Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 30 contracts
Samples: Indenture (Continental Resources, Inc), Indenture (Continental Resources, Inc), Indenture (Continental Resources, Inc)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall shall, in the exercise such of the its rights and powers vested in it by under this Indenture, and use the same degree of care and skill in its exercise, exercise of such rights and powers as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs, subject to the provisions of clause (h) below.
Appears in 29 contracts
Samples: Indenture (Axalta Coating Systems Ltd.), Indenture (Mastec Inc), Indenture (Allison Transmission Holdings Inc)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, such exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s 's own affairs.
Appears in 29 contracts
Samples: Indenture (Ames True Temper, Inc.), Esterline Technologies Corp, Ames True Temper, Inc.
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to a Responsible Officer of the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 16 contracts
Samples: Indenture (Six Flags Entertainment Corp), Indenture (Six Flags Entertainment Corp), Indenture (Peabody Energy Corp)
Duties of Trustee. (a) If an Event of Default which the Trustee has, or is deemed to have, notice hereunder has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 15 contracts
Samples: Execution Version, Execution Version, Execution Version
Duties of Trustee. (a) If an Event of Master Servicer Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Agreement and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 14 contracts
Samples: Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2007-A), Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2006-A), Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2006-D)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall shall, in the exercise such of the rights and powers vested in it by this Indentureits power, and use the same degree of care and skill in its exercise, as of a prudent person would exercise or use under the in similar circumstances in the conduct of such person’s his own affairs.
Appears in 13 contracts
Samples: Indenture (Match Group, Inc.), Indenture (Match Group, Inc.), Indenture (Match Group, Inc.)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by under this Indenture, and use the same degree of care and skill in its their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s its own affairs.
Appears in 13 contracts
Samples: Indenture (Alliance Data Systems Corp), Indenture (Alliance Data Systems Corp), Bread Financial Holdings, Inc.
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing of which a Responsible Officer of the TrusteeTrustee has knowledge, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, as a prudent person man would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 13 contracts
Samples: Supplemental Indenture (Apcoa Inc), Supplemental Indenture (Ameriserve Transportation Inc), Supplemental Indenture (Century Parking Inc)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person man would exercise or use under the same circumstances in the conduct of such person’s his own affairs.
Appears in 12 contracts
Samples: Indenture (Sandhills Inc), Indenture (MMH Holdings Inc), Indenture (Aircraft Service International Inc)
Duties of Trustee. (a) If an Event of Default with respect to any Series of Securities has occurred and is continuing, and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 11 contracts
Samples: Indenture (Clearway Energy LLC), Indenture (Clearway Energy, Inc.), Indenture (Clearway Energy, Inc.)
Duties of Trustee. (a) If an Event of Default has ----------------- occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person Person would exercise or use under the circumstances in the conduct of such person’s Person's own affairs.
Appears in 11 contracts
Samples: Indenture (Fs Equity Partners Iii Lp), Sailors Inc, Applied Business Telecommunications
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to a Responsible Officer of the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 11 contracts
Samples: Indenture (Organon & Co.), Indenture (Cano Health, Inc.), Indenture (Healthcare Royalty, Inc.)
Duties of Trustee. (a) If an Event of Default has occurred (and is continuing, and is actually known to the Trusteehas not been cured), the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 11 contracts
Samples: Indenture (Uniti Group Inc.), Indenture (Uniti Group Inc.), Indenture (Uniti Group Inc.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 10 contracts
Samples: Indenture (Pactiv Evergreen Inc.), Intercreditor Agreement (MICROSTRATEGY Inc), Passu Intercreditor Agreement (CPI Card Group Inc.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing of which a Trust Officer of the TrusteeTrustee has actual knowledge, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, exercise as a prudent person man would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 9 contracts
Samples: Indenture (Sealed Air Corp/De), Indenture (Sealed Air Corp/De), Indenture (Sealed Air Corp/De)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known subject to any direction received by the Trusteerequisite Holders, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 9 contracts
Samples: Equinix Europe (Equinix Europe 2 Financing Corp LLC), Indenture (SMART Global Holdings, Inc.), Indenture (Tetralogic Pharmaceuticals Corp)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing of which a Trust Officer of the TrusteeTrustee has actual knowledge, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 9 contracts
Samples: Indenture (InterXion Holding N.V.), Indenture (InterXion Holding N.V.), Indenture (Hungarian Telephone & Cable Corp)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the same circumstances in the conduct of such person’s his or her own affairs.
