Common use of Who May Be Deemed Owner of Debt Securities Clause in Contracts

Who May Be Deemed Owner of Debt Securities. Prior to due presentment for registration of transfer of any Debt Security, the Issuers, the Subsidiary Guarantors, the Trustee, any paying agent and any Registrar may deem and treat the Person in whose name any Debt Security shall be registered upon the books of the Issuers as the absolute owner of such Debt Security (whether or not such Debt Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and premium, if any, and (subject to Section 2.12) interest on such Debt Security and for all other purposes, and none of the Issuers, the Subsidiary Guarantors or the Trustee nor any paying agent nor any Registrar shall be affected by any notice to the contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debt Security.

Appears in 13 contracts

Samples: Indenture (EXLP Finance Corp.), Indenture (EXLP Leasing LLC), Indenture (Vanguard Natural Resources, LLC)

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Who May Be Deemed Owner of Debt Securities. Prior to due presentment for registration of transfer of any Debt Registered Security, the Issuers, the Subsidiary Guarantors, the Trustee, any paying agent and any Registrar may deem and treat the Person in whose name any Debt Registered Security shall be registered upon the books of the Issuers as the absolute owner of such Debt Registered Security (whether or not such Debt Registered Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and premium, if any, and (subject to Section 2.12) interest on such Debt Registered Security and for all other purposes, and none of neither the Issuers, the Subsidiary Guarantors or Issuers nor the Trustee nor any paying agent nor any Registrar shall be affected by any notice to the contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debt Registered Security.

Appears in 4 contracts

Samples: Senior Indenture (PNG Finance Corp.), PNG Finance Corp., Indenture (Plains All American Pipeline Lp)

Who May Be Deemed Owner of Debt Securities. Prior to the due presentment for registration of transfer of any Debt Security, each Issuer, the IssuersGuarantor, the Subsidiary Guarantors, the Trustee, any paying agent and any Registrar may deem and treat the Person in whose name any Debt Security shall be registered upon the books of the Issuers Debt Security Register as the absolute owner of such Debt Security (whether or not such Debt Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and premium, if any, and (subject to Section 2.122.17) interest on such Debt Security and for all other purposes, and none of the Issuers, the Guarantor or the Subsidiary Guarantors or nor the Trustee nor any paying agent nor any Registrar shall be affected by any notice to the contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debt Security.

Appears in 3 contracts

Samples: Indenture (Cloud Peak Energy Finance Corp.), Indenture (Cloud Peak Energy Finance Corp.), Cloud Peak Energy Resources LLC

Who May Be Deemed Owner of Debt Securities. Prior to due presentment for registration of transfer of any Debt Registered Security, the Issuers, the Subsidiary GuarantorsIssuer, the Trustee, any paying agent and any Registrar may deem and treat the Person in whose name any Debt Registered Security shall be registered upon the books of the Issuers Issuer as the absolute owner of such Debt Registered Security (whether or not such Debt Registered Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and premium, if any, and (subject to Section 2.12) interest on such Debt Registered Security and for all other purposes, and none of neither the Issuers, the Subsidiary Guarantors or Issuer nor the Trustee nor any paying agent nor any Registrar shall be affected by any notice to the contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debt Registered Security.

Appears in 2 contracts

Samples: MarkWest New Mexico LP, MarkWest New Mexico LP

Who May Be Deemed Owner of Debt Securities. Prior to due ------------------------------------------ presentment for registration of transfer of any Debt Registered Security, the Issuers, the Subsidiary Guarantors, the Trustee, any paying agent and any Registrar may deem and treat the Person in whose name any Debt Registered Security shall be registered upon the books of the Issuers as the absolute owner of such Debt Registered Security (whether or not such Debt Registered Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and premium, if any, and (subject to Section 2.12) interest on such Debt Registered Security and for all other purposes, and none of neither the Issuers, the Subsidiary Guarantors or Issuers nor the Trustee nor any paying agent nor any Registrar shall be affected by any notice to the contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debt Registered Security.

Appears in 1 contract

Samples: Plains All American Pipeline Lp

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Who May Be Deemed Owner of Debt Securities. Prior to due presentment for registration of transfer of any Debt Registered Security, the Issuers, the Subsidiary GuarantorsCompany, the Trustee, any paying agent and any Registrar may deem and treat the Person in whose name any Debt Registered Security shall be registered upon the books of the Issuers Company as the absolute owner of such Debt Registered Security (whether or not such Debt Registered Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and premium, if any, and (subject to Section 2.12) interest on such Debt Registered Security and for all other purposes, and none of neither the Issuers, the Subsidiary Guarantors or Company nor the Trustee nor any paying agent nor any Registrar shall be affected by 78 any notice to the contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debt Registered Security.

Appears in 1 contract

Samples: Sherwin Williams Co

Who May Be Deemed Owner of Debt Securities. Prior to due presentment for registration of transfer of any Debt Security, the Issuers, the Subsidiary GuarantorsPartnership, the Trustee, any paying agent and any Registrar may deem and treat the Person in whose name any Debt Security shall be registered upon the books of the Issuers Partnership as the absolute owner of such Debt Security (whether or not such Debt Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and premium, if any, and (subject to Section 2.122.03) interest on such Debt Security and for all other purposes, and none of neither the Issuers, the Subsidiary Guarantors or Partnership nor the Trustee nor any paying agent nor any Registrar shall be affected by any notice to the contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debt Security.

Appears in 1 contract

Samples: TCTM L P

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