Common use of Rights of Holders of Issuer Senior Indebtedness Not Impaired Clause in Contracts

Rights of Holders of Issuer Senior Indebtedness Not Impaired. 4.9.1 No right of any present or future holder of any Issuer Senior Indebtedness to enforce the subordination herein shall at any time or in any way be prejudiced or impaired by any act or failure to act on the part of the Issuer or by any noncompliance by the Issuer with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with.

Appears in 4 contracts

Samples: Trust Indenture (TransCanada Trust), Trust Indenture (TransCanada Trust), Transcanada Trust (Transcanada Pipelines LTD)

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Rights of Holders of Issuer Senior Indebtedness Not Impaired. 4.9.1 2.15.9.1 No right of any present or future holder of any Issuer Senior Indebtedness to enforce the subordination herein shall at any time or in any way be prejudiced or impaired by any act or failure to act on the part of the Issuer or by any noncompliance by the Issuer with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with.

Appears in 1 contract

Samples: First Supplemental Indenture (Brookfield Asset Management Inc.)

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