Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 43 contracts
Samples: Indenture (Del Monte Foods Co), Indenture (NRG Energy Inc), Doe Run Resources Corp
Duties of Trustee. (a) If a Default or an Event of Default with respect to the Securities has occurred and is continuing, 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 thereof their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 35 contracts
Samples: Subordinated Indenture (China-Biotics, Inc), Subordinated Indenture (Northwest Biotherapeutics Inc), Senior Indenture (Shengkai Innovations, Inc.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 32 contracts
Samples: Indenture (Kerzner International Employment Services LTD), Indenture (Sun International Hotels LTD), Indenture (Sun International North America Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 31 contracts
Samples: Indenture (Nbty Inc), Indenture (America Bank Note Holographics Inc), Indenture (Comcast Cellular Holdings Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 30 contracts
Samples: Indenture (Pricellular Corp), Indenture (Occusystems Inc), Indenture and Assumption Agreement (Centennial Cellular Corp)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 27 contracts
Samples: Indenture (Roma Fort Worth Inc), Indenture (United Auto Group Inc), Indenture (Scot Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 23 contracts
Samples: Supplemental Indenture (Alere Inc.), Indenture (Alere Inc.), Indenture (Btu International Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing with respect to any Series of Securities, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 21 contracts
Samples: Indenture (Crown Castle International Corp), Indenture (Booking Holdings Inc.), Amended And (Continental Airlines, Inc.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall with respect to Securities exercise such of the its rights and powers vested in it by this Indenture and use the same degree of care and skill in its their exercise thereof as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 18 contracts
Samples: Indenture (Lockheed Martin Corp), Indenture (Martin Marietta Materials Inc), Indenture (Lockheed Martin Corp)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his its own affairs.
Appears in 18 contracts
Samples: Indenture (Huntsman CORP), Indenture (Huntsman Petrochemical Finance Co), Indenture (Huntsman CORP)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 such exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 16 contracts
Samples: Indenture (Salant Corp), Indenture (Salant Corp), Indenture (Tampa DC, LLC)
Duties of Trustee. (a) The duties and responsibilities of the Trustee are as provided by the TIA and as set forth herein. If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 16 contracts
Samples: Indenture (NXP Semiconductors N.V.), Indenture (NXP Semiconductors N.V.), Indenture (NXP Semiconductors N.V.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 14 contracts
Samples: Indenture (Moore Labels Inc), Indenture (Buhrmann Nederland B.V.), Indenture (Asap Software Express Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture and use or exercise the same degree of care and skill in its their exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 13 contracts
Samples: Indenture (JBS Holding Luxembourg S.A R.L.), Indenture (JBS Holding Luxembourg S.A R.L.), Indenture (JBS Holding Luxembourg S.A R.L.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 13 contracts
Samples: Pooling and Servicing Agreement (Delta Financial Corp), Affinity Group Inc, Affinity Group Holding, Inc.
Duties of Trustee. (a) If a Default or an Event of Default has occurred (and is continuinghas not been cured), the Trustee shall shall, in the exercise such of the rights and powers vested in it by this Indenture and its power, use the same degree of care and skill in its exercise thereof as of a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 12 contracts
Samples: Indenture (OUTFRONT Media Inc.), Indenture (CBS Outdoor Americas Inc.), Indenture (OUTFRONT Media Inc.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall may exercise such of the rights and powers vested in it by this Indenture and shall use the same degree of care and skill in its exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 12 contracts
Samples: Indenture (Phibro Animal Health Corp), Indenture (Magnum Hunter Resources Inc), Philipp Brothers Chemicals Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 12 contracts
Samples: Financing Agreement (Big 5 Corp /Ca/), Indenture (Penton Media Inc), Tia Indenture (Hallmark America Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture and the Security Documents, and use the same degree of care and skill in its exercise thereof their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 11 contracts
Samples: Intercreditor Agreement (Ryerson Holding Corp), Indenture (Kemet Corp), Indenture (BlueLinx Holdings Inc.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture and the Basic Documents and use the same degree of care and skill in its their exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 11 contracts
Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred (and is continuinghas not been cured), the Trustee shall shall, in the exercise such of the rights and powers vested in it by this Indenture and its power, use the same degree of care and skill in its exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 11 contracts
Samples: Indenture (FTAI Aviation Ltd.), Supplemental Indenture (Fortress Transportation & Infrastructure Investors LLC), Supplemental Indenture (FTAI Aviation Ltd.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof thereof, as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 10 contracts
Samples: Indenture (MGM Growth Properties Operating Partnership LP), Supplemental Indenture (Vici Properties Inc.), Supplemental Indenture (Vici Properties Inc.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof thereof, as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 9 contracts
Samples: Superior Essex Inc, Securities Purchase Agreement (Aas Capital Corp), Indenture (Mobile Mini Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person's own affairs.
