Common use of Provisions Required by Trust Indenture Act of 1939 to Control Clause in Contracts

Provisions Required by Trust Indenture Act of 1939 to Control. If any provision of this Indenture limits, qualifies or conflicts with the duties imposed by any of Sections 310 through 317 of the Trust Indenture Act, by the operation of Section 318(c) thereof, such imposed duties shall control, except as, and to the extent, expressly excluded from this Indenture, as permitted by the Trust Indenture Act. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, such modification or exclusion shall be controlling.

Appears in 2 contracts

Sources: Indenture (Sundstrand Corp /De/), Indenture (Sundstrand Corp /De/)