Common use of Upon Event of Default Occurring and Continuing, Trustee Clause in Contracts

Upon Event of Default Occurring and Continuing, Trustee. Shall Exercise Powers Vested In It, and Use Same Degree of Care and Skill In Their Exercise, as Prudent Individual Would Use................................................. 34 Section 7.02. Certain Rights of the Trustee........................................ 35

Appears in 2 contracts

Samples: Litchfield Capital Trust Ii, Litchfield Capital Trust Ii

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Upon Event of Default Occurring and Continuing, Trustee. Shall Exercise Powers Vested In It, and Use Same Degree of Care and Skill In Their Exercise, as Prudent Individual Would Use................................................. ......................................................... 34 Section 7.02. Certain Rights of the Trustee........................................ ............................... 35

Appears in 1 contract

Samples: Houston Industries Inc

Upon Event of Default Occurring and Continuing, Trustee. Shall Exercise Powers Vested In It, and Use Same Degree of Care and Skill In Their Exercise, as Prudent Individual Would Use................................................. ..................................... 34 Section 7.02. Certain Rights of the Trustee........................................ ............................ 35

Appears in 1 contract

Samples: Hi Trust Ii

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Upon Event of Default Occurring and Continuing, Trustee. Shall Exercise Powers Vested In It, and Use Same Degree of Care and Skill In Their Exercise, as Prudent Individual Would Use................................................. 34 Section 7.02. Certain Rights of the Trustee........................................ 35.............................................................25

Appears in 1 contract

Samples: Owens & Minor Trust I

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