Common use of Trustee May Enforce Rights Without Possession of Bonds Clause in Contracts

Trustee May Enforce Rights Without Possession of Bonds. All rights under this Indenture and the Bonds may be enforced by the Trustee without the possession of any Bonds or the production thereof at the trial or other proceedings relative thereto, and any proceeding instituted by the Trustee shall be brought in its name for the ratable benefit of the Registered Owners of the Bonds.

Appears in 12 contracts

Samples: Trust Indenture (York Water Co), Trust Indenture (York Water Co), Trust Indenture (York Water Co)

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Trustee May Enforce Rights Without Possession of Bonds. All rights under this the Indenture and the Bonds may be enforced by the Trustee without the possession of any Bonds or the production thereof at the trial or other proceedings relative thereto, and any proceeding instituted by the Trustee shall be brought in its name for the ratable benefit of the Registered Owners holders of the Bonds.

Appears in 2 contracts

Samples: Trust Indenture (Jersey Central Power & Light Co), Trust Indenture (Werner Holding Co Inc /Pa/)

Trustee May Enforce Rights Without Possession of Bonds. All rights under this Indenture and the Bonds may be enforced by the Trustee without the possession of any Bonds or the production thereof at the trial or other proceedings relative thereto, and any proceeding instituted by the Trustee shall be brought in its name for the ratable benefit of the Registered Owners Holders of the Bonds.

Appears in 1 contract

Samples: Indenture (Elite Pharmaceuticals Inc /De/)

Trustee May Enforce Rights Without Possession of Bonds. All ------------ ------------------------------------------------------ rights under this Indenture and the Bonds may be enforced by the Trustee without the possession of any Bonds or the production thereof at the trial or other proceedings relative thereto, and any proceeding proceedings instituted by the Trustee shall be brought in its name for the ratable benefit of the Registered Owners of the Bonds.

Appears in 1 contract

Samples: Trust Indenture (Vail Resorts Inc)

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Trustee May Enforce Rights Without Possession of Bonds. All rights under this the Indenture and the Bonds may be enforced by the Trustee without the possession of any Bonds or the production thereof at the trial or other proceedings relative thereto, and any proceeding instituted by the Trustee shall be brought in its name for the ratable benefit of the Registered Owners owners of the Bonds.

Appears in 1 contract

Samples: Trust Indenture (Spurlock Industries Inc)

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