Common use of May Hold Notes Clause in Contracts

May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture Act), it must eliminate such conflict within 90 days or resign as Trustee.

May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, however, that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture Act)interest, it must eliminate such conflict within 90 days or resign as Trusteeresign.

May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the Issuer Company or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer Company with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, however, that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture Act)interest, it must eliminate such conflict within 90 days days, apply to the Commission for permission to continue or resign as Trusteeresign.

May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, however, that, if it acquires any “conflicting interest interest” (as such term is defined in within the Trust Indenture Actmeaning of TIA Section 310(b)), it must eliminate such conflict within 90 days or resign as Trusteeresign.

May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the Issuer Company or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer Company with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, however, that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture Act)interest, it must eliminate such conflict within 90 days days, apply to the SEC for permission to continue or resign as Trusteeresign.

May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the Issuer Issuers or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer Issuers with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, however, that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture Act)interest, it must eliminate such conflict within 90 days days, apply to the Commission for permission to continue or resign as Trusteeresign.

May Hold Notes. The Trustee, any Paying Agent, any the Note Registrar or any other agent of the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of the Notes and may otherwise deal with the Issuer with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, however, that, if it acquires any conflicting interest (as such term is defined in within the Trust Indenture Act)meaning of the TIA, it must eliminate such conflict within 90 days or resign as Trusteeresign.

May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the Issuer Company or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer Company with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, however, that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture Act)interest, it must eliminate such conflict within 90 days days, or resign as Trusteeapply to the SEC for permission to continue or resign.

May Hold Notes. The Trustee, any Paying Agent, any Note Transfer Agent, any Registrar or any other agent of the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer with the same rights it would have if it were not the Trustee, Paying Agent, Note Transfer Agent, Registrar or such other agent; provided, however, that, if it acquires actual knowledge of any conflicting interest (as such term is defined in the Trust Indenture Act)interest, it must eliminate such conflict within 90 days or resign as Trusteeresign.

May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the Issuer Company or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer Company with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, however, that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture Act)interest, it must eliminate such conflict within 90 days or resign as Trusteeresign.

May Hold Notes. The Trustee, the Notes Collateral Agent, any Paying Agent, any Note Registrar or any other agent of the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer with the same rights it would have if it were not the Trustee, the Notes Collateral Agent, Paying Agent, Note Registrar or such other agent; provided, provided that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture ActTIA), it must eliminate such conflict within 90 days or resign as Trustee.

May Hold Notes. The Trustee, the Notes Collateral Agent, any Paying Agent, any Note Registrar or any other agent of the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer with the same rights it would have if it were not the Trustee, the Notes Collateral Agent, Paying Agent, Note Registrar or such other agent; provided, that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture Act), it must eliminate such conflict within 90 days or resign as Trustee.

May Hold Notes. The Trustee, any Paying Agent, any Note Registrar or any other agent of the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, that, if it acquires any conflicting interest (as such term is defined in the Trust Indenture Act), it must eliminate such conflict within 90 days days, apply to the SEC for permission to continue or resign as Trustee.

May Hold Notes. The Trustee, any Paying Agent, any the Note Registrar or any other agent of the Issuer Issuers or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of the Notes and may otherwise deal with the Issuer Issuers with the same rights it would have if it were not the Trustee, Paying Agent, Note Registrar or such other agent; provided, however, that, if it acquires any conflicting interest (as such term is defined in within the Trust Indenture Act)meaning of the TIA, it must eliminate such conflict within 90 days or resign as Trusteeresign.