Appointment of Nominee Director or Observer. The Issuer agrees that the Debenture Trustee (acting on instructions of the Debenture Holders) shall have the right to appoint, upon the occurrence of an Event of Default, 1 (one) director on the Board (such director is hereinafter referred to as “Nominee Director”):
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Samples: Debenture Trust Deed, Debenture Trust Deed, Debenture Trust Deed