Common use of Suit for Enforcement Clause in Contracts

Suit for Enforcement. If an Event of Default shall occur and be continuing, the Indenture Trustee, in its discretion may, subject to the provisions of Section 6.1, proceed to protect and enforce its rights and the rights of the Noteholders under this Indenture by a Proceeding whether for the specific performance of any covenant or agreement contained in this Indenture or in aid of the execution of any power granted in this Indenture or for the enforcement of any other legal, equitable or other remedy as the Indenture Trustee, being advised by counsel, shall deem necessary to protect and enforce any of the rights of the Indenture Trustee or the Noteholders.

Appears in 7 contracts

Samples: Underwriting Agreement (Goldman Sachs Asset Backed Securities Corp), Indenture (Wodfi LLC), Indenture (Asset Backed Securities Corp)

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Suit for Enforcement. If an Event of Default shall occur and be continuing, the Indenture Trustee, Trustee in its discretion may, subject to the provisions of Section 6.1, proceed to protect and enforce its rights and the rights of the Noteholders under this Indenture by a Proceeding whether for the specific performance of any covenant or agreement contained in this Indenture or in aid of the execution of any power granted in this Indenture or for the enforcement of any other legal, equitable or other remedy as the Indenture Trustee, being advised by counsel, shall deem necessary most effectual to protect and enforce any of the rights of the Indenture Trustee or the Noteholders.

Appears in 6 contracts

Samples: Indenture (Navistar Financial Retail Receivables Corporation), Indenture (First Security Auto Owner Trust 1999 1), Indenture (Navistar Financial Retail Receivables Corporation)

Suit for Enforcement. If an Event of Default shall occur and be continuing, the Indenture Trustee, in its discretion may, subject to the provisions of Section 6.1, proceed to protect and enforce its rights and the rights of the Noteholders under this Indenture by a Proceeding whether for the specific performance of any covenant or agreement contained in this Indenture or in aid of the execution of any power granted in this Indenture or for the enforcement of any other legal, equitable or other remedy as the Indenture Trustee, being advised by counsel, shall deem necessary most effectual to protect and enforce any of the rights of the Indenture Trustee or the Noteholders.

Appears in 5 contracts

Samples: Indenture (Capital Auto Receivables Inc), Indenture (Cit Group Securitization Corp Ii), Indenture (Capital Auto Receivables Inc)

Suit for Enforcement. If an Event of Default shall -------------------- occur and be continuing, the Indenture Trustee, Trustee in its discretion may, subject to the provisions of Section 6.1, proceed to protect and enforce its rights and the rights of the Noteholders under this Indenture by a Proceeding whether for the specific performance of any covenant or agreement contained in this Indenture or in aid of the execution of any power granted in this Indenture or for the enforcement of any other legal, equitable or other remedy as the Indenture Trustee, being advised by counsel, shall deem necessary most effectual to protect and enforce any of the rights of the Indenture Trustee or the Noteholders.

Appears in 4 contracts

Samples: Indenture (Navistar Financial Retail Receivables Corporation), Indenture (First Security Bank Na), Indenture (Navistar Financial Retail Receivables Corporation)

Suit for Enforcement. If an Event of Default shall occur and -------------------- be continuing, the Indenture Trustee, Trustee in its discretion may, subject to the provisions of Section 6.1, proceed to protect and enforce its rights and the rights of the Noteholders under this Indenture by a Proceeding whether for the specific performance of any covenant or agreement contained in this Indenture or in aid of the execution of any power granted in this Indenture or for the enforcement of any other legal, equitable or other remedy as the Indenture Trustee, being advised by counsel, shall deem necessary most effectual to protect and enforce any of the rights of the Indenture Trustee or the Noteholders.

Appears in 2 contracts

Samples: Indenture (Navistar Financial Retail Receivables Corporation), Indenture (Navistar Financial Retail Receivables Corporation)

Suit for Enforcement. If an Event of Default shall occur and be continuing, the Indenture Trustee, Trustee in its discretion may, subject to the provisions of Section 6.1, proceed to protect and enforce its rights and the rights of the Noteholders under this Indenture by a Proceeding whether for the specific performance of any covenant or agreement contained in this Indenture or in aid of the execution of any power granted in this Indenture or for the enforcement of any other legal, equitable or other remedy as the Indenture Trustee, being advised by counsel, shall deem necessary most effective to protect and enforce any of the rights of the Indenture Trustee or the Noteholders.

Appears in 2 contracts

Samples: Series Trust Indenture (Corporate Asset Backed Corp), Series Trust Indenture (Corporate Asset Backed Corp)

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Suit for Enforcement. If an Event of Default shall occur and be continuing, the Indenture Trustee, in its discretion may, subject to the provisions of Section SECTION 6.1, proceed to protect and enforce its rights and the rights of the Noteholders under this Indenture by a Proceeding whether for the specific performance of any covenant or agreement contained in this Indenture or in aid of the execution of any power granted in this Indenture or for the enforcement of any other legal, equitable or other remedy as the Indenture Trustee, being advised by counsel, shall deem necessary to protect and enforce any of the rights of the Indenture Trustee or the Noteholders.

Appears in 1 contract

Samples: Indenture (Wholesale Auto Receivables Corp)

Suit for Enforcement. If an Event of Default shall -------------------- occur and be continuing, the Indenture Trustee, in its discretion may, subject to the provisions of Section 6.1, proceed to protect and enforce its rights and ----------- the rights of the Noteholders under this Indenture by a Proceeding whether for the specific performance of any covenant or agreement contained in this Indenture or in aid of the execution of any power granted in this Indenture or for the enforcement of any other legal, equitable or other remedy as the Indenture Trustee, being advised by counsel, shall deem necessary to protect and enforce any of the rights of the Indenture Trustee or the Noteholders.

Appears in 1 contract

Samples: Indenture (Volkswagen Dealer Finance LLC)

Suit for Enforcement. If an Event of Default shall occur and be continuing, the Indenture Trustee, in its discretion may, subject to the provisions of Section 6.1, proceed to protect and enforce its rights and the rights of the Noteholders under this Indenture by a Proceeding proceeding whether for the specific performance of any covenant or agreement contained in this 43 Page 43 Indenture or in aid of the execution of any power granted in this Indenture or for the enforcement of any other legal, equitable or other remedy as the Indenture Trustee, being advised by counsel, shall deem necessary most effectual to protect and enforce any of the rights of the Indenture Trustee or the Noteholders.

Appears in 1 contract

Samples: Indenture (Banc One Abs Corp)

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