Common use of Actions by Escrow Agent to Protect Interest Clause in Contracts

Actions by Escrow Agent to Protect Interest. The Escrow Agent shall have power to institute and to maintain such actions and proceedings as it may consider necessary or expedient to preserve, protect or enforce its interests and the interests of the Receiptholders.

Appears in 7 contracts

Samples: Subscription Receipt Agreement, Subscription Receipt Agreement (Canetic Resources Trust), Subscription Receipt Agreement (Canetic Resources Trust)

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Actions by Escrow Agent to Protect Interest. The Escrow Agent shall have power to institute and to maintain such actions and proceedings as it may consider necessary or expedient to preserve, protect or enforce its interests and the interests of the ReceiptholdersReceiptholders and the Corporation.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Transcanada Corp)

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Actions by Escrow Agent to Protect Interest. The Escrow Agent shall have power to institute and to maintain such actions and proceedings as it may consider necessary or expedient to preserve, protect or enforce its interests and the interests of the ReceiptholdersShareholders.

Appears in 1 contract

Samples: Escrow and Custodial Agreement (Hollinger Inc)

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