Common use of Restrictions on trustee Clause in Contracts

Restrictions on trustee. Without the consent of EnergyCo, Access Right Holder 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 Access Right Holder as trustee of the Trust; (b) (restriction on right of indemnity) could restrict Access Right Holder’s right of indemnity from the Trust Property in relation to obligations incurred by Access Right Holder under this agreement; (c) (restrict or impair compliance) could restrict or impair the ability of Access Right Holder 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.

Restrictions on trustee. Without the consent of EnergyCo, Access Right Holder 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 Access Right Holder as trustee of the Trust; (b) (restriction on right of indemnity) could restrict Access Right Holder’s right of indemnity from the Trust Property in relation to respect of obligations incurred by Access Right Holder under this agreement; (c) (restrict or impair compliance) could restrict or impair the ability of Access Right Holder 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.