Preferred Guarantee Trustee; Eligibility Sample Clauses

Preferred Guarantee Trustee; Eligibility. (a) There shall at all times be a Preferred Guarantee Trustee which shall:
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Preferred Guarantee Trustee; Eligibility. ... 13 SECTION 4.2 Appointment, Removal and Resignation of Preferred Guarantee Trustee.................... 14 Page
Preferred Guarantee Trustee; Eligibility. . . . . . . 11 SECTION 4.2 Appointment, Removal and Resignation of Preferred Guarantee Trustee. . . . . . . . . . . . . . . . . . . . . 12 ARTICLE V GUARANTEE
Preferred Guarantee Trustee; Eligibility. 10 SECTION 4.2 Appointment, Removal and Resignation of Preferred Guarantee Trustee.......................................................11 ARTICLE V GUARANTEE SECTION 5.1 Guarantee........................................................12 SECTION 5.2 Waiver of Notice and Demand......................................12 SECTION 5.3 Obligations Not Affected.........................................12 SECTION 5.4 Enforcement of Guarantee; Rights of Holders......................13 SECTION 5.5 Guarantee of Payment.............................................13 SECTION 5.6 Subrogation......................................................13 SECTION 5.7 Independent Obligations..........................................14
Preferred Guarantee Trustee; Eligibility. 11 ---------------------------------------- SECTION 4.2 Appointment, Removal and Resignation of Preferred Guarantee Trustees..11 --------------------------------------------------------------------
Preferred Guarantee Trustee; Eligibility. 10 SECTION 4.2 Appointment, Removal and Resignation of Preferred Guarantee Trustee.................................11 ARTICLE V GUARANTEE SECTION 5.1 Guarantee...........................................................................................12 SECTION 5.2 Waiver of Notice and Demand.........................................................................12 SECTION 5.3 Obligations Not Affected............................................................................12 SECTION 5.4 Enforcement of Guarantee; Rights of Holders.........................................................13 SECTION 5.5 Guarantee of Payment................................................................................14 SECTION 5.6 Subrogation.........................................................................................14 SECTION 5.7 Independent Obligations.............................................................................14
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Preferred Guarantee Trustee; Eligibility. GUARANTEE
Preferred Guarantee Trustee; Eligibility. (a) There shall at all times be a Preferred Guarantee Trustee which shall: (i) not be an Affiliate of the Guarantor; and (ii) be a corporation organized and doing business under the laws of the United States of America or any State or Territory thereof or of the District of Columbia, or a corporation or Person permitted by the Securities and Exchange Commission to act as an institutional trustee under the Trust Indenture Act, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000, and subject to supervision or examination by Federal, State, Territorial or District of Columbia authority. If such corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the supervising or examining authority referred to above, then, for the purposes of this Section 4.1 (a)(ii), the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition as published. (b) If at any time the Preferred Guarantee Trustee shall cease to be eligible to so act under Section 4.1 (a), the Preferred Guarantee Trustee shall immediately resign in the manner and with the effect set out in Section 4.2(c). (c) If the Preferred Guarantee Trustee has or shall acquire any "conflicting interest" within the meaning of Section 310(b) of the Trust Indenture Act, the Preferred Guarantee Trustee and Guarantor shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act. Section 4.2
Preferred Guarantee Trustee; Eligibility. 12 ARTICLE V GUARANTEE SECTION 5.1. Guarantee . . . . . . . . . . . . . . . . . . . . . . . 14 SECTION 5.2. Subordination . . . . . . . . . . . . . . . . . . . . . 14 SECTION 5.3. Waiver of Notice and Demand . . . . . . . . . . . . . . 14 SECTION 5.4. Obligations Not Affected. . . . . . . . . . . . . . . . 15 SECTION 5.5. Rights of Holders . . . . . . . . . . . . . . . . . . . 16 SECTION 5.6. Guarantee of Payment. . . . . . . . . . . . . . . . . . 16 SECTION 5.7. Subrogation . . . . . . . . . . . . . . . . . . . . . . 17 SECTION 5.8. Independent Obligations . . . . . . . . . . . . . . . . 17 SECTION 5.9. Conversion. . . . . . . . . . . . . . . . . . . . . . . 17 ARTICLE VI LIMITATION OF TRANSACTIONS; RANKING
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