Common use of No Fiduciary Duty Created to Holders of Senior Indebtedness Clause in Contracts

No Fiduciary Duty Created to Holders of Senior Indebtedness. Notwithstanding any other provision in this Article 5, the Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness by virtue of the provisions of this Article 5.

Appears in 13 contracts

Samples: Indenture (Asc Holdings Inc), Indenture (Sterling Software Inc), Indenture (Mci Worldcom Inc)

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No Fiduciary Duty Created to Holders of Senior Indebtedness. Notwithstanding any other provision in this Article 512, the Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness by virtue of the provisions of this Article 512.

Appears in 3 contracts

Samples: Indenture (Metromedia Fiber Network Inc), Indenture (Commonwealth Telephone Enterprises Inc /New/), Indenture (Global Telesystems Group Inc)

No Fiduciary Duty Created to Holders of Senior Indebtedness. Notwithstanding any other provision in this Article 5IV, the Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness by virtue of the provisions of this Article 5IV.

Appears in 3 contracts

Samples: Indenture (Atlantic Coast Airlines Inc), Indenture (Atlantic Coast Airlines Inc), Indenture (Whole Foods Market Inc)

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No Fiduciary Duty Created to Holders of Senior Indebtedness. Notwithstanding any other provision in this Article 5, the Trustee shall not be deemed determined to owe any fiduciary duty to the holders of Senior Indebtedness by virtue of the provisions of this Article 5.

Appears in 1 contract

Samples: Indenture (Incyte Pharmaceuticals Inc)

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