Appears in 9 contracts
Samples: Indenture (Trilogy International Partners Inc.), Supplemental Indenture (Trilogy International Partners Inc.), Indenture (ER Marks, Inc.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and continuing (which is actually known to the Trustee), the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 9 contracts
Samples: Indenture (Azul Sa), Indenture (Viasat Inc), Indenture (Diamond Offshore Drilling, Inc.)
Duties of Trustee. (a) If an Event of Default with respect to the Securities of any series has occurred and is continuing, and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 9 contracts
Samples: Indenture (Care Capital Properties, LP), Indenture (Care Capital Properties, LP), Indenture (Ventas Inc)
Duties of Trustee. (a) If an Event of Default actually known or notified in writing to a Trust Officer of the Trustee has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 8 contracts
Samples: Third Lien Intercreditor Agreement (Frontier Communications Parent, Inc.), Third Lien Intercreditor Agreement (Frontier Communications Parent, Inc.), Initial Agreement (Frontier Communications Corp)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the same circumstances in the conduct of such person’s 's own affairs.
Appears in 8 contracts
Samples: Indenture (Norske Skog Canada LTD), Indenture (Norske Skog Canada LTD), Indenture (Norske Skog Canada LTD)
Duties of Trustee. (a) If to the knowledge of the Trustee an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 8 contracts
Samples: Indenture (Citadel Broadcasting Corp), Citadel Broadcasting Corp, Sina Corp
Duties of Trustee. (a) If an Event of Default has occurred occurred, has not been waived and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 8 contracts
Samples: Indenture (Broadcom Inc.), Indenture (Broadcom Inc.), Indenture (Broadcom Inc.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing of which a Trust Officer of the TrusteeTrustee has actual knowledge, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 8 contracts
Samples: Indenture (Norwegian Cruise Line Holdings Ltd.), Indenture (Carnival PLC), Indenture (Norwegian Cruise Line Holdings Ltd.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exerciseexercise of such rights and powers, as a prudent person would exercise or use under the circumstances in the conduct of such person’s 's own affairs.
Appears in 8 contracts
Samples: Pledge Agreement (Pg&e National Energy Group Inc), Pledge Agreement (Pg&e National Energy Group Inc), Pledge Agreement (Pg&e National Energy Group Inc)
Duties of Trustee. (a) If an Event of Default with respect to any series of Securities has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise with respect to Securities of such of the series such rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, such exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 7 contracts
Samples: Zion Oil & Gas Inc, Zion Oil & Gas Inc, Orgenesis Inc.
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person Person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 7 contracts
Samples: Indenture (Ladder Capital Corp), Indenture (Restaurant Brands International Inc.), Indenture (Restaurant Brands International Limited Partnership)
Duties of Trustee. (a) If an Event of Default of which the Trustee has knowledge has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s his or her own affairs.
Appears in 7 contracts
Samples: Schulman a Inc, Indenture (Ashland Inc.), Toys R Us Property Co II, LLC
Duties of Trustee. (a) If an Event of Default has occurred occurred, of which the Trustee is deemed to have notice, and is continuing, and is actually known to the Trustee, the Trustee shall may exercise such of the rights and powers vested in it by this Indenture, Indenture and shall use the same degree of care and skill in its exercise, exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 7 contracts
Samples: First Supplemental Indenture (GMX Resources Inc), Intercreditor Agreement (GMX Resources Inc), Indenture (GMX Resources Inc)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall will, in the exercise such of the its rights and powers vested in it by under this Indenture, and use the same degree of care and skill in its exercise, exercise of such rights and powers as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs, subject to the provisions of clause (h) below.
