Application to Court. The Trustee may at any time after the service of an Acceleration Notice apply to any court of competent jurisdiction for an order that the terms of this Indenture be carried into execution under the direction of such court and for the appointment of a Receiver of the Collateral or any part thereof and for any other order in relation to the administration of this Indenture as the Trustee shall deem fit, and it may assent to or approve any application to any court of competent jurisdiction made at the instigation of any of the Noteholders and shall be indemnified by the Issuer against all costs, charges and expenses incurred by it in relation to any such application or proceedings.
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Samples: Indenture (Theravance Biopharma, Inc.), Indenture (Theravance Biopharma, Inc.), Indenture (Ironwood Pharmaceuticals Inc)
Application to Court. The Security Trustee may at any time after the service of an Acceleration a Default Notice apply to any court of competent jurisdiction for an order that the terms of this Indenture be carried into execution under the direction of such court and for the appointment of a Receiver of the Collateral or any part thereof and for any other order in relation to the administration of this Indenture as the Senior Trustee shall deem fit, fit and it may assent to or approve any application to any court of competent jurisdiction made at the instigation of any of the Noteholders and shall be indemnified by the Issuer against all costs, charges and expenses incurred by it in relation to any such application or proceedings.
Appears in 2 contracts
Samples: Indenture (Aerco LTD), Indenture (Morgan Stanley Aircraft Finance)
Application to Court. The Trustee may at any time after the service of an Acceleration a Default Notice apply to any court of competent jurisdiction for an order that the terms of this Indenture be carried into execution under the direction of such court and for the appointment of a Receiver of the Collateral or any part thereof and for any other order in relation to the administration of this Indenture as the Trustee shall deem fit, fit and it may assent to or approve any application to any court of competent jurisdiction made at the instigation of any of the Noteholders Holders or the Policy Provider and shall be indemnified by the Issuer against all costs, charges and expenses incurred Incurred by it in relation to any such application or proceedings.
Appears in 2 contracts
Samples: Trust Indenture (Babcock & Brown Air LTD), Trust Indenture (Genesis Lease LTD)
Application to Court. The Trustee may at any time after the service of an Acceleration Notice apply to any court of competent jurisdiction for an order that the terms of this Indenture be carried into execution under the direction of such court and for the appointment of a Receiver of the Collateral or any part thereof and for any other order in relation to the administration of this Indenture as the Trustee shall deem fit, fit and it may assent to or approve any application to any court of competent jurisdiction made at the instigation of any of the Noteholders and shall be indemnified by the Issuer against all costs, charges and expenses incurred by it in relation to any such application or proceedings.
Appears in 2 contracts
