Common use of Trustee, Paying Agent or Registrar May Own Debt Securities Clause in Contracts

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA relating to conflicts of interest and preferential claims may otherwise deal with the Issuers with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 51 contracts

Samples: Senior Indenture (Holly Energy Finance Corp.), Subordinated Indenture (Holly Energy Finance Corp.), Subordinated Indenture (SLC Pipeline LLC)

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Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Partnership with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 37 contracts

Samples: Indenture (EnLink Midstream Partners, LP), Indenture (EnLink Midstream Partners, LP), Indenture (EnLink Midstream Partners, LP)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 24 contracts

Samples: Indenture (ACRES Commercial Realty Corp.), Senior Debt Indenture (Rayonier Operating Co LLC), Indenture (RAIT Financial Trust)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA Trust Indenture Act relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 18 contracts

Samples: Indenture (Unit Corp), Indenture (Worthington Industries Inc), Indenture (Worthington Industries Inc)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities or Coupons and subject to the provisions of the TIA Trust Indenture Act relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 16 contracts

Samples: Indenture (Pioneer Natural Resources Co), Indenture (Pioneer Natural Resources Co), Indenture (Pioneer Natural Resources Co)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company with the same rights it would have if it were not Trustee, paying agent agent, or Registrar.

Appears in 6 contracts

Samples: Indenture (EnLink Midstream, LLC), Indenture (EnLink Midstream Partners, LP), Indenture (EnLink Midstream Partners, LP)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities or Coupons and subject to the provisions of the TIA relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company and the Guarantor with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 6 contracts

Samples: Indenture (Warren Resources of California Inc), Indenture (Warren Resources of California Inc), Indenture (Warren Resources of California Inc)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities or Coupons and subject to the provisions of the TIA relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 4 contracts

Samples: Indenture (Texas Capital Bancshares Inc/Tx), Indenture (American Oil & Gas Inc), Indenture (Enterprise Products Partners L P)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any authenticating agent or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and and, subject to the provisions of the TIA relating to conflicts of interest and preferential claims claims, may otherwise deal with the Issuers Partnership with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 4 contracts

Samples: Subordinated Indenture (MPLX Lp), Senior Indenture (MPLX Lp), Subordinated Indenture (MPLX Lp)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent Paying Agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and and, subject to the provisions of the TIA relating to conflicts of interest and preferential claims claims, may otherwise deal with the Issuers Partnership with the same rights it would have if it were not Trustee, paying agent Paying Agent or Registrar.

Appears in 3 contracts

Samples: Indenture (ONEOK Partners LP), Indenture (ONEOK Partners LP), Indenture (ONEOK Partners LP)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee Trustee, any Agent, or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA Trust Indenture Act relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Issuer or any Guarantor with the same rights it would have if it were not Trustee, paying agent or Registrar. However, the Trustee is subject to Sections 7.10 and 7.11.

Appears in 3 contracts

Samples: Indenture (Jacobs Solutions Inc.), Indenture (Jacobs Engineering Group Inc /De/), Indenture (Jacobs Engineering Group Inc /De/)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent Paying Agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Partnership with the same rights it would have if it were not Trustee, paying agent Paying Agent or Registrar.

Appears in 2 contracts

Samples: Indenture (Northern Border Partners Lp), Indenture (Northern Border Partners Lp)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA Trust Indenture Act relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company or BFC with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 2 contracts

Samples: Indenture (H&r Block Inc), Indenture Agreement (H&r Block Inc)

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Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Issuer with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 2 contracts

Samples: Indenture (Seadrill Partners LLC), Indenture (Seadrill Partners LLC)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any authenticating agent or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and and, subject to the provisions of the TIA relating to conflicts of interest Sections 7.10 and preferential claims 7.11, may otherwise deal with the Issuers Issuer with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 2 contracts

Samples: Indenture (MPLX Operations LLC), Subordinated Indenture (MPLX Operations LLC)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA Trust Indenture Act relating to conflicts of interest and preferential claims may otherwise deal with the Issuers with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 1 contract

Samples: Indenture (Eott Energy Canada Lp)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA Trust Indenture Act relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company with the same rights it would have if it were not the Trustee, paying agent or Registrar.

Appears in 1 contract

Samples: Indenture (Luminent Mortgage Capital Inc)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee Trustee, any Agent, or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA Trust Indenture Act relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company with the same rights it would have if it were not Trustee, paying agent or Registrar. However, the Trustee is subject to Sections 7.10 and 7.11.

Appears in 1 contract

Samples: Indenture (Quanta Services, Inc.)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent or 72 63 Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA Trust Indenture Act relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company with the same rights it would have if it were not Trustee, paying agent or Registrar.

Appears in 1 contract

Samples: Indenture (Sherwin Williams Co)

Trustee, Paying Agent or Registrar May Own Debt Securities. The Trustee or any paying agent Paying Agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities or Coupons and subject to the provisions of the TIA Trust Indenture Act relating to conflicts of interest and preferential claims may otherwise deal with the Issuers Company with the same rights it would have if it were not Trustee, paying agent Paying Agent or Registrar.

Appears in 1 contract

Samples: Indenture (Snyder Oil Corp)

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