Appears in 6 contracts
Samples: Indenture (Leslie's, Inc.), Guarantors (Neiman Marcus Group LTD LLC), Neiman Marcus Group LTD LLC
Duties of Trustee. (a) If an Event of Default known to the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s his or her own affairs, subject however to Section 10.11(j) hereof.
Appears in 6 contracts
Samples: Intercreditor Agreement (Erickson Air-Crane Inc.), Intercreditor Agreement (Headwaters Inc), Indenture (Nortek Inc)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing of which a Responsible Officer of the TrusteeTrustee has received written notice, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 6 contracts
Samples: Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD)
Duties of Trustee. (a) If an Event of Default with respect to the Notes of any series has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 5 contracts
Samples: Base Indenture (Dell Technologies Inc.), Base Indenture (Dell Technologies Inc), Base Indenture (Symantec Corp)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, at such time as the Trustee has actual knowledge thereof, shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person man would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 5 contracts
Samples: Indenture (Lexington Precision Corp), Indenture (Lexington Precision Corp), Lexington Precision Corp
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to a Responsible Officer of the TrusteeTrustee has received written notification thereof, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 5 contracts
Samples: Indenture (Qorvo, Inc.), Indenture (Qorvo, Inc.), Indenture (Qorvo, Inc.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to a Responsible Officer of the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this IndentureIndenture and the Security Documents, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 5 contracts
Samples: Indenture (Target Hospitality Corp.), Williams Scotsman (WillScot Mobile Mini Holdings Corp.), Supplemental Indenture (Target Hospitality Corp.)
Duties of Trustee. (a) If an Event of Default known to the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 5 contracts
Samples: Nextera Energy Partners, Lp, Nextera Energy Partners, Lp, Indenture (NRG Yield, Inc.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trusteea Responsible Officer has actual knowledge thereof, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 5 contracts
Samples: Indenture (Watford Holdings Ltd.), Indenture (Latam Airlines Group S.A.), Indenture (Latam Airlines Group S.A.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s his or her own affairs.
Appears in 5 contracts
Samples: Indenture (Clean Harbors Inc), Clean Harbors Inc, Indenture (Clean Harbors Inc)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and it is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 5 contracts
Samples: Sunoco, LLC, Landmark Infrastructure Finance Corp., Form of Indenture (LD Acquisition Co 7 LLC)
Duties of Trustee. (a) If an Event of Default known to the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 5 contracts
Samples: Credit Agreement (Republic Engineered Steels Inc), Jorgensen Earle M Co /De/, Navistar Financial Corp
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known continuing with respect to the Trusteeany series of Notes, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 4 contracts
Samples: Indenture (Hilton Worldwide Holdings Inc.), Indenture (Hilton Worldwide Holdings Inc.), Indenture (Hilton Worldwide Holdings Inc.)
Duties of Trustee. (a) If an Event of Default of which the Trustee has knowledge has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 4 contracts
Samples: Indenture (Oasis Interval Ownership, LLC), Indenture (Solectron Corp), Indenture (TWC Holding Corp.)
Duties of Trustee. (a) If an Event of Default with respect to the Securities of any series has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 4 contracts
Samples: Indenture (West Virginia Management Services Organization, Inc.), Indenture (Omnicare Inc), Lifepoint Health, Inc.
Duties of Trustee. (a) If an Event of Default with respect to the Securities of any series has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s 's own affairs.
Appears in 4 contracts
Samples: Indenture (NCS of Illinois Inc), Indenture (NCS of Illinois Inc), Ail Technologies Inc
Duties of Trustee. (a) If an Event of Default of which the Trustee has knowledge has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s its own affairs.
Appears in 4 contracts
Samples: Indenture (Douglas Dynamics, Inc), Indenture (Douglas Dynamics, Inc), Indenture (CSK Auto Corp)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person man would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 4 contracts
Samples: Indenture (Sanchez Energy Corp), Indenture (Summit Midstream Partners, LP), Supplemental Indenture (Summit Midstream Partners, LP)
Duties of Trustee. (a) If an Event of Default actually known to a Trust Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person Person would exercise or use under the circumstances in the conduct of such person’s Person's own affairs.
