Common use of May Hold Securities Clause in Contracts

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

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

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

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

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar or any other agent of Level 3 Parent, the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities andSecurities, subject to TIA Sections 310(b) and 311, may otherwise deal with Parent, Level 3 Parent and the Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar or such other agent. However, the Trustee must comply with Section 6.08.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteeIssuer, 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 Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

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

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer Trustee or of the TrusteeIssuer, 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 Parent, the Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

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

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteePartnership, 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 Issuer Partnership with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

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

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

May Hold Securities. The Trustee, any Paying Agent, any ------------------- Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteeCompany, 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 Issuer Company with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

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

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteeIssuer, 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 Parent, the Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

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

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

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

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteeIssuer, 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 Parent, the Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

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

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteeIssuer, 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 Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteeCompany, 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 Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar or such other agent.TIA

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

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

May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or any other agent of Parent, the an Issuer 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 Issuer with the same rights it would have if it were not any Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar or any other agent of Parent, the Issuer or of the TrusteeCompany, 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 Issuer Company with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any ------------------- Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteePartnership, 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 Issuer Partnership with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

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

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

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

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

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

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

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteeCompany, 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 Issuer Company with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar or such other agent.it

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

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

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar Registrar, Authenticating Agent or any other agent of Parent, the Issuer or of the TrusteeIssuer, 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 Parent, the Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar or any other agent of Parent, the Issuer or of the TrusteeCompany, in its individual or any other capacity, may become the owner or pledgee of Securities and, subject to TIA Sections 310(b3 10(b) and 31131 1 (which shall be deemed to apply to the Trustee whether or not this Indenture is then subject to the TIA), may otherwise deal with Parent, the Issuer Company with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar or such other agent.

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

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

May Hold Securities. The Trustee, any Paying Agent, any Security Registrar or any other agent of Parent, the Issuer or of the TrusteeCompany, in its individual or any other capacity, may become the owner or pledgee of Securities and, subject to TIA Sections 310(b) and 311311 (which shall be deemed to apply to the Trustee whether or not this Indenture is then subject to the TIA), may otherwise deal with Parent, the Issuer Company with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar or such other agent.

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

May Hold Securities. The Trustee, any Paying Agent, the Security Registrar, any Security Registrar Authenticating Agent or any other agent of Parentthe Issuer, the Issuer 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 Parent, the Issuer with the same rights it would have if it were not any Trustee, Paying Agent, Security Registrar Registrar, Authenticating Agent or such other agent.

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