Equally and Ratably Secured. All Equipment Notes at any time outstanding under this Indenture shall be equally and ratably secured hereby without preference, priority or distinction on account of the date or dates, the actual time or times of the issue or maturity of such Equipment Notes so that all Equipment Notes at any time issued and outstanding hereunder shall have the same rights and preferences, and be entitled to the same benefits provided by the Liens created, under and by virtue of this Indenture.
Appears in 9 contracts
Samples: Indenture and Security Agreement (Trinity Industries Inc), Indenture and Security Agreement (Trinity Industries Inc), Indenture and Security Agreement (Trinity Industries Inc)
Equally and Ratably Secured. All Equipment Notes at any time outstanding under this Indenture shall be equally and ratably secured hereby without preference, priority or distinction on account of the date or dates, dates or the actual time or times of the issue or maturity of such Equipment Notes so that all Equipment Notes at any time issued and outstanding hereunder shall have the same rights rights, Liens and preferences, and be entitled to the same benefits provided by the Liens created, preferences under and by virtue of this Indenture.
Appears in 3 contracts
Samples: Trust Indenture and Security Agreement (Gatx Corp), Trust Indenture and Security Agreement (Union Tank Car Co), Trust Indenture and Security Agreement (Gatx Rail Corp)
Equally and Ratably Secured. All Equipment Notes at any time outstanding under this Indenture shall be equally and ratably secured hereby without preference, priority or distinction on account of the date or dates, dates or the actual time or times of the issue or maturity of such Equipment Notes so that all Equipment Notes of any series at any time issued and outstanding hereunder shall have the same rights rights, Liens and preferences, and be entitled to the same benefits provided by the Liens created, preferences under and by virtue of this Indenture.
Appears in 2 contracts
Samples: Trust Indenture and Security Agreement (Union Tank Car Co), Trust Indenture and Security Agreement (Union Tank Car Co)
Equally and Ratably Secured. All Equipment Notes at any --------------------------- time outstanding under this Indenture shall be equally and ratably secured hereby without preference, priority or distinction on account of the date or dates, dates or the actual time or times of the issue or maturity of such Equipment Notes so that all Equipment Notes at any time issued and outstanding hereunder shall have the same rights rights, Liens and preferences, and be entitled to the same benefits provided by the Liens created, preferences under and by virtue of this Indenture.
Appears in 2 contracts
Samples: Trust Indenture and Security Agreement (General American Railcar Corp Ii), Trust Indenture and Security Agreement (Gatx Rail Corp)
Equally and Ratably Secured. All Equipment Notes at any time --------------------------- outstanding under this Indenture shall be equally and ratably secured hereby without preference, priority or distinction on account of the date or dates, dates or the actual time or times of the issue or maturity of such Equipment Notes so that all Equipment Notes at any time issued and outstanding hereunder shall have the same rights rights, Liens and preferences, and be entitled to the same benefits provided by the Liens created, preferences under and by virtue of this Indenture.
Appears in 1 contract
Samples: Trust Indenture and Security Agreement (General American Railcar Corp Ii)