Appears in 4 contracts
Samples: Indenture (Healthsouth Corp), Supplemental Indenture (Ifco Systems Nv), Indenture (Healthsouth Corp)
Duties of Trustee. (a) If an Event of Default of which a Responsible Officer of the Trustee has actual knowledge has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its their exercise, as a prudent person man would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 4 contracts
Samples: Indenture (CVS Caremark Corp), Indenture (CVS Corp), Indenture (CVS Corp)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trusteea Responsible Officer has received written notification thereof, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 4 contracts
Duties of Trustee. (a) If an Event of Default of which a Responsible Officer has knowledge has occurred and is continuing, and is actually known continuing with respect to the Trusteeany Series of Securities, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise thereof as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 4 contracts
Samples: Indenture (Healthpeak OP, LLC), Physicians Realty L.P., Physicians Realty L.P.
Duties of Trustee. (a) If an Event of Default of which the Trustee is deemed to have notice in accordance with Section 7.02(f) has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 4 contracts
Samples: Indenture (Quebecor Media Inc), Indenture (Quebecor Media Inc), Indenture (Quebecor Media Inc)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing (of which a Responsible Officer of the TrusteeTrustee has received written notice or has actual knowledge), the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 4 contracts
Samples: Indenture (Vivint Smart Home, Inc.), Indenture (APX Group Holdings, Inc.), Indenture (APX Group Holdings, Inc.)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the same circumstances in the conduct of such person’s own affairs.
Appears in 4 contracts
Samples: Indenture (Catalyst Paper Corp), Satisfaction and Discharge (Catalyst Paper Corp), Indenture (Ipsco Inc)
Duties of Trustee. (a) If an Event of Default has bas occurred and is continuing, and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 4 contracts
Samples: Indenture (Sunoco LP), Indenture (Sunoco LP), Indenture (Regency Energy Partners LP)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person Person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 4 contracts
Samples: Indenture (Builders FirstSource, Inc.), Indenture (Builders FirstSource, Inc.), Indenture (Builders FirstSource, Inc.)
Duties of Trustee. (a) If an Event of Default known to the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s 's own affairs.
Appears in 4 contracts
Samples: Supplemental Indenture (Muzak Finance Corp), Supplemental Indenture (Muzak Holdings Finance Corp), Supplemental Indenture (Muzak Finance Corp)
Duties of Trustee. (a) If an Event of Default has occurred occurred, of which the Trustee is deemed to have notice, and is continuing, and is actually known to the Trustee, the Trustee shall may exercise such of the rights and powers vested in it by this Indenture, Indenture and shall use the same degree of care and skill in its exercise, exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 4 contracts
Samples: Indenture (Chaparral Energy, Inc.), Indenture (Chaparral Energy, Inc.), Indenture (Chaparral Energy, Inc.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the TrusteeTrustee (as provided in Section 7.02(g)), the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the similar circumstances in the conduct of such person’s own affairs.
Appears in 4 contracts
Samples: Supplemental Indenture (Permian Resources Corp), Supplemental Indenture (Permian Resources Corp), Indenture (HighPeak Energy, Inc.)
Duties of Trustee. (a) If an Event of Default with respect to any Series of Securities has occurred and is continuing, and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s 's own affairs.
Appears in 3 contracts
Samples: Indenture (Corrections Corp of America), CCA Western Properties, Inc., Corrections Corp of America
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person man would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 3 contracts
Samples: Range Resources (Range Resources Corp), Range Resources (Range Resources Corp), Indenture (Range Resources Corp)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by under this Indenture, and use the same degree of care and skill in its their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 3 contracts
Samples: Note (Reynolds American Inc), British American Tobacco p.l.c., British American Tobacco p.l.c.
