Common use of Permitted Acts Clause in Contracts

Permitted Acts. The Escrow Agent and its officers and directors may acquire and hold, or become the owner or pledgee of or may deal in the Bonds as fully and with the same rights as if it were not the Escrow Agent.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement (Catalina Lighting Inc)

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Permitted Acts. The Escrow Agent and its officers and directors affiliates may acquire and hold, or become the owner or pledgee of or may deal in the Refunded Bonds as fully and with the same rights as if it were not the Escrow Agent.

Appears in 1 contract

Samples: Escrow Deposit Agreement

Permitted Acts. The Escrow Agent and its officers and directors may acquire and hold, or become the owner or pledgee pledge of or may deal in the Defeased 2009 Bonds as fully and with the same rights as if it were not the Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement

Permitted Acts. The Escrow Agent and its officers and directors may acquire and hold, or become the owner or pledgee of or may deal in the Refunded 2006 Bank Bonds and the Series 2013C Bonds as fully and with the same rights as if it were not the Escrow Agent.

Appears in 1 contract

Samples: Escrow Deposit Trust Agreement

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Permitted Acts. The Escrow Agent and its officers and directors affiliates may acquire and hold, or become the owner of all or pledgee any of the Defeased Bonds or may deal in the Defeased Bonds as fully and with the same rights as if it were not the Escrow Agent.

Appears in 1 contract

Samples: Escrow Deposit Agreement

Permitted Acts. The Escrow Agent and its officers and directors may acquire and hold, or become the owner or pledgee pledge of or may deal in the Refunded 2006 Bank Bonds and the Series 2013C Bonds as fully and with the same rights as if it were not the Escrow Agent.

Appears in 1 contract

Samples: Escrow Deposit Trust Agreement

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