Common use of Additional Powers Clause in Contracts

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Sixth Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Sixth Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Sixth Issuer fails to pay such premiums or expenses or to reimburse the Security Trustee therefor, the Security Trustee shall be entitled to be indemnified out of the Sixth Issuer Charged Property in respect thereof and, in the case of a Sixth Issuer Note Acceleration Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Sixth Issuer Noteholders and all other Sixth Issuer Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Sixth Fifth Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Sixth Fifth Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Sixth Fifth Issuer fails to pay such premiums or expenses or to reimburse the Security Trustee therefor, the Security Trustee shall be entitled to be indemnified out of the Sixth Fifth Issuer Charged Property in respect thereof and, in the case of a Sixth Fifth Issuer Note Acceleration Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Sixth Fifth Issuer Noteholders and all other Sixth Fifth Issuer Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Sixth Third Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Sixth Third Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Sixth Third Issuer fails to pay such premiums or expenses or to reimburse the Security Trustee therefor, the Security Trustee shall be entitled to be indemnified out of the Sixth Third Issuer Charged Property in respect thereof and, in the case of a Sixth Third Issuer Note Acceleration Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Sixth Third Issuer Noteholders and all other Sixth Third Issuer Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Ninth Issuer Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Ninth Issuer Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Ninth Issuer Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Sixth Ninth Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Ninth Issuer Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Sixth Ninth Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Ninth Issuer Security Trustee may properly incur in relation to such insurance. If the Sixth Ninth Issuer fails to pay such premiums or expenses or to reimburse the Ninth Issuer Security Trustee thereforTrustee, the Ninth Issuer Security Trustee shall be entitled to be indemnified out of the Sixth Ninth Issuer Charged Property in respect thereof and, in the case of a Sixth Ninth Issuer Note Acceleration Enforcement Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Sixth Ninth Issuer Noteholders and all other Sixth Ninth Issuer Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Sixth Issuer Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Sixth Issuer Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Sixth Issuer Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Sixth Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Sixth Issuer Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Sixth Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Sixth Issuer Security Trustee may properly incur in relation to such insurance. If the Sixth Issuer fails to pay such premiums or expenses or to reimburse the Sixth Issuer Security Trustee thereforTrustee, the Sixth Issuer Security Trustee shall be entitled to be indemnified out of the Sixth Issuer Charged Property in respect thereof and, in the case of a Sixth Issuer Note Acceleration Enforcement Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Sixth Issuer Noteholders and all other Sixth Issuer Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Sixth Second Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Sixth Second Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Sixth Second Issuer fails to pay such premiums or expenses or to reimburse the Security Trustee therefor, the Security Trustee shall be entitled to be indemnified out of the Sixth Second Issuer Charged Property in respect thereof and, in the case of a Sixth Second Issuer Note Acceleration Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Sixth Second Issuer Noteholders and all other Sixth Second Issuer Secured Creditors and otherwise in accordance with this Deed.