Common use of Possession of Bonds by Trustee Not Required Clause in Contracts

Possession of Bonds by Trustee Not Required. All rights of action under this Indenture or under any of the Bonds, enforceable by the Trustee, may be enforced by it without possession of any of the Bonds or the production thereof in the trial or other proceeding relative thereto, and any such suit, action or proceeding instituted by the Trustee shall be brought in its name for the benefit of all the Owners of such Bonds, subject to the provisions of this Indenture.

Appears in 4 contracts

Samples: Indenture of Trust, Indenture of Trust, Indenture of Trust

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Possession of Bonds by Trustee Not Required. All rights of action under this Indenture or under any of the Bonds, enforceable by the Trustee, may be enforced by it without possession of any of the Bonds or the production thereof in the trial or other proceeding relative thereto, and any such suit, action or proceeding instituted by the Trustee shall be brought in its name for the benefit of all the Owners Holders of such Bonds, subject to the provisions of this Indenture.

Appears in 1 contract

Samples: Master Trust Indenture

Possession of Bonds by Trustee Not Required. All rights of action under this Indenture or under any of the Bonds, enforceable by the Trustee, may be enforced by it without the possession of any of the Bonds or the production thereof in on the trial or other proceeding relative thereto, and any such suit, action or proceeding instituted by the Trustee shall be brought in its name for the benefit of all the Owners of such BondsBondholders, subject to the provisions of this Indenture.

Appears in 1 contract

Samples: Trust Indenture

Possession of Bonds by Trustee Not Required. All rights of action under this Indenture or under any of the Bonds, enforceable by the Trustee, may be enforced by it without the possession of any of the Bonds or the production thereof in on the trial or other proceeding relative thereto, and any such suit, action or proceeding instituted by the Trustee shall be brought in its name for the benefit of all the Owners owners of such Bonds, subject to the provisions of this Indenture.Indenture.β€Œ

Appears in 1 contract

Samples: Indenture

Possession of Bonds by Trustee Not Required. All rights of action under this Indenture or under any of the Bonds, enforceable by the Trustee, may be enforced by it without the possession of any of the Bonds or the production thereof in the trial or other proceeding relative thereto, and any such suit, action or proceeding instituted by the Trustee shall be brought in its name for the benefit of all the Owners of such Bonds, subject to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture of Trust

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Possession of Bonds by Trustee Not Required. All rights of action under this Indenture or under any of the Bonds, enforceable by the Trustee, may be enforced by it without the possession of any of the Bonds or the production thereof in as the trial or other proceeding relative thereto, and any such suit, action or proceeding instituted by the Trustee shall be brought in its name for the benefit of all the Owners holders of such Bonds, Bonds subject to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture of Trust

Possession of Bonds by Trustee Not Required. All rights of action under this Indenture or under any of the Bonds, Bonds enforceable by the Trustee, Trustee may be enforced by it without the possession of any of the Bonds or the production thereof in at the trial or other proceeding relative thereto, and any such suit, action or proceeding instituted by the Trustee shall be brought in its name for the benefit of all the Owners owners of such Bonds, subject to the provisions of this Indenture.

Appears in 1 contract

Samples: Trust Indenture

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