Trust Indenture definition
Examples of Trust Indenture in a sentence
If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon the Notes), the Trustee shall be subject to §311(a) of the Trust Indenture Act (excluding any creditor relationship listed in §311(b) of the Trust Indenture Act) regarding the collection of claims against the Issuer (or any such other obligor).
If required by Section 313(a) of the Trust Indenture Act, the Trustee shall, within sixty (60) days after each July 15 following the date of this Indenture, deliver to Holders a brief report, dated as of such July 15, which complies with the provisions of such Section 313(a) (but if no event described in Section 313(a) has occurred within the twelve (12) months preceding the reporting date, no report need be transmitted).
Upon any application or request by the Issuer to the Trustee or the Collateral Agent to take or refrain from taking any action under any provision of this Indenture or the other Note Documents, the Issuer shall furnish to the Trustee or the Collateral Agent such certificates and opinions as may be required under the provisions of the Trust Indenture Act made a part of this Indenture and hereunder.
If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Act that is required under such Trust Indenture Act to be part of and govern this Indenture, the Trust Indenture Act provision shall control.
The Trustee shall transmit to Holders such reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture Act (including, without limitation, Sections 313(a), (b) and (c)) at the times and in the manner provided pursuant thereto.