Common use of Trustee May File Proofs of Claims Clause in Contracts

Trustee May File Proofs of Claims. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company, the Guarantors or any other obligor upon the Notes, or the property of the Company, the Guarantors or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Notes shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, but is not obligated under this paragraph

Appears in 2 contracts

Samples: Freedom Chemical Co, Gsi Group Inc

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Trustee May File Proofs of Claims. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company, the Guarantors Issuer or any other obligor upon the Notes, Securities or the property of the Company, the Guarantors Issuer or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Notes Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company Issuer for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, but is not obligated under this paragraph:

Appears in 2 contracts

Samples: Senior Debt Indenture (Caprock Communications Corp), Caprock Communications Corp

Trustee May File Proofs of Claims. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company, the Guarantors Company or any other obligor upon the NotesSecurities, including each Guarantor or the property of the Company, the Guarantors Company or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Notes Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, but is not obligated under this paragraph,

Appears in 2 contracts

Samples: Indenture (Chemical Leaman Corp /Pa/), Blue Bird Corp

Trustee May File Proofs of Claims. In case of the --------------------------------- pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company, the Guarantors Company or any other obligor upon the NotesSecurities, including each Guarantor or the property of the Company, the Guarantors Company or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Notes Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, but is not obligated under this paragraph,

Appears in 1 contract

Samples: MTL Inc

Trustee May File Proofs of Claims. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company, the Guarantors Company or any other obligor upon the NotesSecurities, including each Guarantor, if any, or the property of the Company, the Guarantors Company or of such other obligor or their creditorsobligor, the Trustee (irrespective of whether the principal of the Notes Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, but is not obligated under this paragraph

Appears in 1 contract

Samples: Paging Network Do Brazil Sa

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Trustee May File Proofs of Claims. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company, the Guarantors Issuer or any other obligor upon the Notes, Notes or the property of the Company, the Guarantors Issuer or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Notes shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company Issuer for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, but is not obligated under this paragraph:

Appears in 1 contract

Samples: Caprock Communications Corp

Trustee May File Proofs of Claims. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company, the Guarantors Holdings or any other obligor upon the Notes, Notes or the property of the Company, the Guarantors Holdings or of such other obligor or their creditors, the Trustee (irrespective of whether the principal Accreted Value of the Notes shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company Holdings for the payment of overdue principal Accreted Value or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, but is not obligated under this paragraph,

Appears in 1 contract

Samples: Telemundo Holding Inc

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