Common use of ACTION ON THE RATED NOTES Clause in Contracts

ACTION ON THE RATED NOTES. The Trustee’s right to seek and recover judgment on the Rated Notes or under this Indenture shall not be affected by the seeking or obtaining of or application for any other relief under or with respect to this Indenture. Neither the lien of this Indenture nor any rights or remedies of the Secured Parties shall be impaired by the recovery of any judgment by the Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Collateral or upon any of the assets of the Issuer or the Co-Issuer.

Appears in 2 contracts

Samples: Indenture (Northstar Realty), Indenture (Northstar Realty)

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