SECURITY TRUSTEE'S DISCRETION. in enforcing Relevant Security The Security Trustee is entitled to grant the Issuer a remedy period of up to 30 days in which time no actions pursuant to Clause 9.1 (Events triggering enforcement of Relevant Security) may be undertaken, in order to provide the Issuer with sufficient time to remedy, arrange for the breach to be waived by the party affected or otherwise cure the cause of the Relevant Security becoming enforceable, provided that the Security Trustee received instructions of the Bondholders' Representative to perform such action.
Appears in 6 contracts
Samples: German Security and Security Trust Agreement, German Security and Security Trust Agreement, German Security and Security Trust Agreement
