Common use of No Security Interest Created Clause in Contracts

No Security Interest Created. Nothing in this Indenture or in the Notes, expressed or implied, shall be construed to constitute a security interest under the Uniform Commercial Code or similar legislation, as now or hereafter enacted and in effect, in any jurisdiction, except as set forth in Sections 7.10 and 10.06(D), and solely to the extent Sections 7.10 and 10.06(D) provide the Trustee with security for the payment of compensation, expenses, disbursements, advances or indemnity due to it.

No Security Interest Created. Nothing in this Indenture or in the Notes, expressed or implied, shall be construed to constitute a security interest under the Uniform Commercial Code or similar legislation, as now or hereafter enacted and in effect, in any jurisdictionjurisdiction , except as set forth in Sections 7.10 and 10.06(D), and solely to the extent Sections 7.10 and 10.06(D) provide the Trustee with security for the payment of compensation, expenses, disbursements, advances or indemnity due to it.