Common use of No Legal Title to Indenture Estate in Holders Clause in Contracts

No Legal Title to Indenture Estate in Holders. No --------------------------------------------- Holder shall have legal title to any part of the Indenture Estate. No transfer, by operation of law or otherwise, of any Secured Note or other right, title and interest of any Holder in and to the Indenture Estate or hereunder shall operate to terminate this Indenture or entitle such Holder or any successor or transferee of such Holder to an accounting or to the transfer to it of any legal title to any part of the Indenture Estate.

Appears in 8 contracts

Samples: Lease and Security Agreement (Mobil Corp), Lease and Security Agreement (Mobil Corp), Lease, and Security Agreement (Mobil Corp)

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No Legal Title to Indenture Estate in Holders. No --------------------------------------------- Certificate Holder shall have legal title to any part of the Indenture Estate. No transfer, by operation of law or otherwise, of any Secured Note Certificate or other right, title and interest of any Certificate Holder in and to the Indenture Estate or hereunder shall operate to terminate this Indenture or entitle such Certificate Holder or any successor or transferee of such Holder holder to an accounting or to the transfer to it of any legal title to any part of the Indenture Estate.

Appears in 3 contracts

Samples: Sale and Lease Agreement (American Income Fund I-D), Sale and Lease Agreement (American Income Fund I-D), Sale and Lease Agreement (American Income Fund I-D)

No Legal Title to Indenture Estate in Holders. No --------------------------------------------- Holder shall have legal title to any part of the Indenture Estate. No transfer, by operation of law or otherwise, of any Secured Note or other right, title and interest of any Holder in and to the Indenture Estate or the trusts hereunder shall operate to terminate this Indenture or the trusts hereunder or entitle such Holder or any successor or transferee of such Holder to an accounting or to the transfer to it of any legal title to any part of the Indenture Estate.

Appears in 2 contracts

Samples: Trust Indenture and Security Agreement (Bj Services Co), Trust Indenture and Security Agreement (Bj Services Co)

No Legal Title to Indenture Estate in Holders. No --------------------------------------------- Holder shall have legal title to any part of the Indenture EstateEstate except as may result from the exercise of remedies hereunder. No transfer, by operation of law or otherwise, of any Secured Lessor Note or other right, title and interest of any Holder in and to the Indenture Estate or hereunder shall operate to terminate this Indenture or entitle such Holder or any successor or transferee of such Holder to an accounting or to the transfer to it of any legal title to any part of the Indenture Estate.. SECTION 7.4

Appears in 2 contracts

Samples: Assumption Agreement (Edison Mission Energy), Edison Mission Energy

No Legal Title to Indenture Estate in Holders. No Holder --------------------------------------------- Holder shall have legal title to any part of the Indenture Estate. No transfer, by operation of law or otherwise, of any Secured Equipment Note or other right, title and interest of any Holder in and to the Indenture Estate or hereunder shall operate to terminate this Indenture or entitle such Holder or any successor or transferee of such Holder to an accounting or to the transfer to it of any legal title to any part of the Indenture Estate.

Appears in 2 contracts

Samples: Note Purchase Agreement (Midway Airlines Corp), Trust Indenture and Security Agreement (Midway Airlines Corp)

No Legal Title to Indenture Estate in Holders. No --------------------------------------------- Certificate Holder shall have legal title to any part of the Indenture Estate. No transfer, by operation of law or otherwise, of any Secured Note Certificate or other right, title and interest of any Certificate Holder in and to the Indenture Estate or hereunder shall operate to terminate this Indenture or entitle such Certificate Holder or any successor or transferee of such Holder to an accounting or to the transfer to it of any legal title to any part of the Indenture Estate.

Appears in 2 contracts

Samples: Loan Agreement (Pinnacle Airlines Corp), Loan Agreement (Pinnacle Airlines Corp)

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No Legal Title to Indenture Estate in Holders. No --------------------------------------------- Holder shall have legal title to any part of the Indenture Estate. No transfer, by operation of law or otherwise, of any Secured Note or other right, title and interest of any Holder in and to the Indenture Estate or hereunder shall operate to terminate this Indenture or entitle such Holder or any successor or transferee of such Holder to an accounting or to the transfer to it of any legal title to any part of the Indenture Estate.

Appears in 1 contract

Samples: Eex Corp

No Legal Title to Indenture Estate in Holders. No Holder --------------------------------------------- Holder shall have legal title to any part of the Indenture Estate. No transfer, by operation of law or otherwise, of any Secured Note Certificate or other right, title and interest of any Holder in and to the Indenture Estate or hereunder shall operate to terminate this Indenture or entitle such Holder or any successor or transferee of such Holder to an accounting or to the transfer to it of any legal title to any part of the Indenture Estate.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Delta Air Lines Inc /De/)

No Legal Title to Indenture Estate in Holders. No Holder --------------------------------------------- Holder shall have legal title to any part of the Indenture EstateCollateral. No transfer, by operation of law or otherwise, of any Secured Equipment Note or other right, title and interest of any Holder in and to the Indenture Estate Collateral or hereunder shall operate to terminate this Indenture or entitle such Holder or any successor or transferee of such Holder to an accounting or to the transfer to it of any legal title to any part of the Indenture EstateCollateral.

Appears in 1 contract

Samples: Note Purchase Agreement (Midway Airlines Corp)

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