Rights Under Loan Agreement. The Issuer agrees that the Trustee in its name or in the name of the Issuer may enforce all rights of the Issuer and all obligations of the Borrower under and pursuant to the Loan Agreement for and on behalf of the Bondholders, whether or not the Issuer is in default hereunder.
Appears in 4 contracts
Samples: Trust Indenture, Trust Indenture, Trust Indenture
Rights Under Loan Agreement. The Issuer agrees that the Trustee Holders in its name their names or in the name of the Issuer may enforce all rights of the Issuer and all obligations of the Borrower under and pursuant to this Agreement (except for the Loan Agreement Unassigned Issuer’s Rights) for and on behalf of the BondholdersHolders, whether or not the Issuer is in default hereunder.
Appears in 1 contract
Samples: Bond Purchase and Loan Agreement (Franklin Electric Co Inc)
