Common use of Rights of Trustees Clause in Contracts

Rights of Trustees. (a) The Trustees shall possess and have the exclusive right, except as otherwise expressly limited in this Agreement, to exercise, in person or by nominees or proxies of the Trustees, all voting rights and powers in respect to all Shares registered in the name of the Trustees hereunder, for any and every purpose, and to take part in or consent to any corporate or stockholders’ action of any kind whatsoever, as absolute owner of such Shares. The Stockholders hereby assign to Trustees all voting rights that they otherwise might have had arising out of any ownership of the Shares, whether by operation of law or agreement. The right to vote shall include the right to vote for or against, to consent, to abstain or to refrain from attending any meeting with respect to the election of directors or any other matter to be acted upon by the stockholders of the Company at any meeting or by consent. (b) The parties recognize that the Trustees will be required to balance various conflicting interests, including personal interests of the Trustees. The Trustees shall not be personally responsible, nor shall any vote, action or inaction of the Trustees be subject to challenge, if the Trustees’ action or failure to act was in good faith, without gross negligence, and in a manner that the Trustees believed to be in the best interest of the corporation. In so voting, the Trustees may consider the interests of the Company’s employees, suppliers, customers and creditors and the communities in which the Company’s activities are located. The Trustees shall not be subject to any duties or obligations except as expressly stated herein. The Stockholders, jointly and severally, agree to indemnify and hold the Trustees harmless from any and all liability for actions or inaction taken in accordance with the foregoing standard of conduct. (c) Unless otherwise agreed by the Trustees, action by the Trustees shall be taken at a meeting of Trustees. Meetings of the Trustees shall be held whenever called by any Trustee. Any Trustee may participate in any meeting of the Trustees, be counted for the purpose of determining a quorum thereof and exercise all rights and privileges to which such Trustee might be entitled if such Trustee was personally in attendance or could participate by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other. A majority of Trustees shall be necessary to constitute a quorum for the transaction of business and, subject to Section 10(d) below, the acts of a majority of the Trustees shall be the acts of the Trustees under this Agreement.

Rights of Trustees. Subject to Section 7.1: (a) The Trustees may conclusively rely on and shall possess be fully protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order or other paper or document (whether in its original or facsimile form) reasonably believed by it to be genuine and to have been signed or presented by the exclusive right, except as otherwise expressly limited proper Person. The Trustees need not investigate any fact or matter stated in this Agreement, the document. The Trustees shall have no duty to exercise, in person review or by nominees analyze any financial or proxies other reports or statements to determine compliance with covenants or other obligations of the Trustees, all voting rights and powers in respect to all Shares registered in the name of the Trustees hereunder, for any and every purpose, and to take part in or consent to any corporate or stockholders’ action of any kind whatsoever, as absolute owner of such Shares. The Stockholders hereby assign to Trustees all voting rights that they otherwise might have had arising out of any ownership of the Shares, whether by operation of law or agreement. The right to vote shall include the right to vote for or against, to consent, to abstain or to refrain from attending any meeting with respect to the election of directors or any other matter to be acted upon by the stockholders of the Company at any meeting or by consentCompany. (b) The parties recognize that Before the Trustees will or Agent act or refrain from acting, they may require an Officer’s Certificate and/or an Opinion of Counsel. The Trustees or Agent shall not be required liable for any action they take or omit to balance various conflicting interests, including personal interests take in good faith in reliance on an Officer’s Certificate or Opinion of Counsel. (c) The Trustees or Agent may execute any of the Trustees. trusts and powers hereunder or perform any duties hereunder either directly by or through their attorneys and agents and shall not be responsible for the misconduct or negligence of any agent or attorney appointed with due care by them hereunder. (d) The Trustees or Agent shall not be liable for any action they take or omit to take in good faith which they believe to be authorized or within their rights or powers conferred upon them by this Indenture. (e) The Trustees or Agent may consult with counsel of their