Co-Trustees. Notwithstanding the provisions of Clause 12.1, the Trustee may, upon giving prior notice to the Issuer but without the consent of the Issuer or the Noteholders, appoint any Person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Trustee: 12.2.1 if the Trustee considers such appointment to be in the interests of the Noteholders; or 12.2.2 for the purposes of conforming to any legal requirements, restrictions or conditions in any jurisdiction in which any particular act or acts are to be performed; or 12.2.3 for the purposes of obtaining a judgment in any jurisdiction or the enforcement in any jurisdiction either of a judgment already obtained or of this Trust Deed.
Appears in 2 contracts
Sources: Trust Deed, Trust Deed
Co-Trustees. Notwithstanding the provisions of Clause 12.111.1 (Appointment of Trustees), the Trustee may, upon giving prior notice to the Issuer but without the consent of the Issuer or the Noteholders, appoint any Person person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Trustee:
12.2.1 11.2.1 if the Trustee considers such appointment to be in the interests of the Noteholders; or
12.2.2 11.2.2 for the purposes of conforming to any legal requirements, restrictions or conditions in any jurisdiction in which any particular act or acts are to be performed; or
12.2.3 11.2.3 for the purposes of obtaining a judgment in any jurisdiction or the enforcement in any jurisdiction either of a judgment already obtained or of this Trust Deed.
Appears in 2 contracts
Sources: Trust Deed (BMB Munai Inc), Trust Deed (Bema Gold Corp /Can/)
Co-Trustees. Notwithstanding the provisions of Clause 12.111.1 (Appointment of Trustees), the Trustee may, upon giving prior notice to the Issuer but without the consent of the Issuer or the NoteholdersBondholders, appoint any Person person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Trustee:
12.2.1 11.2.1 if the Trustee considers such appointment to be in the interests of the NoteholdersBondholders; or
12.2.2 11.2.2 for the purposes of conforming to any legal requirements, restrictions or conditions in any jurisdiction in which any particular act or acts are to be performed; or
12.2.3 11.2.3 for the purposes of obtaining a judgment in any jurisdiction or the enforcement in any jurisdiction either of a judgment already obtained or of this Trust Deed.
Appears in 1 contract
Co-Trustees. Notwithstanding the provisions of Clause 12.111.1, the Trustee may, upon giving prior notice to the Issuer but without the consent of the Issuer or the Noteholders, appoint any Person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Trustee:
12.2.1 11.2.1 if the Trustee considers such appointment to be in the interests of the Noteholders; or
12.2.2 11.2.2 for the purposes of conforming to any legal requirements, restrictions or conditions in any jurisdiction in which any particular act or acts are to be performed; or
12.2.3 11.2.3 for the purposes of obtaining a judgment in any jurisdiction or the enforcement in any jurisdiction either of a judgment already obtained or of this Trust Deed.
Appears in 1 contract
Sources: Trust Deed
Co-Trustees. Notwithstanding the provisions of Clause 12.112.1 (Appointment of Trustees), the Trustee may, upon giving prior notice to the Issuer but without the consent of the Issuer or the NoteholdersBondholders, appoint any Person person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Trustee:
12.2.1 if the Trustee considers such appointment to be in the interests of the NoteholdersBondholders; or
12.2.2 for the purposes of conforming to any legal requirements, restrictions or conditions in any jurisdiction in which any particular act or acts are to be performed; or
12.2.3 for the purposes of obtaining a judgment in any jurisdiction or the enforcement in any jurisdiction either of a judgment already obtained or of this Trust Deed.
Appears in 1 contract
Sources: Trust Deed
Co-Trustees. Notwithstanding the provisions of Clause 12.1, the Trustee may, upon giving prior notice to the Issuer but without the consent of the Issuer or the NoteholdersHolders, appoint any Person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Trustee:
12.2.1 if the Trustee considers such appointment to be in the interests of the NoteholdersHolders; or
12.2.2 for the purposes of conforming to any legal requirements, restrictions or conditions in any jurisdiction in which any particular act or acts are to be performed; or
12.2.3 for the purposes of obtaining a judgment in any jurisdiction or the enforcement in any jurisdiction either of a judgment already obtained or of this Trust Deed.
Appears in 1 contract
Sources: Trust Deed