Common use of PERFORMANCE OF OBLIGATIONS TO SECRETARY Clause in Contracts

PERFORMANCE OF OBLIGATIONS TO SECRETARY. Notwithstanding any provisions of this Indenture to the contrary, upon termination of the Guarantees pursuant to Section 6.04(a), each of the provisions of the Indenture which refers to the rights and duties of the Secretary shall not be effective and the Sections containing such provisions shall be read as though there were no such rights or duties.

Appears in 6 contracts

Samples: Trust Indenture (Cal Dive International Inc), Trust Indenture (Chiles Offshore Inc/New/), Trust Indenture (American Classic Voyages Co)

AutoNDA by SimpleDocs

PERFORMANCE OF OBLIGATIONS TO SECRETARY. Notwithstanding any other provisions of this Indenture to the contrary, upon termination of the Guarantees pursuant to Section 6.04(a), each of the provisions hereof which requires or permits action by the Secretary, the consent, approval or authorization of the Indenture which refers Secretary, the furnishing of any document, paper or information to the rights and duties Secretary, or the performance of any other obligation to the Secretary Secretary, shall not be effective and the Sections containing such provisions shall be read as though there were no such rights requirements or dutiespermissions, after termination of the Guarantees pursuant to Section 6.04(a).

Appears in 4 contracts

Samples: Assumption Agreement and Supplement to Trust Indenture (Ambassadors International Inc), Trust Indenture (Trailer Bridge Inc), Trust Indenture (Pride International Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!