Common use of Special Purpose Status Clause in Contracts

Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s and officer’s insurance for, its member, special member and manager), the execution of the Issuer Documents and the Operative Agreements to which it is a party and the activities referred to in or contemplated by such agreements.

Appears in 8 contracts

Samples: Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc)

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Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization and other appropriate limited liability company partnership steps and arrangements for the payment of fees to, and director’s and officer’s insurance for, its member, special member and manager)partners, the execution of the Issuer Documents and the Operative Agreements to which it is a party and the activities referred to in or contemplated by such agreements).

Appears in 3 contracts

Samples: Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc)

Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s and officer’s insurance for, permitted by its member, special member and manager)organizational documents, the execution of the Issuer Related Documents and the Operative Agreements to which it is a party and the activities referred to to, in or contemplated by such agreements), and the Issuer has not paid any dividends or made any similar distributions since its organization.

Appears in 2 contracts

Samples: NPS Pharmaceuticals Inc, NPS Pharmaceuticals Inc

Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s 's and officer’s 's insurance for, its member, special member and manager), the execution of the Issuer Documents and the Operative Agreements to which it is a party and the activities referred to in or contemplated by such agreements.

Appears in 2 contracts

Samples: Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc)

Special Purpose Status. The Issuer has not engaged in any activities since its organization incorporation (other than those incidental to its organization incorporation and other appropriate limited liability company corporate steps including the issue of shares and arrangements for the payment of fees to, and director’s and officer’s insurance for, the members of its memberBoard, special member the authorization and manager)the issuance of the Initial Notes, the execution of the Issuer Related Documents and the Operative Agreements to which it is a party and the activities referred to in or contemplated by such agreements), and the Issuer has not paid any dividends or other distributions since its incorporation.

Appears in 2 contracts

Samples: Trust Indenture (Genesis Lease LTD), Trust Indenture (Babcock & Brown Air LTD)

Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s and officer’s insurance for, its member, special member and manager), ) and other than the execution of the Issuer Documents and the Operative Agreements to which it is a party and the activities referred to in or contemplated by such agreements.

Appears in 2 contracts

Samples: Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc)

Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization incorporation and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s 's and officer’s 's insurance for, its memberthe Directors, special member the authorization and manager)issuance of the Initial Securities, the execution of the Issuer Related Documents and the Operative Agreements to which it is a party and the activities referred to in or contemplated by such agreements), and the Issuer has not paid any dividends or other distributions since its organization.

Appears in 2 contracts

Samples: Trust Indenture (Aircastle LTD), Trust Indenture (Aircastle LTD)

Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization incorporation and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s and officer’s insurance for, its memberthe Directors, special member the authorization and manager)issuance of the Initial Securities, the execution of the Issuer Related Documents and the Operative Agreements to which it is a party and the activities referred to in or contemplated by such agreements), and the Issuer has not paid any dividends or other distributions since its organization.

Appears in 2 contracts

Samples: Trust Indenture (Aircastle LTD), Trust Indenture (Aircastle LTD)

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Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s and officer’s insurance for, its member, special member and manager), the execution of (i) the Issuer Documents and the Operative Agreements to which it is a party and (ii) the Issuer Documents and the Operative Agreements (in each case, as defined in the 2011 Master Indenture) to which it is a party and, in either case, the activities referred to in or contemplated by such agreements.

Appears in 1 contract

Samples: Master Indenture (Trinity Industries Inc)

Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s and officer’s insurance for, its member, special member and manager), the execution of (i) the Issuer Documents and the Operative Agreements to which it is a party and (ii) the Issuer Documents and the Operative Agreements (in each case, as defined in the 2012 Master Indenture) to which it is a party and, in either case, the activities referred to in or contemplated by such agreements.

Appears in 1 contract

Samples: Master Indenture (Trinity Industries Inc)

Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s and officer’s insurance for, its member, special member and manager), 84 the execution of the Issuer Documents and the Operative Agreements to which it is a party and the activities referred to in or contemplated by such agreements.

Appears in 1 contract

Samples: Master Indenture (Trinity Industries Inc)

Special Purpose Status. The Issuer has not engaged in any activities since its organization (other than those incidental to its organization and other appropriate limited liability company steps and arrangements for the payment of fees to, and director’s and officer’s insurance for, permitted by its member, special member and manager)organizational documents, the execution of the Issuer Related Documents and the Operative Agreements to which it is a party and the activities referred to to, in or contemplated by such agreements, and the Issuer has not paid any dividends or made any similar distributions since its organization.

Appears in 1 contract

Samples: Indenture (Alkermes Inc)

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