Right to Demand Full Performance. In the event of any demand for payment or performance by the Trustee from Holl▇▇▇▇▇ ▇▇▇ernational hereunder, the Trustee or the Holders shall have the right to demand its full claim and to receive all dividends or other payments in respect thereof until the Indenture Obligations shall have been paid in full, and Holl▇▇▇▇▇ ▇▇▇ernational shall continue to be liable hereunder for any balance which may be owing to the Trustee (including the fees and expenses of its agent and counsel) or the Holders by Publishing under this Indenture and the Securities. The retention by the Trustee or the Holders of any security, prior to the realization by the Trustee or the Holders of its rights to such security upon foreclosure thereon, shall not, as between the Trustee and Holl▇▇▇▇▇ ▇▇▇ernational, be considered as a purchase of such security, or as payment, satisfaction or reduction of the Indenture Obligations due to the Trustee or the Holders by Publishing or any part thereof.
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Sources: Indenture (Hollinger International Inc), Senior Subordinated Indenture (Hollinger International Publishing Inc), Senior Indenture (Hollinger International Publishing Inc)
Right to Demand Full Performance. In the event of any demand for payment or performance by the Trustee from Holl▇▇▇▇▇ ▇▇▇ernational any of the Note Guarantors hereunder, the Trustee or the Holders shall have the right to demand its their full claim and to receive all dividends or other payments in respect thereof until the Indenture Obligations shall have been paid in full, and Holl▇▇▇▇▇ ▇▇▇ernational the Note Guarantors shall continue to be liable hereunder for any balance which may be owing to the Trustee (including the fees and expenses of its agent and counsel) or the Holders by Publishing the Company under this Indenture and the SecuritiesNotes. The retention by the Trustee or the Holders of any security, prior to the realization by the Trustee or the Holders of its their rights to such security upon foreclosure thereon, shall not, as between the Trustee and Holl▇▇▇▇▇ ▇▇▇ernationalthe Note 104 Guarantors, be considered as a purchase of such security, or as payment, satisfaction or reduction of the Indenture Obligations due to the Trustee or the Holders by Publishing the Company or any part thereof.
Appears in 1 contract
Sources: Indenture (Hollinger Inc)
Right to Demand Full Performance. In the event of any demand for payment or performance by the Trustee from Holl▇▇▇▇▇ ▇▇▇ernational hereunder, the Trustee or the Holders shall have the right to demand its full claim and to receive all dividends or other payments in respect thereof until the Indenture Obligations shall have been paid in full, and Holl▇▇▇▇▇ ▇▇▇ernational shall continue to be liable hereunder for any balance which may be owing to the Trustee (including the fees and expenses of its agent and counsel) or the Holders by Publishing under this Indenture and the Securities. The retention by the Trustee or the Holders of any security, prior to the realization by the Trustee or the Holders of its rights to such security upon foreclosure thereon, shall not, as between the Trustee and Holl▇▇▇▇▇ ▇▇▇ernational, be considered as a purchase of such 158 - 148 - security, or as payment, satisfaction or reduction of the Indenture Obligations due to the Trustee or the Holders by Publishing or any part thereof.
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