Common use of When Treasury Securities Disregarded Clause in Contracts

When Treasury Securities Disregarded. In determining whether the Holders of the required aggregate principal amount of Securities of any series have concurred in any direction, waiver or consent, Securities of such series owned by the Company or by any Affiliate of the Company shall be disregarded and treated as not outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Securities of such series which the Trustee knows are so owned shall be so disregarded.

When Treasury Securities Disregarded. In determining whether the Holders of the required aggregate principal amount of Securities of any series a Series have concurred in any direction, waiver or consent, Securities of such series the Series owned by the Company or the Guarantor or by any Affiliate of person directly or indirectly controlling or controlled by or under direct or indirect common control with the Company or the guarantor shall be disregarded and treated as not outstandingdisregarded, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Securities of such series the Series which the Trustee knows are so owned shall be so disregarded.

When Treasury Securities Disregarded. In determining whether the Holders of the required aggregate principal amount of Securities of any series have concurred in any direction, waiver or consent, Securities of such series owned by the Company or by any Affiliate of the Company shall be disregarded and treated as not outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Securities of such series which the Trustee actually knows are so owned shall be so disregarded.

When Treasury Securities Disregarded. In determining whether the Holders holders of the required aggregate principal amount of Securities of any series have concurred in any direction, waiver or consent, Securities of such that series owned by the Company or by any an Affiliate of the Company shall be disregarded and treated considered as though they are not outstanding, outstanding except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Securities of such that series which the Trustee knows are so owned shall be so disregarded.

When Treasury Securities Disregarded. In determining whether the Holders of the required aggregate principal amount of Securities of any series have concurred in any direction, waiver or consent, Securities of such series owned by the Company or by any Affiliate of the Company shall be disregarded and treated as not outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Securities of such series which a Trust Officer of the Trustee actually knows are so owned shall be so disregarded.