Common use of Preservation and Disclosure of Lists Clause in Contracts

Preservation and Disclosure of Lists. (a) Each of the Trustee and the Custodian shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the holders of Notes furnished to it as provided in Section 6.01 or maintained by the Trustee and the Custodian in its capacity as Note Registrar or Co-Registrar in respect of the Notes, if so acting. The Trustee and the Custodian may destroy any list furnished to it as provided in Section 6.01 upon receipt of a new list so furnished. The Trustee shall otherwise comply with Section 312(a) of the Trust Indenture Act. (b) Noteholders may communicate pursuant to Section 312(b) of the Trust Indenture Act with other holders of Notes with respect to their rights under this Indenture or the Notes and the Trustee will comply with its obligations under said Section 312(b). The Custodian shall provide such information as is available to it to the Trustee to enable the Trustee to comply with such obligations. (c) The Company, the Trustee, the Note Registrar, the Custodian and other covered persons shall have the protection of Section 312(c) of the Trust Indenture Act.

Appears in 5 contracts

Samples: Indenture (IMH Financial Corp), Indenture (IMH Financial Corp), Indenture (IMH Financial Corp)

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