Company with the same rights it would have if it were not Trustee. Any Paying Agent, Registrar or co-Registrar Agent 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 (Gencorp Inc)

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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 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: SJG Capital Trust

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