Appears in 9 contracts
Samples: Indenture (Total Renal Care Holdings Inc), Execution Copy (Getty Images Inc), Indenture (Mueller Industries Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing with respect to the 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 8 contracts
Samples: Indenture (OC Holding Company, LLC), Indenture (O'Reilly II Aviation Corp), Indenture (O Reilly Automotive Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 8 contracts
Samples: Indenture (Arcos Dorados Holdings Inc.), Indenture (Grupo Financiero Galicia Sa), Indenture (Arcos Dorados Holdings Inc.)
Duties of Trustee. (a) The duties and responsibilities of the Trustee shall be as provided by the TIA. If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his their own affairs.
Appears in 7 contracts
Samples: Indenture (First Guaranty Bancshares, Inc.), Indenture (Dime Community Bancshares Inc), Indenture (First Guaranty Bancshares, Inc.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall 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 their exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 7 contracts
Samples: Indenture (Newcourt Credit Group Inc), Chapman And (At&t Capital Corp /De/), Indenture (At&t Capital Corp /De/)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof of those rights and powers as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 7 contracts
Samples: Indenture (Concord Communications Inc), Indenture (Willbros Group Inc), Synaptics Incorporated (Synaptics Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 6 contracts
Samples: Indenture (Science Craftsman INC), Supplemental Indenture (American Greetings Corp), Supplemental Indenture (CNH Global N V)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture and the Security Documents, and use the same degree of care and skill in its exercise thereof exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 6 contracts
Samples: Indenture (Jack Cooper Logistics, LLC), Indenture (Cenveo, Inc), Indenture (Cenveo, Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 6 contracts
Samples: Indenture (Gaylord Container Corp /De/), Indenture (Garden State Newspapers Inc), Indenture (Medianews Group Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing and has not been waived, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 6 contracts
Samples: Indenture (CNH Industrial Capital LLC), Indenture (New Holland Credit Company, LLC), Indenture (CNH Industrial Capital LLC)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 6 contracts
Samples: Lien Subordination Agreement (Wickes Inc), Indenture (Wickes Inc), Indenture (Trism Inc /De/)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof of those rights and powers as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 5 contracts
Samples: Indenture (CTS Corp), Indenture (Xm Satellite Radio Holdings Inc), Immunomedics Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person's own affairs.
