Common use of Rights of Trustee as Holder of Senior Debt Clause in Contracts

Rights of Trustee as Holder of Senior Debt. The Trustee in its individual capacity shall be entitled to all the rights set forth in this Article with respect to any Senior Debt which may at any time be held by it, to the same extent as any other holder of Senior Debt, and nothing in this Indenture shall deprive the Trustee of any of its rights as such holder.

Appears in 12 contracts

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

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Rights of Trustee as Holder of Senior Debt. The Trustee in its individual capacity shall be entitled to all the rights set forth in this Article with respect to any Senior Debt which may at any the time be held by it, to the same extent as any other holder of Senior Debt, and ; PROVIDED that nothing in this Indenture Article shall deprive the Trustee of any of its rights as such holderholder and PROVIDED FURTHER that nothing in this Article shall apply to claims of, or payments to, the Trustee under or pursuant to Section 607.

Appears in 1 contract

Samples: Indenture (Wells Fargo & Co/Mn)

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Rights of Trustee as Holder of Senior Debt. The Trustee in its individual capacity shall be entitled to all the rights set forth in this Article with respect to any Senior Debt which may at any the time be held by it, to the same extent as any other holder of Senior Debt, and ; provided that nothing in this Indenture Article shall deprive the Trustee of any of its rights as such holderholder and, provided, further that nothing in this Article shall apply to claims of, or payments to, the Trustee under or pursuant to Section 607.

Appears in 1 contract

Samples: Indenture (Bremer Financial Corporation)

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