Common use of Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement Clause in Contracts

Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement. Subject to the provisions of Sections 7.01 and 7.02 hereof, the Trustee may, without the consent of the Holders, and at the Issuers’ sole expense, take all actions it deems necessary or appropriate in order to enforce any of the terms of the Pledge Agreement. The Trustee will have the power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the security interest in the Pledged Interests by any acts that may be unlawful or in violation of this Indenture or the Pledge Agreement, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Pledged Interests (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest in the Pledged Interests or be prejudicial to the interests of the Holders or of the Trustee).

Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement. Subject to the provisions of Sections Section 7.01 and 7.02 hereofof the Indenture, the Trustee may, in its sole discretion and without the consent of the HoldersHolders of Notes, and at on behalf of the Issuers’ sole expenseHolders of Notes, take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Pledge AgreementAgreement and (b) collect and receive any and all amounts payable in respect of the Obligations of the Issuers hereunder, including but not limited to the appointment and approval of collateral agents and the appointment and approval of an insurance trustee. The Trustee will shall have the power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the security interest in the Pledged Interests Securities by any acts that may be unlawful or in violation of this Indenture or the Pledge AgreementAgreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Pledged Interests Securities (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest in the Pledged Interests hereunder or be prejudicial to the interests of the Holders of Notes or of the Trustee).

Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement. Subject to On behalf of the provisions of Sections 7.01 and 7.02 hereofHolders, the Trustee may, in its sole discretion and without the consent of the Holders, and at the Issuers’ sole expense, take all reasonable actions it deems in accordance with the Pledge Agreement necessary or appropriate in order to (A) enforce any of the terms of the Pledge AgreementAgreement or (B) collect and receive any and all amounts payable in respect of the obligations of the Company thereunder. The Trustee will shall have the power to institute and to maintain such suits and proceedings as it may deem expedient to prevent any impairment of the security interest in the Pledged Interests by any acts that may be unlawful or in violation of this Indenture or the Pledge Agreement, and such suits and proceedings as the Trustee may reasonably deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Pledged Interests Financial Assets (including the power to institute and maintain suits or proceedings to restrain the enforcement of of, or compliance with with, any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest in the Pledged Interests hereunder or be prejudicial to the interests of the Holders or of the Trustee).

Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement. Subject to the provisions of Sections 7.01 and 7.02 hereof, the The Trustee may, in its sole discretion and without the consent Consent of the Holders, and at the Issuers’ sole expensebut subject to Article Six hereof, take all actions it deems necessary or appropriate in order to (a) enforce or effect the Pledge Agreement, and (b) collect and receive any and all amounts payable in respect of the terms obligations of the Company hereunder, in each case in accordance with and to the extent provided in the Pledge Agreement. Subject to the provisions of the Pledge Agreement. The , the Trustee will shall have the power to institute and to maintain such suits and proceedings as it may deem expedient to prevent any impairment of the security its interest in the Pledged Interests assets comprising the Security Pool by any acts that which may be unlawful or in violation of this Indenture or the Pledge AgreementAgreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests interest and the interests of the Holders of the Notes in the Pledged Interests Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest in the Pledged Interests hereunder or be prejudicial to the interests of the Holders or of the Trustee).

Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement. Subject to the provisions of Sections 7.01 Section 6.1 and 7.02 6.2 hereof, the Trustee may, in its sole discretion and without the consent of the Holders, and at direct, on behalf of the Issuers’ sole expenseHolders, the Collateral Agent to take all actions it deems necessary or appropriate in order to (i) enforce any of the terms of the Pledge AgreementAgreement and (ii) collect and receive any and all amounts payable in respect of the Obligations of the Company hereunder. The Trustee will shall have the power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the security interest in the Pledged Interests Collateral by any acts that may be unlawful or in violation of this Indenture or the Pledge AgreementAgreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Pledged Interests Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest in the Pledged Interests hereunder or be prejudicial to the interests of the Holders or of the Trustee).

Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement. Subject to the provisions of Sections 7.01 and 7.02 hereof, the The Trustee may, in its sole discretion and without the consent of the HoldersHolders of Notes, and at direct, on behalf of the Issuers’ sole expenseHolders of Notes, the Collateral Agent to, take all actions it deems necessary or appropriate in order to to: (a) enforce any of the terms of the Pledge Agreement; and (b) collect and receive any and all amounts payable in respect of the Obligations of the Company hereunder. The Trustee will have the power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the security interest in the Pledged Interests Collateral by any acts that may be unlawful or in violation of this Indenture or the Pledge AgreementAgreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Pledged Interests Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest in the Pledged Interests hereunder or be prejudicial to the interests of the Holders of Notes or of the Trustee).

Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement. Subject to the provisions of Sections Section 7.01 and 7.02 hereof, the Trustee may, in its sole discretion and without the consent of the HoldersHolders of Notes, and at direct, on behalf of the Issuers’ sole expenseHolders of Notes, the Collateral Securities Intermediary to, take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Pledge AgreementAgreement and (b) collect and receive any and all amounts payable in respect of the Obligations of the Company hereunder. The Trustee will shall have the power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the security interest in Cash Collateral and the Pledged Interests Pledge Account by any acts that may be unlawful or in violation of this Indenture or the Pledge AgreementAgreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Pledged Interests Cash Collateral and the Pledge Account (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest in the Pledged Interests hereunder or be prejudicial to the interests of the Holders of Notes or of the Trustee).

Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement. Subject to the provisions of Sections 7.01 and 7.02 hereofthe Pledge Agreement, (a) the Trustee may, in its sole discretion and without the consent of the Holders, and at the Issuers’ sole expense, take all actions it deems necessary or appropriate in order to (i) enforce any of the terms of the Pledge Agreement. The Agreement and (ii) collect and receive any and all amounts payable in respect of the obligations of the Company hereunder and (b) the Trustee will shall have the power to institute and to maintain such suits and proceedings as it may deem expedient to prevent any impairment of the security interest in the Pledged Interests Collateral by any acts act that may be unlawful or in violation of this Indenture or the Pledge AgreementAgreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Pledged Interests Collateral (including the power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest in the Pledged Interests thereunder or be prejudicial to the interests of the Holders or of the Trustee).

Authorization of Actions to Be Taken by the Trustee Under the Pledge Agreement. Subject to the provisions of Sections Section 7.01 and 7.02 hereof, the Trustee may, in its sole discretion and without the consent of the HoldersHolders of Notes, and at direct, on behalf of the Issuers’ sole expenseHolders of Notes, the Collateral Agent to, take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Pledge AgreementAgreement and (b) collect and receive any and all amounts payable in respect of the Obligations of the Company hereunder. The Trustee will shall have the power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the security interest in the Pledged Interests Collateral by any acts that may be unlawful or in violation of this Indenture or the Pledge AgreementAgreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Pledged Interests Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest in the Pledged Interests hereunder or be prejudicial to the interests of the Holders of Notes or of the Trustee).