Common use of Suits to Protect the Collateral Clause in Contracts

Suits to Protect the Collateral. Subject to the provisions of Article 7 and the Security Documents, the Trustee may or may direct the Notes Collateral Agent to take all actions it determines in order to: (a) enforce any of the terms of the Security Documents; and (b) collect and receive any and all amounts payable in respect of the Obligations hereunder. Subject to the provisions of the Security Documents, the Trustee and the Notes Collateral Agent shall have power to institute and to maintain such suits and proceedings as the Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture, and such suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral Agent.

Suits to Protect the Collateral. Subject to the provisions of Article 7 and the Security DocumentsDocuments and the Intercreditor Agreements, the Trustee may or may direct the Notes Collateral Agent to take all actions it determines in order to: (a) enforce any of the terms of the Security Documents; and (b) collect and receive any and all amounts payable in respect of the Obligations hereunder. Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreements, the Trustee and the Notes Collateral Agent shall have power to institute and to maintain such suits and proceedings as the Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture, and such suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral Agent.

Suits to Protect the Collateral. Subject to the provisions of Article 7 VI and the Security Note Documents, the Trustee may or may direct the Notes Collateral Agent to take all actions it determines in order to: (a) enforce any of the terms of the Note Security Documents; and (b) collect and receive any and all amounts payable in respect of the Obligations hereunder. Subject to the provisions of the Note Security Documents, the Intercreditor Agreement and the Third Lien Intercreditor Agreement (if applicable), the Trustee and the Notes Collateral Agent shall have power to institute and to maintain such suits and proceedings as the Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Note Security Documents or this Indenture, and such suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 11.7 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral Agent.

Suits to Protect the Collateral. Subject to the provisions of Article 7 8 and the Security Documents, the Trustee Trustee, without the consent of the Holders, on behalf of the Holders, may or may direct the Notes Collateral Agent to take all actions it determines in order to: (a) enforce any of the terms of the Security Documents; and (b) collect and receive any and all amounts payable in respect of the Obligations hereunder. Subject to the provisions of the Security Documents, the Trustee and the Notes Collateral Agent shall have power to institute and to maintain such suits and proceedings as the Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture, and such suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 11.04 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral Agent.

Suits to Protect the Collateral. Subject to the provisions of Article 7 VIII and the Security Documents, the Trustee may or may direct the Notes Collateral Agent Trustee to take all actions it determines in order to: (a) enforce any of the terms of the Security Documents; and (b) collect and receive any and all amounts payable in respect of the Obligations hereunder. Subject to the provisions of the Security Documents, the Trustee and the Notes Collateral Agent Trustee shall have the power to institute and to maintain such suits and proceedings as the Trustee or the Collateral Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture, and such suits and proceedings as the Trustee or the Collateral Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 12.3 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral AgentTrustee.

Suits to Protect the Collateral. Subject to the provisions of Article 7 and the Security DocumentsDocuments and the Intercreditor Agreements, the Trustee may or may direct the Notes Collateral Agent to take all actions it determines in order to: (a) enforce any of the terms of the Security Documents; and (b) collect and receive any and all amounts payable in respect of the Obligations hereunder. Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreements, the Trustee and the Notes Collateral Agent shall have the power to institute and to maintain such suits and proceedings as the Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture, and such suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral Agent.

Suits to Protect the Collateral. Subject to the provisions of Article 7 Six, the Security Documents and the Security DocumentsIntercreditor Agreements, the Trustee may or may direct the Notes Collateral Agent to take all actions it determines in order to: (a1) enforce any of the terms of the Security Documents; and (b2) collect and receive any and all amounts payable in respect of the Obligations hereunder. Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreements, the Trustee and the Notes Collateral Agent shall have power to institute and to maintain such suits and proceedings as the Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture, and such suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 14.03 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral Agent.

Suits to Protect the Collateral. (a) Subject to the provisions of Article 7 the Security Documents and the Security DocumentsIntercreditor Agreement, the Trustee Purchaser may or may direct the Notes Collateral Agent to take all actions it determines in order to: (ai) enforce any of the terms of the Security Documents; and (bii) collect and receive any and all amounts payable in respect of the Obligations hereunder. Notes Obligations. (b) Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreement, the Trustee Purchaser and the Notes Collateral Agent shall have power to institute and to maintain such suits and proceedings as the Trustee Purchaser may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this IndentureAgreement, and such suits and proceedings as the Trustee Purchaser may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 10.04 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral AgentPurchaser.

Suits to Protect the Collateral. Subject to the provisions of Article 7 and the Security DocumentsDocuments and the Intercreditor Agreements, the Trustee may or may direct the Notes Collateral Agent to take all actions it determines in order to: (a) enforce any of the terms of the Security Documents; and (b) collect and receive any and all amounts payable in respect of the Obligations hereunder. Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreements, the Trustee and the Notes Collateral Agent shall have power to institute and to maintain such suits and proceedings as the Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture, and such suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral Agent.

Suits to Protect the Collateral. Subject to the provisions of Article 7 and the Security Documents, the Trustee may or may direct the Notes Collateral Security Agent to take all actions it determines in order to: (a) enforce any of the terms of the Security Documents; and (b) collect and receive any and all amounts payable in respect of the Obligations hereunder. Subject to the provisions of the Security Documents, the Trustee and the Notes Collateral Security Agent shall have power to institute and to maintain such suits and proceedings as the Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture, and such suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral, as applicable. Nothing in this Section 12.03 shall be considered to impose any such duty or obligation to act on the part of the Trustee or the Notes Collateral Security Agent.