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: Registration Rights Agreement (Act Manufacturing Inc), Indenture (Family Golf Centers Inc), Indenture (Asc Holdings 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 (Global Telesystems Group Inc), Commonwealth Telephone Enterprises Inc /New/, Metromedia Fiber Network 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: Atlantic Coast Airlines Inc, Atlantic Coast Airlines Inc, 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: Incyte Pharmaceuticals Inc

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