Common use of May Hold Securities Clause in Contracts

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) 608 and 311613, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of Parent, the CompanyIssuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with Parent, the Company Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, and subject to TIA Sections 310(b) and 311, and may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons Securities, and, subject to TIA Sections 310(b) and 311the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to Section 613 and TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyIssuer, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyTrustee or the Issuer, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the TIA, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyPartnership, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Partnership with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other Person that may be an agent of the CompanyTrustee or the Guarantor or the Issuer, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons or Coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company Issuer or the Guarantor with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agentPerson.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) 6.8 and 3116.13, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to Section 613 and TIA Sections 310(b) and 311, may otherwise deal with the Company and any Security Guarantor with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent any Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, any Subsidiary Guarantor or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company and any Subsidiary Guarantor with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Authenticating Agent, any Security Registrar, Authenticating Agent Registrar or any other Person that may be an agent of the Trustee or the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Authenticating Agent, Security Registrar, Authenticating Agent Registrar or such other agentPerson.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyCompany or the Guarantor, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company and the Guarantor with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311the provisions of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Indenture Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Indenture Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent. A Trustee that has resigned or was removed shall remain subject to TIA Section 311(a).

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCorporation or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Corporation with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent. A Trustee that has resigned or was removed shall remain subject to TIA Section 311(a).

May Hold Securities. The Trustee, any Paying Agent, ------------------- Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) SECTIONS 6.08 and 3116.13, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyIssuer, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b3.10(b) and 311, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyPartnership or the Guarantor, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Partnership or the Guarantor with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security ------------------- Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyPartnership, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act and Sections 608, 609 and 613 hereof, may otherwise deal with the Company Partnership with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of an Issuer or of the CompanyTrustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent the Registrar or any of their Affiliates or any other agent of the Company, in its their respective individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the TIA, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyTrust, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Trust with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The TrusteeTrustees, any Paying Agent, Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its their individual or any other capacity, may become the owner or pledgee of Securities and coupons Securities, and, subject to TIA Section 608 and Trust Indenture Act Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it they were not TrusteeTrustees, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyIssuer and the Guarantor, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Issuer and the Guarantor with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company and its Affiliates with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, of the Guarantor, or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company and the Guarantor with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyIssuer, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the TIA, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, ------------------- Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, Company in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyIssuer or the Guarantor, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b310 (b) and 311, may otherwise deal with the Company Issuer or the Guarantor with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.TIA

May Hold Securities. The Trustee, any Paying Agent, Security ------------------- Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act to the extent this Indenture is qualified, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security ------------------- Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, ------------------- Security Registrar, Authenticating Agent or any other agent of the Operating Partnership or the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Operating Partnership or the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) 608 and 311613, may otherwise deal with the Company with the same rights it would have if it were not the Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCorporation or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons Coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company Corporation with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security ------------------- Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyTrustee or the Issuer, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the TIA, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 in the case of the Trustee, may otherwise deal with the Company with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons Coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of an Issuer or any Guarantor or of the CompanyTrustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Issuer and any Guarantor with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyIssuer, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons Coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Register or any other agent of the Company, any Subsidiary Guarantor or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company and the subsidiary Guarantors with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyCompany or the Guarantor, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company or the Guarantor with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyIssuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or the Guarantor, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company and the Guarantor with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Calculation Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Calculation Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent any Securities Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Securities Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject 57 to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompanies or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Companies with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, and subject to TIA Sections Section s 310(b) and 311, and may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, ------------------- Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, and subject to TIA Sections s 310(b) and 311, and may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Trustee or the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons or Coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenti cating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, and subject to TIA Sections (S) s 310(b) and 311, and may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b310(6) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, and may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, Finance Corp. or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 in the case of the Trustee, may otherwise deal with the Company and Finance Corp. with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company Company, American Water Works or an Affiliate of either with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent, Conversion Agent, Redemption Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent, Conversion Agent, Redemption Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other Person that may be an agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons or Coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agentPerson.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b3 10(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b3.10(b) and 3113.11, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, ------------------- Security Registrar, Authenticating Agent or any other agent of the CompanyPartnership, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Partnership with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Register or any other agent of the Company, any Subsidiary Guarantor or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company and the Subsidiary Guarantors with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company or an Affiliate of either with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.it

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, any Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agentagent of the Company.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b3.10(b) and 3113.11, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent any Note Registrar or any other agent of the Company, the Subsidiary Guarantors or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons Notes and, subject to TIA Sections 310(b) and 311311 in the case of the Trustee, may otherwise deal with the Company and the Subsidiary Guarantors with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar, Authenticating Agent Note Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyTrust or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Trust with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyTrustee or the Issuer, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, the Security Registrar, Authenticating any Conversion Agent or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) 6.08 and 3116.13, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Conversion Agent or such other agent, provided however, that the Trustee is subject to TIA Section 310(b) and Section 311.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(bSections310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent any Registrar or any other agent of the CompanyCompany or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company and the Subsidiary Guarantors with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyCompany or any Subsidiary Guarantor, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company or any Subsidiary Guarantor with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the CompanyCompany or the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent or any other agent of the CompanyIssuer, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 43 44 310(b) and 311311 of the TIA, may otherwise deal with the Company Issuer with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Authenticating ------------------- Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) 6.8 and 3116.13, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, Security Registrar, Authenticating Agent any Registrar or any other Person that may be an agent of the Trustee or Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons or Coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agentPerson.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311311 of the Trust Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, Authenticating Agent Registrar or any other agent of the Company, the Guarantor or the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company or the Guarantor with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, Security Registrar, Authenticating Agent Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar, Authenticating Agent Registrar or such other agent.