Performance of Covenants by Trustee. If the Company fails to perform any of the obligations thereof under this Indenture, the Trustee may notify the Special Warrantholders of such failure or may itself perform any of such obligations capable of being performed by the Trustee, but will not be bound to do so or to notify the Special Warrantholders that it is so doing. All amounts expended or advanced by the Trustee in so doing will be repayable as provided in Section 5.2 hereof. No such performance, expenditure or advance by the Trustee will relieve the Company of any default or of its continuing obligations hereunder.
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Samples: Special Warrant Indenture (Ivanhoe Energy Inc), Special Warrant Indenture (Ivanhoe Energy Inc)
Performance of Covenants by Trustee. If the Company fails shall fail to perform any of the its covenants and obligations thereof under contained in this Indenture, the Trustee may notify the Special Warrantholders Warrantholder of such the failure on the part of the Company or may itself perform any of such obligations the said covenants capable of being performed by the Trusteeit, but will not shall be bound under no obligation to do so or to notify the Special Warrantholders that it is so doingWarrantholder. All amounts sums expended or advanced by the Trustee in so doing will shall be repayable as provided in Section 5.2 hereofsection 5.2. No such performance, expenditure or advance by the Trustee will shall be deemed to relieve the Company of any default or of its continuing obligations hereunder.
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Samples: Vista Gold Corp
Performance of Covenants by Trustee. If the Company Corporation fails to perform any of the obligations thereof under this Indenture, the Trustee may notify the Special Warrantholders of such failure or may itself perform any of such obligations capable of being performed by the Trustee, but will not be bound to do so or to notify the Special Warrantholders that it is so doing. All amounts expended or advanced by the Trustee in so doing will be repayable as provided in Section section 5.2 hereof. No such performance, expenditure or advance by the Trustee will relieve the Company Corporation of any default or of its continuing obligations hereunder.
Appears in 1 contract
Samples: Nord Resources (Nord Resources Corp)
Performance of Covenants by Trustee. If the Company Corporation fails to perform any of the obligations thereof under this Indenture, the Trustee may notify the Special Warrantholders of such failure or may itself perform any of such obligations capable of being performed by the Trustee, but will not be bound to do so or to notify the Special Warrantholders that it is so doing. All amounts expended or advanced by the Trustee in so doing will be repayable as provided in Section 5.2 hereof. No such performance, expenditure or advance by the Trustee will relieve the Company Corporation of any default or of its continuing obligations hereunder.
Appears in 1 contract
Samples: Special Warrant Indenture