Common use of Trustee Dealings with Company Clause in Contracts

Trustee Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to and entitled to the benefits of Article 7 of the Base Indenture.

Appears in 11 contracts

Samples: Supplemental Indenture (NRG Energy, Inc.), Supplemental Indenture (NRG Energy, Inc.), Supplemental Indenture (NRG Energy, Inc.)

AutoNDA by SimpleDocs

Trustee Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to and entitled to the benefits of Article 7 of the Base Indenture.

Appears in 10 contracts

Samples: Indenture (Clearway Energy LLC), Collateral Trust Agreement (Aes Corp), Indenture (Clearway Energy, Inc.)

Trustee Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee. However; however, in the event that the Trustee if it acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC Commission for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to and entitled to the benefits of Article 7 of the Base Indenture.

Appears in 8 contracts

Samples: License Agreement (Finlay Enterprises Inc /De), License Agreement (Finlay Fine Jewelry Corp), Senior Subordinated Note Purchase Agreement (Transtechnology Corp)

Trustee Dealings with Company. The Trustee, Trustee in its individual or any other capacity, capacity may make loans to, accept deposits from, and perform services for become the Company owner or its Affiliates, pledgee of Notes and may otherwise deal with the Company or its Affiliates, as any Affiliate of the Company with the same rights it would have if it were not the Trustee. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90 ninety (90) days, apply to the SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 8.10 and entitled to the benefits of Article 7 8.11 of the Base Indenture.

Appears in 8 contracts

Samples: Intercreditor Agreement (FiberTower CORP), Intercreditor Agreement (FiberTower CORP), Intercreditor Agreement (FiberTower CORP)

Trustee Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee. However, in the event that if the Trustee acquires any conflicting interest interest, it must eliminate such conflict within 90 daysdays and, if required, apply to the SEC for permission to continue as trustee Trustee (if the Indenture has been qualified under the TIA) or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to and entitled to the benefits of Article 7 of the Base Indenture.

Appears in 5 contracts

Samples: Indenture (Maxcom Telecommunications Inc), Intercompany Subordination and Credit Agreement, Indenture (Maxcom Telecommunications Inc)

Trustee Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 611 and entitled to the benefits of Article 7 612 of the Base Indenture.

Appears in 1 contract

Samples: Senior Indenture (Reliant Energy Inc)

Trustee Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 7.10 and entitled to the benefits of Article 7 7.11 of the Base Indenture.

Appears in 1 contract

Samples: Indenture (Reliant Energy Solutions LLC)

AutoNDA by SimpleDocs

Trustee Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to and entitled to the benefits of Article ‎Article 7 of the Base Indenture.

Appears in 1 contract

Samples: Indenture (Pattern Energy Group Inc.)

Trustee Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company Issuer or its Affiliates, and may otherwise deal with the Company Issuer or its Affiliates, as if it were not the Trustee. However, in the event that the Trustee or the Collateral Agent acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee days or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to and entitled to the benefits of Article 7 of the Base Indenture.

Appears in 1 contract

Samples: Indenture (QGOG Constellation S.A.)

Trustee Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, A2-7 as if it were not the Trustee. However; however, in the event that the Trustee if it acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to and entitled to the benefits of Article 7 of the Base Indenture.

Appears in 1 contract

Samples: Sycamore Park Convalescent Hospital

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