Restrictions on trustee. Without the consent of SFV, LTES Operator may not, and may not agree, attempt or take any step to, do anything which: (a) (retirement, removal, replacement) effects or facilitates the retirement, removal or replacement of LTES Operator as trustee of the Trust; (b) (restriction on right of indemnity) could restrict LTES Operator’s right of indemnity from the Trust Property in respect of obligations incurred by LTES Operator under this agreement; (c) (restrict or impair compliance) could restrict or impair the ability of LTES Operator to comply with its obligations under this agreement; (d) (termination of trust) effects or facilitates the termination of the Trust; (e) (variation of Trust Deed) effects or facilitates the variation of the Trust Deed; or (f) (resettlement of Trust Property) effects or facilitates the resettlement of the Trust Property.
Appears in 18 contracts
Samples: Project Development Agreement, Project Development Agreement, Project Development Agreement