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing of which a Responsible Officer of the TrusteeTrustee has knowledge, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s 's own affairs.
Appears in 3 contracts
Samples: Indenture (Aei Resources Inc), Indenture (Nebco Evans Holding Co), Corporacion Durango S.A .De C.V.
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exerciseexercise thereof, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 3 contracts
Samples: Indenture (BlackRock Funding, Inc. /DE), BlackRock Inc., GPT Operating Partnership LP
Duties of Trustee. (a) If an Event of Default has occurred of which a Responsible Officer of the Trustee has actual knowledge and is continuing, and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 3 contracts
Samples: Supplemental Indenture (Vector Group LTD), Indenture (Vector Group LTD), Indenture (Vector Group LTD)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to a Responsible Officer of the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 3 contracts
Samples: Indenture (Knife River Holding Co), Credit Agreement (Embecta Corp.), Credit Agreement (Embecta Corp.)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, the Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 3 contracts
Samples: Merger (Spansion Inc.), Indenture (Spansion Inc.), Indenture (Spansion Inc.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 3 contracts
Samples: Indenture (Nm Licensing LLC), Tia Indenture (Cherokee International Finance Inc), Applied Power Inc
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to a responsible officer of the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 3 contracts
Samples: Indenture (Pra Group Inc), Indenture (Pra Group Inc), Indenture (Pra Group Inc)
Duties of Trustee. (a) If an Event of Default with respect to the Notes has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 3 contracts
Samples: Indenture (Sba Communications Corp), Indenture (Sba Communications Corp), Indenture (Sba Communications Corp)
Duties of Trustee. (a) If an Event of Default known to the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 3 contracts
Samples: Universal Compression Holdings Inc, Universal Compression Inc, Universal Compression Inc
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to a Responsible Officer of the TrusteeTrustee (in accordance with Section 7.02(g)), the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 3 contracts
Samples: Indenture (Hill-Rom Holdings, Inc.), Indenture (Hill-Rom Holdings, Inc.), Indenture (Hill-Rom Holdings, Inc.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and continuing (of which the Trustee is actually known deemed to have notice thereof within the Trusteemeaning of Section 7.02(l) hereof), the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 3 contracts
Samples: Indenture (A. M. Castle & Co.), Indenture (Total Plastics, Inc.), Indenture (Castle a M & Co)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known continuing with respect to the TrusteeSecurities of any series, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s 's own affairs.
Appears in 3 contracts
Samples: Amkor International Holdings, LLC, Amkor Technology Inc, Amkor Technology Inc
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing of which a Responsible Officer of the TrusteeTrustee has actual knowledge, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.;
Appears in 3 contracts
Samples: Indenture (Foresight Energy Partners LP), Indenture (Armstrong Coal Company, Inc.), Indenture (Foresight Energy Partners LP)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 3 contracts
Samples: Indenture (Spansion Inc.), Indenture (Scripps Networks Interactive, Inc.), Intertape Woven Products Services S.A. De C.V.
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this IndentureIndenture and the Guarantee Agreement, and use the same degree of care and skill in its their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 3 contracts
Samples: Indenture (Calpine Canada Energy Finance Ulc), Indenture (Calpine Corp), Indenture (Calpine Canada Energy Finance Ulc)
Duties of Trustee. (ai) If an Event of Default Default, of which a Responsible Officer of the Trustee has received written notice, has occurred and is continuing, and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 3 contracts
Samples: Intercreditor Agreement (Ferroglobe PLC), Intercreditor Agreement (Ferroglobe PLC), Intercreditor Agreement (Ferroglobe PLC)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers of which the Trustee has actual knowledge vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person man would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 3 contracts
Samples: Indenture (Complete Production Services, Inc.), Indenture (Grant Prideco Inc), Grant Prideco Inc
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing of which a Responsible Officer of the TrusteeTrustee has knowledge, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s 's own affairs.
