Common use of Preservation of Information; Communications to Securityholders Clause in Contracts

Preservation of Information; Communications to Securityholders. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the holders of each series of Securities received by it in the capacity of Security registrar and the names and addresses of holders of each series of Securities contained in the most recent list furnished to it under Section 5.01. The Trustee may destroy any such list upon receipt of a new list so furnished. (b) The rights of Securityholders to communicate with other Securityholders with respect to their rights under this Indenture or under the Securities, and the corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act. (c) Each and every holder of Securities, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any paying agent or other agent of either of them shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the holders of Securities made pursuant to the Trust Indenture Act, regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made pursuant to the Trust Indenture Act.

Appears in 3 contracts

Samples: Indenture (Kansas City Power & Light Co), Indenture (Kansas City Power & Light Co), Indenture (Kansas City Power & Light Co)

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Preservation of Information; Communications to Securityholders. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the holders of each series of Securities received by it in the capacity of Security registrar and the names and addresses of holders of each series of Securities Holders contained in the most recent list furnished to it under the Trustee as provided in Section 5.017.01 and the names and addresses of Holders received by the Trustee in its capacity as Security Registrar. The Trustee may destroy any such list furnished to it as provided in Section 7.01 upon receipt of a new list so furnished. (b) The rights of Securityholders Holders to communicate with other Securityholders Holders with respect to their rights under this Indenture or under the Securities, and the corresponding rights and privileges duties of the Trustee, shall be as provided by the Trust Indenture Act. (c) Each and every holder Every Holder of Securities, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any paying agent or other Authenticating Agent nor any Paying Agent nor any Security Registrar nor any agent of either any of them shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the holders Holders of Securities made pursuant to the Trust Indenture Actin accordance with TIA Section 312, regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made pursuant to the Trust Indenture Actunder TIA Section 312(b).

Appears in 2 contracts

Samples: Senior Indenture (Xylem Inc.), Subordinated Indenture (Xylem Inc.)

Preservation of Information; Communications to Securityholders. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the holders of each series of Securities received by it in the capacity of Security registrar and the names and addresses of holders of each series Holders of Securities contained in the most recent list furnished to it under the Trustee as provided in Section 5.017.01 and the names and addresses of Holders of Securities received by the Trustee in its capacity as Security Registrar, if so acting. The Trustee may destroy any such list furnished to it as provided in Section 7.01 upon receipt of a new list so furnished. (b) The rights of Securityholders the Holders to communicate with other Securityholders Holders with respect to their rights under this Indenture or under the Securities, and the corresponding rights and privileges of the Trustee, shall will be as provided by the Trust Indenture Act. (c) Each and every holder Every Holder of Securities, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any paying agent or other agent of either of them shall be held accountable by reason of the any disclosure of any such information as to the names and addresses of the holders Holders of Securities made pursuant to the Trust Indenture Act, regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made pursuant to the Trust Indenture Act.

Appears in 2 contracts

Samples: Indenture (Invesco Mortgage Capital Inc.), Indenture (Invesco Mortgage Capital Inc.)

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Preservation of Information; Communications to Securityholders. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the holders of each series of Securities received by it in the capacity of Security registrar and the names and addresses of holders of each series of Securities contained in the most recent list furnished to it under Section 5.01. The Trustee may destroy any such list upon receipt of a new list so furnished. (b) The rights of Securityholders to communicate with other Securityholders with respect to their rights under this Indenture or under the Securities, and the corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture ActAct of 1939. (c) Each and every holder of Securities, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any paying agent or other agent of either of them shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the holders of Securities made pursuant to the Trust Indenture ActAct of 1939, regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made pursuant to the Trust Indenture ActAct of 1939.

Appears in 1 contract

Samples: Indenture (Consolidated Edison Inc)

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