Powers Duties and Rights of the Guarantee Trustee. Section 3.1 Powers and Duties of the Guarantee Trustee........................ 7 Section 3.2 Certain Rights of Guarantee Trustee............................... 8 Section 3.3 Compensation; Indemnity; Fees..................................... 10
Powers Duties and Rights of the Guarantee Trustee. SECTION 2.1. Powers and Duties of the Guarantee Trustee............................................4 SECTION 2.2. Certain Rights of the Guarantee Trustee...............................................5 SECTION 2.3. Not Responsible for Recitals or Issuance of Guarantee.................................7 SECTION 2.4. Events of Default; Waiver.............................................................7 SECTION 2.5. Events of Default; Notice.............................................................8
Powers Duties and Rights of the Guarantee Trustee. Section 3.1. Powers and Duties of the Guarantee Trustee. 6 Section 3.2. Certain Rights of Guarantee Trustee. 7 Section 3.3. Compensation; Indemnity; Fees. 9
Powers Duties and Rights of the Guarantee Trustee. Powers and Duties of the Guarantee Trustee 5 Section 3.2 Certain Rights of Guarantee Trustee 6 Section 3.3 Indemnity 8
Powers Duties and Rights of the Guarantee Trustee. Powers and Duties of the Guarantee Trustee.
Powers Duties and Rights of the Guarantee Trustee. Powers and Duties of the Guarantee Trustee 4 Section 2.2 Certain Rights of the Guarantee Trustee 6 Section 2.3 Not Responsible for Recitals or Issuance of Guarantee 7 Section 2.4 Events of Default; Waiver 8 Section 2.5 Events of Default; Notice 8
Powers Duties and Rights of the Guarantee Trustee. SECTION 3.1. Powers and Duties of the Guarantee Trustee.... 7 SECTION 3.2.
Powers Duties and Rights of the Guarantee Trustee. SECTION 301. Powers and Duties of the Guarantee Trustee.
(a) This Guarantee Agreement shall be held by the Guarantee Trustee for the benefit of the Holders, and the Guarantee Trustee shall not transfer this Guarantee Agreement to any Person except a Holder exercising his or her rights pursuant to Section 504(iv) or to a Successor Guarantee Trustee on acceptance by such Successor Guarantee Trustee of its appointment to act as Successor Guarantee Trustee. The right, title and interest of the Guarantee Trustee shall automatically vest in any Successor Guarantee Trustee, upon acceptance by such Successor Guarantee Trustee of its appointment hereunder, and such vesting and cessation of title shall be effective whether or not conveyancing documents have been executed and delivered pursuant to the appointment of such Successor Guarantee Trustee.
(b) If an Event of Default has occurred and is continuing, the Guarantee Trustee shall enforce this Guarantee Agreement for the benefit of the Holders.
(c) The Guarantee Trustee, before the occurrence of any Event of Default and after the curing of all Events of Default that may have occurred, shall undertake to perform only such duties as are specifically set forth in this Guarantee Agreement, and no implied covenants shall be read into this Guarantee Agreement against the Guarantee Trustee. In case an Event of Default has occurred (that has not been cured or waived pursuant to Section 206), the Guarantee Trustee shall exercise such of the rights and powers vested in it by this Guarantee Agreement, and use the same degree of care and skill in its exercise thereof, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
(d) No provision of this Guarantee Agreement shall be construed to relieve the Guarantee Trustee from liability for failure to act or willful misconduct, except that:
(i) prior to the occurrence of any Event of Default and after the curing or waiving of all such Events of Default that may have occurred:
(A) the duties and obligations of the Guarantee Trustee shall be determined solely by the express provisions of this Guarantee Agreement, and the Guarantee Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Guarantee Agreement; and
(B) in the absence of bad faith on the part of the Guarantee Trustee, the Guarantee Trustee may conclusively rely, as to the truth of the statements and th...
Powers Duties and Rights of the Guarantee Trustee. SECTION 3.1. Powers and Duties of the Guarantee Trustee . . . . . . . . . . . . . . . . . . . . . . . . . 8 SECTION 3.2. Certain Rights of Guarantee Trustee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 SECTION 3.3. Indemnity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Powers Duties and Rights of the Guarantee Trustee. SECTION 3.1. POWERS AND DUTIES OF THE GUARANTEE TRUSTEE...................... SECTION 3.2.
