Examples of Funding 2 Transaction Documents in a sentence
The Funding 2 Security Trustee may also, whenever it thinks expedient in the interests of the Funding 2 Secured Creditors, whether by power of attorney or otherwise, delegate to any person or persons all or any of the trusts, rights, powers, duties, authorities and discretions vested in it by this Deed or any of the other Funding 2 Transaction Documents.
Each Independent Director to whom a grant is made under the Plan shall enter into a written agreement with the Company that shall contain such provisions, consistent with the provisions of the Plan, as may be established by the Company.
Whenever there shall be more than two trustees hereof, the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions vested by this Deed and any of the other Funding 2 Transaction Documents in the Funding 2 Security Trustee generally.
Subject to the provisions of the Funding 2 Transaction Documents, in the event that a Funding 2 Intercompany Loan Enforcement Notice has been served (and not withdrawn) by the Funding 2 Security Trustee on Funding 2, the Funding 2 Security Trustee shall as soon as practicable serve a copy of that Funding 2 Intercompany Loan Enforcement Notice on the Funding 2 Secured Creditors.
The Funding 2 Security Trustee has no duties or responsibilities except those expressly set out in this Deed or in the Funding 2 Transaction Documents.
The Funding 2 Security Trustee shall be entitled to rely on (and to accept as conclusive evidence save in the case of manifest error) a certificate from each Funding 2 Secured Creditor as to the amounts owed to such Funding 2 Secured Creditor under the Funding 2 Transaction Documents.
The Funding 2 Security Trustee may, in the execution of all or any of the trusts, powers, authorities and discretions vested in it by this Deed or any of the other Funding 2 Transaction Documents, act by responsible officers or a responsible officer for the time being of the Funding 2 Security Trustee.
The Funding 2 Security Trustee shall not be liable or responsible for any loss, cost, damage, expense or inconvenience which may result from anything done or omitted to be done by it under this Deed or under any of the other Funding 2 Transaction Documents save where the same arises as a result of the Funding 2 Security Trustee's fraud, wilful default or gross negligence.
Notwithstanding anything else in this Deed or the other Funding 2 Transaction Documents, the Funding 2 Security Trustee may refrain from doing anything which would or might in its opinion be contrary to any law of any jurisdiction or any directive or regulation of any governmental agency or which would or might otherwise render it liable to any person and may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation.
Multiple Trustees: Whenever there shall be more than two trustees hereof, the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions vested by this Deed and any of the other Funding 2 Transaction Documents in the Funding 2 Security Trustee generally.