Common use of Trustee’s Powers Clause in Contracts

Trustee’s Powers. In considering the interests of Noteholders in circumstances where this Unrestricted Global Note Certificate is held on behalf of Euroclear, Clearstream Luxembourg and/or any Alternative Clearing System, the Trustee may (except as otherwise required by law), to the extent it considers it appropriate to do so in the circumstances, (a) have regard to such information as may have been made available to it by or on behalf of the relevant clearing system or its operator as to the identity of its accountholders (either individually or by way of category) with entitlements in respect of this Unrestricted Global Note Certificate and (b) consider such interests on the basis that such accountholders were the Holder.

Appears in 5 contracts

Samples: Agency Agreement (Open Joint Stock Co Vimpel Communications), Agency Agreement (Open Joint Stock Co Vimpel Communications), Loan Agreement (Open Joint Stock Co Vimpel Communications)

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Trustee’s Powers. In considering the interests of Noteholders in circumstances where this Unrestricted Restricted Global Note Certificate is held on behalf of Euroclear, Clearstream Luxembourg DTC and/or any Alternative Clearing System, the Trustee may (except as otherwise required by law), to the extent it considers it appropriate to do so in the circumstances, (a) have regard to such information as may have been made available to it by or on behalf of the relevant clearing system or its operator as to the identity of its accountholders (either individually or by way of category) with entitlements in respect of this Unrestricted Restricted Global Note Certificate and (b) consider such interests on the basis that such accountholders were the Holder.

Appears in 5 contracts

Samples: Loan Agreement (Open Joint Stock Co Vimpel Communications), Agency Agreement (Open Joint Stock Co Vimpel Communications), Loan Agreement (Open Joint Stock Co Vimpel Communications)

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