Common use of Trustee and Agents May Hold Securities; Collections, etc Clause in Contracts

Trustee and Agents May Hold Securities; Collections, etc. The Trustee, any Paying Agent, Security Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities, with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar or such other agent and, subject to Trust Indenture Act Sections 310 and 311, may otherwise deal with the Company and receive, collect, hold and retain collections from the Company with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar or such other agent.

Appears in 45 contracts

Samples: Indenture (Geo MCF Lp, LLC), Indenture (Sonic Automotive Inc), Geo MCF Lp, LLC

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Trustee and Agents May Hold Securities; Collections, etc. The Trustee, any Paying Agent, Security any Securities Registrar or any other agent of the CompanyIssuer or the Trustee, in its individual or any other capacity, may become the owner or pledgee of SecuritiesSecurities or Coupons with the same rights it would have if it were not the Trustee or such agent and, subject to Sections 7.8 and 7.13, if operative, may otherwise deal with the Issuer and receive, collect, hold and retain collections from the Issuer with the same rights it would have if it were not the Trustee, Paying Agent, Security Securities Registrar or such other agent and, subject to Trust Indenture Act Sections 310 and 311, may otherwise deal with the Company and receive, collect, hold and retain collections from the Company with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar or such other agent.

Appears in 2 contracts

Samples: Indenture (Starwood Hotels & Resorts), Indenture (Sheraton Holding Corp)

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Trustee and Agents May Hold Securities; Collections, etc. The Trustee, any Paying Agent, Security Registrar Securities Registrar, Authenticating Agent or any other agent of the CompanyCompany or the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities, Securities with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar Trustee or such other agent agent, and, subject to Trust Indenture Act Sections 310 7.8 and 3117.13, if operative, may otherwise deal with the Company and receive, collect, hold and retain collections from the Company with the same rights it would have if it were not the Trustee, Paying Agent, Security Registrar Securities Registrar, Authenticating Agent or such other agent.

Appears in 1 contract

Samples: Idaho Power Co

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