Common use of Holders to Be Treated as Owners Clause in Contracts

Holders to Be Treated as Owners. The Issuer, the Trustee and any agent of the Issuer or the Trustee may deem and treat the Person in whose name any Security shall be registered upon the Security register for such series as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and, subject to the provisions of this Indenture, interest on such Security and for all other purposes; and neither the Issuer nor the Trustee nor any agent of the Issuer or the Trustee shall be affected by any notice to the contrary. No holder of any beneficial interest in any Registered Global Security held on its behalf by a Depository (or its nominee) shall have any rights under this Indenture with respect to such Registered Global Security or any Security represented thereby, and such Depository may be treated by the Issuer, the Trustee, and any agent of the Issuer or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Registered Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

Appears in 4 contracts

Samples: Indenture (Exelon Generation Co LLC), Indenture (Exelon Generation Co LLC), Indenture (Exelon Generation Co LLC)

AutoNDA by SimpleDocs

Holders to Be Treated as Owners. The Issuer, the Trustee and any agent of the Issuer or the Trustee may deem and treat the Person in whose name any Security of any series shall be registered upon the Security register Register for such series as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and, subject to the provisions of Section 2.7 of this Indenture, interest interest, if any, on such Security and for all other purposes; and neither none of the Issuer nor Issuer, the Trustee nor and any agent of the Issuer or the Trustee shall be affected by any notice to the contrary. All such payments so made to any such Person, or upon his order, shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Security. No holder of any beneficial interest in any Registered Global Security held on its behalf by a Depository (or its nominee) shall have any rights under this Indenture with respect to such Registered Global Security or any Security represented therebySecurity, and such Depository may be treated by the Issuer, the Trustee, and any agent of the Issuer or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None Notwithstanding the foregoing, nothing herein shall impair, as between a Depository and such holders of beneficial interests, the operation of customary practices governing the exercise of the Issuer, the Trustee, any Paying Agent or the Security Registrar will have any responsibility or liability for any aspect rights of the records relating to or payments made on account Depository as holder of beneficial ownership interests of a Registered Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interestsSecurity.

Appears in 4 contracts

Samples: Indenture (CMS Energy Corp), Indenture (CMS Energy Corp), Indenture (CMS Energy Trust Ii)

Holders to Be Treated as Owners. The Issuer, the Trustee and any agent of the Issuer or the Trustee may deem and treat the Person in whose name any Security shall be registered upon the Security register for such series as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and, subject to the provisions of this Indenture, interest on such Security and for all other purposes; and neither the Issuer nor the Trustee nor any agent of the Issuer or the Trustee shall be affected by any notice to the contrary. No holder of All such payments so made to any beneficial interest in any Registered Global Security held on its behalf by a Depository (such Person, or its nominee) upon his order, shall have any rights under this Indenture with respect be valid, and, to such Registered Global Security or any Security represented thereby, and such Depository may be treated by the Issuer, the Trustee, and any agent extent of the Issuer sum or sums so paid, effectual to satisfy and discharge the Trustee as the owner of liability for moneys payable upon any such Registered Global Security or any Security represented thereby for all purposes whatsoeverSecurity. None of the Issuer, the TrusteeTrustee any paying agent, any Paying Agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Registered Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

Appears in 3 contracts

Samples: Indenture (Universal Health Realty Income Trust), Indenture (Emerson Electric Co), Indenture (Emerson Electric Co)

Holders to Be Treated as Owners. The IssuerCompany, the Trustee and any agent of the Issuer Company or the Trustee may deem and treat the Person person in whose name any Security shall be registered upon the Security register for such series Register as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of andof, and premium, if any, and (subject to the provisions of this IndentureSection 3.8) interest, interest on if any, on, such Security Security, and for all other purposes; purposes whatsoever, whether or not such Security be overdue, and neither the Issuer nor Company, the Trustee nor any agent of the Issuer Company or the Trustee shall be affected by any notice to the contrary. No holder All such payments so made to any Holder for the time being, shall be valid, and, to the extent of any beneficial interest in any Registered Global Security held on its behalf by a Depository (the sum or its nominee) shall have any rights under this Indenture with respect sums so paid, effectual to satisfy and discharge the liability for moneys payable upon such Registered Global Security or any Security represented thereby, and such Depository may be treated by Security. None of the IssuerCompany, the Trustee, and Trustee or any agent of the Issuer Company or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar will shall have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests interest of a Registered Global Security Security, or for maintaining, supervising or reviewing any records relating to such beneficial ownership interestsinterest. Notwithstanding the foregoing, with respect to any Global Security, nothing herein shall prevent the Company or the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by any Depository (or its nominee), as a Holder, with respect to such Global Security or impair, as between such Depository and owners of beneficial interests in such Global Security, the operation of customary practices governing the exercise of the right of such Depository (or its nominee) as holder of such Global Security.