selection, and the advice or opinion of counsel relating to this Indenture or the Notes shall be full and complete authorization and protection from liability in respect of any action taken, omitted or suffered by them hereunder or under the Notes in good faith and in accordance with the advice or opinion of such counsel. (f) The Trustees shall not be personally responsible, nor shall deemed to have notice or knowledge of any vote, action Default or inaction Event of Default or whether any entity or group of entities constitutes a Significant Subsidiary unless written notice of any event which is in fact such a Default or of any such Significant Subsidiary is received by a Trust Officer of the U.S. Trustee at its corporate trust office specified in Section 3.11, and such notice references the Notes and this Indenture. (g) The rights, privileges, protections, immunities and benefits given to the Trustees be subject to challengeand Agent, if the Trustees’ action or failure to act was in good faithincluding, without gross negligencelimitation, their respective right to be indemnified, are extended to, and in a manner that the Trustees believed to shall be in the best interest of the corporation. In so votingenforceable by, the Trustees may consider and each Agent in each of their respective capacities hereunder, and to the interests Agent, each other agent, custodian and other Person employed to act hereunder. (h) The Trustees shall be under no obligation to exercise any of the Companyrights or powers vested in them by this Indenture or the Notes at the request, order or direction of any of the Holders pursuant to the provisions of this Indenture, unless such Holders shall have offered to the Trustees security or indemnity satisfactory to the Trustees against the costs, expenses and liabilities which may be incurred therein or thereby. (i) Whenever in the administration of this Indenture or the Notes the Trustees shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder or thereunder, the Trustees (unless other evidence be herein specifically prescribed) may, in the absence of negligence or willful misconduct on their part, conclusively rely upon an Officer’s employees, suppliers, customers and creditors and the communities in which the Company’s activities are located. Certificate. (j) The Trustees shall not be subject bound to make any duties investigation into the facts or obligations except matters stated in any resolution, certificate, statement, instrument, report, notice, request, direction, consent, order, bond, debenture, coupon or other paper or document, but the Trustees, in their discretion, may make such further inquiry or investigation into such facts or matters as expressly stated herein. The Stockholdersthey may see fit, jointly and severallyand, agree to indemnify and hold if the Trustees harmless from shall determine to make such further inquiry or investigation, they shall be entitled to examine, during business hours and upon reasonable notice, the books, records and premises of the Company and the Restricted Subsidiaries, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any and all liability for actions kind by reason of such inquiry or inaction taken in accordance with the foregoing standard of conductinvestigation. (ck) The Trustees shall not be required to give any bond or surety in respect of the performance of their powers and duties hereunder. (l) The Trustees and/or the Agent may request that the Issuer delivers an Officer’s Certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture or the Notes. (m) In no event shall the Trustees or Agent be liable to any Person for special, punitive, indirect, consequential or incidental loss or damage of any kind whatsoever (including, but not limited to, lost profits), even if the Trustees or the Agents have been advised of the likelihood of such loss or damage. (n) Unless otherwise agreed by specifically provided in this Indenture, any demand, request, direction or notice from the Trustees, action by the Trustees Issuer shall be taken at a meeting sufficient if signed by one Officer of Trustees. Meetings the Issuer. (o) Neither of the Trustees nor the Agent shall be held whenever called by responsible or liable for the computation of any Trustee. Any Trustee may participate in any meeting interest payments or redemption amounts. (p) For the avoidance of doubt, all of the Trusteesrights, protections and immunities granted to the Trustee hereunder shall inure to the benefit and be counted for fully enforceable by the purpose of determining a quorum thereof and exercise all rights and privileges to which such Trustee might be entitled if such Trustee was personally in attendance or could participate by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other. A majority of Trustees shall be necessary to constitute a quorum for the transaction of business and, subject to Section 10(d) below, the acts of a majority of the Trustees shall be the acts of the Trustees under this AgreementLondon Paying Agent.

