Conformity with the Trust Indenture Act Sample Clauses

The "Conformity with the Trust Indenture Act" clause ensures that the terms of an indenture or related agreement comply with the requirements set forth in the Trust Indenture Act of 1939, a federal law regulating certain debt securities. This clause typically mandates that any provisions in the agreement that conflict with the Act are either modified or interpreted to be consistent with it, and may require the parties to take necessary actions to maintain such compliance. Its core function is to guarantee that the agreement remains legally enforceable and valid under federal law, thereby protecting both issuers and investors from inadvertent violations.
Conformity with the Trust Indenture Act. Every supplemental indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act as then in effect.
Conformity with the Trust Indenture Act. Every Supplemental Indenture executed pursuant to this Article IX shall conform to the requirements of the TIA as then in effect.
Conformity with the Trust Indenture Act. Every supplemental indenture executed pursuant to this Article 9 shall conform to the requirements of the TIA as then in effect.
Conformity with the Trust Indenture Act. Every Supplemental Indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act as then in effect.
Conformity with the Trust Indenture Act. Any supplemental indenture executed pursuant to the provisions of this Article Nine shall comply with the Trust Indenture Act, as then in effect; provided that this Section 905 shall not require such supplemen- tal indenture to be qualified under the Trust Indenture Act prior to the time such qualification is in fact required under the terms of the Trust Indenture Act or this Indenture has been qualified under the Trust Indenture Act, nor shall any such qualification constitute any admission or acknowledgment by any party to such supplemental indenture that any such qualification is required prior to the time such qualification is in fact required under the terms of the Trust Indenture Act or this Indenture has been qualified under the Trust Indenture Act.
Conformity with the Trust Indenture Act. Every amendment, supplemental indenture or waiver executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act as then in effect 46 Section 8.01. Consolidation, Merger or Sale of Assets by the Issuer 46 Section 8.02. Successor Substituted 47

Related to Conformity with the Trust Indenture Act

  • Conformity with Trust Indenture Act Every supplemental indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act as then in effect.

  • Conflict with Trust Indenture Act If any provision hereof limits, qualifies or conflicts with another provision hereof that is required to be included in this Indenture by any of the provisions of the Trust Indenture Act, such required provision shall control. The provisions of TIA Sections 310 through 317 that impose duties on any person (including the provisions automatically deemed included herein unless expressly excluded by this Indenture) are a part of and govern this Indenture, whether or not physically contained herein.