Appears in 3 contracts

Samples: Indenture (Covanta Capital Trust Iii), Idaho Power Co, Covanta Capital Trust Iii

Holders to Be Treated as Owners. The IssuerCompany, the Trustee and any agent of the Issuer Company or the Trustee may deem and treat the Person in whose name any Security shall be registered upon the Security register for such series Register as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of andof, and premium, if any, and (subject to the provisions of this IndentureSection 3.6 and Section 3.8) interest, interest on if any, on, such Security Security, and for all other purposes; purposes whatsoever, whether or not such Security be overdue, and neither the Issuer nor Company, the Trustee nor any agent of the Issuer Company or the Trustee shall be affected by any notice to the contrary. No holder All such payments so made to any Holder for the time being, shall be valid, and, to the extent of any beneficial interest in any Registered Global Security held on its behalf by a Depository (the sum or its nominee) shall have any rights under this Indenture with respect sums so paid, effectual to satisfy and discharge the liability for moneys payable upon such Registered Global Security or any Security represented thereby, and such Depository may be treated by Security. None of the IssuerCompany, the Trustee, and Trustee or any agent of the Issuer Company or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar will shall have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests interest of a Registered Global Security Security, or for maintaining, supervising or reviewing any records relating to such beneficial ownership interestsinterest. Notwithstanding the foregoing, with respect to any Global Security, nothing herein shall prevent the Company or the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by any Depositary (or its nominee), as a Holder, with respect to such Global Security or impair, as between such Depositary and owners of beneficial interests in such Global Security, the operation of customary practices governing the exercise of the right of such Depositary (or its nominee) as holder of such Global Security.

Appears in 2 contracts

Samples: Quanta Capital Holdings LTD, Endurance Specialty Holdings LTD

Holders to Be Treated as Owners. The Issuer, the Trustee and any agent of the Issuer or the Trustee may deem and treat the Person person in whose name any Security shall be registered upon the Security register Register for such series as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and, subject to the provisions of this Indenture, interest on such Security and for all other purposes; and neither the Issuer nor the Trustee nor any agent of the Issuer or the Trustee shall be affected by any notice to the contrary. All such payments so made to any such person, or upon his order, shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Security. No holder Holder of any beneficial interest in any Registered Global Security held on its behalf by a Depository (or its nominee) Depositary shall have any rights under this Indenture with respect to such Registered Global Security or any Security represented therebySecurity, and such Depository Depositary may be treated by the Issuer, the Trustee, and any agent of the Issuer or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent paying agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Registered Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

Appears in 2 contracts

Samples: Becton Dickinson & Co, Cardinal Health Inc

Holders to Be Treated as Owners. The IssuerCompany, the Trustee and any agent of the Issuer Company or the Trustee may deem and treat the Person in whose name any Security shall be registered upon the Security register for such series Register as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of andof, and premium, if any, and (subject to the provisions of this IndentureSection 3.5 and Section 3.7) interest, interest on if any, on, such Security Security, and for all other purposes; purposes whatsoever, whether or not such Security be overdue, and neither the Issuer nor Company, the Trustee nor any agent of the Issuer Company or the Trustee shall be affected by any notice to the contrary. No holder All such payments so made to any Holder for the time being, shall be valid, and, to the extent of any beneficial interest in any Registered Global Security held on its behalf by a Depository (the sum or its nominee) shall have any rights under this Indenture with respect sums so paid, effectual to satisfy and discharge the liability for moneys payable upon such Registered Global Security or any Security represented thereby, and such Depository may be treated by Security. None of the IssuerCompany, the Trustee, and Trustee or any agent of the Issuer Company or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar will shall have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests interest of a Registered Global Security Security, or for maintaining, supervising or reviewing any records relating to such beneficial ownership interestsinterest. Notwithstanding the foregoing, with respect to any Global Security, nothing herein shall prevent the Company or the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by any Depository (or its nominee), as a Holder, with respect to such Global Security or impair, as between such Depository and owners of beneficial interests in such Global Security, the operation of customary practices governing the exercise of the right of such Depository (or its nominee) as Holder of such Global Security.

