Spanish Provisions in Relation to the Spanish Liens Sample Clauses

Spanish Provisions in Relation to the Spanish Liens. (a) By their acceptance of the Notes and the Guarantees thereof, the Holders hereby authorize and direct the Trustee to execute and deliver the Spanish Liens in which the Trustee is named as a party, including any Spanish Liens executed after the Issue Date (expressly including appearing before Spanish notaries to grant or execute any Spanish Public Document or private document related to this mandate and, specifically, those deemed necessary or appropriate according to the mandate received (including, but not limited to, amendments or ratifications of this Indenture, the Guarantees or any other document related thereto, all the above with express faculties of self-contracting (subcontratación), sub-empowering (subdelegación) or multiple representation (multirepresentación)). It is hereby expressly acknowledged and agreed that, in doing so, the Trustee is not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose. Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action under, the Spanish Liens, the Trustee shall have all of the rights, immunities, indemnities and other protections granted to it under this Indenture (in addition to those that may be granted to it under the terms of such other agreement or agreements). (b) The Holders shall, if so requested by the Trustee in relation to any eventual enforcement of any Spanish Liens, (i) grant a power of attorney in favor of the Trustee entitling it to grant, perfect, register, novate, enforce and/or cancel the relevant Spanish Liens and (ii) notarize and apostille, at their own cost, such power of attorney before a notary public in their jurisdiction of incorporation (if the process of notarization and apostille exists within that relevant jurisdiction, if not, to carry out the proper legalization process in order for such power of attorney to be valid in Spain). Neither the Trustee nor the Notes Collateral Agent shall have any liability for any failure of the Holders to grant a power of attorney or to otherwise execute, notarize, and apostille any document required in order for the Trustee or Notes Collateral Agent to exercise any rights, remedies, powers or discretions in respect of the Spanish Liens.
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Related to Spanish Provisions in Relation to the Spanish Liens

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