Common use of Individual Rights of Trustee and Collateral Agent Clause in Contracts

Individual Rights of Trustee and Collateral Agent. The Trustee or the Collateral Agent in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would have if it were not Trustee or the Collateral Agent. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 7.10 and 7.11 hereof.

Appears in 3 contracts

Samples: Indenture (Domus Holdings Corp), Indenture (Domus Holdings Corp), Indenture (Realogy Corp)

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Individual Rights of Trustee and Collateral Agent. The Trustee or the and Collateral Agent each in its individual or any other capacity may become the owner or pledgee of Notes Securities and may otherwise deal with and collect obligations owed to it by the Issuer Issuers or any Affiliate of the Issuer their Affiliates with the same rights it would have if it were not Trustee or the Collateral Agent. Any Paying Agent or Registrar may do the same with like rights rights. However, the Trustee and duties. The Trustee is also subject to Collateral Agent must comply with Sections 7.10 and 7.11 hereof7.11.

Appears in 2 contracts

Samples: Indenture (Gates Global Inc.), Indenture (Gates Engineering & Services FZCO)

Individual Rights of Trustee and Collateral Agent. The Each of the Trustee or and the Collateral Agent in its individual or any other capacity may become the owner or pledgee of New Notes and may otherwise deal with the Issuer Company or any Affiliate of the Issuer Company with the same rights it would have if it were not Trustee or the Collateral Agent. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 7.10 11.10 and 7.11 11.11 hereof.

Appears in 1 contract

Samples: Indenture (Sri Receivables Purchase Co)

Individual Rights of Trustee and Collateral Agent. The Trustee or the Collateral Agent in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Issuer Issuers or any Affiliate of the Issuer with the same rights it would have if it were not Trustee or the Collateral Agent. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 7.10 and 7.11 hereof7.10.

Appears in 1 contract

Samples: Indenture (Realogy Holdings Corp.)

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Individual Rights of Trustee and Collateral Agent. The Trustee or the Collateral Agent in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Issuer Issuers or any Affiliate of the Issuer with the same rights it would have if it were not Trustee or the Collateral Agent. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 7.10 and 7.11 hereofSection 7.10.

Appears in 1 contract

Samples: Indenture (Anywhere Real Estate Group LLC)

Individual Rights of Trustee and Collateral Agent. The Trustee or and the Collateral Agent in its their 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 Issuer Company or any Affiliate of the Issuer Subsidiary Guarantor, or any Affiliates thereof, with the same rights it would have if it were not Trustee or the Collateral Agent, as the case may be. Any Agent may do the same with like rights and dutiesrights. The Trustee is also and the Collateral Agent, however, shall be subject to Sections 7.10 and 7.11 hereof.

Appears in 1 contract

Samples: Indenture (Paxson Communications Corp)

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