Common use of Instructions from Note Holders Clause in Contracts

Instructions from Note Holders. In the administration of the trusts created hereunder, the Indenture Trustee shall have the right to seek instructions from a Majority in Interest of Note Holders should any provision of this Trust Indenture appear to conflict with any other provision herein or should the Indenture Trustee's duties or obligations hereunder be unclear, and the Indenture Trustee shall incur no liability in refraining from acting until it receives such instructions. The Indenture Trustee shall be fully protected for acting in accordance with any instructions received under this Section 6.08.

Appears in 9 contracts

Samples: Trust Indenture and Security Agreement (Us Airways Inc), Trust Indenture and Security Agreement (Us Airways Inc), Lease Agreement (Us Airways Inc)

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Instructions from Note Holders. In the administration of the trusts created hereunder, the Indenture Trustee shall have the right to seek instructions from a Majority in Interest of Note Holders should any provision of this Trust Indenture appear to conflict with any other provision herein or should the Indenture Trustee's ’s duties or obligations hereunder be unclear, and the Indenture Trustee shall incur no liability in refraining from acting until it receives such instructions. The Indenture Trustee shall be fully protected for acting in accordance with any instructions received under this Section 6.087.07.

Appears in 7 contracts

Samples: Trust Indenture and Security Agreement, Trust Indenture and Security Agreement (Us Airways Inc), Trust Indenture and Security Agreement (Us Airways Inc)

Instructions from Note Holders. In the administration of the trusts created hereunder, the Indenture Trustee shall have the right to seek instructions from a Majority in Interest of Note Holders should any provision of this Trust Indenture appear to conflict with any other provision herein or should the Indenture Trustee's duties or obligations hereunder be unclear, and the Indenture Trustee shall incur no liability in refraining from acting until it receives such instructions. The Indenture Trustee shall be fully protected for acting in accordance with any instructions received under this Section 6.08.

Appears in 6 contracts

Samples: Indenture and Security Agreement (Us Airways Inc), Owned Aircraft Indenture (Us Airways Inc), Indenture and Security Agreement (Us Airways Inc)

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Instructions from Note Holders. In the administration of the trusts created hereunder, the Indenture Loan Trustee shall have the right to seek instructions from a Majority in Interest of Note Holders should any provision of this Trust Indenture appear to conflict with any other provision herein or should the Indenture Loan Trustee's duties or obligations hereunder be unclear, and the Indenture Loan Trustee shall incur no liability in refraining from acting until it receives such instructions. The Indenture Loan Trustee shall be fully protected for acting in accordance with any instructions received under this Section 6.08.. 874 75

Appears in 1 contract

Samples: Note Purchase Agreement (Continental Airlines Inc /De/)

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