Common use of Dealing in Bonds Clause in Contracts

Dealing in Bonds. The Trustee, the Bank, a Registrar, a Paying Agent and an Authenticating Agent, their affiliates, and any directors, officers, partners, employees or agents thereof, in good faith, may become the owners of Bonds secured hereby with the same rights which it or they would have hereunder if the Trustee, the Registrar, the Bank, a Paying Agent or an Authenticating Agent did not serve in those capacities.

Appears in 2 contracts

Sources: Trust Indenture (Escalade Inc), Loan Agreement (Centerpoint Properties Corp)