Common use of Trustee May Hold Bonds Clause in Contracts

Trustee May Hold Bonds. The Trustee and its officers and directors may acquire and hold, or become the pledgee of Bonds and otherwise deal with the Issuer and the Borrower in the manner and to the same extent and like effect as though it were not Trustee hereunder.

Appears in 2 contracts

Samples: Trust Indenture, Trust Indenture

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Trustee May Hold Bonds. The Trustee and its officers and directors may acquire and hold, or become the pledgee pledgees of Bonds and otherwise may deal with the Issuer and the Borrower in the same manner and to the same extent and with like effect as though it were not Trustee hereunder.

Appears in 2 contracts

Samples: Trust Indenture, Trust Indenture

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Trustee May Hold Bonds. The Trustee and its officers and directors may acquire and hold, or become the pledgee of Bonds and otherwise deal with the Issuer and the Borrower Company in the same manner and to the same extent and with like effect as though it were not Trustee hereunder.

Appears in 1 contract

Samples: Trust Indenture (Sleepmaster LLC)

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