Senior Subordinated Note Trustee definition

Senior Subordinated Note Trustee means the party named as such above until a successor replaces it in accordance with the applicable provisions of this Senior Subordinated Note Indenture and thereafter means the successor serving hereunder.

Senior Subordinated Note Trustee means State Street Bank and Trust Company in its capacity as trustee under the Senior Subordinated Note Indenture.

Senior Subordinated Note Trustee has the meaning specified in the Preliminary Statements.

Examples of Senior Subordinated Note Trustee in a sentence

• The Senior Subordinated Note Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Senior Subordinated Note Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the Company.

• Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company has caused CUSIP numbers to be printed on the Senior Subordinated Notes and the Senior Subordinated Note Trustee may use CUSIP numbers in notices of redemption as a convenience to Holders.

• The Senior Subordinated Note Trustee is also subject to Sections 7.10 and 7.11 hereof.

• The Senior Subordinated Note Trustee may make reasonable rules for action by or at a meeting of Holders.

• The Registrar and the Senior Subordinated Note Trustee may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and the Company may require a Holder to pay any taxes and fees required by law or permitted by the Senior Subordinated Note Indenture.

More Definitions of Senior Subordinated Note Trustee

Senior Subordinated Note Trustee means The Bank of New York until a succes- sor replaces it in accordance with the provisions of the Senior Subordinated Note Indenture and thereafter means such successor. "Senior Subordinated Notes" means the 9 1/4% Senior Subordinated Notes due 2006, as amended or supplemented from time to time pursuant to the terms of the Senior Subordinated Note Indenture. "Shelf Registration Statement" means the Shelf Registration Statement as de- fined in the Registration Rights Agreement. "Shipbuilding Distribution" has the meaning provided in the definition of "Transaction." "Standard & Poor's" means Standard & Poor's Corporation and its successors. "Stated Maturity" means (i) with respect to any debt security, the date spec- ified in such debt security as the fixed date on which the final installment of principal of such debt security is due and payable and (ii) with respect to any scheduled installment of principal of or interest on any debt security, the date specified in such debt security as the fixed date on which such in- stallment is due and payable. "Subsidiary" of any Person means (i) a corporation more than 50% of the out- standing Voting Stock of which is owned, directly or indirectly, by such Per- son or by one or more other Subsidiaries of such Person or by such Person and one or more other Subsidiaries thereof or (ii) any other Person (other than a corporation) in which such Person, or one or more other Subsidiaries of such Person or such Person and one or more other Subsidiaries thereof, directly or indirectly, has at least a majority ownership and voting power relating to the policies, management and affairs thereof. "Tenneco" means, prior to the Transaction, Tenneco Inc., a Delaware corpora- tion, to be renamed El Paso Tennessee Pipeline Co. following the Transaction. "Transaction" means the series of transactions pursuant to which (i) Tenneco and its subsidiaries, pursuant to the Distribution Agreement, restructure, di- vide and separate their various businesses and assets so that all of the as- sets, liabilities and operations of (A) their automotive parts, packaging and administrative service businesses ("Industrial Business") are owned and oper- ated by the New Tenneco, (B) their shipbuilding business ("Shipbuilding Busi- ness") are owned and operated by the Company and (C) the remaining existing and discontinued 19

Senior Subordinated Note Trustee to Include Paying Agent................................................... 98 Section 11.07. Subordination of Senior Subordinated Note Guaranties..... 98

Senior Subordinated Note Trustee. TO INCLUDE PAYING AGENT.

Senior Subordinated Note Trustee as used in this Article 11 shall in such case (unless the context shall otherwise require) be construed as extending to and including such Paying Agent within its meaning as fully and for all intents and purposes as if such Paying Agent were named in this Article 11 in place of the Senior Subordinated Note Trustee.

Senior Subordinated Note Trustee means First Union National Bank, in its --------------------------------- capacity as trustee under the Subordinated Note Indenture, and any successor trustee under such Subordinated Note Indenture.

Senior Subordinated Note Trustee shall have the meaning provided in the Recitals to this Agreement.

Senior Subordinated Note Trustee means First Union National Bank, in its capacity as trustee.