Common use of Authorization of Actions to Be Taken Clause in Contracts

Authorization of Actions to Be Taken. by the Trustee --------------------------------------------------- Under the Pledge Agreement. Subject to the provisions of Section 6.02, the -------------------------- Trustee may, without the consent of the Holders, on behalf of the Holders, take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Pledge Agreement, (b) collect and receive any and all amounts payable in respect of the obligations of the Company hereunder and (c) enter into a Pledge Agreement in ac- cordance with Section 4.21 hereof. The Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts that may be unlawful or in violation of the Pledge Agreement 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 in the 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 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 Escrow Agreement. Subject to the provisions of Section 6.026.01 and Section 6.03, the -------------------------- Trustee may, without the consent of the HoldersHolders of Notes, on behalf of the HoldersHolders of Notes, take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Pledge Agreement, Escrow Agreement and (b) collect and receive any and all amounts payable in respect of the obligations of the Company hereunder and (c) enter into a Pledge Agreement in ac- cordance with Section 4.21 hereofhereunder. The Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts that may be unlawful or in violation of the Pledge Escrow Agreement 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 Notes in the 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 126 -118- security interest 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 Collateral Agreement. Subject to the provisions of Section 6.02Sections 7.1 and 7.2, ------------------------ the -------------------------- Trustee may, without upon the consent written direction of the Holders, Holders of majority in principal amount of the Notes then outstanding may in the name and on behalf of the HoldersHolders of such Notes, take all actions it deems necessary or appropriate as so directed in order to (a) enforce any of the terms of the Pledge Agreement, Collateral Agreement and (b) collect and receive any and all amounts payable in respect of the obligations of the Company hereunder and (c) enter into a Pledge Agreement in ac- cordance with Section 4.21 hereofhereunder. The Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient directed to prevent any impairment of the Collateral by any acts that may be unlawful or in violation of the Pledge Collateral Agreement 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 Collateral with respect to such Notes (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 hereunder or be prejudicial to the interests of the Holders of such Notes or of the Trustee).

Authorization of Actions to Be Taken. by the Trustee --------------------------------------------------- Under the Pledge Escrow Agreement. Subject to the provisions of Section 6.026.01 and Section 6.03, the -------------------------- Trustee may, without the consent of the HoldersHolders of Notes, on behalf of the HoldersHolders of Notes, take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Pledge Agreement, Escrow Agreement and (b) collect and receive any and all amounts payable in respect of the obligations of the Company hereunder and (c) enter into a Pledge Agreement in ac- cordance with Section 4.21 hereofhereunder. The Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts that may be unlawful or in violation of the Pledge Escrow Agreement 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 Notes in the 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 hereunder or be prejudicial to the interests of the Holders of Notes or of the Trustee).