Trustee May Enforce Claims Without Possession of Debt Securities. All rights of action and claims under this Indenture or the Debt Securities and the Coupons, if any, of any series may be prosecuted and enforced by the Trustee without the possession of any of such Debt Securities or Coupons or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name, as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Debt Securities or Coupons in respect of which such judgment has been recovered.
Appears in 10 contracts
Samples: Indenture (Harrahs Entertainment Inc), Indenture (Prison Realty Trust Inc), Indenture (Park Place Entertainment Corp)
Trustee May Enforce Claims Without Possession of Debt Securities. All rights of action and claims under this Indenture or the Debt Securities and the Coupons, if any, of any series or Guarantees set forth in this Indenture may be prosecuted and enforced by the Trustee without the possession of any of such Debt Securities or Coupons Guarantees or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name, as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Debt Securities or Coupons in respect of which such judgment has been recovered.
Appears in 3 contracts
Samples: Indenture (MRG Vegas Portal, Inc.), Indenture (Ramparts, Inc.), Indenture (MGM Mirage)
Trustee May Enforce Claims Without Possession of Debt Securities. All rights of action and claims under this Indenture or the Debt Securities and the Coupons, if any, of any series may be prosecuted and enforced by the Trustee without the possession of any of such Debt Securities or Coupons or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name, as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Debt Securities or Coupons in respect of which such judgment has been recovered.. 41
Appears in 2 contracts
Samples: Indenture (Hilton Hotels Corp), Indenture (Hilton Hotels Corp)
Trustee May Enforce Claims Without Possession of Debt Securities. All rights of action and claims under this Indenture or the Debt Securities and the or Coupons, if any, of any series may be prosecuted and enforced by the Trustee without the possession of any of such the Debt Securities or Coupons or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name, name as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counselcounsel (subject, with regard to the Company, to the provisions of Section 12.01), be for the ratable benefit of the Holders of the Debt Securities or and any holders of any Coupons in respect of which such judgment has been recovered.
Appears in 1 contract
Samples: Indenture (Axa)