Common use of Right of Trustee to Hold Senior Debt Clause in Contracts

Right of Trustee to Hold Senior Debt. The Trustee shall be entitled to all of the rights set forth in this Article X in respect of any Senior Debt at any time held by it to the same extent as any other holder of Senior Debt, and nothing in this Indenture shall be construed to deprive the Trustee of any of its rights as such holder.

Appears in 5 contracts

Samples: Indenture (Noble Broadcast Group Inc /Oh/), Indenture (Jacor Communications Inc), Indenture (Multiverse Acquisition Corp)

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Right of Trustee to Hold Senior Debt. The Trustee shall be entitled to all of the rights set forth in this Article X XI in respect of any Senior Debt at any time held by it to the same extent as any other holder of Senior Debt, and nothing in this Indenture shall be construed to deprive the Trustee of any of its rights as such holder. Nothing in this Article shall apply to claims of, or payments to, the Trustee under or pursuant to Section 7.7.

Appears in 3 contracts

Samples: First Supplemental Indenture (BTG Inc /Va/), First Supplemental Indenture (Lockheed Martin Corp), First Supplemental Indenture (Procom Services)

Right of Trustee to Hold Senior Debt. The Trustee shall be entitled to all of the rights set forth in this Article X XI in respect of any Senior Debt at any time held by it to the same extent as any other holder of Senior Debt, and nothing in this Indenture shall be construed to deprive the Trustee of any of its rights as such holder.

Appears in 3 contracts

Samples: Indenture (Universal Outdoor Inc), Indenture (Universal Outdoor Inc), Indenture (Universal Outdoor Inc)

Right of Trustee to Hold Senior Debt. The Trustee shall be entitled to all of the rights set forth in this Article X XIII in respect of any Senior Debt at any time held by it to the same extent as any other holder of Senior Debt, and nothing in this Indenture shall be construed to deprive the Trustee of any of its rights as such holder.

Appears in 2 contracts

Samples: Indenture (Sun Healthcare Group Inc), Indenture (Sun Healthcare Group Inc)

Right of Trustee to Hold Senior Debt. The Trustee shall be entitled to all of the rights set forth in this Article X XII in respect of any Senior Debt at any time held by it to the same extent as any other holder of Senior Debt, and nothing in this Indenture shall be construed to deprive the Trustee of any of its rights as such holder. Nothing in this Article shall apply to claims of, or payments to, the Trustee under or pursuant to Section 7.7.

Appears in 2 contracts

Samples: Indenture (CSK Auto Corp), Indenture (Penton Media Inc)

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Right of Trustee to Hold Senior Debt. The Trustee shall be entitled to all of the rights set forth in this Article X IV in respect of any Senior Debt at any time held by it to the same extent as any other holder of Senior Debt, and nothing in this Indenture shall be construed to deprive the Trustee of any of its rights as such holder.

Appears in 1 contract

Samples: Indenture (Color Spot Nurseries Inc)

Right of Trustee to Hold Senior Debt. The Trustee and any agent for the holders of Senior Debt shall be entitled to all of the rights set forth in this Article X in respect of any Senior Debt at any time held by it to the same extent as any other holder of such Senior Debt, and nothing in this Indenture shall be construed to deprive the Trustee or any agent for the holders of Senior Debt of any of its rights as such holder.

Appears in 1 contract

Samples: Indenture (Loomis Fargo & Co)

Right of Trustee to Hold Senior Debt. The Trustee shall be entitled to all of the rights set forth in this Article X XII in respect of any Senior Debt at any time held by it to the same extent as any other holder of Senior Debt, and nothing in this Indenture indenture shall be construed to deprive the Trustee of any of its rights as such holder.

Appears in 1 contract

Samples: Indenture (Astor Corp)

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