No Fiduciary Duty of Trustee to Holders of Senior Indebtedness. The Trustee shall not have any fiduciary duty to any holder of Senior Indebtedness, and shall not be liable to any such holder if it shall pay over or distribute to the Holders of the Debentures or to the Company or to any other person, moneys or assets to which any holder of Senior Indebtedness shall be entitled pursuant to this Article XIII or otherwise.
Appears in 1 contract
Samples: Banctec Inc
No Fiduciary Duty of Trustee to Holders of Senior Indebtedness. The Trustee shall not have be deemed to owe any fiduciary duty to any holder the holders of Senior Indebtedness, and shall not be liable it undertakes to any perform or observe such holder if it shall pay over or distribute to the Holders of the Debentures or to the Company or to any other person, moneys or assets to which any holder of Senior Indebtedness shall be entitled pursuant to this Article XIII or otherwise.its covenants and obligations as are
Appears in 1 contract
Samples: Sickinger Co
No Fiduciary Duty of Trustee to Holders of Senior Indebtedness. The Trustee shall not have be deemed to owe any fiduciary duty to any holder the holders of Senior Indebtedness, and shall not be liable to any such holder holders (other than for its willful misconduct or negligence) if it shall in good faith mistakenly pay over or distribute to the Holders of the Debentures Securities or to the Company or to any other personPerson, moneys cash, property or assets securities to which any holder holders of Senior Indebtedness shall be entitled pursuant to by virtue of this Article XIII Thirteen or otherwise.. Nothing in this Section
Appears in 1 contract
Samples: Key Energy Services Inc
No Fiduciary Duty of Trustee to Holders of Senior Indebtedness. The Trustee shall not have be deemed to owe any fiduciary duty to any holder the holders of Senior Indebtedness, and shall not be liable to any such holder if it shall pay over or distribute to the Holders of the Debentures or to the Company or to any holders (other person, moneys or assets to which any holder of Senior Indebtedness shall be entitled pursuant to this Article XIII or otherwise.than for its willful misconduct or
Appears in 1 contract
Samples: Quest Cherokee Oilfield Service, LLC
No Fiduciary Duty of Trustee to Holders of Senior Indebtedness. The Trustee shall not have be deemed to owe any fiduciary duty to any holder the holders of Senior Indebtedness, and shall not be liable to any such holder holders (other than for its willful misconduct or negligence) if it shall in good faith mistakenly pay over or distribute to the Holders of the Debentures Securities or to the Company or to any other personPerson, moneys cash, property or assets securities to which any holder holders of Senior Indebtedness shall be entitled pursuant to this Article XIII or otherwise.Senior
Appears in 1 contract
Samples: Cooper Cameron Corp
No Fiduciary Duty of Trustee to Holders of Senior Indebtedness. The Trustee shall not have be deemed to owe any fiduciary duty to any holder the holders of Senior Indebtedness, Indebtedness and shall not be liable to any such holder holders (other than for its willful misconduct or negligence) if it shall in good faith mistakenly pay over or distribute to the Holders of the Debentures Securities or to the Company or to any other person, moneys cash, property or assets securities to which any holder holders of Senior Indebtedness shall be entitled pursuant to by virtue of this Article XIII Twelve or otherwise.. Nothing in this
Appears in 1 contract
Samples: Indenture (Us Foodservice/Md/)
