Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's duties and responsibilities under this Indenture shall be governed by Section 315(a) of the Trust Indenture Act. (b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. (c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture. (d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 20 contracts
Sources: Subordinated Debt Indenture (Emmis Television License Corp of Topeka), Senior Debt Indenture (Emmis Television License Corp of Topeka), Subordinated Debt Indenture (Regent Broadcasting Midwest Inc)
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's duties and responsibilities under this Indenture shall be governed by Section 315(a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 18 contracts
Sources: Indenture (Michigan Consolidated Gas Co /Mi/), Indenture (American Heritage Life Investment Corp), Indenture (Ingersoll Rand Co)
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's ’s duties and responsibilities under this Indenture shall be governed by Section 315(a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 8 contracts
Sources: Subordinated Debt Indenture (Interline Brands, Inc./De), Senior Debt Indenture (Interline Brands, Inc./De), Subordinated Debt Indenture (Interline Brands, Inc./De)
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's duties and responsibilities under this Indenture shall be governed by Section 315(a315 (a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) None of the provisions of Section 315(d315 (d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 4 contracts
Sources: Indenture (WPS Resources Corp), Indenture (Wisconsin Public Service Corp), Indenture (Wisconsin Public Service Corp)
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's duties and responsibilities under this Indenture shall be governed by Section 315(a3.15(a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 2 contracts
Sources: Senior Debt Indenture (Kforce Inc), Senior Debt Indenture (Insight Communications Co Inc)
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's ’s duties and responsibilities under this Indenture shall be governed by Section 315(a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man person would exercise or use under the circumstances in the conduct of his such person’s own affairs.
(c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 2 contracts
Sources: Senior Debt Indenture (Interpublic Group of Companies, Inc.), Senior Debt Indenture (Interpublic Group of Companies Inc)
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's ’s duties and responsibilities under this Indenture shall be governed by Section 315(a315 (a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) None of the provisions of Section 315(d315 (d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 1 contract
Sources: Indenture (WPS Resources Corp)
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's duties and responsibilities under this Indenture shall be governed by Section 315(a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, continuing and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 1 contract
Sources: Senior Debt Securities Indenture (Kaufman & Broad Home Corp)
Certain Duties and Responsibilities of the Trustee. (a) A. Except during the continuance of an Event of Default, the Trustee's duties and responsibilities under this Indenture shall be governed by Section 315(a) of the Trust Indenture Act.
(b) B. In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) C. None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 1 contract
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's duties and responsibilities under this Indenture shall be governed by Section 315(a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01601.
Appears in 1 contract
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's duties and responsibilities under this Indenture shall be governed by Section 315(a3.15(a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
. (d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.S)
Appears in 1 contract
Sources: Senior Debt Indenture (Adelphia Communications Corp)
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's ’s duties and responsibilities under this Indenture shall be governed by Section 315(a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
(c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 1 contract
Sources: Indenture (Kennametal Inc)
Certain Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default, the Trustee's duties and responsibilities under this Indenture shall be governed by Section 315(a) of the Trust Indenture Act.
(b) In case an Event of Default has occurred and is continuing, and is known to the Trustee, the Trustee shall exercise the rights and powers vested in it by this Indenture, and shall use the same degree of care and skill in their exercise, as a prudent man person would exercise or use under the circumstances in the conduct of his such person's own affairs.
(c) None of the provisions of Section 315(d) of the Trust Indenture Act shall be excluded from this Indenture.
(d) Every provision of this Indenture which pertains to the Trustee shall be subject to this Section 6.01.
Appears in 1 contract
Sources: Senior Debt Indenture (Interpublic Group of Companies Inc)