Appears in 2 contracts

Samples: Indenture (National Grid PLC), Indenture (National Grid PLC)

Holders to Be Treated as Owners. The Issuer, the Trustee and any agent of the Issuer or the Trustee may deem and treat the Person person in whose name any Security shall be registered upon the Security register for such series as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and, subject to the provisions of this Indenture, interest on such Security and for all other purposes; and neither the Issuer nor the Trustee nor any agent of the Issuer or the Trustee shall be affected by any notice to the contrary. All such payments so made to any such person, or upon his order, shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Security. No holder of any beneficial interest in any Registered Global Security held on its behalf by a Depository (or its nominee) shall have any rights under this Indenture with respect to such Registered Global Security or any Security represented therebySecurity, and such Depository may be treated by the Issuer, the Trustee, and any agent of the Issuer or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Registered Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

Appears in 2 contracts

Samples: Patriot Coal CORP, Patriot Coal CORP

Holders to Be Treated as Owners. The IssuerCompany, the Trustee and any agent of the Issuer Company or the Trustee may deem and treat the Person in whose name any Security shall be registered upon the Security register for such series Register as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of andof, and premium, if any, and (subject to the provisions of this IndentureSection 3.6 and Section 3.8) interest, interest on if any, on, such Security Security, and for all other purposes; purposes whatsoever, whether or not such Security be overdue, and neither the Issuer nor Company, the Trustee nor any agent of the Issuer Company or the Trustee shall be affected by any notice to the contrary. No holder All such payments so made to any Holder for the time being, shall be valid, and, to the extent of any beneficial interest in any Registered Global Security held on its behalf by a Depository (the sum or its nominee) shall have any rights under this Indenture with respect sums so paid, effectual to satisfy and discharge the liability for moneys payable upon such Registered Global Security or any Security represented thereby, and such Depository may be treated by Security. None of the IssuerCompany, the Trustee, and Trustee or any agent of the Issuer Company or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar will shall have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests interest of a Registered Global Security Security, or for maintaining, supervising or reviewing any records relating to such beneficial ownership interestsinterest. Notwithstanding the foregoing, with respect to any Global Security, nothing herein shall prevent the Company or the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by any Depository (or its nominee), as a Holder, with respect to such Global Security or impair, as between such Depository and owners of beneficial interests in such Global Security, the operation of customary practices governing the exercise of the right of such Depository (or its nominee) as holder of such Global Security.

Appears in 1 contract

Samples: MRH Capital Trust I

AutoNDA by SimpleDocs

Holders to Be Treated as Owners. The IssuerCompany, the Trustee and any agent of the Issuer Company or the Trustee may deem and treat the Person in whose name any Security shall be registered upon the Security register for such series as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and, subject to the provisions of this Indenture, interest on such Security and for all other purposes; and neither the Issuer Company nor the Trustee nor any agent of the Issuer Company or the Trustee shall be affected by any notice to the contrary. No holder of any beneficial interest in any Registered Global Security held on its behalf by a Depository (or its nominee) shall have any rights under this Indenture with respect to such Registered Global Security or any Security represented thereby, and such Depository may be treated by the IssuerCompany, the Trustee, and any agent of the Issuer Company or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the IssuerCompany, the Trustee, any Paying Agent paying agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Registered Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

Appears in 1 contract

Samples: Indenture (Oglethorpe Power Corp)

Holders to Be Treated as Owners. The Issuer, the Trustee and ------------------------------- any agent of the Issuer or the Trustee may deem and treat the Person person in whose name any Security shall be registered upon the Security register for such series as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and, subject to the provisions of this Indenture, interest on such Security and for all other purposes; and neither the Issuer nor the Trustee nor any agent of the Issuer or the Trustee shall be affected by any notice to the contrary. No holder of any beneficial interest in any Registered Global Security held on its behalf by a Depository Depositary (or its nominee) shall have any rights under this Indenture with respect to such Registered Global Security or any Security represented thereby, and such Depository Depositary may be treated by the Issuer, the Trustee, and any agent of the Issuer or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Registered Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