Rights of Trustees. Subject to Section 7.1: (a) The Trustees may conclusively rely on and shall possess be fully protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order or other paper or document (whether in its original or facsimile form) reasonably believed by it to be genuine and to have been signed or presented by the exclusive right, except as otherwise expressly limited proper Person. The Trustees need not investigate any fact or matter stated in this Agreement, the document. The Trustees shall have no duty to exercise, in person review or by nominees analyze any financial or proxies other reports or statements to determine compliance with covenants or other obligations of the Trustees, all voting rights and powers in respect to all Shares registered in the name of the Trustees hereunder, for any and every purpose, and to take part in or consent to any corporate or stockholders’ action of any kind whatsoever, as absolute owner of such Shares. The Stockholders hereby assign to Trustees all voting rights that they otherwise might have had arising out of any ownership of the Shares, whether by operation of law or agreement. The right to vote shall include the right to vote for or against, to consent, to abstain or to refrain from attending any meeting with respect to the election of directors or any other matter to be acted upon by the stockholders of the Company at any meeting or by consentCompany. (b) The parties recognize that Before the Trustees will or Agent act or refrain from acting, they may require an Officer’s Certificate and/or an Opinion of Counsel. The Trustees or Agent shall not be required liable for any action they take or omit to balance various conflicting interests, including personal interests take in good faith in reliance on an Officer’s Certificate or Opinion of Counsel. (c) The Trustees or Agent may execute any of the Trustees. trusts and powers hereunder or perform any duties hereunder either directly by or through their attorneys and agents and shall not be responsible for the misconduct or negligence of any agent or attorney appointed with due care by them hereunder. (d) The Trustees or Agent shall not be liable for any action they take or omit to take in good faith which they believe to be authorized or within their rights or powers conferred upon them by this Indenture. (e) The Trustees or Agent may consult with counsel of their selection, and the advice or opinion of counsel relating to this Indenture or the Notes shall be full and complete authorization and protection from liability in respect of any action taken, omitted or suffered by them hereunder or under the Notes in good faith and in accordance with the advice or opinion of such counsel. (f) The Trustees shall not be personally responsible, nor shall deemed to have notice or knowledge of any vote, action Default or inaction Event of Default or whether any entity or group of entities constitutes a Significant Subsidiary unless written notice of any event which is in fact such a Default or of any such Significant Subsidiary is received by a Trust Officer of the U.S. Trustee at its corporate trust office specified in Section 3.11, and such notice references the Notes and this Indenture. (g) The rights, privileges, protections, immunities and benefits given to the Trustees be subject to challengeand Agent, if the Trustees’ action or failure to act was in good faithincluding, without gross negligencelimitation, their respective right to be indemnified, are extended to, and in a manner that the Trustees believed to shall be in the best interest of the corporation. In so votingenforceable by, the Trustees may consider and each Agent in each of their respective capacities hereunder, and to the interests Agent, each other agent, custodian and other Person employed to act hereunder. (h) The Trustees shall be under no obligation to exercise any of the Companyrights or powers vested in them by this Indenture or the Notes at the request, order or direction of any of the Holders pursuant to the provisions of this Indenture, unless such Holders shall have offered to the Trustees security or indemnity satisfactory to the Trustees against the costs, expenses and liabilities which may be incurred therein or thereby. (i) Whenever in the administration of this Indenture or the Notes the Trustees shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder or thereunder, the Trustees (unless other evidence be herein specifically prescribed) may, in the absence of negligence or willful misconduct on their part, conclusively rely upon an Officer’s employees, suppliers, customers and creditors and the communities in which the Company’s activities are located. Certificate. (j) The Trustees shall not be subject bound to make any duties investigation into the facts or obligations except matters stated in any resolution, certificate, statement, instrument, report, notice, request, direction, consent, order, bond, debenture, coupon or other paper or document, but the Trustees, in their discretion, may make such further inquiry or investigation into such facts or matters as expressly stated herein. The Stockholdersthey may see fit, jointly and severallyand, agree to indemnify and hold if the Trustees harmless from shall determine to make such further inquiry or investigation, they shall be entitled to examine, during business hours and upon reasonable notice, the books, records and premises of the Company and the Restricted Subsidiaries, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any and all liability for actions kind by reason of such inquiry or inaction taken in accordance with the foregoing standard of conductinvestigation. (ck) The Trustees shall not be required to give any bond or surety in respect of the performance of their powers and duties hereunder. (l) The Trustees and/or the Agent may request that the Issuer delivers an Officer’s Certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture or the Notes. (m) In no event shall the Trustees or Agent be liable to any Person for special, punitive, indirect, consequential or incidental loss or damage of any kind whatsoever (including, but not limited to, lost profits), even if the Trustees or the Agents have been advised of the likelihood of such loss or damage. (n) Unless otherwise agreed by specifically provided in this Indenture, any demand, request, direction or notice from the Trustees, action by the Trustees Issuer shall be taken at a meeting sufficient if signed by one Officer of Trustees. Meetings the Issuer. (o) Neither of the Trustees nor the Agent shall be held whenever called by any Trustee. Any Trustee may participate in any meeting of the Trustees, be counted responsible or liable for the purpose computation of determining a quorum thereof and exercise all rights and privileges to which such Trustee might be entitled if such Trustee was personally in attendance any interest payments or could participate by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other. A majority of Trustees shall be necessary to constitute a quorum for the transaction of business and, subject to Section 10(d) below, the acts of a majority of the Trustees shall be the acts of the Trustees under this Agreementredemption amounts.

