Common use of Action by Trustee to Protect Rights Clause in Contracts

Action by Trustee to Protect Rights. The Trustee shall have the power to institute and maintain all and any such actions, suits or proceedings as it may consider necessary or expedient to preserve, protect or enforce its rights and the rights of the Holders of the TCPL Sub Notes.

Appears in 2 contracts

Samples: Trust Indenture (TransCanada Trust), Trust Indenture (Transcanada Pipelines LTD)

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Action by Trustee to Protect Rights. The Trustee shall have the power to institute and maintain all and any such actions, suits or proceedings as it may consider necessary or expedient to preserve, protect or enforce its rights and the rights of the Holders of the TCPL Sub Trust Notes.

Appears in 2 contracts

Samples: Trust Indenture (TransCanada Trust), Trust Indenture (Transcanada Pipelines LTD)

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Action by Trustee to Protect Rights. The Trustee shall have the power to institute and maintain all and any such actions, suits or proceedings as it may consider necessary or expedient to preserve, protect or enforce its rights and the rights of the Holders of the TCPL Sub Notes.

Appears in 2 contracts

Samples: Trust Indenture (Emera Inc), Trust Indenture (Emera Inc)

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