Common use of Execution of Supplemental Trust Agreements Clause in Contracts

Execution of Supplemental Trust Agreements. From time to time the Corporation, PureRay U.S., PureRay Holdings and the Trustee may, subject to the provisions of these presents, and they shall, when so directed by these presents, execute and deliver by their proper officers, agreements or other instruments supplemental hereto, which thereafter shall form part hereof, for any one or more of the following purposes: (a) evidencing the succession of PureRay U.S. Successors and the covenants of and obligations assumed by each such PureRay U.S. Successor in accordance with the provisions of Article 11 and the successors of any successor trustee in accordance with the provisions of Article 10; (b) making any additions to, deletions from or alterations of the provisions of this Agreement or the Voting Rights, the Exchange Right or the Automatic Exchange Rights which, in the opinion of the Trustee, will not be prejudicial to the interests of the Beneficiaries or are, in the opinion of counsel to the Trustee, necessary or advisable in order to incorporate, reflect or comply with any legislation the provisions of which apply to PureRay U.S., PureRay Holdings, the Corporation, the Trustee or this Agreement; and (c) for any other purposes not inconsistent with the provisions of this Agreement, including without limitation, to make or evidence any amendment or modification to this Agreement as contemplated hereby, provided that, in the opinion of the Trustee, the rights of the Trustee and Beneficiaries will not be prejudiced thereby.

Execution of Supplemental Trust Agreements. From Notwithstanding Section 11.1, from time to time ACTsub (when authorized by a resolution of the CorporationBoard of Directors), PureRay U.S., PureRay Holdings ACT (when authorized by a resolution of its board of directors) and the Trustee may, subject to the provisions of these presentshereof, and they shall, when so directed by these presents, execute and deliver by their proper officers, agreements or other instruments supplemental hereto, which thereafter shall form part hereof, for any one or more of the following purposes: (a) evidencing the succession of PureRay U.S. ACT Successors to ACT and the covenants of and obligations assumed by each such PureRay U.S. ACT Successor in accordance with the provisions of Article 11 10 and the successors succession of any successor trustee in accordance with the provisions of Article 109; (b) making any additions to, deletions from or alterations of the provisions of this Agreement or the Voting Rights, the Exchange Right or the Automatic Exchange Rights which, in the opinion of the Trustee, will not be prejudicial to the interests of the Beneficiaries or arethat, in the opinion of counsel to the Trustee, Trustee are necessary or advisable in order to incorporate, reflect or comply with any legislation the provisions of which apply to PureRay U.S., PureRay HoldingsACT, the CorporationACTsub, the Trustee or this Agreement; and (c) for any other purposes not inconsistent with the provisions of this AgreementAgreement including, including without limitation, to make or evidence any amendment or modification to this Agreement as contemplated hereby, provided that, in the opinion of the Trustee, on the advice of counsel, the rights of the Trustee and Beneficiaries the Holders as a whole will not be prejudiced thereby.

Execution of Supplemental Trust Agreements. No amendment to or modification or waiver of any of the provisions of this trust agreement otherwise permitted hereunder shall be effective unless made in writing and signed by all of the parties hereto. From time to time the CorporationCorporation (when authorized by a resolution of its Board of Directors), PureRay U.S., PureRay Holdings the Parent (when authorized by a resolution of the Parent Board of Directors) and the Trustee may, subject to the provisions of these presents, and they shall, when so directed by these presents, execute and deliver by their proper officers, trust agreements or other instruments supplemental hereto, which thereafter shall form part hereof, for any one or more of the following purposes: (a) evidencing the succession of PureRay U.S. Parent Successors to the Parent and the covenants of and obligations assumed by each such PureRay U.S. Parent Successor in accordance with the provisions of Article 11 and the successors successor of any successor trustee in accordance with the provisions of Article 10; (b) making any additions to, deletions from or alterations of the provisions of this Agreement or the Voting Rights, the Exchange Right or the Automatic Exchange Rights which, in the opinion of the Trustee, will not be prejudicial to the interests of the Beneficiaries or are, in the opinion of counsel to the Trustee, necessary or advisable in order to incorporate, reflect or comply with any legislation the provisions of which apply to PureRay U.S., PureRay Holdings, the Corporation, the Trustee or this Agreement; and (c) for any other purposes not inconsistent with the provisions of this Agreementtrust agreement, including without limitation, limitation to make or evidence any amendment or modification to this Agreement trust agreement as contemplated hereby, provided that, in the opinion of the TrusteeTrustee and its counsel, acting reasonably, the rights of the Trustee and Beneficiaries the Non-Affiliated Holders as a whole will not be prejudiced thereby.

Execution of Supplemental Trust Agreements. From Notwithstanding section 11.1, from time to time the CorporationCorporation (when authorized by a resolution of the Board of Directors), PureRay U.S., PureRay Holdings Applied (when authorized by a resolution of its board of directors) and the Trustee may, subject to the provisions of these presentshereof, and they shall, when so directed by these presents, execute and deliver by their proper officers, agreements or other instruments supplemental hereto, which thereafter shall form part hereof, for any one or more of the following purposes: (a) evidencing the succession of PureRay U.S. Applied Successors to Applied and the covenants of and obligations assumed by each such PureRay U.S. Applied Successor in accordance with the provisions of Article 11 10 and the successors succession of any successor trustee in accordance with the provisions of Article 109; (b) making any additions to, deletions from or alterations of the provisions of this Agreement or the Voting Rights, the Exchange Right or the Automatic Exchange Rights which, in the opinion of the Trustee, will not be prejudicial to the interests of the Beneficiaries or arethat, in the opinion of counsel to the Trustee, Trustee are necessary or advisable in order to incorporate, reflect or comply with any legislation the provisions of which apply to PureRay U.S., PureRay HoldingsApplied, the Corporation, the Trustee or this Agreement; and (c) for any other purposes not inconsistent with the provisions of this AgreementAgreement including, including without limitation, to make or evidence any amendment or modification to this Agreement as contemplated hereby, provided that, in the opinion of the Trustee, on the advice of counsel, the rights of the Trustee and Beneficiaries the Holders as a whole will not be prejudiced thereby.

Execution of Supplemental Trust Agreements. From Notwithstanding the provisions of Section 11.1, from time to time the CorporationMolycorp, PureRay U.S.Callco and Exchangeco (in each case, PureRay Holdings when authorized by a resolution of its board of directors) and the Trustee may, subject to the provisions of these presents, and they shall, when so directed by these presents, execute and deliver by their proper officers, trust agreements or other instruments supplemental hereto, which thereafter shall form part hereof, for any one or more of the following purposes: (a) evidencing the succession of PureRay U.S. Molycorp Successors and the covenants of and obligations assumed by each such PureRay U.S. Molycorp Successor in accordance with the provisions of Article 11 10 and the successors of the Trustee or any successor trustee in accordance with the provisions of Article 109; (b) making any additions to, deletions from or alterations of the provisions of this Agreement or the Voting Rights, the Exchange Right or the Automatic Exchange Rights Right which, in the opinion of the Trustee, will not be prejudicial to the interests of the Beneficiaries or are, in the opinion of counsel to the Trustee, necessary or advisable in order to incorporate, reflect or comply with any legislation the provisions of which apply to PureRay U.S.Molycorp, PureRay HoldingsCallco, the CorporationExchangeco, the Trustee or this Agreement; and (c) for any other purposes not inconsistent with the provisions of this Agreement, including without limitation, to make or evidence any amendment or modification to this Agreement as contemplated hereby, ; provided that, in the opinion of the Trustee, the rights of the Trustee and Beneficiaries will not be prejudiced thereby.