Appears in 3 contracts
Samples: Security Agreement (Air Packaging Technologies Inc), Collateral Trust Agreement (Finova Group Inc), Pledge and Security Agreement (Finova Group Inc)
Duties of Trustee. (a) If an Event of Default of which the Trustee has notice has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 3 contracts
Samples: Indenture (Lions Gate Entertainment Corp /Cn/), Indenture (Lions Gate Entertainment Corp /Cn/), Indenture (Lions Gate Entertainment Corp /Cn/)
Duties of Trustee. (a) If an Event of Default actually known to a Trust Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 3 contracts
Samples: Indenture (Healthsouth Corp), Healthsouth Corp, Healthsouth Corp
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to the Trustee, the Trustee once it becomes aware of any such Event of Default, shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 3 contracts
Samples: Indenture (Eclipse Resources Corp), Indenture (Eclipse Resources Corp), Indenture (Magnum Hunter Resources Corp)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the TrusteeTrustee has actual knowledge of such Event of Default, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 3 contracts
Samples: Indenture (Wolverine Tube Inc), Indenture (Wt Holding Company, Inc), Indenture (Wolverine Tube Inc)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the TrusteeTrustee (as provided in Section 7.2(f)), the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the similar circumstances in the conduct of such person’s own affairs.
Appears in 2 contracts
Samples: Indenture (ANTERO RESOURCES Corp), Indenture (ANTERO RESOURCES Corp)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 2 contracts
Samples: Indenture (Aecom), Indenture (Aecom Technology Corp)
Duties of Trustee. (a) If an Event of Default known to the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 2 contracts
Samples: Indenture (Muzak Heart & Soul Foundation), Indenture (Muzak LLC)
Duties of Trustee. (a) If an Event of Default of which the Trustee has knowledge has occurred and is continuing, and is actually known continuing with respect to the Trusteeany Series of Securities, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s his or her own affairs.
Appears in 2 contracts
Samples: American Real Estate Finance Corp., American Real Estate Finance Corp.
Duties of Trustee. (a) If an Event of Default with respect to any Series of Securities as to which it is Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 2 contracts
Samples: Indenture (Vistra Corp.), Vistra Energy Corp.
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person man would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 2 contracts
Samples: Intercreditor Agreement (Summit Midstream Partners, LP), Indenture (Insight Health Services Corp)
Duties of Trustee. (a) If an Event of Default actually known to a Trust Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s his or her own affairs.
Appears in 2 contracts
Samples: Supplemental Indenture (Vantiv, Inc.), info.vantiv.com
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exerciseexercise thereof, as a prudent person would exercise or use under the circumstances in the conduct of such person’s 's own affairs.
Appears in 2 contracts
Samples: Indenture (Gci Inc), Indenture (General Communication Inc)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exerciseexercise thereof, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 2 contracts
Samples: CIFC Corp., Regulation S Global Note (Nb Finance Corp)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, and is actually known to continuing of which a Responsible Officer of the TrusteeTrustee has actual knowledge, the Trustee shall will exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 2 contracts
Samples: Additional Intercreditor Agreement, Additional Intercreditor Agreement
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s his or her own affairs.
Appears in 2 contracts
Samples: Eircom Funding (Valentia Telecommunications), Senior Indenture (Valentia Telecommunications)
Duties of Trustee. (a) If an Event of Default actually known to a Responsible Officer of the Trustee has occurred and is continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, Indenture and use the same degree of care and skill in its exercise, their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s his own affairs.
Appears in 2 contracts
Samples: Aes Corporation, Aes Corporation
Duties of Trustee. (a) If In case an Event of Default has which the Trustee has, or is deemed to have, notice hereunder shall have occurred and is be continuing, and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person Person would exercise or use under the circumstances in the conduct of such personPerson’s own affairs.
Appears in 2 contracts
Samples: Indenture (GameStop Corp.), Indenture (GameStop Corp.)
Duties of Trustee. (a) If an Event of Default has occurred and is continuing, continuing and is actually known to the Trustee, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Appears in 2 contracts
Samples: Indenture (Prestige Consumer Healthcare Inc.), Indenture (Prestige Consumer Healthcare Inc.)