Power of Sale; Suits for Enforcement Sample Clauses

Power of Sale; Suits for Enforcement. If an Event of Default shall have occurred and be continuing, the Trustee, by such officers or agents as it shall appoint, with or without entry, in its discretion may, subject to the provisions of Section 10.16 and if and to the extent permitted by law:
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Power of Sale; Suits for Enforcement. If an Event of Default shall occur and be continuing, Mortgagee, with or without entry, in its discretion, may:
Power of Sale; Suits for Enforcement. In case an Event of Default shall exist, the Trustee, with or without entry, in its discretion may, subject to the provisions of Section 8.16:
Power of Sale; Suits for Enforcement. (a) In case one or more Events of Default under this Agreement or the Security Documents shall have occurred and shall not have been remedied, the Security Trustee and/or the Agent (as the case may be), personally or by agents, with or without entry, upon the written instructions of the Majority Lenders, exercise such rights and remedies as are provided in the Agreement and the Security Documents.
Power of Sale; Suits for Enforcement. If an Event of Default shall have occurred and be continuing, the Trustee, on behalf of the Holders of Securities, may exercise, in addition to all other rights and remedies granted to the Trustee in this Indenture and in any other instrument or agreement securing, evidencing or relating to the obligations of the Company under the Securities, all rights and remedies of a secured party under the Uniform Commercial Code or any other applicable law. Without limiting the generality of the foregoing, the Trustee, by such officers or agents as it shall appoint, with or without entry upon the Mortgaged Property, in its discretion may, or upon the direction of the Holders of a majority in principal amount of all of the Securities then Outstanding of all series shall, subject to the provisions of Section 816 and if and to the extent permitted by applicable law:
Power of Sale; Suits for Enforcement. Subject to the limitations of Section 4.3, if there exists an Event of Default, Secured Party, personally or by agents, with or without possession of the Collateral, may take any one or more of the following actions.
Power of Sale; Suits for Enforcement. In case one Or more of the Events of Default shall happen and shall not have been remedied, the Trustee, by agents or attorneys, with or without entry may and upon the written request of the holders of a majority in principal amount of the Bonds then outstanding shall:
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Power of Sale; Suits for Enforcement. In case of the occurrence and during the continuance of any Event of Default, the Trustee, directly or by its agents or attorneys, with or without entry upon the Mortgaged Property, in its discretion, subject to the provisions of Section 9.16 and if, and to the extent, permitted by applicable law (a) may sell, subject to prior Liens, to the highest and best bidder, all or any part of the Mortgaged Property of every kind and all right, title and interest therein and right of redemption thereof, which sale shall be made at public auction at such place and at such time and upon such terms as the Trustee may fix and briefly specify in a notice of sale, or as may be required by applicable law; or (b) may proceed to protect and to enforce the rights of the Trustee and of the Holders under this Indenture, by suit or suits in equity or at law, whether for the specific performance of any covenant or agreement in this Indenture, or in aid of the execution of any power granted by this Indenture, or for the foreclosure of this Indenture, or for the enforcement of any other legal, equitable or other remedy, as the Trustee, being advised by counsel, may deem most effectual to protect and enforce any of its or any Holder's rights or exercise of any of its duties hereunder.

Related to Power of Sale; Suits for Enforcement

  • Collection of Indebtedness and Suits for Enforcement by Trustee The Company covenants that if

  • Vacancies and Appointment of Trustees In case of the declination to serve, death, resignation, retirement or removal of a Trustee, or a Trustee is otherwise unable to serve, or an increase in the number of Trustees, a vacancy shall occur. Whenever a vacancy in the Board of Trustees shall occur, until such vacancy is filled, the other Trustees shall have all the powers hereunder and the certification of the other Trustees of such vacancy shall be conclusive. In the case of an existing vacancy, the remaining Trustees may fill such vacancy by appointing such other person as they in their discretion shall see fit, or may leave such vacancy unfilled or may reduce the number of Trustees to not less than two (2)

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