Common use of Intervention by Trustee Clause in Contracts

Intervention by Trustee. The Trustee may, but shall not be obligated to, intervene on behalf of the Holders, and shall intervene if requested to do so in writing by the Holders of at least 25% of the aggregate principal amount of Bonds then outstanding, in any judicial proceeding to which the State is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of Holders of the Bonds. The rights and obligations of the Trustee under this Section are subject to the approval of that intervention by a court of competent jurisdiction. The Trustee may require that a satisfactory indemnity bond be provided to it in accordance with Sections 6.01 and 6.02 hereof before it takes action hereunder. The Trustee shall not have any obligation to monitor or take notice of any litigation to which the State is a party.

Intervention by Trustee. The Trustee may, but shall not be obligated to, may intervene on behalf of the Holders, and shall intervene if requested to do so in writing by the Holders of at least 25% a majority of the aggregate principal amount of Senior Bonds then outstanding, in any judicial proceeding to which the State Issuer or Waste Corporation of America, Inc. (the "Company") is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests interest of Holders of the Senior Bonds. The rights and obligations of the Trustee under this Section are subject to the approval of that intervention by a court of competent jurisdiction. The Trustee may require that a satisfactory indemnity bond Senior Bond be provided to it in accordance with Sections 6.01 5.1 and 6.02 5.2 hereof before it takes action hereunder. The Trustee shall not have any obligation to monitor or take notice of any litigation to which the State is a partyunder this Section.

Intervention by Trustee. The Trustee may, but shall not be obligated to, intervene on behalf of the Holders, and shall intervene if requested to do so in writing by the Holders of at least 25% of the aggregate principal amount Aggregate Principal Amount of Bonds then outstandingOutstanding, in any judicial proceeding to which the State Authority is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of Holders of the Bonds. The rights and obligations of the Trustee under this Section are subject to the approval of that intervention by a court of competent jurisdiction. The Trustee may require that a satisfactory indemnity bond be provided to it in accordance with Sections 6.01 and Section 6.02 hereof before it takes action hereunder. The Trustee shall not have any obligation to monitor or take notice of any litigation to which the State Authority is a party.

Intervention by Trustee. The Trustee may, but shall not be obligated to, may intervene on behalf of the Holders, and shall intervene if requested to do so in writing by the Holders of at least 25% of the not less than a majority in aggregate principal amount of Bonds then outstandingOutstanding, in any judicial proceeding to which the State Issuer or the Borrower is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of Holders of the Bonds. The rights and obligations of the Trustee under this Section are subject to the approval of that intervention by a court of competent jurisdiction. The Trustee may require that a satisfactory indemnity bond be provided to it in accordance with Sections 6.01 5.01 and 6.02 5.02 hereof before it takes action hereunder. The Trustee shall not have any obligation to monitor or take notice of any litigation to which the State is a party.OHSUSA:763098104.5

Intervention by Trustee. The Trustee may, but shall not be obligated to, may intervene on behalf of the Holders, and shall intervene if requested to do so in writing by the Holders of at least twenty-five percent (25% %) of the aggregate principal amount of Bonds then outstanding, in any judicial proceeding to which the State Issuer, the Bank or the Borrower is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of Holders of the Bonds. The rights and obligations of the Trustee under this Section are subject to the approval of that intervention by a court of competent jurisdiction. The Trustee may require that a satisfactory indemnity bond be provided to it in accordance with Sections 6.01 and 6.02 hereof before it takes action hereunderunder this Section. The Trustee shall not have any obligation to monitor or take notice of any litigation to which the State is a party91 Section 6.05.

Intervention by Trustee. The Trustee may, but shall not be obligated to, may intervene on behalf of the Holders, and shall intervene if requested to do so in writing by the Holders of at least twenty-five percent (25% %) of the aggregate principal amount of Bonds then outstanding, in any judicial proceeding to which the State Issuer, the Bank or the Borrower is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of Holders of the Bonds. The rights and obligations of the Trustee under this Section are subject to the approval of that intervention by a court of competent jurisdiction. The Trustee may require that a satisfactory indemnity bond be provided to it in accordance with Sections 6.01 and 6.02 hereof before it takes action hereunder. The Trustee shall not have any obligation to monitor or take notice of any litigation to which the State is a partyunder this Section.

Intervention by Trustee. The Trustee may, but shall not be obligated to, may intervene on behalf of the Holders, and shall intervene if requested to do so in writing by the Holders of at least twenty-five percent (25% %) of the aggregate principal amount of Bonds then outstanding, in any judicial proceeding to which the State Issuer, the Bank or the Borrower is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of Holders of the Bonds. The rights and obligations of the Trustee under this Section are subject to the approval of that intervention by a court of competent jurisdiction. The Trustee may require that a satisfactory indemnity bond be provided to it in accordance with Sections 6.01 and 6.02 hereof before it takes action hereunder. The Trustee shall not have any obligation to monitor or take notice of any litigation to which the State is a party.under this Section..

Intervention by Trustee. The Trustee may, but shall not be obligated to, may intervene on behalf of the Holders, and shall intervene if requested to do so in writing by the Holders of at least 25% of the aggregate principal amount of Bonds then outstanding, in any judicial proceeding to which the State Issuer or the Company is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of Holders of the Bonds, provided, however, that at all times during the Agent Consent Period, the Trustee shall take such actions as, and only as, directed by the Agent in writing. The rights and obligations of the Trustee under this Section are subject to the approval of that intervention by a court of competent jurisdiction. The Trustee may require that a satisfactory indemnity bond be provided to it in accordance with Sections 6.01 8.01 and 6.02 hereof 8.02 before it takes action hereunder. The Trustee shall not have any obligation to monitor or take notice of any litigation to which the State is a party.