Common use of Action Upon Instructions Clause in Contracts

Action Upon Instructions. Upon the written instructions at any time and from time to time of the Trustor, the Owner Trustee will take or refrain from taking such action, not inconsistent with provisions of the Indenture, as may be specified in such instructions.

Appears in 9 contracts

Samples: Trust Agreement (Federal Express Corp), Trust Agreement (Federal Express Corp), Lease Agreement (Atlantic Coast Airlines Inc)

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Action Upon Instructions. Upon the written instructions at any time and from time to time of the TrustorTrustor (which the Trustor agrees shall not be inconsistent with provisions of the Indenture), the Owner Trustee will take or refrain from taking such action, not inconsistent with provisions of the Indenture, action as may be specified in such instructions.

Appears in 1 contract

Samples: Trust Agreement (Federal Express Corp)

Action Upon Instructions. Upon the written instructions at any time and from time to time of the Trustora Majority in Interest of Owner Participants, the Owner Trustee will take or refrain from taking such action, not inconsistent with provisions of the Indenture, as may be specified in such instructions.

Appears in 1 contract

Samples: Federal Express Corp

Action Upon Instructions. Upon the written instructions at any time and from time to time of the TrustorTrustor (which the Trustor agrees shall not be inconsistent with the provisions of the Indenture), the Owner Trustee will take or refrain from taking such action, not inconsistent with provisions of the Indenture, action as may be specified in such instructions.

Appears in 1 contract

Samples: Federal Express Corp

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Action Upon Instructions. Upon the written instructions at any time and from time to time of the TrustorMajority in Interest of Owner Participants, the Owner Trustee will take or refrain from taking such action, not inconsistent with provisions of the Indenture, as may be specified in such instructions.

Appears in 1 contract

Samples: Federal Express Corp

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