Common use of RIGHT OF DIRECT ACTION Clause in Contracts

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F Preference Shares to the extent of an interest in Series F Preference Shares corresponding to the aggregate liquidation amount of such Holder’s Securities (such right, a “right of direct action”).

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F L Preference Shares to the extent of an interest in Series F L Preference Shares corresponding to the aggregate liquidation amount of such Holder’s Securities (such right, a “right of direct action”).

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F H Preference Shares to the extent of an interest in Series F H Preference Shares corresponding to the aggregate liquidation amount of such Holder’s Securities (such right, a “right of direct action”).

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F _ Preference Shares to the extent of an interest in Series F _ Preference Shares corresponding to the aggregate liquidation amount of such Holder’s 's Securities (such right, a “right of direct action”).

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F K Preference Shares to the extent of an interest in Series F K Preference Shares corresponding to the aggregate liquidation amount of such Holder’s Securities (such right, a “right of direct action”).

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F Preference Shares Preferred Stock to the extent of an interest in Series F Preference Shares Preferred Stock corresponding to the aggregate liquidation amount of such Holder’s Securities (such right, a “right of direct action”)Apex.

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F G Preference Shares to the extent of an interest in Series F G Preference Shares corresponding to the aggregate liquidation amount of such Holder’s 's Securities (such right, a “right of direct action”).

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F Preference Shares E Preferred Stock to the extent of an interest in Series F Preference Shares E Preferred Stock corresponding to the aggregate liquidation amount of such Holder’s Securities (such right, a “right of direct action”)Apex.

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F Preference • Preferred Shares to the extent of an any interest in Series F Preference • Preferred Shares corresponding to the aggregate liquidation amount of such Holder’s Preferred Securities (such right, a “direct right of direct action”).

RIGHT OF DIRECT ACTION. The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F J Preference Shares to the extent of an interest in Series F J Preference Shares corresponding to the aggregate liquidation amount of such Holder’s Securities (such right, a “right of direct action”).