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 Securities and may otherwise deal with the Company or an Affiliate with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. However, the Trustee is subject to Sections 7.10 and 7.11.

Appears in 6 contracts

Samples: Indenture (Del Webb Corp), Indenture (Del Webb Corp), Indenture (Del Webb Corp)

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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 Securities Senior Notes and may otherwise deal with the Company or an Affiliate with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. However, the Trustee is subject to and must comply with Sections 7.10 and 7.117.11 of this Indenture.

Appears in 2 contracts

Samples: Indenture (Telemundo Group Inc), Indenture (Telemundo Group Inc)

Individual Rights of the Trustee. The Subject to Sections 7.10 and 7.11 below, the Trustee in its individual or any other capacity may become the owner or pledgee of Securities Notes and may otherwise deal with the Company or an Affiliate of the Company with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. However, the Trustee is subject to Sections 7.10 and 7.11.

Appears in 1 contract

Samples: Trust Indenture (Kinney Drugs Inc)

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Individual Rights of the Trustee. The Subject to Sections 6.10 and 6.11, the Trustee in its individual or any other capacity may become the owner or pledgee of Securities Convertible Notes with the same rights it would have if it were not the Trustee and may otherwise deal with the Company or 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 Agent may do the same with like rights. However, the Trustee is subject to Sections 7.10 and 7.11.

Appears in 1 contract

Samples: Indenture (Navistar International Corp)

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