Appears in 5 contracts
Samples: Indenture (Comforce Corp), Indenture (H R Window Supply Inc), Comforce Corp
Duties of Trustee. (ai) If a Default or With respect to the Securities of any series, if an Event of Default has occurred and is continuing, 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 thereof their exercise, as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 5 contracts
Samples: Indenture (Uhc Capital I), Indenture (United Healthcare Corp), Indenture (Olympic Financial LTD)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture and shall use the same degree of care and skill in its exercise thereof as a prudent person man or woman would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 5 contracts
Samples: Indenture (LNR Property Corp), Indenture (LNR Property Corp), LNR Property Corp
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 5 contracts
Samples: Pledge Agreement (Coinmach Service Corp), Coinmach Corp, Coinmach Laundry Corp
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 5 contracts
Samples: Indenture (Comstock Resources Inc), Restricted Notes (Comstock Resources Inc), Indenture (Comstock Resources Inc)
Duties of Trustee. (aA) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 5 contracts
Samples: Execution (Building Materials Corp of America), Execution Copy (Building Materials Corp of America), _______________________________________________________________ _______________________________________________________________ (Isp Holdings Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 their exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs; provided, however, that if the Trustee shall assume the duties of the Servicer pursuant to Section 9.02, the Trustee in performing such duties shall use the degree of skill and attention customarily exercised by a servicer with respect to automobile receivables that it services for itself or others.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (National City Bank /), Pooling and Servicing Agreement (Bear Stearns Asset Backed Funding Ii Inc), Pooling and Servicing Agreement (Ml Asset Backed Corp)
Duties of Trustee. (a) If a Default or In case an Event of Default has occurred and is continuing, 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 thereof their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 4 contracts
Samples: Indenture (Jakks Pacific Inc), Indenture (Jakks Pacific Inc), electroCore, Inc.
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing with respect to any series of Securities, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 4 contracts
Samples: Indenture (Sun International Hotels LTD), Indenture (Ggri Inc), Sun International Hotels LTD
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing with respect to the Notes, 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 the exercise thereof thereof, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 4 contracts
Samples: Indenture (Altra Industrial Motion Corp.), Indenture (Ashland Inc.), Indenture (Valvoline Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 4 contracts
Samples: Indenture (Bok Financial Corp Et Al), Subordinated Notes Indenture (First Midwest Bancorp Inc), Indenture (Bok Financial Corp Et Al)
Duties of Trustee. (a) If a Default has occurred and is continuing or an Event of Default or acceleration has occurred and is continuinghas not been properly waived or rescinded, 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 thereof as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 4 contracts
Samples: CNL American Properties Fund Inc, CNL American Properties Fund Inc, American Spectrum Realty Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 3 contracts
Samples: Indenture (Trinseo S.A.), Indenture (Trinseo S.A.), Indenture (Trinseo S.A.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 3 contracts
Samples: Indenture (Transportation Technologies Industries Inc), Couche Tard (3055854 Nova Scotia Co), Delta Financial Corp
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his its own affairs.
Appears in 3 contracts
Samples: Carson Products Co, Cooperative Computing Inc /De/, Cooperative Computing Inc /De/
Duties of Trustee. (a) If a Default or In case an Event of Default has occurred and is continuing, 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 thereof as that a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 3 contracts
Samples: Non Disturbance Agreement (Yum Brands Inc), Indenture (Yum Brands Inc), Yum Brands Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof thereof, as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 3 contracts
Samples: Indenture (Terremark Worldwide Inc), Indenture (Terremark Worldwide Inc), Altra Holdings, Inc.
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 3 contracts
Samples: Indenture (Covanta Energy Corp), Danielson Holding Corp, Covanta Energy Corp
Duties of Trustee. (a) If a Default or an Event of Default actually known to the Trustee has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 3 contracts
Samples: Indenture (HPSC Inc), Ekco Group Inc /De/, HPSC Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing with respect to any Series of Securities, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person's own affairs.
Appears in 3 contracts
Samples: Indenture (Jones Apparel Group Usa Inc), Indenture (CFM v R Tesco Inc), Lucent Technologies Inc
Duties of Trustee. (a) If a Default or In case an Event of Default has occurred and is continuing, 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 thereof their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 3 contracts
Samples: Indenture (Regis Corp), Indenture (Regis Corp), Indenture (BGC Partners, Inc.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 3 contracts
Samples: Indenture (MDC Partners Inc), Indenture (MDC Partners Inc), Indenture (MDC Partners Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing of which a Responsible Officer of the Trustee has received written notice, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 3 contracts
Samples: Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD)
Duties of Trustee. (a) If a Default or an Event of Default actually known to the Trustee has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his its own affairs.
