Common use of Intervention in Litigation of the Issuer Clause in Contracts

Intervention in Litigation of the Issuer. In any judicial proceeding to which the Issuer is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of the Owners of the Bonds, the Trustee may intervene on behalf of the Owners of the Bonds and shall, upon receipt of indemnity satisfactory to it, do so if requested in writing by Owners of at least 25% in aggregate principal amount of the Bonds then Outstanding if permitted by the court having jurisdiction in the premises.

Intervention in Litigation of the Issuer. In any judicial proceeding to which the Issuer is a party and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of the Owners of the Bonds, the Trustee may intervene on behalf of the Owners of the Bonds and shall, shall upon receipt of indemnity satisfactory to it, do so if requested in writing by it (except against its own negligence or willful misconduct) at the written request of the Owners of at least 25% in aggregate principal amount of the Bonds then Outstanding and if permitted by the court having jurisdiction in the premises, intervene in such judicial proceeding.

Intervention in Litigation of the Issuer. In any judicial proceeding to which the Issuer is a party and which in the opinion of the Trustee and its counsel Counsel has a substantial bearing on the interests of the Owners of the Bonds, the Trustee may intervene on behalf of the Owners of the Bonds and shall, shall upon receipt of indemnity satisfactory to it, do so if requested in writing by it (except against its own negligence or willful misconduct) at the written request of the Owners of at least 25% in aggregate principal amount of the Bonds then Outstanding and if permitted by the court having jurisdiction in the premises, intervene in such judicial proceeding.

Intervention in Litigation of the Issuer. In any judicial proceeding to which the Issuer is a party and which in the opinion of the Trustee and its counsel has a -64- Port of Xxxxxx Series 1998A Trust Indenture substantial bearing on the interests of the Owners of the Bonds, the Trustee may intervene on behalf of the Owners of the Bonds and shall, shall upon receipt of indemnity satisfactory to it, do so if requested in writing by it (except against gross negligence or willful misconduct) at the written request of the Owners of at least 25% in aggregate principal amount of the Bonds then Outstanding and if permitted by the court having jurisdiction in the premises, intervene in such judicial proceeding.

Intervention in Litigation of the Issuer. In any judicial proceeding to which the Issuer is a party and which in the opinion of the Trustee and its counsel has a -64- Forsyth Series 1998A Trust Indenture substantial bearing on the interests of the Owners of the Bonds, the Trustee may intervene on behalf of the Owners of the Bonds and shall, shall upon receipt of indemnity satisfactory to it, do so if requested in writing by it (except against gross negligence or willful misconduct) at the written request of the Owners of at least 25% in aggregate principal amount of the Bonds then Outstanding and if permitted by the court having jurisdiction in the premises, intervene in such judicial proceeding.