Common use of Trustee Dealings with Issuer Clause in Contracts

Trustee Dealings with Issuer. The Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would have if it were not 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.

Appears in 5 contracts

Samples: Indenture (Wynn Resorts LTD), Indenture (Wynn Resorts LTD), Indenture (Wynn Resorts LTD)

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Trustee Dealings with Issuer. The TrusteeTrustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee pledges of the Notes and may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it if would have had if it were not Trustee. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC Commission for permission to continue as trustee Trustee (if any of the Notes are registered pursuant to the Securities Act), or resign. Any Agent may do the same with like rights and duties.

Appears in 3 contracts

Samples: Supplemental Indenture (Akumin Inc.), Contingent Value Rights Agreement (Akumin Inc.), Akumin Inc.

Trustee Dealings with Issuer. The Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes Notes, and may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would have their 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.

Appears in 1 contract

Samples: Management Agreement (International Specialty Products Inc /New/)

Trustee Dealings with Issuer. The TrusteeTrustee under the Indenture, in its individual or any other capacity, may become make loans to, accept deposits from, and perform services for the owner Issuer or pledgee of Notes its Affiliates, and may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would have its Affiliates, as if it were not Trustee. However; however, in the event that if the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee Trustee or resign. Any Agent may do the same with like rights and duties.

Appears in 1 contract

Samples: Collateral Agreement (Mortgage & Realty Trust)

Trustee Dealings with Issuer. The TrusteeTrustee under the Indenture, in its individual or any other capacity, may become make loans to, accept deposits from, and perform services for the owner Issuer or pledgee of Notes its Affiliates, and may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would have its Affiliates, as if it were not the Trustee. However; however, in the event that if the Trustee acquires any conflicting interest it must eliminate such conflict within 90 days, apply to the SEC for permission to continue as trustee the Trustee or resign. Any Agent may do the same with like rights and duties.

Appears in 1 contract

Samples: Jamboree LLC

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Trustee Dealings with Issuer. The Trustee, in its individual or any other capacity, may become the owner or pledgee of the Notes and may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would have their 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.

Appears in 1 contract

Samples: Management Agreement (International Specialty Products Inc /New/)

Trustee Dealings with Issuer. The Trustee, in its individual or any other capacity, may become the owner make loans to, accept deposits from, and perform services for Issuer or pledgee of Notes its Affiliates, and may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would have 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 for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties.

Appears in 1 contract

Samples: Petco Animal Supplies Inc

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