Common use of PROCEEDINGS, ACTION AND INDEMNIFICATION Clause in Contracts

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE Trustee shall not be bound to take any proceedings mentioned in Clause 8(A) or any other action in relation to these presents unless respectively directed or requested to do so (i) by an Extraordinary Resolution or (ii) in writing by the holders of at least one-quarter in nominal amount of the Notes then outstanding and in either case then only if it shall be indemnified to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 4 contracts

Samples: Cadbury Schweppes Public LTD Co, Cadbury Schweppes Public LTD Co, Cadbury Public LTD Co

AutoNDA by SimpleDocs

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE Trustee shall not be bound to take any proceedings mentioned in Clause 8(A) or any other action in relation to these presents unless respectively directed or requested to do so (i) by an Extraordinary Resolution or (ii) in writing by the holders of at least one-quarter in nominal amount of the Notes then outstanding and in either case then only if it shall be indemnified or, if it so requires, secured to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 2 contracts

Samples: Portugal Telecom SGPS Sa, PT Portugal, SGPS, S.A.

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE Trustee shall not be bound to take any proceedings mentioned in Clause 8(A7(A) or any other action in relation to these presents unless respectively directed or requested to do so (i) by an Extraordinary Resolution or (ii) in writing by the holders of at least one-quarter in nominal amount of the Notes then outstanding and in either case then only if it shall be indemnified or, if it so requires, secured to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 2 contracts

Samples: Seventh Supplemental Trust (Portugal Telecom SGPS Sa), Portugal Telecom SGPS Sa

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE The Trustee shall not be bound to take any proceedings mentioned in Clause 8(A) Condition 9 or any other action in relation to these presents unless respectively directed or requested to do so (i) by an Extraordinary Resolution or (ii) in writing by the holders of at least one-quarter in nominal amount of the Notes then outstanding and in either case then only if it shall be indemnified to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 2 contracts

Samples: Fourth Supplemental Trust (Countrywide Credit Industries Inc), Trust (Countrywide Credit Industries Inc)

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE Trustee shall not be bound to take any proceedings mentioned in Clause 8(A7(A) or any other action in relation to these presents unless respectively directed or requested to do so (i) by an Extraordinary Resolution or (ii) in writing by the holders of at least one-quarter in nominal principal amount of the Notes Securities then outstanding and in either case then only if it shall be indemnified to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 1 contract

Samples: PPL Electric Utilities Corp

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE 9.1 The Trustee shall not be bound to take any proceedings mentioned in Clause 8(A) Condition 14 or any other action in relation to these presents unless respectively directed or requested to do so (i) by an Extraordinary Resolution or (ii) in writing by the holders of at least one-quarter fifth in nominal aggregate amount of the Notes then outstanding and in either case then only if it shall be indemnified to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 1 contract

Samples: Agreement (Texas Utilities Co /Tx/)

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE Trustee shall not be bound to take any proceedings mentioned in Clause 8(AClause7(A) or any other action in relation to these presents unless respectively directed or requested to do so (i) by i)by an Extraordinary Resolution or (ii) in ii)in writing by the holders of at least one-quarter in nominal am amount of the Notes then outstanding and in either case then only if it shall be indemnified to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 1 contract

Samples: Ibm Credit Corp

AutoNDA by SimpleDocs

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE Trustee shall not be bound to take any proceedings mentioned in Clause 8(A7(A) or any other action in relation to these presents unless respectively directed or requested to do so (i) by an Extraordinary Resolution or (ii) in writing by the holders of at least one-quarter fifth in nominal principal amount of the Notes Securities then outstanding and in either case then only if it shall be indemnified to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 1 contract

Samples: Registrar (United Utilities PLC)

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE The Trustee shall not be bound to take any proceedings mentioned in Clause 8(A) Condition 9 or any other action in relation to these presents unless respectively directed or requested to do so (i) by an Extraordinary Resolution or (ii) in writing by the holders of at least one-quarter in nominal amount of the Notes then outstanding and in either case then only if it shall be indemnified and/or secured to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 1 contract

Samples: Agency Agreement (Countrywide Financial Corp)

PROCEEDINGS, ACTION AND INDEMNIFICATION. (A) THE The Trustee shall not be bound to take any proceedings mentioned in Clause 8(A) Condition 10 or any other action in relation to these presents unless respectively directed or requested to do so (i) by an Extraordinary Resolution or (ii) in writing by the holders of at least one-quarter in nominal aggregate amount of the Notes then outstanding and in either case then only if it shall be indemnified to its satisfaction against all Liabilities to which it may thereby render itself liable or which it may incur by so doing.

Appears in 1 contract

Samples: United Utilities PLC

Time is Money Join Law Insider Premium to draft better contracts faster.