Common use of Dealings by Trustees Clause in Contracts

Dealings by Trustees. The Trustees may from time to time in their 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 Company hereunder: (a) enforce or take action under or abstain from enforcing or taking action under this Indenture or any other agreement; (b) renew all or any part of any Obligations or grant extensions of time or any other indulgences to the Issuer or to any other guarantor or other Person liable directly or as surety for all or any part of any Obligations; (c) accept or make any compromises or arrangements with or release, discharge or otherwise deal with or abstain from dealing with the Issuer or any other guarantor or other Person liable directly or as surety for all or any part of any Obligations; (d) apply all money at any time received from the Issuer in respect of the Obligations upon such part of the Obligations as the Trustees may see fit or change any such application in whole or in part from time to time as they may see fit; (e) in whole or in part prove or abstain from proving a claim in any Proceedings of or affecting the Issuer or any other Person; and (f) agree with the Issuer, any other guarantor or any other Person to do anything described in Sections 5.5(a) to 5.5(e), whether or not any of the matters described above occur alone or in connection with one or more other such matters.