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.

Appears in 3 contracts

Samples: Trust Indenture, Trust Indenture (Cnooc LTD), Trust Indenture (Nexen Inc)

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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.

Appears in 1 contract

Samples: Trust Indenture (Talisman Energy Inc)

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