Common use of Security Trustee May Hold Senior Indebtedness Clause in Contracts

Security Trustee May Hold Senior Indebtedness. The Security Trustee is entitled to all the rights set forth in this Article 3 with respect to any Senior Indebtedness at the time held by it, to the same extent as any other holder of Senior Indebtedness, and nothing in this Guarantee deprives the Security Trustee of any of its rights as such holder.

Appears in 22 contracts

Samples: Guarantee (Brookfield Renewable Partners L.P.), Guarantee (Brookfield Renewable Corp), Guarantee (Brookfield Renewable Partners L.P.)

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Security Trustee May Hold Senior Indebtedness. The Security Trustee is entitled to all the rights set forth in this Article 3 with respect to any Senior Indebtedness at the time held by it, to the same extent as any other holder of Senior Indebtedness, and nothing in this Guarantee deprives the Security Trustee of any of its rights as such holder.. [GUARANTEE INDENTURE FOR SERIES 5 SHARES]

Appears in 1 contract

Samples: Guarantee (Brookfield Renewable Energy Partners L.P.)

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Security Trustee May Hold Senior Indebtedness. The Security Trustee is entitled to all the rights set forth in this Article 3 with respect to any Senior Indebtedness at the time held by it, to the same extent as any other holder of Senior Indebtedness, and nothing in this Guarantee deprives the Security Trustee of any of its rights as such holder.. [GUARANTEE INDENTURE FOR SERIES 10 PREFERRED LP UNITS]

Appears in 1 contract

Samples: Guarantee (Brookfield Renewable Partners L.P.)

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