Appears in 3 contracts
Samples: Indenture (Globe Holdings Inc), Kilovac International Inc, Globe Manufacturing Corp
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof exercise, as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 3 contracts
Samples: Fifth Supplemental Indenture (Lear Corp), Third Supplemental Indenture (Lear Corp), Lear Corp
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall shall, with respect to Securities exercise such of the its rights and powers vested in it by this Indenture and use the same degree of care and skill in its their exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 3 contracts
Samples: Indenture (Martin Marietta Materials Inc), Indenture (Martin Marietta Materials Inc), Indenture (Martin Marietta Materials Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person's own affairs.
Appears in 3 contracts
Samples: Indenture (Jones Apparel Group Inc), Jones Apparel Group Inc, Jones Apparel Group Inc
Duties of Trustee. (a) If a Default or an Event of Default with respect to any series of Securities has occurred and is continuing, the Trustee shall exercise with respect to Securities of such series 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 thereof exercise, as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 3 contracts
Samples: Indenture (Chesapeake MLP Operating LLC), Access Permian Midstream LLC, Access Midstream Partners Lp
Duties of Trustee. (a) If a Default or an Event of Default with respect to the Secured Notes has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 3 contracts
Samples: Indenture (Sinclair Broadcast Group Inc), Collateral Agreement (Sinclair Broadcast Group Inc), Intercreditor Agreement (Sinclair Broadcast Group Inc)
Duties of Trustee. (a) If a Default or an Event of Default has shall have occurred and is be continuing, 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 thereof thereof, as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 3 contracts
Samples: Supplemental Indenture (QTS Realty Trust, Inc.), Supplemental Indenture (QualityTech, LP), Indenture (QualityTech, LP)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 3 contracts
Samples: Indenture (Glaxosmithkline PLC), Indenture (Vitro Sa De Cv), Indenture (Vitro Sa De Cv)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture and the Security Documents and use the same degree of care and skill in its their exercise thereof as a prudent person would exercise or use under the same circumstances in the conduct of his such person’s own affairs.
Appears in 3 contracts
Samples: Indenture (Paxson Communications Corp), Indenture (Paxson Communications Corp), Skyterra Communications Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.;
Appears in 2 contracts
Samples: Indenture (Sonic Automotive Inc), Sonic Automotive Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 2 contracts
Samples: Indenture (Gamco Investors, Inc. Et Al), Indenture (Gamco Investors, Inc. Et Al)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 2 contracts
Samples: Fedders North America Inc, Fedders Corp /De
Duties of Trustee. (a) 1. If a Default or an Event of Default has occurred and is continuingcontinuing with respect to the Securities 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 thereof as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 2 contracts
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing with respect to the Securities 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 2 contracts
Samples: Indenture (Fluor Corp), Indenture (Wellpoint Health Networks Inc /Ca/)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing on Securities of any series, the Trustee shall exercise such of the its rights and powers vested in it by this Indenture and use the same degree of care and skill in its their exercise thereof as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 2 contracts
Samples: Manor Care (Manor Care Inc/New), Manor Care Inc/New
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 2 contracts
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing with respect to any Series of Securities, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 2 contracts
Samples: Indenture (Goodyear Export Inc.), Indenture (Goodyear Tire & Rubber Co /Oh/)
Duties of Trustee. (a) If a Default or an Event with respect to the Securities of Default a series has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 2 contracts
Samples: Indenture (Total Waste Management Corp.), Indenture (Total Waste Management Corp.)
Duties of Trustee. (a) If a Default or an Event of Default with respect to any Series of Securities has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person's own affairs.
