Common use of Freedom to transact Clause in Contracts

Freedom to transact. Any of the Paying Agents, its officers, directors and employees may become the owner of, and/or acquire any interest in, any Bonds or Coupons with the same rights that it or he would have had if such Paying Agent were not appointed under this Agreement, and may engage or be interested in any financial or other transaction with the Issuer, and may act on, or as depositary, trustee or agent for, any committee or body of holders of Bonds or Coupons or other obligations of the Issuer, as freely as if such Paying Agent were not appointed under the Agreement without regard to the interests of the Issuer and shall be entitled to retain and shall not in any way be liable to account for any profit made or share of brokerage or commission or remuneration or other amount or benefit received thereby or in connection therewith.

Appears in 2 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement

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Freedom to transact. Any of the Paying Agents, Agent and its officers, directors and employees may become the owner of, and/or acquire any interest in, any Bonds or Coupons the Notes with the same rights that it or he would have had if such Paying the Agent concerned were not appointed under this Agreement, and may engage or be interested in any financial or other transaction with the Issuer, Issuer or the Guarantor and may act on, or as depositary, trustee or agent for, any committee or body of holders Holders of Bonds the Notes or Coupons or in connection with any other obligations of the Issuer, Issuer as freely as if such Paying the Agent were not appointed under the this Agreement without regard to the interests of the Issuer or the Guarantor and shall be entitled to retain and shall not in any way be liable to account for any profit made or share of brokerage or commission or remuneration or other amount or benefit received thereby or in connection therewith.

Appears in 2 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

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