Common use of CLAIMS AND PROCEEDINGS ON THE PART OF THE TRUSTEE Clause in Contracts

CLAIMS AND PROCEEDINGS ON THE PART OF THE TRUSTEE. 8.1 The Trustee may, at any time after the Bonds are declared due and payable, at its discretion and without giving another notice, adopt all such proceedings, including legal proceedings, as it finds fit, subject to the provisions of any law, to protect the rights of the Bondholders and implement the provisions of the Trust Deed and it may convene a special meeting of the Bondholders to this end. The Trustee shall be compelled to do so at the demand of the meeting of the Bondholders adopted by a special resolution. Nothing in the foregoing shall prejudice and/or derogate from the Trustee's right to institute legal and/or other proceedings, either on its own initiative or at the demand of the meeting of the Bondholders adopted by a special resolution, even if the Bonds have not been declared immediately due and payable, all with a view to protecting the Bondholders and subject to the provisions of any law.

CLAIMS AND PROCEEDINGS ON THE PART OF THE TRUSTEE. 8.1 8.19.1 The Trustee may, at any time after the Bonds Notes are declared due and payable, at its discretion and without giving another notice, adopt all such proceedings, including legal proceedings, as it finds fit, subject to the provisions of any law, to protect the rights of the Bondholders Noteholders and implement the provisions of the Trust Deed and it may convene a special meeting of the Bondholders Noteholders to this end. The Trustee shall be compelled to do so at the demand of the meeting of the Bondholders Noteholders, adopted by a special resolution. Nothing in the foregoing shall prejudice and/or derogate from the Trustee's ’s right to institute legal and/or other proceedings, either on its own initiative or at the demand of the meeting of the Bondholders Noteholders adopted by a special resolution, even if the Bonds Notes have not been declared immediately due and payable, all with a view to protecting the Bondholders Noteholders and subject to the provisions of any law.

CLAIMS AND PROCEEDINGS ON THE PART OF THE TRUSTEE. 8.1 The Trustee may, at any time after the Bonds Notes are declared due and payable, at its discretion and without giving another notice, adopt all such proceedings, including legal proceedings, as it finds fit, subject to the provisions of any law, to protect the rights of the Bondholders Noteholders and implement the provisions of the Trust Deed and it may convene a special meeting of the Bondholders Noteholders to this end. The Trustee shall be compelled to do so at the demand of the meeting of the Bondholders Noteholders, adopted by a special resolution. Nothing in the foregoing shall prejudice and/or derogate from the Trustee's ’s right to institute legal and/or other proceedings, either on its own initiative or at the demand of the meeting of the Bondholders Noteholders adopted by a special resolution, even if the Bonds Notes have not been declared immediately due and payable, all with a view to protecting the Bondholders Noteholders and subject to the provisions of any law.

CLAIMS AND PROCEEDINGS ON THE PART OF THE TRUSTEE. 8.1 The Trustee may, at any time after the Bonds are declared due and payable, at its discretion and without giving another notice, adopt all such proceedings, including legal proceedings, as it finds fit, subject to the provisions of any law, to protect the rights of the Bondholders and implement the provisions of the Trust Deed and it may convene a special meeting of the Bondholders to this end. The Trustee shall be compelled to do so at the demand of the meeting of the Bondholders adopted by a special resolution. Nothing in the foregoing shall prejudice and/or derogate from the Trustee's ’s right to institute legal and/or other proceedings, either on its own initiative or at the demand of the meeting of the Bondholders adopted by a special resolution, even if the Bonds have not been declared immediately due and payable, all with a view to protecting the Bondholders and subject to the provisions of any law.