Trustee May Deal in Debentures Sample Clauses

Trustee May Deal in Debentures. Subject to Sections 14.1 and 14.3, the Trustee may, in its personal or other capacity, buy, sell, lend upon and deal in the Debentures and generally contract and enter into financial transactions with the Corporation or otherwise, without being liable to account for any profits made thereby.
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Trustee May Deal in Debentures. In its personal capacity or any other capacity, the Trustee, and each Affiliate of the Trustee, may buy, sell, lend upon, become a pledgee of and deal in the Debentures and generally contract and enter into financial transactions with the Corporation and any Affiliate of the Corporation without being liable to account for any profits made thereby.
Trustee May Deal in Debentures. Subject to Section 12.2, the Trustee may, in its personal or other capacity, buy, sell, lend upon and deal in the Debentures and generally contract and enter into financial transactions with the Corporation or otherwise, without being liable to account for any profits made thereby.
Trustee May Deal in Debentures. The Trustees, in their individual or any other capacity, may become the owners or pledgees of Debentures and may otherwise deal with the Corporation or its affiliates with the same rights they would have if they were not the Trustees. Any paying agent, registrar or conversion agent may do the same with like rights. However, the Trustees are subject to Sections 310(b) and 311 of the Trust Indenture Act. For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act:
Trustee May Deal in Debentures. Subject to section 12.3 and to any applicable law, the Trustee may buy, sell, lend upon and deal in the Debentures or other securities of the Corporation, Bowater Canada or Bowater, either with the Corporation, Bowater Canada or Bowater or otherwise, and generally contract and enter into financial 29 26. transactions with the Corporation, Bowater Canada or Bowater or otherwise, without being liable to account for any profits made thereby.".
Trustee May Deal in Debentures. The Principal Indenture is hereby further amended by deleting section 12.5 thereof in its entirety and substituting therefor the following:
Trustee May Deal in Debentures. The Trustee may buy, sell, lend upon and deal in the Debentures, either with the Bank or otherwise, and generally contract and enter into financial transactions with the Bank or otherwise, without being liable to account for any profits made thereby.
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Related to Trustee May Deal in Debentures

  • Trustee, Paying Agent and Security Registrar May Hold Securities The Trustee, subject to certain limitations imposed by the TIA, or any paying agent or Security Registrar, 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 Trustee, paying agent or Security Registrar.

  • The Owner Trustee May Own Notes The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Notes. The Owner Trustee may deal with the Seller, the Indenture Trustee, the Administrator, the Underwriters and their respective Affiliates in banking transactions with the same rights as it would have if it were not the Owner Trustee, and the Seller, the Indenture Trustee, the Administrator, the Underwriters and their respective Affiliates may maintain normal commercial banking relationships with the Owner Trustee and its Affiliates.

  • Trustee May Own Certificates The Trustee in its individual or any other capacity may become the owner or pledgee of Certificates with the same rights as it would have if it were not the Trustee.

  • Owner Trustee May Own Certificates and Notes The Owner Trustee, in its individual or any other capacity, may become the owner or pledgee of Certificates or Notes and may deal with the Depositor, the Servicer, the Administrator and the Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

  • Trustee, Paying Agent or Registrar May Own Debt Securities The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA relating to conflicts of interest and preferential claims may otherwise deal with the Issuers with the same rights it would have if it were not Trustee, paying agent or Registrar.

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