Common use of RIGHTS AND OBLIGATIONS SUBJECT TO POWER OF COURT Clause in Contracts

RIGHTS AND OBLIGATIONS SUBJECT TO POWER OF COURT. The rights of the holders of Senior Debt and the obligations of the Trustee and the Noteholders set forth in this Article Twelve are subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred in this Indenture upon the Senior Debt and the holders thereof with respect to the Notes and the Noteholders thereof by a plan or reorganization under applicable bankruptcy law.

Appears in 3 contracts

Samples: Indenture (PDS Financial Corp), Indenture (PDS Financial Corp), Indenture (PDS Financial Corp)

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RIGHTS AND OBLIGATIONS SUBJECT TO POWER OF COURT. The rights of the holders of Senior Debt and the obligations of the Trustee and the Noteholders set forth in this Article Twelve Thirteen are subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred in this Indenture upon the Senior Debt and the holders thereof with respect to the Notes and the Noteholders thereof by a plan or reorganization under applicable bankruptcy law.. (END OF ARTICLE THIRTEEN)

Appears in 3 contracts

Samples: Indenture (Onyx Acceptance Corp), Onyx Acceptance Corp, Onyx Acceptance Corp

RIGHTS AND OBLIGATIONS SUBJECT TO POWER OF COURT. The rights of the holders of Senior Debt and the obligations of the Trustee and the Noteholders Debentureholders set forth in this Article Twelve are subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred in this Indenture upon the Senior Debt and the holders thereof with respect to the Notes Debentures and the Noteholders Debentureholders thereof by a plan or reorganization under applicable bankruptcy law.

Appears in 1 contract

Samples: Indenture (Paper Warehouse Inc)

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RIGHTS AND OBLIGATIONS SUBJECT TO POWER OF COURT. The rights of the holders of Senior Debt and the obligations of the Trustee and the Noteholders Note Holders set forth in this Article Twelve are subject to the power of a court of competent jurisdiction to make other equitable provision reflecting the rights conferred in this Indenture upon the Senior Debt and the holders thereof with respect to the Notes and the Noteholders Note Holders thereof by a plan or of reorganization under applicable bankruptcy law.. -63- ARTICLE THIRTEEN REDEMPTION AT OPTION OF HOLDER IN CERTAIN CIRCUMSTANCES

Appears in 1 contract

Samples: Indenture (Berthel Fisher & Co Leasing Inc)

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