Common use of The Guarantee Trustee May Own Preferred Securities Clause in Contracts

The Guarantee Trustee May Own Preferred Securities. The Guarantee Trustee, in its individual or any other capacity, may become the owner or pledgee of Preferred Securities and may otherwise deal with the Guarantor with the same rights it would have if it were not the Guarantee Trustee.

Appears in 11 contracts

Samples: Guarantee Agreement (Centex Corp), Guarantee Agreement (Iron Mountain Records Management Inc), Guarantee Agreement (Goodyear Capital Trust I)

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The Guarantee Trustee May Own Preferred Securities. The Guarantee Trustee, in its individual or any other capacity, may become the owner or pledgee of Preferred Securities and may otherwise deal with the Guarantor with the same rights it would have if it were not the Guarantee Trustee.

Appears in 2 contracts

Samples: Guarantee Agreement (Pogo Trust Ii), Guarantee Agreement (Pogo Producing Co)

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The Guarantee Trustee May Own Preferred Securities. The Guarantee Trustee, in its individual or any other capacity, may become the owner or pledgee of Preferred Securities and and, subject to the provisions of Section 4.1, may otherwise deal with the Guarantor with the same rights it would have if it were not the Guarantee Trustee.

Appears in 2 contracts

Samples: Guarantee Agreement (Marathon Financing Trust I), Guarantee Agreement (Conoco Inc /De)

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