Common use of Capacity in Which Acting Clause in Contracts

Capacity in Which Acting. Each of Trust Company (or its permitted successors or assigns) and FNBM acts hereunder not in its individual capacity but solely as trustee except as expressly provided herein and in the other Operative Agreements, and, in the case of Trust Company (or its permitted successors or assigns), in the Trust Agreement.

Appears in 2 contracts

Sources: Trust Indenture and Security Agreement (Midway Airlines Corp), Note Purchase Agreement (Midway Airlines Corp)