Common use of TRUSTEE AS HOLDER OF SENIOR INDEBTEDNESS OF THE COMPANY Clause in Contracts

TRUSTEE AS HOLDER OF SENIOR INDEBTEDNESS OF THE COMPANY. The Trustee shall be entitled to all rights set forth in this Article with respect to any Senior Indebtedness of the Company at any time held by it, to the same extent as any other holder of Senior Indebtedness of the Company. Nothing in this Article shall deprive the Trustee of any of its rights as such holder.

Appears in 8 contracts

Samples: Subordinated Indenture (Southwestern Electric Power Co), Subordinated Indenture (American Electric Power Co Inc), Subordinated Indenture (Aep Capital Trust Iii)

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TRUSTEE AS HOLDER OF SENIOR INDEBTEDNESS OF THE COMPANY. The Trustee shall be entitled to all rights set forth in this Article with respect to any Senior Indebtedness of the Company at any time held by it, to the same extent as any other holder of Senior Indebtedness of the Company. Nothing in this Article shall deprive the Trustee of any of its rights as such holder. Nothing in this Article shall apply to claims of, or payments to, the Trustee under or pursuant to Section 9.7.

Appears in 1 contract

Samples: Junior Subordinated Indenture (Infinity Capital Trust I)

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