Common use of Dealings by Trustee Clause in Contracts

Dealings by Trustee. The Trustee or Trustees may from time to time in their absolute discretion, without discharging, diminishing or in any way affecting the liability of the Guarantors hereunder: 4.2.1 enforce or take action under or abstain from enforcing or taking action under the Indenture, any other guarantee or any other agreement; 4.2.2 renew all or any part of the Guaranteed Obligations or grant extensions of time or any other indulgences to an Issuer or to any other guarantor or other Person liable directly or as surety for all or any part of the Guaranteed Obligations; 4.2.3 accept or make any compositions or arrangements with or release, discharge or otherwise deal with or abstain from dealing with an Issuer or any other guarantor or other Person liable directly or as surety for all or any part of the Guaranteed Obligations; 4.2.4 apply all money at any time received from any Issuer in respect of the Guaranteed Obligations upon such part of the Guaranteed Obligations as the Trustee or Trustees may see fit or change any such application in whole or in part from time to time as each of them may see fit; 4.2.5 in whole or in part prove or abstain from proving a claim of the Trustee or Trustees in any Proceedings of or affecting an Issuer or any other Person; and 4.2.6 agree with an Issuer, any other guarantor or any other Person to do anything described in Sections 4.2.1 to 4.2.5, whether or not any of the matters described above occur alone or in connection with one or more other such matters.

Appears in 12 contracts

Samples: Guarantee (Brookfield Infrastructure Partners L.P.), Guarantee (Brookfield Infrastructure Partners L.P.), Guarantee (Brookfield Infrastructure Partners L.P.)

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Dealings by Trustee. The Trustee or Trustees may from time to time in their its absolute discretion, without discharging, diminishing or in any way affecting the liability of the Guarantors Guarantor hereunder: 4.2.1 enforce or take action under or abstain from enforcing or taking action under the Indenture, any other guarantee or any other agreement; 4.2.2 renew all or any part of the Guaranteed Obligations or grant extensions of time or any other indulgences to an Issuer the Borrower or to any other guarantor or other Person liable directly or as surety for all or any part of the Guaranteed Obligations; 4.2.3 accept or make any compositions or arrangements with or release, discharge or otherwise deal with or abstain from dealing with an Issuer the Borrower or any other guarantor or other Person liable directly or as surety for all or any part of the Guaranteed Obligations; 4.2.4 apply all money at any time received from any Issuer in respect of the Guaranteed Obligations upon such part of the Guaranteed Obligations as the Trustee or Trustees may see fit or change any such application in whole or in part from time to time as each of them may see fit; 4.2.5 in whole or in part prove or abstain from proving a claim of the Trustee or Trustees in any Proceedings of or affecting an Issuer the Borrower or any other Person; and 4.2.6 4.2.5 agree with an Issuerthe Borrower, any other guarantor or any other Person to do anything described in Sections 4.2.1 to 4.2.54.2.4, whether or not any of the matters described above occur alone or in connection with one or more other such matters.

Appears in 9 contracts

Samples: Guarantee (Brookfield Renewable Corp), Guarantee (Brookfield Renewable Partners L.P.), Guarantee (Brookfield Renewable Partners L.P.)

Dealings by Trustee. The Trustee or Trustees may from time to time in their absolute discretion, without discharging, diminishing or in any way affecting the liability of the Guarantors Guarantor hereunder: 4.2.1 enforce or take action under or abstain from enforcing or taking action under the Indenture, any other guarantee or any other agreement; 4.2.2 renew all or any part of the Guaranteed Obligations or grant extensions of time or any other indulgences to an Issuer or to any other guarantor or other Person liable directly or as surety for all or any part of the Guaranteed Obligations; 4.2.3 accept or make any compositions or arrangements with or release, discharge or otherwise deal with or abstain from dealing with an Issuer or any other guarantor or other Person liable directly or as surety for all or any part of the Guaranteed Obligations; 4.2.4 apply all money at any time received from any Issuer in respect of the Guaranteed Obligations upon such part of the Guaranteed Obligations as the Trustee or Trustees may see fit or change any such application in whole or in part from time to time as each of them may see fit; 4.2.5 in whole or in part prove or abstain from proving a claim of the Trustee or Trustees in any Proceedings of or affecting an Issuer or any other Person; and 4.2.6 agree with an Issuer, any other guarantor or any other Person to do anything described in Sections 4.2.1 to 4.2.5, whether or not any of the matters described above occur alone or in connection with one or more other such matters.

Appears in 3 contracts

Samples: Guarantee (Brookfield Infrastructure Corp), Guarantee (Brookfield Infrastructure Partners L.P.), Guarantee (Brookfield Infrastructure Partners L.P.)

