Common use of Trustee Not Fiduciary for Holders of Senior Clause in Contracts

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the Company. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 3 contracts

Samples: Indenture (Fs Equity Partners Iii Lp), Indenture (Blum Capital Partners Lp), Indenture (Cbre Holding Inc)

AutoNDA by SimpleDocs

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------- holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 2 contracts

Samples: Indenture (Telecorp Tritel Holding Co), Indenture (Telecorp PCS Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------- holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 2 contracts

Samples: Indenture (DR Sales Inc), Indenture (Glenoit Asset Corp)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyGuarantor. The Trustee shall not be deemed to owe any --------------------------- fiduciary ------------------------- duty to the holders of Senior Indebtedness of the Company any Guarantor and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of such Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 12 or otherwise.

Appears in 2 contracts

Samples: Indenture (Cbre Holding Inc), Indenture (Blum Capital Partners Lp)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------ holders of Senior Indebtedness of the Company or Sub Co-Issuer and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or Holders, the Company Company, Sub Co-Issuer or any other Person, money or assets to which any holders of Senior Indebtedness of the Company or Sub Co-Issuer shall be entitled by virtue of this Article 10 or otherwise.

Appears in 1 contract

Samples: Indenture (Armkel LLC)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------- holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 X or otherwise.

Appears in 1 contract

Samples: Indenture (Eagle Family Foods Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the Company. The Trustee shall --------------------------- not be deemed to owe any --------------------------- fiduciary duty to the holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Noteholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 1 contract

Samples: Indenture (Iron Age Corp)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------- holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Holders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 1 contract

Samples: Indenture (Commercial Aggregates Transportation & Sales LLC)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------ holders of Guarantor Senior Indebtedness or Senior Indebtedness of the Company and and, subject to Section 12.9, shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of Guarantor Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 XII or otherwise.

Appears in 1 contract

Samples: Indenture (Applied Business Telecommunications)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------ holders of Senior Indebtedness of the Company and and, subject to Section 10.9, shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 X or otherwise.

Appears in 1 contract

Samples: Indenture (Applied Business Telecommunications)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------ holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Noteholders or the Company Issuers or any other Person, money or assets to which any holders of Senior Indebtedness of either of the Company Issuers shall be entitled by virtue of this Article 10 X or otherwise.

Appears in 1 contract

Samples: Indenture (Advanced Glassfiber Yarus LLC)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------- holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall in good faith mistakenly pay over or distribute to Securityholders Holders of the Securities or coupons appertaining thereto or to the Company or to any other PersonPerson cash, money property or assets securities to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 1 contract

Samples: Indenture (National Service Industries Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. ------------ The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Holders of Securities or the Company or any other Person, money Person moneys or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 1 contract

Samples: Indenture (Analog Devices Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------- holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall in good faith mistakenly pay over or distribute to Securityholders Holders of Notes or to the Company or to any other PersonPerson cash, money property or assets securities to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 1 contract

Samples: Indenture (Afc Enterprises Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyNote Guarantors. The Trustee shall not be deemed to owe any --------------------------- ------------------------------- fiduciary duty to the holders of Senior Indebtedness of the Company any Note Guarantor and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Noteholders or the Company or any other Person, money or assets to which any holders of such Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 XII or otherwise.

Appears in 1 contract

Samples: Indenture (BGF Industries Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the Company. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of such Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 12 or otherwise.

Appears in 1 contract

Samples: Indenture (Chippac LTD)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------- holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 X or otherwise.

Appears in 1 contract

Samples: Indenture (21st Century Telecom Group Inc)

AutoNDA by SimpleDocs

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------ holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Holders of Subordinated Debt Securities or the Company Issuers or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 XIII or otherwise.

Appears in 1 contract

Samples: Subordinated Indenture (Plains All American Pipeline Lp)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------ holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Company Issuer or any other Person, money or assets to which any holders of Senior Indebtedness of the Company Issuer shall be entitled by virtue of this Article 10 or otherwise.

Appears in 1 contract

Samples: Indenture (Chippac LTD)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the Company. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Noteholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 X or otherwise.

Appears in 1 contract

Samples: Indenture (Graphic Packaging Corp)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------ holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Noteholders or the Company or any other Person, money person moneys or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 1 contract

Samples: Indenture (Emc Corp)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyNote Guarantors. The Trustee shall not be deemed to owe any --------------------------- ------------------------------- fiduciary duty to the holders of Senior Indebtedness of the Company any Note Guarantor and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Noteholders or the Company or any other Person, money or assets to which any holders of such Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 XII or otherwise.. -----------

Appears in 1 contract

Samples: Indenture (Global Imaging Systems Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------ holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Noteholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 X or otherwise.

Appears in 1 contract

Samples: Indenture (BGF Industries Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------ holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Noteholders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 X or otherwise.. ---------

Appears in 1 contract

Samples: Indenture (Global Imaging Systems Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyNote Guarantors. The Trustee shall not be deemed to owe any --------------------------- ------------------------------- fiduciary duty to the holders of Senior Indebtedness of the Company any Note Guarantor and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Noteholders or the Company Issuers or any other Person, money or assets to which any holders of such Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 XII or otherwise.

Appears in 1 contract

Samples: Indenture (Advanced Glassfiber Yarus LLC)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------- holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall in good faith mistakenly pay over or distribute to Securityholders Holders of Securities or to the Company or to any other PersonPerson cash, money property or assets securities to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 XII or otherwise.

Appears in 1 contract

Samples: Indenture (Xerox Corp)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee Trustee, in its capacity as trustee under this Indenture, ------------ shall not be deemed to owe any --------------------------- fiduciary duty to the holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall in good faith mistakenly pay over or distribute to Securityholders Holders of Securities or to the Company or to any other PersonPerson cash, money property or assets securities to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 or otherwise.

Appears in 1 contract

Samples: Indenture (Metris Companies Inc)

Trustee Not Fiduciary for Holders of Senior. Indebtedness of the CompanyIndebtedness. The Trustee shall not be deemed to owe any --------------------------- fiduciary duty to the ------------- holders of Senior Indebtedness of the Company and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders Holders of Subordinated Debt Securities or the Company or any other Person, money or 101 assets to which any holders of Senior Indebtedness of the Company shall be entitled by virtue of this Article 10 XII or otherwise.

Appears in 1 contract

Samples: Indenture (Chirex Inc)

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