Common use of RIGHTS OF THE DEBENTURE HOLDERS Clause in Contracts

RIGHTS OF THE DEBENTURE HOLDERS. Notwithstanding anything to the contrary contained elsewhere, in the event a Debenture Holders are unable to exercise any rights available to it under this Deed and/or under any other Debenture Documents in full owing to any Applicable Law or regulation in force, then such Debenture Holder shall be entitled to the exercise of any such right under this Deed and/or any other Debenture Documents to the limited extent permissible under Applicable Law. Provided however, that on the revocation, removal or diminution of the Applicable Law or provisions, as the case may be, by virtue of which any right of such Debenture Holders pursuant to this Deed and/or any other Debenture Documents was limited as provided hereinabove, the original provisions would stand renewed and be effective to their original extent, as if they had not been limited by the Law or provisions revoked. PART – B OF THE DEBENTURE TRUST DEED

RIGHTS OF THE DEBENTURE HOLDERS. Notwithstanding anything to the contrary contained elsewhere, in the event a Debenture Holders are unable to exercise any rights available to it under this Deed and/or under any other Debenture Documents in full owing to any Applicable Law or regulation in force, then such Debenture Holder shall be entitled to the exercise of any such right under this Deed and/or any other Debenture Documents to the limited extent permissible under Applicable Law. Provided however, that on the revocation, removal or diminution of the Applicable Law or provisions, as the case may be, by virtue of which any right of such Debenture Holders pursuant to this Deed and/or any other Debenture Documents was limited as provided hereinabove, the original provisions would stand renewed and be effective to their original extent, as if they had not been limited by the Law or provisions revoked. PART – B OF THE DEBENTURE TRUST DEEDSECTION 12 - ISIN RELATED AND FINANCIAL COVENANTS AND CONDITIONS: