Common use of Power of Trustee to Protect Interest Clause in Contracts

Power of Trustee to Protect Interest. The Trustee shall have power to institute and to maintain such actions and proceedings as it may consider necessary or expedient to preserve, protect or enforce its interest and the interest of the Debt Security holders.

Power of Trustee to Protect Interest. The Trustee shall have power to institute and to maintain such actions and proceedings as it may consider necessary or expedient to preserve, protect or enforce its interest and the interest of the Debt Security Debenture holders.