Common use of Individual Rights of Trustee and the Security Agent Clause in Contracts

Individual Rights of Trustee and the Security Agent. The Trustee and the Security Agent, each in their respective individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer, Holders or any Affiliate of the Issuer with the same rights they would have if they were not Trustee and Security Agent. However, in the event that the Trustee or the Security Agent acquires any conflicting interest it must eliminate such conflict within 90 days or resign. The Trustee is also subject to Section 7.09 hereof.

Individual Rights of Trustee and the Security Agent. ‌ The Trustee and the Security Agent, each Agent in their respective individual or any other capacity, capacity may become the owner or pledgee of Notes and may otherwise deal with the Issuer, Holders Issuer or any Affiliate of the Issuer with the same rights they would have if they were not Trustee and Security Agent. However, in the event that the Trustee or the Security Agent acquires any conflicting interest it must eliminate such conflict within 90 days or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Section 7.09 7.10 hereof.

Individual Rights of Trustee and the Security Agent. The Trustee and the Security Agent, each Agent in their respective individual or any other capacity, capacity may become the owner or pledgee of Notes and may otherwise deal with the Issuer, Holders Issuer or any Affiliate of the Issuer with the same rights they would have if they were not Trustee and Security Agent. However, in the event that the Trustee or the Security Agent acquires any conflicting interest it must eliminate such conflict within 90 days or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Section 7.09 7.10 hereof.

Individual Rights of Trustee and the Security Agent. The Trustee and the Security Agent, each Agent in their respective individual or any other capacity, capacity may become the owner or pledgee of Notes and may otherwise deal with the Issuer, Holders Issuer or any Affiliate of the Issuer with the same rights they would have if they were not Trustee and Security Agent. However, in the event that the Trustee or the Security Agent acquires any conflicting interest it must eliminate such conflict within 90 days or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Section 7.09 hereof.