Common use of Remedies Vested in the Trustee Clause in Contracts

Remedies Vested in the Trustee. All rights of action (including the right to file proof of claims) under this Indenture or under any of the Bonds may be enforced by the Trustee without the possession of any of the Bonds or the production thereof in any trial or proceedings relating thereto; and any such suit or proceeding instituted by the Trustee shall be brought in its name as Trustee without the necessity of joining as plaintiffs or defendants any Owners of the Bonds; and any recovery of judgment shall subject to Section 8.08 of this Indenture be for the equal and ratable benefit of the Owners of the Outstanding Bonds.

Appears in 1 contract

Samples: Trust Indenture (System Energy Resources Inc)

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Remedies Vested in the Trustee. All rights of action (including the right to file proof of claims) under this Indenture or under any of the Bonds may be enforced by the Trustee without the possession of any of the Bonds or the production thereof in any trial or proceedings relating thereto; other proceeding related thereto and any such suit or proceeding instituted by the Trustee shall be brought in its name as the Trustee without the necessity of joining as plaintiffs or defendants any Owners holder of the Bonds; , and any recovery of judgment shall subject to Section 8.08 of this Indenture be for the equal and ratable benefit of the Owners holders of the Outstanding outstanding Bonds.

Appears in 1 contract

Samples: Trust Indenture

Remedies Vested in the Trustee. All rights of action (including the right to file proof of claims) under this Indenture or under any of the Bonds may be enforced by the Trustee without the possession of any of the Bonds or the production thereof in any trial or proceedings relating thereto; other proceeding related thereto and any such suit or proceeding instituted by the Trustee shall be brought in its name as the Trustee without the necessity of joining as plaintiffs or defendants any Owners Owner of the Bonds; , and any recovery of judgment shall subject to Section 8.08 of this Indenture be for the equal and ratable benefit of the Owners of the Outstanding outstanding Bonds.

Appears in 1 contract

Samples: Bond Indenture and Security Agreement

Remedies Vested in the Trustee. All rights of action (including the right to file proof of claims) under this Indenture or under any of the Bonds may be enforced by the Trustee without the possession of any of the Bonds or the production thereof in any trial or proceedings relating thereto; and any such suit or proceeding instituted by the Trustee shall be brought in its name as Trustee without the necessity of joining as plaintiffs or defendants any Owners holders of the Bonds; and any recovery of judgment shall subject to Section 8.08 of this Indenture be for the equal and ratable benefit of the Owners holders of the Outstanding outstanding Bonds.

Appears in 1 contract

Samples: Trust Indenture (Mississippi Power & Light Co)

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Remedies Vested in the Trustee. All rights of action (including the right to file proof of claims) under this Indenture or under any of the Bonds Notes may be enforced by the Trustee without the possession of any of the Bonds Notes or the production thereof in any trial or proceedings relating other proceeding related thereto; , and any such suit or proceeding instituted by the Trustee shall be brought in its name as the Trustee without the necessity of joining as plaintiffs or defendants any Owners owner of the Bonds; Notes, and any recovery of judgment shall subject to Section 8.08 of this Indenture be for the equal and ratable benefit of the Owners owners of the Outstanding BondsNotes.

Appears in 1 contract

Samples: Trust Indenture (GMH Communities Trust)

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