Common use of Noteholders’ Indemnity Clause in Contracts

Noteholders’ Indemnity. The Indenture Trustee shall be entitled, subject to such Indenture Trustee’s duty set forth in Section 6.01 to act with the required standard of care, to be indemnified by the Noteholders of the Equipment Notes before proceeding to exercise any right or power under this Master Indenture and any Series Supplement or the Servicing Agreement at the request or Direction of such Noteholders.

Noteholders’ Indemnity. The Indenture Trustee shall be entitled, subject to such Indenture Trustee’s duty set forth in Section 6.01 during a default to act with the required standard of care, to be indemnified by the Noteholders Holders of the Equipment Notes before proceeding to exercise any right or power under this Master Indenture and any Series Supplement or the Servicing Management Agreement at the request or Direction of such NoteholdersHolders.

Noteholders’ Indemnity. The Indenture Trustee shall be entitled, subject to such Indenture Trustee’s duty set forth in Section 6.01 during a Default to act with the required standard of care, to be indemnified by the Noteholders Holders of the Equipment Notes before proceeding to exercise any right or power under this Master Indenture and any Series Supplement or the Servicing Management Agreement at the request or Direction of such NoteholdersHolders.

Noteholders’ Indemnity. The Indenture Trustee shall be entitled, subject to such Indenture Trustee’s 's duty set forth in Section 6.01 during a Default to act with the required standard of care, to be indemnified by the Noteholders Holders of the Equipment Notes before proceeding to exercise any right or power under this Master Indenture and any Series Supplement or the Servicing Management Agreement at the request or Direction of such NoteholdersHolders.

Noteholders’ Indemnity. The Indenture Trustee shall be entitled, subject to such Indenture Trustee’s duty set forth in Section 6.01 during a Default to act with the required standard of care, to be indemnified by the Noteholders Holders of the Equipment Notes before proceeding to exercise any right or power under this Master Indenture and any Series Supplement or the Servicing Management Agreement at the request or Direction of such NoteholdersHolders.

Noteholders’ Indemnity. The Indenture Trustee shall be entitled, subject to such Indenture Trustee’s duty set forth in Section 6.01 during a Default to act with the required standard of care, to be indemnified by the Noteholders of the Equipment Notes before proceeding to exercise any right or power under this Master Indenture and any Series Supplement or the Servicing Agreement at the request or Direction of such Noteholders.