Performance of Covenants by Trustee. If the Company shall fail to perform any of its covenants contained in this Indenture the Trustee may notify the Special Warrantholders of such failure on the part of the Company or may itself perform any of the said covenants capable of being performed by it, but, subject to Section 8.3 hereof, the Trustee shall be under no obligation to do so or to notify any Special Warrantholder. All sums reasonably expended or advanced by the Trustee in performance of its rights provided for in this Subsection 3.1(f) shall be repayable as provided in Subsection 3.1(b). No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Company of any default hereunder.
Appears in 3 contracts
Samples: Special (Ivanhoe Energy Inc), Special (Ivanhoe Mines LTD), Ivanhoe Mines LTD
Performance of Covenants by Trustee. If the Company shall fail to perform any of its covenants contained in this Indenture the Trustee may notify the Special Warrantholders of such failure on the part of the Company or may itself iTSXlf perform any of the said covenants capable of being performed by it, but, subject to Section 8.3 hereof, the Trustee shall be under no obligation to do so or to notify any Special Warrantholder. All sums reasonably expended or advanced by the Trustee in performance of its rights provided for in this Subsection 3.1(f) shall be repayable as provided in Subsection 3.1(b). No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Company of any default hereunder.
Appears in 1 contract
Samples: Ivanhoe Mines LTD
Performance of Covenants by Trustee. If the Company Corporation shall fail to perform any of its covenants contained in this Indenture the Trustee may notify the Special Warrantholders of such failure on the part of the Company Corporation or may itself perform any of the said covenants capable of being performed by it, but, subject to Section 8.3 hereof, the Trustee shall be under no obligation to do so or to notify any Special Warrantholder. All sums reasonably expended or advanced by the Trustee in performance of its rights provided for in this Subsection 3.1(f3.1(h) shall be repayable as provided in Subsection 3.1(b). No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Company Corporation of any default hereunder or its continuing obligations hereunder.
Appears in 1 contract
Samples: Global Gold Corp