Dealings by Trustee. The Trustee or Trustees on behalf of the Holders may from time to time in their its absolute discretion, and shall, when directed by the Holders, in each case in accordance with the Indenture, without discharging, diminishing or in any way affecting the liability of the Guarantors hereunder: 4.2.1 enforce or take action under or abstain from enforcing or taking action under the Indenture, any other guarantee or any other agreement; 4.2.2 renew all or any part of the any Guaranteed Obligations or grant extensions of time or any other indulgences to an the Issuer or to any other guarantor or other Person liable directly or as surety for all or any part of the any Guaranteed Obligations; 4.2.3 accept or make any compositions compromises or arrangements with or release, discharge or otherwise deal with or abstain from dealing with an the Issuer or any other guarantor or other Person liable directly or as surety for all or any part of the any Guaranteed Obligations; 4.2.4 apply all money at any time received from any Issuer in respect of the Guaranteed Obligations upon such part of the Guaranteed Obligations as the Trustee or Trustees may see fit or change any such application in whole or in part from time to time as each of them may see fit; 4.2.5 in whole or in part prove or abstain from proving a claim of the Trustee or Trustees in any Proceedings of or affecting an the Issuer or any other Person; and 4.2.6 agree with an the Issuer, any other guarantor or any other Person to do anything described in Sections 4.2.1 to 4.2.5, whether or not any of the matters described above occur alone or in connection with one or more other such matters.

Appears in 3 contracts

Samples: Guarantee (Brookfield Renewable Corp), Guarantee (Brookfield Renewable Partners L.P.), Guarantee (Brookfield Property Partners L.P.)

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Dealings by Trustee. The Trustee or Trustees may from time to time on behalf of the Holders shall, when directed by the Holders, in their absolute discretioneach case in accordance with the Indenture, without discharging, diminishing or in any way affecting the liability of the Guarantors hereunder: 4.2.1 (a) enforce or take action under or abstain from enforcing or taking action under the Indenture, any other guarantee this Fifth Supplemental Indenture or any other agreement; 4.2.2 (b) renew all or any part of the any Guaranteed Obligations or grant extensions of time or any other indulgences to an Issuer the Corporation or to any other guarantor or other Person liable directly or as surety for all or any part of the any Guaranteed Obligations; 4.2.3 (c) accept or make any compositions compromises or arrangements with or release, discharge or otherwise deal with or abstain from dealing with an Issuer the Corporation or any other guarantor or other Person liable directly or as surety for all or any part of the any Guaranteed Obligations; 4.2.4 (d) apply all money at any time received from any Issuer the Corporation in respect of the Guaranteed Obligations upon such part of the Guaranteed Obligations as the Trustee or Trustees may see fit or change any such application in whole or in part from time to time as each of them may see fit; 4.2.5 (e) in whole or in part prove or abstain from proving a claim of the Trustee or Trustees in any Proceedings of or affecting an Issuer the Corporation or any other Person; and 4.2.6 (f) agree with an Issuerthe Corporation, any other guarantor or any other Person to do anything described in Sections 4.2.1 8.2(a) to 4.2.58.2(e), whether or not any of the matters described above occur alone or in connection with one or more other such matters.

Appears in 2 contracts

Samples: Fifth Supplemental Indenture (Brookfield Renewable Corp), Fifth Supplemental Indenture (Brookfield Renewable Partners L.P.)

Dealings by Trustee. The Trustee or Trustees may from time to time in their its absolute discretion, and shall when directed by the requisite number or percentage of Holders, in each case in accordance with, and subject to the limitations set out in this Indenture, without discharging, diminishing or in any way affecting the liability of the Guarantors Company hereunder: 4.2.1 (a) enforce or take action under or abstain from enforcing or taking action under the Indenture, any other guarantee this Indenture or any other agreement; 4.2.2 (b) renew all or any part of the Guaranteed any Obligations or grant extensions of time or any other indulgences to an the Issuer or to any other guarantor or other Person liable directly or as surety for all or any part of the Guaranteed any Obligations; 4.2.3 (c) accept or make any compositions compromises or arrangements with or release, discharge or otherwise deal with or abstain from dealing with an the Issuer or any other guarantor or other Person liable directly or as surety for all or any part of the Guaranteed any Obligations; 4.2.4 (d) apply all money at any time received from any the Issuer in respect of the Guaranteed Obligations upon such part of the Guaranteed Obligations as the Trustee or Trustees may see fit or change any such application in whole or in part from time to time as each of them it may see fit; 4.2.5 (e) in whole or in part prove or abstain from proving a claim of the Trustee or Trustees in any Proceedings of or affecting an the Issuer or any other Person; and 4.2.6 (f) agree with an the Issuer, any other guarantor or any other Person to do anything described in Sections 4.2.1 5.5(a) to 4.2.55.5(e), whether or not any of the matters described above occur alone or in connection with one or more other such matters.

Appears in 1 contract

Samples: Subordinated Indenture (Brookfield Asset Management Inc.)

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