Trust Indenture Legislation Clause Samples
The Trust Indenture Legislation clause establishes that the agreement is subject to, and must comply with, relevant laws governing trust indentures, such as the Trust Indenture Act. This clause typically applies to debt securities issued under a trust indenture, ensuring that the rights and obligations of both the issuer and the trustee are consistent with statutory requirements. Its core function is to ensure legal compliance and protect the interests of security holders by mandating adherence to established regulatory standards.
Trust Indenture Legislation. (1) If and to the extent that any provision of this Indenture limits, qualifies or conflicts with a mandatory requirement of Applicable Legislation, such mandatory requirement shall prevail.
(2) The Corporation and the Warrant Agent agree that each will, at all times in relation to this Indenture and any action to be taken hereunder, observe and comply with and be entitled to the benefits of Applicable Legislation.
Trust Indenture Legislation. (a) In this Article, the term "Applicable Legislation" means the provisions of any statute of Canada or a province thereof and of regulations under any such named or other statute relating to trust indentures and/or to the rights, duties and obligations of warrant agents and of corporations under trust indentures, to the extent that such provisions are at the time in force and applicable to this Indenture.
Trust Indenture Legislation. 7.2. Rights and Duties of Trustee....................................... 7.3. Evidence, Experts and Advisers..................................... 7.4. Documents, Monies, etc. Held by Trustee............................ 7.5. Actions by Trustee to Protect Interests............................
Trust Indenture Legislation. 10.1.1 In this Article 10, the term "Indenture Legislation" means the provisions, if any, of the Canada Business Corporations Act and any other statute of Canada or a province thereof, and of the regulations under any such statute, relating to trust indentures and to the rights, duties and obligations of trustees under trust indentures and of corporations issuing debt obligations under trust indentures, to the extent that such provisions are at the time in force and applicable to this Indenture or the Corporation;
Trust Indenture Legislation. (1) In this Article 12, the expression “indenture legislation” means the provisions, if any, of any statute of Canada or any province thereof, and of any regulations under any such statute, relating to trust indentures and to the rights, duties and obligations of trustees under trust indentures and of corporations issuing debt obligations under trust indentures, to the extent that such provisions are in the Opinion of Counsel at the time in force and applicable to this Indenture or the Company.
Trust Indenture Legislation. (a) In this Article, the term "APPLICABLE LEGISLATION" means the provisions of any statute of Canada or a province thereof and of regulations under any such named or other statute relating to trust indentures and/or to the rights, duties and obligations of warrant agents and of corporations under trust indentures, to the extent that such provisions are at the time in force and applicable to this Indenture.
Trust Indenture Legislation. (1) If and to the extent that any provision of this Indenture limits, qualifies or conflicts with a mandatory requirement of Applicable Legislation, such mandatory requirement shall prevail.
(2) The Company and the Warrant Agent agree that each will at all times in relation to this Indenture and any action to be taken hereunder observe and comply with and be entitled to the benefits of Applicable Legislation.
Trust Indenture Legislation. 11.1.1 In this Article 11, the term “Indenture Legislation” means the provisions, if any, of the Canada Business Corporations Act (Canada) and any other statute of Canada or a province thereof, the U.S. Trust Indenture Act of 1939, as amended, and of the regulations under any such statutes, relating to trust indentures providing for the issue or guarantee of debt obligations by corporations and to the rights, duties and obligations of trustees under such trust indentures and of corporations issuing or guaranteeing debt obligations under trust indentures, to the extent that such provisions are at the time in force and applicable to this Indenture or the Issuer.
Trust Indenture Legislation. (a) In this Indenture, the term “Trust Indenture Legislation” means the provisions, if any, of any statute of Canada or a province thereof, and of regulations under any such statute, relating to trust indentures and to the rights, duties, and obligations of trustees under trust indentures and of Persons issuing debt obligations under trust indentures, to the extent that such provisions are at the time in force and applicable to this Indenture.
Trust Indenture Legislation. 26. 8.2 Rights and Duties of Special Warrant Agent...................... 26. 8.3 Evidence, Experts and Advisers.................................. 28. 8.4 Documents, Monies, etc. Held by Special Warrant Agent........... 29. 8.5 Action by Special Warrant Agent to Protect Interests............ 29. 8.6 Special Warrant Agent Not Required to Give Security............. 29. 8.7 Protection of Special Warrant Agent............................. 29. 8.8