Common use of PRESERVATION OF INFORMATION COMMUNICATIONS WITH DEBENTUREHOLDERS Clause in Contracts

PRESERVATION OF INFORMATION COMMUNICATIONS WITH DEBENTUREHOLDERS. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the holders of Debentures contained in the most recent list furnished to it as provided in Section 6.1 and as to the names and addresses of holders of Debentures received by the Trustee in its capacity as registrar for the Debentures (if acting in such capacity) or in any other capacity in respect of the Debentures. (b) The Trustee may destroy any list furnished to it as provided in Section 6.1 upon receipt of a new list so furnished. (c) Debentureholders may communicate as provided in Section 312(b) of the Trust Indenture Act with other Debentureholders with respect to their rights under this Indenture or under the Debentures. The Trustee shall comply with the provisions of said Section and shall be entitled to the protections provided by Section 312(c) of the Trust Indenture Act.

Appears in 7 contracts

Samples: Indenture (Metropolitan Capital Trust Ii), Indenture (Metropolitan Financial Corp /Oh/), Indenture (Metropolitan Capital Trust I)

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PRESERVATION OF INFORMATION COMMUNICATIONS WITH DEBENTUREHOLDERS. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the holders of Debentures contained in the most recent list furnished to it as provided in Section 6.1 and as to the names and addresses of holders of Debentures received by the Trustee in its capacity as registrar for the Debentures (if acting in such capacity) or in any other capacity in respect of the Debentures). (b) The Trustee may destroy any list furnished to it as provided in Section 6.1 upon receipt of a new list so furnished. (c) Debentureholders may communicate as provided in Section 312(b) of the Trust Indenture Act with other Debentureholders with respect to their rights under this Indenture or under the Debentures. The Trustee shall comply with the provisions of said Section and shall be entitled to the protections provided by Section 312(c) of the Trust Indenture Act.

Appears in 2 contracts

Samples: Indenture (Southern Community Financial Corp), Indenture (Southern Community Financial Corp)

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PRESERVATION OF INFORMATION COMMUNICATIONS WITH DEBENTUREHOLDERS. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the holders of Debentures contained in the most recent list furnished to it as provided in Section 6.1 7.1 and as to the names and addresses of holders of Debentures received by the Trustee in its capacity as registrar for the Debentures (if acting in such capacity) or in any other capacity in respect of the Debentures). (b) The Trustee may destroy any list furnished to it as provided in Section 6.1 7.1 upon receipt of a new list so furnished. (c) Debentureholders may communicate as provided in Section 312(b) of the Trust Indenture Act with other Debentureholders with respect to their rights under this Indenture or under the Debentures. The Trustee shall comply with the provisions of said Section and shall be entitled to the protections provided by Section 312(c) of the Trust Indenture Act.

Appears in 1 contract

Samples: Indenture (Southern Community Capital Trust I)

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