Enforcement by the Noteholders. No Noteholder or Couponholder shall be entitled to proceed directly against the Issuer or any Guarantor unless the Trustee, having become bound so to proceed, fails so to do within a reasonable period and the failure shall be continuing.
Appears in 3 contracts
Samples: Trust Deed (Caesars Entertainment, Inc.), Trust Deed (Luxottica Group Spa), Trust Deed (Luxottica Group Spa)
Enforcement by the Noteholders. No Noteholder or Couponholder shall be entitled to proceed directly against the Issuer or any the Guarantor unless the Trustee, having become bound so to proceed, fails so to do within a reasonable period and the failure shall be continuing.
Appears in 1 contract
Samples: Trust Deed (Pearson PLC)
Enforcement by the Noteholders. No Noteholder or Couponholder shall be entitled to proceed directly against the Issuer or any Guarantor unless the Trustee, having become bound so to proceed, fails so to do within a reasonable period and the failure shall be continuing.
Appears in 1 contract
Samples: Trust Deed (PPL Corp)