Appears in 1 contract

Samples: Indenture (C Cor Net Corp)

Holders to Be Treated as Owners. The IssuerCompany, the Trustee and any agent of the Issuer Company or the Trustee may deem and treat the Person in whose name any Security shall be registered upon the Security register for such series Register as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of andof, premium (if any) and (subject to the provisions of this IndentureSection 3.6 and Section 3.9) interest (if any) on, interest on such Security Security, and for all other purposes; purposes whatsoever, whether or not such Security be overdue, and neither the Issuer nor Company, the Trustee nor any agent of the Issuer Company or the Trustee shall be affected by any notice to the contrary. No holder All such payments so made to any Holder for the time being, shall be valid, and, to the extent of any beneficial interest in any Registered Global Security held on its behalf by a Depository (the sum or its nominee) shall have any rights under this Indenture with respect sums so paid, effectual to satisfy and discharge the liability for moneys payable upon such Registered Global Security or any Security represented thereby, and such Depository may be treated by Security. None of the IssuerCompany, the Trustee, and Trustee or any agent of the Issuer Company or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar will shall have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests interest of a Registered Global Security Security, or for maintaining, supervising or reviewing any records relating to such beneficial ownership interestsinterest. Notwithstanding the foregoing, with respect to any Global Security, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by any Depository (or its nominee), as a Holder, with respect to such Global Security or impair, as between such Depository and owners of beneficial interests in such Global Security, the operation of customary practices governing the exercise of the right of such Depository (or its nominee) as holder of such Global Security.

Appears in 1 contract

Samples: Indenture (Sirius International Insurance Group, Ltd.)

Holders to Be Treated as Owners. The Issuer, the Trustee and any agent of the Issuer or the Trustee may deem and treat the Person in whose name any Security shall be registered upon the Security register for such series Register as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of andof, and premium, if any, and (subject to the provisions of this IndentureSection 3.8) interest, interest on if any, on, such Security Security, and for all other purposes; purposes whatsoever, whether or not such Security be overdue, and neither the Issuer nor Issuer, the Trustee nor any agent of the Issuer or the Trustee shall be affected by any notice to the contrary. No holder All such payments so made to any Holder for the time being, shall be valid, and, to the extent of any beneficial interest in any Registered Global Security held on its behalf by a Depository (the sum or its nominee) shall have any rights under this Indenture with respect sums so paid, effectual to satisfy and discharge the liability for moneys payable upon such Registered Global Security or any Security represented thereby, and such Depository may be treated by Security. None of the Issuer, the Trustee, and Trustee or any agent of the Issuer or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar will shall have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests interest of a Registered Global Security Security, or for maintaining, supervising or reviewing any records relating to such beneficial ownership interestsinterest. Notwithstanding the foregoing, with respect to any Global Security, nothing herein shall prevent the Issuer or the Trustee or any agent of the Issuer or the Trustee from giving effect to any written certification, proxy or other authorization furnished by any Depository (or its nominee), as a Holder, with respect to such Global Security or impair, as between such Depository and owners of beneficial interests in such Global Security, the operation of customary practices governing the exercise of the right of such Depository (or its nominee) as holder of such Global Security.

Appears in 1 contract

Samples: Indenture (Idacorp Inc)

Holders to Be Treated as Owners. The Issuer, the Trustee and any agent of the Issuer or the Trustee may deem and treat the Person person in whose name any Security shall be registered upon the Security register for such series as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of and, subject to the provisions of this Indenture, interest on such Security and for all other purposes; and neither the Issuer nor the Trustee nor any agent of the Issuer or the Trustee shall be affected by any notice to the contrary. No holder of any beneficial interest in any Registered Global Security held on its behalf by a Depository Depositary (or its nominee) shall have any rights under this Indenture with respect to such Registered Global Security or any Security represented thereby, and such Depository Depositary may be treated by the Issuer, the Trustee, and any agent of the Issuer or the Trustee as the owner of such Registered Global Security or any Security represented thereby for all purposes whatsoever. None of the Issuer, the Trustee, any Paying Agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Registered Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

Appears in 1 contract

Samples: Indenture (Exelon Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.