Common use of Action Upon Instructions Clause in Contracts

Action Upon Instructions. Subject to the provisions of Sections 5.1 and 5.3, upon the written instructions of the Agent or the Majority Holders (as applicable), the Owner Trustee will take or refrain from taking such action or actions as may be specified in such instructions.

Appears in 8 contracts

Samples: Trust Agreement (Sabre Holdings Corp), Trust Agreement (Sabre Holdings Corp), Credit Agreement (Correctional Services Corp)

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Action Upon Instructions. Subject to the provisions terms of Sections 5.1 and 5.35.3 hereof, upon the written instructions of the Agent or the Majority Holders (as applicable)Owner Participant, the Owner Trustee will shall take or refrain from taking such action or actions not inconsistent with the terms of the Facility Lease and the other Transaction Documents as may be specified in such instructions.

Appears in 1 contract

Samples: Trust Agreement (Panda Interfunding Corp)

Action Upon Instructions. Subject to the provisions terms of Sections 5.1 6.1 and 5.36.3 hereof, upon the written instructions at any time and from time to time of the Agent or the Majority Holders (as applicable)Owner Participant, the Owner Trustee will shall take or refrain from taking such action or actions action, not inconsistent with provisions of the Trust Indenture, as may be specified in such instructions.

Appears in 1 contract

Samples: Trust Agreement (United Air Lines Inc)

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Action Upon Instructions. Subject to the provisions of Sections 5.1 and 5.3, upon the written instructions of the Agent or the Majority Holders (as applicable)Holder, the Owner Trustee will take or refrain from taking such action or actions as may be specified in such instructions.

Appears in 1 contract

Samples: Trust Agreement (Dollar Tree Stores Inc)

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