Common use of Remedies Vested in Trustee Clause in Contracts

Remedies Vested in Trustee. All rights of action (including the right to file proofs 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 other 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 be for the equal and ratable benefit of the Owners of the Outstanding Bonds.

Appears in 2 contracts

Samples: Indenture of Trust (Southwest Gas Corp), Financing Agreement (Southwest Gas Corp)

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Remedies Vested in Trustee. All rights of action (including the right to file proofs proof of claims) under this the 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 other proceedings relating thereto and any such suit or proceeding proceedings 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. Subject to the provisions of Section 907 hereof, and any recovery of judgment shall be for the equal and ratable benefit of the Owners Holders of the Outstanding BondsBonds in respect of which such proceedings shall be brought.

Appears in 2 contracts

Samples: Burlington Coat Factory Warehouse Corp, Burlington Coat Factory Warehouse Corp

Remedies Vested in Trustee. All rights of action (action, including the right to file proofs proof of claims) , under this the 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 other proceedings relating thereto 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, . Subject to the provisions of Section 609 hereof and any recovery of or judgment shall be for the equal and ratable benefit of the Owners holders of the Outstanding Bonds.

Appears in 2 contracts

Samples: Plug Power Inc, Mechanical Technology Inc

Remedies Vested in Trustee. All rights of action (including the right to file proofs 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 other proceedings proceeding relating thereto and any such suit or proceeding instituted by the Trustee shall may be brought in its name name, as Trustee Trustee, without the necessity of joining as plaintiffs or defendants any Owners holders of the Bonds, and any recovery of judgment shall be for the equal and ratable benefit of the Owners holders of the Outstanding Bonds.

Appears in 1 contract

Samples: Trust Indenture (Wca Waste Corp)

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Remedies Vested in Trustee. All rights of action (action, including the right to file proofs proof of claims) claims under this Indenture or under any of the Bonds Bonds, may be enforced by the Trustee without the possession of any of the Bonds or the production thereof in any trial or other 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 be for the equal and ratable benefit of the Owners holders of the then Outstanding Bonds, subject to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture of Trust (Laidlaw Environmental Services Inc)

Remedies Vested in Trustee. All rights of action (action, including the right to file proofs 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 other proceedings relating thereto 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. Subject to the provisions of Section 609 hereof, and any recovery of or judgment shall be for the equal and ratable benefit of the Owners holders of the Outstanding Bonds.

Appears in 1 contract

Samples: Trust Indenture (Angiodynamics Inc)

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