The section outlines the fiduciary role of the Trustee with respect to security interests, stating that the Trustee acts as a fiduciary for the Holders and as an agent for other Secured Parties. It clarifies that the Trustee has no fiduciary duties to Secured Parties other than the Holders, except for express obligations under the Indenture.
documents/vol00010-efta01365454-pdf.pdf
{"title":"Fiduciary for Holders Only; Agent for Other Secured Parties","document_type":"legal","document_subtype":"Indenture","key_organizations":["Trustee","Holders","Secured Party"],"reference_numbers":["DB-SDNY-0056198","SDNY_GM_00202382","EFTA01365454"]}