Common use of Co-Trustees and Separate Trustees Clause in Contracts

Co-Trustees and Separate Trustees. If at any time it shall be necessary or prudent in order to conform to any law of any jurisdiction in which all or any part of the Trust Estate is located, or make any claim or bring any suit with respect to the Trust Estate or the Lease, or in the event that the Owner Trustee shall have been requested to do so by the Owner Participants or the Owner Trustee being advised by counsel shall determine that it is so necessary or prudent in the interest of the Owner Participants or the Owner Trustee, or the Owner Trustee shall have been directed to do so by a Majority in Interest of Owner Participants, the Owner Trustee and each Owner Participant shall execute and deliver an agreement supplemental hereto and all other instruments and agreements necessary or proper to constitute another bank or trust company or one or more persons (any and all of which shall be a "citizen of the United States" as defined in Section 40102(a)(15) of the Transportation Code) approved by the Owner Trustee and a Majority in Interest of Owner Participants, either to act as co-trustee, jointly with the Owner Trustee, or to act as separate trustee hereunder (any such co-trustee or separate trustee being herein sometimes referred to as an "additional trustee"). In the event the Owner Participants shall not have joined in the execution of such agreements supplemental

Co-Trustees and Separate Trustees. (a) If at any time it shall be necessary or prudent in order to conform to any law Law of any jurisdiction in which all or any part of the Trust Estate is located, or make any claim or bring any suit with respect to the Trust Estate or the Lease, or in the event that the Owner Trustee shall have been requested to do so by the Owner Participants or the Owner Trustee being advised by counsel shall determine that it is so necessary or prudent in the interest of the Owner Participants Participant or the Owner Trustee, or the Owner Trustee shall have been directed to do so by a Majority in Interest of Owner ParticipantsParticipant, the Owner Trustee and each Owner Participant shall execute and deliver an agreement supplemental hereto and all other instruments and agreements necessary or proper to constitute another bank or trust company or one or more persons (any and or all of which shall be a "citizen Citizen of the United States" as defined in Section 40102(a)(15) of the Transportation Code) approved by the Owner Trustee and a Majority in Interest of Owner ParticipantsParticipant, either to act as co-trustee, jointly with the Owner Trustee, or to act as separate trustee hereunder under this Trust Agreement (any such co-trustee or separate trustee being herein sometimes referred to as an "additional trustee"). In the event the Owner Participants Participant shall not have joined in the execution of such agreements supplementalagreements' supplemental hereto within ten days after the receipt of a written request from Owner Trustee so to do, or in case a Lease Event of Default or Indenture Event of Default shall occur and be continuing, Owner Trustee may act under the foregoing provisions of this Section 9.2

Co-Trustees and Separate Trustees. If at any time it shall be necessary or prudent in order to conform to any law Law of any jurisdiction in which all or any part of the Trust Estate is located, or make any claim or bring any suit with respect to the Trust Estate or the Lease, or in the event that the Owner Trustee shall have been requested to do so by the Owner Participants or the Owner Trustee being advised by counsel shall determine that it is so necessary or prudent in the interest of the Owner Participants Participant or the Owner Trustee, or the Owner Trustee shall have been directed to do so by a Majority in Interest of Owner ParticipantsParticipant, the Owner Trustee and each Owner Participant shall execute and deliver an agreement supplemental hereto and all other instruments and agreements necessary or proper to constitute another bank or trust company or one or more persons (any and or all of which shall be a "citizen Citizen of the United States" as defined in Section 40102(a)(15) of the Transportation Code) approved by the Owner Trustee and a Majority in Interest of Owner ParticipantsParticipant, either to act as co-trustee, jointly with the Owner Trustee, or to act as separate trustee hereunder under this Trust Agreement (any such co-trustee or separate trustee being herein sometimes referred to as an "additional trustee"). In the event the Owner Participants Participant shall not have joined in the TRUST AGREEMENT SPECIAL 924 20 execution of such agreements supplementalagreements' supplemental hereto within ten days after the receipt of a written request from Owner Trustee so to do, or in case a Lease Event of Default or Indenture Event of Default shall occur and be continuing, Owner Trustee may act under the foregoing provisions of this Section 9.2 without the concurrence of Owner Participant; and Owner Participant hereby appoints Owner Trustee its agent and attorney-in-fact to act for it under the foregoing provisions of this Section 9.2 in either of such contingencies.

Co-Trustees and Separate Trustees. (a) If at any time it shall be necessary or prudent in order to conform to any law Law of any jurisdiction in which all or any part of the Trust Estate is located, or make any claim or bring any suit with respect to the Trust Estate or the Lease, or in the event that the Owner Trustee shall have been requested to do so by the Owner Participants or the Owner Trustee being advised by counsel shall determine that it is so necessary or prudent in the interest of the Owner Participants Participant or the Owner Trustee, or the Owner Trustee shall have been directed to do so by a Majority in Interest of Owner ParticipantsParticipant, the Owner Trustee and each Owner Participant shall execute and deliver an agreement supplemental hereto and all other instruments and agreements necessary or proper to constitute another bank or trust company or one or more persons (any and or all of which shall be a "citizen Citizen of the United States" as defined in Section 40102(a)(15) of the Transportation Code) approved by the Owner Trustee and a Majority in Interest of Owner ParticipantsParticipant, either to act as co-trustee, jointly with the Owner Trustee, or to act as separate trustee hereunder under this Trust Agreement (any such co-trustee or separate trustee being herein sometimes referred to as an "“additional trustee"”). In the event the Owner Participants Participant shall not have joined in the execution of such agreements supplementalagreements’ supplemental hereto within ten days after the receipt of a written request from Owner Trustee so to do, or in case a Lease Event of Default or Indenture Event of Default shall occur and be continuing, Owner Trustee may act under the foregoing provisions of this Section 9.2 without the