Common use of Trustee May Deal with Other Parties Clause in Contracts

Trustee May Deal with Other Parties. Subject to any restrictions that may otherwise be imposed by Section 406 of ERISA or Section 4975(e) of the Internal Revenue Code, Trustee in its individual or any other capacity may deal with the other parties hereto (other than Transferor) and their respective affiliates, with the same rights as it would have if it were not Trustee.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Big Flower Press Holdings Inc), Pooling and Servicing Agreement (International Comfort Products Corp), Pooling and Servicing Agreement (International Comfort Products Corp)

AutoNDA by SimpleDocs

Trustee May Deal with Other Parties. Subject to any restrictions that may otherwise be imposed by Section 406 of ERISA or Section 4975(e) of the Internal Revenue Code, the Trustee in its individual or any other capacity may deal with the other parties hereto (other than TransferorNAFCO) and their respective affiliates, with the same rights as it would have if it were not the Trustee.

Appears in 2 contracts

Samples: Pooling and Administration Agreement (National Auto Finance Co Inc), Pooling and Administration Agreement (National Auto Finance Co Inc)

Trustee May Deal with Other Parties. Subject to any restrictions that may otherwise be imposed by Section 406 of ERISA or Section 4975(e) of the Internal Revenue Code, Trustee in its individual or any other capacity may deal with the other parties hereto (other than TransferorIssuer) and their respective affiliates, with the same rights as it would have if it were not Trustee.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Vertis Inc)

Trustee May Deal with Other Parties. Subject to any ----------------------------------- restrictions that may otherwise be imposed by Section 406 of ERISA or Section 4975(e) of the Internal Revenue Code, Trustee in its individual or any other capacity may deal with the other parties hereto (other than Transferor) and their respective affiliates, with the same rights as it would have if it were not Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Healthcare Financial Partners Inc)

Trustee May Deal with Other Parties. Subject to any restrictions that may otherwise be imposed by Section 406 of ERISA or Section 4975(e) of the Internal Revenue CodeIRC and/or the Trust Indenture Act (if applicable), Trustee the Trustee, in its individual or any other capacity capacity, may deal with the other parties hereto (other than Transferorthe Issuer) and their respective affiliates, affiliates with the same rights as it would have if it were not the Trustee.

Appears in 1 contract

Samples: Master Trust Indenture and Security Agreement (Sirrom Capital Corp)

AutoNDA by SimpleDocs

Trustee May Deal with Other Parties. Subject to any restrictions that may otherwise be imposed by Section 406 of ERISA or Section 4975(e) of the Internal Revenue CodeCode and/or the Trust Indenture Act (if applicable), Trustee the Trustee, in its individual or any other capacity capacity, may deal with the other parties hereto (other than Transferorthe Issuer) and their respective affiliates, affiliates with the same rights as it would have if it were not the Trustee.

Appears in 1 contract

Samples: Indenture and Security Agreement (Ag Services of America Inc)

Trustee May Deal with Other Parties. Subject to any restrictions that may otherwise be imposed by Section 406 of ERISA or Section 4975(e) of the Internal Revenue Code, Trustee in its individual or any other capacity may deal with the other parties hereto (other than Transferor) and their respective affiliatesAffiliates, with the same rights as it would have if it were not Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriserve Food Distribution Inc /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!