Claims and Procedures in the Hands of the Trustee Sample Clauses

Claims and Procedures in the Hands of the Trustee. 8.1 Without derogating from the other instruction of this Deed of Trust, the Trustee will be entitled to, and at his discretion, without any need of further notification to the Company, to take measures towards the Company for all those procedures, including legal as it thinks right and subject to instructions of all laws, for the enforcement of the Company’s obligations according to the Deed of Trust and in order to realize the (A Series) Bond Holders’ rights according to the Deed of Trust. 8.2 Subject to the instructions in section 21 below (“The Trustee’s Authorization”) the Trustee is obliged to act according to that mentioned in the above section 8.1 if required to do so by a special decision reached by the General Assembly of (A Series) Bond Holders by a majority of 75% of participants in a ballot. If the Trustee sees that under the circumstances the matter is not just and/or reasonable to do so, he will turn to the appropriate courts with a motion for instruction discussed matter. 8.3 The Trustee is entitled to before taking measures as mentioned above, to convene a Bonds Holders Assembly to in order for the Holders by means of a special decision which procedures to take to realize their rights according to the Deed of Trust, the Trustee will be entitled to reconvene the Holders Assembly in order to receive instructions in all matters regarding the management of the said proceedings. 8.4 Subject to the instructions of this Deed, the Trustee is entitled to but not obligated, to convene at any time, a General Assembly of (A Series) Bond Holders in order to discuss and/or receive instructions in all m▇▇▇▇▇ regarding the Deed of Trust. 8.5 The Trustee is entitled to, using his sole discretion, to delay execution of any action by him according to the Deed of Trust, in order to turn to the General Assembly of (A Series) Bond Holders and/or the courts until it receives instructions from the (A Series) Bond Holders and/or instructions from the courts as to how he should act. 8.6 In order to remove any doubts herein that there is in none of the instructions specified above any thing to prejudice the derogate from the Trustee’s rights entrusted to him herein to turn to using his sole discretion to legal instances, even before the (A Series) Bond are offered for immediate settlement, in order to serve any order connected to the Trusteeship matters.