Rights of Trustees. Subject to Section 7.1: (a) The Trustees may conclusively rely on and shall possess be fully protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order or other paper or document (whether in its original or facsimile form) reasonably believed by it to be genuine and to have been signed or presented by the exclusive right, except as otherwise expressly limited in this Agreement, to exercise, in person proper Person. The Trustees need not investigate any fact or by nominees or proxies of the Trustees, all voting rights and powers in respect to all Shares registered matter stated in the name of the Trustees hereunder, for any and every purpose, and to take part in or consent to any corporate or stockholders’ action of any kind whatsoever, as absolute owner of such Sharesdocument. The Stockholders hereby assign to Trustees all voting rights that they otherwise might have had arising out of any ownership of the Shares, whether by operation of law or agreement. The right to vote shall include the right to vote for or against, to consent, to abstain or to refrain from attending any meeting with respect to the election of directors or any other matter to be acted upon by the stockholders receive and retain financial reports and statements of the Company at any meeting as provided herein, but shall have no duty to review or by consentanalyze such reports or statements to determine compliance with covenants or other obligations of the Company. (b) The parties recognize that Before the Trustees will or Agent act or refrain from acting, they may require an Officer’s Certificate and/or an Opinion of Counsel. The Trustees or Agent shall not be required liable for any action they take or omit to balance various conflicting interests, including personal interests take in good faith in reliance on an Officer’s Certificate or Opinion of Counsel. (c) The Trustees or Agent may execute any of the Trustees. trusts and powers hereunder or perform any duties hereunder either directly by or through their attorneys and agents and shall not be responsible for the misconduct or negligence of any agent or attorney appointed with due care by them hereunder. (d) The Trustees or Agent shall not be liable for any action they take or omit to take in good faith which they believes to be authorized or within their rights or powers conferred upon them by this Indenture. (e) The Trustees or Agent may consult with counsel of their selection, and the advice or opinion of counsel relating to this Indenture or the Notes shall be full and complete authorization and protection from liability in respect of any action taken, omitted or suffered by them hereunder or under the Notes in good faith and in accordance with the advice or opinion of such counsel. (f) The Trustees shall not be personally responsible, nor shall deemed to have notice of any vote, action Default or inaction Event of Default or whether any entity or group of entities constitutes a Significant Subsidiary unless written notice of any event which is in fact such a Default or of any such Significant Subsidiary is received by a Trust Officer of the U.S. Trustee at its corporate trust office specified in Section 3.11, and such notice references the Notes and this Indenture. (g) The rights, privileges, protections, immunities and benefits given to the Trustees be subject to challengeand Agent, if the Trustees’ action or failure to act was in good faithincluding, without gross negligencelimitation, their respective right to be indemnified, are extended to, and in a manner that the Trustees believed to shall be in the best interest of the corporation. In so votingenforceable by, the Trustees may consider and Agent in each of their respective capacities hereunder, and to the interests Agent, each other agent, custodian and other Person employed to act hereunder. (h) The Trustees shall be under no obligation to exercise any of the Companyrights or powers vested in them by this Indenture or the Notes at the request, order or direction of any of the Holders pursuant to the provisions of this Indenture, unless such Holders shall have offered to the Trustees security or indemnity satisfactory to the Trustees against the costs, expenses and liabilities which may be incurred therein or thereby. (i) Whenever in the administration of this Indenture or the Notes the Trustees shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder or thereunder, the Trustees (unless other evidence be herein specifically prescribed) may, in the absence of negligence or willful misconduct on their part, conclusively rely upon an Officer’s employees, suppliers, customers and creditors and the communities in which the Company’s activities are located. Certificate. (j) The Trustees shall not be subject bound to make any duties investigation into the facts or