Common use of Suits to Protect the Collateral Clause in Contracts

Suits to Protect the Collateral. Following an Event of Default, subject to the provisions of the Security Documents, the Collateral Trustee shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings 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 to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests or be prejudicial to the interests of the Holders, the Trustee or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreement, the Collateral Trustee Security Agent shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings as it may deem expedient 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 Security Agent, in its sole discretion, may deem expedient to preserve or protect its the security interests and the interests of the Holders in the Collateral created under the Security Documents (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests lien on the Collateral or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security Documents, the Collateral Trustee shall have the power but not authority to direct the obligation (upon notice to the Trustee) Collateral Agent to institute and to maintain such suits and proceedings as the Trustee may deem expedient 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 deem expedient to preserve or protect its interests and the interests of the Holders of the Securities in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests or be prejudicial to the interests of the Holders, Holders of the Trustee or the Collateral TrusteeSecurities).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security Collateral Documents, the Collateral Trustee shall have the power (but not the obligation (upon notice to the Trusteeobligation) to institute and to maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Collateral Documents or this Indenture, and such suits and proceedings as the Trustee, in its sole discretion, may deem expedient to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests Lien on the Collateral or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreement, the Collateral Trustee Security Agent shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings as it may deem expedient 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 the Indenture, and such suits and proceedings as the Security Agent, in its sole discretion, may deem expedient to preserve or protect its the security interests and the interests of the Holders in the Collateral created under the Security Documents (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests lien on the Collateral or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security DocumentsAgreements, the Collateral Trustee shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents Agreements or this Indenture, and such suits and proceedings as the Trustee, in its sole discretion, may deem expedient to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests Lien on the Collateral or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security DocumentsDocuments and the Collateral Agency Agreement, the Collateral Trustee Agents shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings as it may deem expedient 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 Collateral Agents, in their sole discretion, may deem expedient to preserve or protect its the security interests and the interests of the Holders in the Collateral created under the Security Documents (including the power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests Lien on the Collateral or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security DocumentsIntercreditor Agreement, the Trustee and the Collateral Trustee Agent shall have the power but not the obligation (upon notice authority to the Trustee) direct, to institute and to maintain such suits and proceedings as each may deem expedient to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Collateral Documents or this Indenture, and such suits and proceedings as the Trustee or the Collateral Agent may deem expedient to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests Second Priority Liens securing the Secured Obligations or be prejudicial to the interests of the Holders, the Trustee or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject to the provisions of the Intercreditor Agreement and the Security Documents, the Collateral Trustee Security Agent shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings 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 to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests or be prejudicial to the interests of the Holders, the Trustee or the Collateral TrusteeSecurity Agent).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security Collateral Documents, the Collateral Trustee shall have the power but not authority to direct the obligation (upon notice to the Trustee) Collateral Agent to institute and to maintain such suits and proceedings as the Trustee may deem expedient to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Collateral Documents or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests Note Liens or be prejudicial to the interests of the Holders, Holders of the Trustee or the Collateral TrusteeNotes).

Suits to Protect the Collateral. Following an Event of Default, subject to the provisions of the Security Documents, the Collateral The Trustee shall have the power but not the obligation (upon notice to the Trustee) to institute in its name and to maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of this Indenture or any of the Security Documents or this IndentureDocuments, and such suits and proceedings as necessary to preserve or protect its interests and the interests of the Holders in the Collateral (and in the principal, interest, issues, profits, rents, revenues and other income arising therefrom, including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid invalid, if the enforcement of, or compliance with, such enactment, rule or order would impair the security hereunder or under any of the Security Interests Documents, or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security DocumentsDocuments and the Collateral Agency Agreement, the Collateral Trustee Agents shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings as it may deem expedient 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 Collateral Agents, in their sole discretion, may deem expedient to preserve or protect its the security interests and the interests of the Holders in the Collateral created under the Security Documents (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests Lien on the Collateral or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreement, the Collateral Trustee shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents Documents, the Intercreditor Agreement or this Indenture, and such suits and proceedings as the Trustee, in its sole discretion, may deem expedient to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests Lien on the Collateral or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreement, the Collateral Trustee Security Agent shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings as it may deem expedient 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 Security Agent, in its sole discretion, may deem expedient to preserve or protect its the security interests and the interests of the Holders in the Collateral created under the Security Documents (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests Lien on the Collateral or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject to the provisions of the Security Documents, the Collateral Trustee shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings 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 to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests security interests or be prejudicial to the interests of the Holders, the Trustee or the Collateral Trustee).

Suits to Protect the Collateral. Following an Event of Default, subject Subject to the provisions of the Security DocumentsDocuments and the Intercreditor Agreement, the Collateral Trustee shall have the power but not the obligation (upon notice to the Trustee) to institute and to maintain such suits and proceedings as it may deem expedient 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, in its sole discretion, may deem expedient to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the Security Interests Lien on the Collateral or be prejudicial to the interests of the Holders, the Trustee Holders or the Collateral Trustee).. 114