Common use of Trustee May Enforce Claims Without Possession of Securities Clause in Contracts

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 in respect of which such judgment has been recovered.

Appears in 9 contracts

Samples: Indenture (Pp&l Capital Funding Inc), Subordinated Indenture (Pp&l Capital Funding Trust I), Subordinated Indenture (American Electric Power Co Inc)

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Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees Guarantee endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 in respect of which such judgment has been recovered.

Appears in 7 contracts

Samples: Indenture (Texas Utilities Co /Tx/), Indenture (Txu Europe Funding I L P), Indenture (Texas Utilities Co /Tx/)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 counselCounsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Appears in 7 contracts

Samples: Indenture (Teco Energy Inc), Indenture (Tampa Electric Co), Indenture (Teco Energy Inc)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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, and each predecessor Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Appears in 7 contracts

Samples: Convertible Subordinated Notes Agreement (America Online Inc), Convertible Notes Agreement (Rite Aid Corp), Indenture (Aspen Technology Inc /De/)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, and Security Guarantee or any of the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 Securities in respect of which such judgment has been recovered.

Appears in 6 contracts

Samples: Indenture (Bugaboo Creek Holdings Inc), Indenture (Friedmans Management Corp), Indenture (Friedmans Management Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee to the fullest extent permitted by law without the possession of any of the Securities 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 Securities in respect of which such judgment has been recovered.

Appears in 6 contracts

Samples: Indenture (Chevron Funding Corp), Indenture (Chevrontexaco Corp), Indenture (Chevron Canada Capital Co)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, the Securities or the Security Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 Securities in respect of which such judgment has been recovered.

Appears in 4 contracts

Samples: Indenture (Maverick Tube Corporation), Subordinated Indenture (Beckman Coulter Inc), Indenture (Maverick Tube Corporation)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities [if applicable, insert – or the Guarantees endorsed thereon any Guarantee] may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 Securities in respect of which such judgment has been recovered.

Appears in 4 contracts

Samples: Indenture (EP Energy LLC), Indenture (EP Energy LLC), Indenture (Beta Operating Company, LLC)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon Coupons may be prosecuted and enforced by the Trustee without the possession of any of the 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 Securities and Coupons in respect of which such judgment has been recovered.

Appears in 3 contracts

Samples: Indenture (Newell Co), Indenture (Transalta Corp), Indenture (Newell Co)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon of any series may be prosecuted and enforced by the Trustee without the possession of any of the those Securities 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 Trustee and each predecessor Trustee and their respective agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Appears in 3 contracts

Samples: Indenture (Pentegra Dental Group Inc), Indenture (American Residential Services Inc), Indenture (Innovative Valve Technologies Inc)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities securities 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 trusttrust in favor of the Holders, and any recovery of judgment shall, after provision for the payment of the reasonable compensationcompensation to, and expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Appears in 3 contracts

Samples: Indenture (Price Communications Corp), Indenture (Montgomery Cellular Telephone Co Inc), Indenture (Price Communications Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 and, subject to the provisions of Article Fifteen hereof, 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 Securities in respect of which such judgment has been recovered.

Appears in 3 contracts

Samples: Indenture (Xo Communications Inc), Indenture (Xo Communications Inc), Indenture (Xo Communications Inc)

Trustee May Enforce Claims Without Possession of Securities. All Subject to the terms of the Intercreditor Agreement, all rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 Securities in respect of which such judgment has been recovered.

Appears in 3 contracts

Samples: Indenture (Texas Unwired), Indenture (Texas Unwired), Indenture (Rural Cellular Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the 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 Securities in respect of which such judgment has been recovered.

Appears in 3 contracts

Samples: Senior Indenture (Sempra Energy), Senior Indenture (Sempra Energy Global Enterprises), Senior Indenture (Sempra Energy Global Enterprises)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in it its own name as trustee of an express trusttrust in favor of the Holders, and any recovery of judgment shall, after provision for the payment of the reasonable compensationcompensation to, and reasonable expenses, disbursements disbursement and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Platinum Technology Inc), Indenture (Platinum Technology Inc)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture (including the amounts provided for in Section 6.7) or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 Securities in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Medarex Inc), Indenture (Medarex Inc)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, the Securities Indenture or the Notes or the Subsidiary Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities Notes or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall will be brought in its own name and as trustee of an express trust, and any recovery of judgment shallwill, 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 Notes in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Intercreditor, Security and Collateral Agency Agreement (Abraxas Petroleum Corp), Indenture (Mission Resources Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any -44- 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 Securities in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (St Paul Companies Inc /Mn/), Indenture (St Paul Companies Inc /Mn/)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, or on the Securities or the Guarantees Guaranties endorsed thereon thereon, may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Dqe Capital Corp), Indenture (Dqe Capital Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon Subsidiary Guarantees, if any, may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name and 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 Securities in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Nuevo Energy Co), Indenture (Nuevo Energy Co)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (FPL Group Capital Inc), Indenture (FPL Group Inc)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Grand Court Lifestyles Inc), Indenture (Grand Court Lifestyles Inc)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims arising under this Indenture, the Indenture or Securities or the Subsidiary Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name and 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 Securities in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Brazos Sportswear Inc /De/), Indenture (Egan Hub Partners Lp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Indenture Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Indenture 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 Indenture Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Prime Group Realty Trust), Indenture (Prime Group Realty Trust)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, the Securities Securities, the Guarantee Agreement or the Guarantees endorsed thereon Guarantee may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 Securities in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Burlington Resources Finance Co), Indenture (Burlington Resources Inc)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities [if applicable, insert β€” or the Guarantees endorsed thereon any Guarantee] may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 Securities in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Burleson Water Resources, LLC), Indenture (Burleson Water Resources, LLC)

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Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 counsel, be for the ratable benefit of the Holders of the Securities or any coupons in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Northwest Airlines Inc /Mn), Indenture (Northwest Airlines Inc /Mn)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee 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 Securities in respect of which such judgment has been recovered.

Appears in 2 contracts

Samples: Indenture (Boise Cascade Trust Iii), Indenture (Boise Cascade Trust Iii)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 40 advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Mercury General Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, the Securities Indenture or the Guarantees endorsed thereon Notes may be prosecuted and enforced by the Trustee without the possession of any of the Securities Notes 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 in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Community Health Systems Inc/)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name and 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 Securities in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Bell Atlantic Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or any of the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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, Trustee and its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Terra Capital Group)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name and 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 in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (United Stationers Supply Co)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, the Indenture or Securities or the Subsidiary Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name and 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 Securities in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Willcox & Gibbs Inc /De)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 in respect of which such judgment has been recovered.. 49 -42-

Appears in 1 contract

Samples: Indenture (Texas Utilities Electric Co)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the -29- 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 Securities in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Paramount Resources LTD)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities 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 TrusteeTrustee under Section 10.07, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture of Mortgage and Deed of Trust (Aquila Inc)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Subsidiary Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall will be brought in its own name and as trustee of an express trust, and any recovery of judgment shallwill, 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 Securities in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Pan American Energy Finance Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon coupons may be prosecuted and enforced by the Trustee without the possession of any of the 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 Securities and Coupons in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Transalta Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or coupons or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the 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 Securities and coupons in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Encana Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee. The Trustee will retain such enforcement rights without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any . 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 Securities in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Levitt Corp)

Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture, Indenture or any of the Securities or the Guarantees endorsed thereon may be prosecuted and enforced by the Trustee without the possession of any of the Securities or 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 Securities or Guarantees in respect of which such judgment has been recovered.

Appears in 1 contract

Samples: Indenture (Amb Property Corp)

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