obligations except matters stated in any resolution, certificate, statement, instrument, report, notice, request, direction, consent, order, bond, debenture, coupon or other paper or document, but the Trustees, in their discretion, may make such further inquiry or investigation into such facts or matters as expressly stated herein. The Stockholdersthey may see fit, jointly and severallyand, agree to indemnify and hold if the Trustees harmless from shall determine to make such further inquiry or investigation, they shall be entitled to examine, during business hours and upon reasonable notice, the books, records and premises of the Company and the Restricted Subsidiaries, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any and all liability for actions kind by reason of such inquiry or inaction taken in accordance with the foregoing standard of conductinvestigation. (ck) The Trustees shall not be required to give any bond or surety in respect of the performance of their powers and duties hereunder. (l) The Trustees may request that the Issuer delivers an Officer’s Certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture or the Notes. (m) In no event shall the Trustees or Agent be liable to any Person for special, punitive, indirect, consequential or incidental loss or damage of any kind whatsoever (including, but not limited to, lost profits), even if the Trustees have been advised of the likelihood of such loss or damage. (n) Unless otherwise agreed by specifically provided in this Indenture, any demand, request, direction or notice from the Trustees, action by the Trustees Issuer shall be taken at a meeting sufficient if signed by one Officer of Trustees. Meetings the Issuer. (o) Neither of the Trustees nor the Agent shall be held whenever called by any Trustee. Any Trustee may participate in any meeting of the Trustees, be counted responsible or liable for the purpose computation of determining a quorum thereof and exercise all rights and privileges to which such Trustee might be entitled if such Trustee was personally in attendance any interest payments or could participate by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other. A majority of Trustees shall be necessary to constitute a quorum for the transaction of business and, subject to Section 10(d) below, the acts of a majority of the Trustees shall be the acts of the Trustees under this Agreementredemption amounts.

Rights of Trustees. Subject to Section 7.1: (a) The Trustees may conclusively rely on and shall possess be fully protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order or other paper or document (whether in its original or facsimile form) reasonably believed by it to be genuine and to have been signed or presented by the exclusive right, except as otherwise expressly limited in this Agreement, to exercise, in person proper Person. The Trustees need not investigate any fact or by nominees or proxies of the Trustees, all voting rights and powers in respect to all Shares registered matter stated in the name of the Trustees hereunder, for any and every purpose, and to take part in or consent to any corporate or stockholders’ action of any kind whatsoever, as absolute owner of such Sharesdocument. The Stockholders hereby assign to Trustees all voting rights that they otherwise might have had arising out of any ownership of the Shares, whether by operation of law or agreement. The right to vote shall include the right to vote for or against, to consent, to abstain or to refrain from attending any meeting with respect to the election of directors or any other matter to be acted upon by the stockholders receive and retain financial reports and statements of the Company at any meeting as provided herein, but shall have no duty to review or by consentanalyze such reports or statements to determine compliance with covenants or other obligations of the Company. (b) The parties recognize that Before the Trustees will or Agent act or refrain from acting, they may require an Officer’s Certificate and/or an Opinion of Counsel. The Trustees or Agent shall not be required liable for any action they take or omit to balance various conflicting interests, including personal interests take in good faith in reliance on an Officer’s Certificate or Opinion of Counsel. (c) The Trustees or Agent may execute any of the Trustees. trusts and powers hereunder or perform any duties hereunder either directly by or through their attorneys and agents and shall not be responsible for the misconduct or negligence of any agent or attorney appointed with due care by them hereunder. (d) The Trustees or Agent shall not be liable for any action they take or omit to take in good faith which they believes to be authorized or within their rights or powers conferred upon them by this Indenture. (e) The Trustees or Agent