Common use of Trustee Dealings with Issuer Clause in Contracts

Trustee Dealings with Issuer. The Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer or its affiliates, with the same rights as if it were not Trustee; however, if it acquires any conflicting interest (as defined in the Trust Indenture Act), it must eliminate such conflict, apply to the Commission for permission to continue or resign.

Trustee Dealings with Issuer. The Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer or its affiliates, any Affiliate of the Issuer with the same rights as it would have if it were not Trustee; however. However, if it in the event that the Trustee acquires any conflicting interest (as defined in the Trust Indenture Act), it must eliminate such conflictconflict within 90 days, apply to the Commission SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties.

Trustee Dealings with Issuer. The Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with the Issuer or its affiliates, with the same rights as if it were not Trustee; however, if it acquires any conflicting interest (as defined in the Trust Indenture ActTIA), it must eliminate such conflict, apply to the Commission for permission to continue or resign.

Trustee Dealings with Issuer. The TrusteeTrustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee pledges of the Notes and may otherwise deal with the Issuer or its affiliates, any Affiliate of the Issuer with the same rights as if would have had if it were not Trustee; however. However, if it in the event that the Trustee acquires any conflicting interest (as defined in the Trust Indenture Act), it must eliminate such conflictconflict within 90 days, apply to the Commission for permission to continue as Trustee (if any of the Notes are registered pursuant to the Securities Act), or resign.