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

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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. With respect to the holders of Senior Indebtedness, (a) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, (b) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (c) no implied covenants or obligations shall be read into this Indenture against the Trustee and (d) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 19 contracts

Samples: Share Repurchase Agreement (American International Group Inc), Subordinated Indenture (Bbva Compass Bancshares, Inc), Junior Subordinated Indenture (AerCap Global Aviation Trust)

AutoNDA by SimpleDocs

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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. With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, (bii) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (ciii) no implied covenants or obligations shall be read into this Indenture against the Trustee and (div) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 8 contracts

Samples: Subordinated Debt Indenture (Transcanada Pipelines LTD), Subordinated Indenture (Williams Holdings of Delaware Inc), Subordinated Indenture (Source One Mortgage Services Corp)

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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 Corporation or by any noncompliance by the Issuer Corporation with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, ; (bii) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, ; (ciii) no implied covenants or obligations shall be read into this Indenture against the Trustee Trustee; and (div) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 7 contracts

Samples: Subordinated Indenture (Eix Trust Iii), Subordinated Indenture (Duke Capital Financing Trust Iii), Subordinated Indenture (Duke Energy Corp)

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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 Company or by any noncompliance by the Issuer Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, ; (bii) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, ; (ciii) no implied covenants or obligations shall be read into this Indenture against the Trustee Trustee; and (div) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 6 contracts

Samples: Subordinated Indenture (Beckman Coulter Inc), Subordinated Indenture (Duke Power Co /Nc/), Indenture (Maverick Tube Corporation)

Rights of Holders of Senior Indebtedness Not Impaired. (a) No right of any present or future holder of any 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. . (b) With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee Trustees shall be determined solely by the express provisions of this Indenture, (bii) the Trustee Trustees shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (ciii) no implied covenants or obligations shall be read into this Indenture against the Trustee Trustees and (div) the Trustee Trustees shall not be deemed to be a fiduciary as to such holders.

Appears in 3 contracts

Samples: Second Supplemental Indenture (Algonquin Power & Utilities Corp.), First Supplemental Indenture (Algonquin Power & Utilities Corp.), First Supplemental Indenture (Algonquin Power & Utilities Corp.)

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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. With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, (bii) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (ciii) no implied covenants or obligations shall be read into this -79- 87 Indenture against the Trustee and (div) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 2 contracts

Samples: Subordinated Indenture (Source One Mortgage Services Corp), Subordinated Indenture (Source One Mortgage Services Corp)

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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 Guarantors or by any noncompliance by the Issuer Guarantors with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with. With respect to the holders of Senior Indebtedness, (a) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, (b) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (c) no implied covenants or obligations shall be read into this Indenture against the Trustee and (d) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 2 contracts

Samples: Share Repurchase Agreement (American International Group Inc), Junior Subordinated Indenture (AerCap Global Aviation Trust)

Rights of Holders of Senior Indebtedness Not Impaired. 7.9.1 No right of any present or future holder of any 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 Company or by any noncompliance by the Issuer Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with. . 7.9.2 With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, (bii) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (ciii) no implied covenants or obligations shall be read into this Indenture against the Trustee and (div) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 2 contracts

Samples: Supplemental Indenture (Enbridge Inc), Eleventh Supplemental Indenture (Enbridge Inc)

Rights of Holders of Senior Indebtedness Not Impaired. 4.9.1. No right of any present or future holder of any 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. 4.9.2. With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, (bii) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (ciii) no implied covenants or obligations shall be read into this Indenture against the Trustee and (div) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 2 contracts

Samples: Trust Indenture (Emera Inc), Trust Indenture (Emera Inc)

Rights of Holders of Senior Indebtedness Not Impaired. No ----------------------------------------------------- right of any present or future holder of any 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 which any such holder may have or be otherwise charged with. With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, ; (bii) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, ; (ciii) no implied covenants or obligations shall be read into this Indenture against the Trustee Trustee; and (div) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 1 contract

Samples: Indenture (C Cor Net Corp)

AutoNDA by SimpleDocs

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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. With respect to the holders of Senior Indebtedness, (a) the duties and obligations of the Indenture Trustee shall be determined solely by the express provisions of this Indenture, (b) the Indenture Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (c) no implied covenants or obligations shall be read into this Indenture against the Indenture Trustee and (d) the Indenture Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 1 contract

Samples: Junior Subordinated Indenture (GW Capital Trust II)

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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 Parent Guarantor or by any noncompliance by the Issuer Parent Guarantor with the terms, provisions and covenants of this IndentureAgreement, regardless of any knowledge thereof any such holder may have or be otherwise charged with. With respect to the holders of Senior Indebtedness, (a) the duties and obligations of the Trustee shall be determined solely by the express provisions of this IndentureAgreement, (b) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this IndentureAgreement, (c) no implied covenants or obligations shall be read into this Indenture Agreement against the Trustee and (d) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 1 contract

Samples: Guaranty (Springleaf Holdings, Inc.)

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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 Company or by any noncompliance by the Issuer Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with. With respect to the holders of Senior Indebtedness, (a) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, (b) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (c) no implied covenants or obligations shall be read into this Indenture against the Trustee and (d) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 1 contract

Samples: Subordinated Indenture (Dillards Inc)

Rights of Holders of Senior Indebtedness Not Impaired. (a) No right of any present or future holder of any 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 Company or the Guarantor or by any noncompliance by the Issuer Company or the Guarantor with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with. . (b) With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, (bii) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (ciii) no implied covenants or obligations shall be read into this Indenture against the Trustee and (div) the Trustee shall not be deemed to be a fiduciary as to such holders.

Appears in 1 contract

Samples: Indenture (Citigroup Inc)

Rights of Holders of Senior Indebtedness Not Impaired. No right of any present or future holder of any 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 Corporation or by any noncompliance by the Issuer Corporation with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof which any such holder may have or be otherwise charged with. With respect to the holders of Senior Indebtedness, (ai) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, ; (bii) the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, ; (ciii) no implied covenants or obligations shall be read into this Indenture against the Trustee Trustee; and (div) the Trustee shall not be deemed to be a fiduciary as to such holdersholders of Senior Indebtedness.

Appears in 1 contract

Samples: Subordinated Indenture (Edison International)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!