may consult with counsel of their selection, and the advice or opinion of counsel relating to this Indenture or the Notes shall be full and complete authorization and protection from liability in respect of any action taken, omitted or suffered by them hereunder or under the Notes in good faith and in accordance with the advice or opinion of such counsel. (f) The Trustees shall not be personally responsibledeemed to have notice of any Default or Event of Default or whether any entity or group of entities constitutes a Significant Subsidiary unless written notice of any event which is in fact such a Default or of any such Significant Subsidiary is received by a Trustee at the corporate trust office of a Trustee specified in Section 3.11, nor shall any voteand such notice references the Notes and this Indenture. (g) The rights, action or inaction of privileges, protections, immunities and benefits given to the Trustees be subject to challengeand Agent, if the Trustees’ action or failure to act was in good faithincluding, without gross negligencelimitation, their respective right to be indemnified, are extended to, and in a manner that the Trustees believed to shall be in the best interest of the corporation. In so votingenforceable by, the Trustees may consider and Agent in each of their respective capacities hereunder, and to the interests Agent, each other agent, custodian and other Person employed to act hereunder. (h) The Trustees shall be under no obligation to exercise any of the Companyrights or powers vested in them by this Indenture or the Notes at the request, order or direction of any of the Holders pursuant to the provisions of this Indenture, unless such Holders shall have offered to the Trustees security or indemnity satisfactory to the Trustees against the costs, expenses and liabilities which may be incurred therein or thereby. (i) Whenever in the administration of this Indenture or the Notes the Trustees shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder or thereunder, the Trustees (unless other evidence be herein specifically prescribed) may, in the absence of negligence or willful misconduct on their part, conclusively rely upon an Officer’s employees, suppliers, customers and creditors and the communities in which the Company’s activities are located. Certificate. (j) The Trustees shall not be subject bound to make any duties investigation into the facts or obligations except matters stated in any resolution, certificate, statement, instrument, report, notice, request, direction, consent, order, bond, debenture, coupon or other paper or document, but the Trustees, in their discretion, may make such further inquiry or investigation into such facts or matters as expressly stated herein. The Stockholdersthey may see fit, jointly and severallyand, agree to indemnify and hold if the Trustees harmless from shall determine to make such further inquiry or investigation, they shall be entitled to examine, during business hours and upon reasonable notice, the books, records and premises of the Company and the Restricted Subsidiaries, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any and all liability for actions kind by reason of such inquiry or inaction taken in accordance with the foregoing standard of conductinvestigation. (ck) The Trustees shall not be required to give any bond or surety in respect of the performance of their powers and duties hereunder. (l) The Trustees may request that the Issuer delivers an Officer’s Certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture or the Notes. (m) In no event shall the Trustees or Agent be liable to any Person for special, punitive, indirect, consequential or incidental loss or damage of any kind whatsoever (including, but not limited to, lost profits), even if the Trustees have been advised of the likelihood of such loss or damage. (n) Unless otherwise agreed by specifically provided in this Indenture, any demand, request, direction or notice from the Trustees, action by the Trustees Issuer shall be taken at a meeting sufficient if signed by one Officer of Trustees. Meetings the Issuer. (o) Neither of the Trustees nor the Agent shall be held whenever called by any Trustee. Any Trustee may participate in any meeting of the Trustees, be counted responsible or liable for the purpose computation of determining a quorum thereof and exercise all rights and privileges to which such Trustee might be entitled if such Trustee was personally in attendance any interest payments or could participate by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other. A majority of Trustees shall be necessary to constitute a quorum for the transaction of business and, subject to Section 10(d) below, the acts of a majority of the Trustees shall be the acts of the Trustees under this Agreementredemption amounts.