Appears in 2 contracts
Samples: Paying Agent (Molson Coors Brewing Co), Molson Coors Brewing Co
Duties of Trustee. (a) If a Default or a)If an Event of Default has occurred and is continuingcontinuing (which has not been waived), 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 2 contracts
Samples: Supplemental Indenture (Kronos Worldwide Inc), Execution Version (Kronos Worldwide Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture and the Security Documents and use the same degree of care and skill in its their exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 2 contracts
Samples: Indenture (Hercules Offshore, Inc.), Indenture (Hercules Offshore, Inc.)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 2 contracts
Samples: Sotherly Hotels Lp, Sotherly Hotels Lp
Duties of Trustee. (a) If a Default or an Event of Default with respect to any series of Securities has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 2 contracts
Samples: Indenture (Starwood Hotels & Resorts), Starwood Hotel & Resorts Worldwide Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 2 contracts
Samples: Indenture (Global Telesystems Europe B V), Global Telesystems Europe B V
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture and the Security Documents and use the same degree of care and skill in its their exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 2 contracts
Samples: Collateral and Security Documents (Exide Technologies), Indenture (Hi-Crush Inc.)
Duties of Trustee. (a) If a Default or an Event of Default or Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 2 contracts
Duties of Trustee. (a) If if a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.;
Appears in 2 contracts
Samples: Spartan Stores Inc, Power Solutions International, Inc.
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall shall, in the exercise such of the rights and powers vested in it by this Indenture and its power, use the same degree of care and skill in its exercise thereof as of a prudent person would exercise or use under the in similar circumstances in the conduct of his or her own affairs.
Appears in 2 contracts
Samples: EDGEWELL PERSONAL CARE Co, EDGEWELL PERSONAL CARE Co
Duties of Trustee. (a) If a Default or an Event of Default of which a Trust Officer of the Trustee is aware has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 1 contract
Samples: Indenture (Color Spot Nurseries Inc)
Duties of Trustee. (a) If a Default or an Event of Servicer Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture the Agreement and use the same degree of care and skill in its their exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (FCC Receivables Corp)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing with respect to any 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person’s own affairs.
Appears in 1 contract
Samples: Indenture (Ual Corp /De/)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuingcontinuing and of which the Trustee 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 1 contract
Samples: Ibf Vi Guaranteed Income Fund
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.. 50
Appears in 1 contract
Samples: Indenture (Ply Gem Holdings Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred occurs and is continuingcontinuing with respect to the Trust Debt Securities of any series, the Trustee shall exercise such of the rights and powers vested in it by this Indenture with respect to that series and use the same degree of care and skill in its exercise thereof as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 1 contract
Samples: Successor (Southwest Gas Corp)
Duties of Trustee. (a) If a Default or an Event of Default has occurred The Trustee undertakes to perform such duties and is continuing, the only such duties as are specifically set forth in this Indenture. 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 thereof their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 1 contract
Samples: Oakwood Homes Corp
Duties of Trustee. (a1) If a Default or an Event of Default has occurred and is continuingcontinuing with respect to the Securities 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 thereof as a prudent person man would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 1 contract
Samples: CBRL Group Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his such person's own affairs.
Appears in 1 contract
Samples: Indenture (Movie Gallery Inc)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person's own affairs.
Appears in 1 contract
Samples: Covenants (Railworks Corp)
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, 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 thereof as that a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Appears in 1 contract
Duties of Trustee. (a) If a Default or In case an Event of Default has occurred and is continuing, 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 thereof their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
Appears in 1 contract
Samples: Yum Brands Inc
Duties of Trustee. (a) If a Default or an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this -52- 59 Indenture and use the same degree of care and skill in its their exercise thereof as a prudent person Person would exercise or use under the circumstances in the conduct of his such Person's own affairs.
Appears in 1 contract
Samples: Atlas Air Inc
Duties of Trustee. (a) If After a Default or an Event of Default has occurred and is continuing, 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 thereof as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.
Appears in 1 contract
Samples: Transamerican Energy Corp