Common use of Proceedings by Trustee Clause in Contracts

Proceedings by Trustee. In case of an Event of Default, the Trustee may, in its discretion, but shall not be required to, proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary to protect and enforce any of such rights, either by suit in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law.

Appears in 10 contracts

Samples: Indenture (Agco Corp /De), Indenture (Nii Holdings Inc), Indenture (Nii Holdings Inc)

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Proceedings by Trustee. In case of an Event of Default, Default hereunder the Trustee may, may in its discretion, but shall not be required to, discretion proceed to protect and enforce the rights vested in it by this Indenture Indenture, by such appropriate judicial proceedings as are necessary the Trustee shall deem most effectual to protect and enforce any of such rights, either by suit in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in to it under this Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law.

Appears in 7 contracts

Samples: Xcel Energy Inc, Indenture (Northern States Power Co /Mn/), Indenture (Northern States Power Co /Wi/)

Proceedings by Trustee. In case of an Event of DefaultDefault and subject to the provisions of Section 7.7 hereof, the Trustee may, may in its discretion, but shall not be required to, discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary the Trustee shall deem most effectual to protect and enforce any of such rights, either by suit in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, Indenture or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law.

Appears in 5 contracts

Samples: Penn Treaty American (Penn Treaty American Corp), Indenture (Penn Treaty American Corp), Penn Treaty American Corp

Proceedings by Trustee. In case of an Event of DefaultDefault hereunder has occurred, has not been waived and is continuing, the Trustee may, may in its discretion, but shall not be required to, discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary the Trustee shall deem most effectual to protect and enforce any of such rights, either by suit at law or in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, Indenture or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law.

Appears in 4 contracts

Samples: Indenture (Textron Financial Canada Funding Corp), Newmont Mining Corp, Textron Financial Corp

Proceedings by Trustee. In case of an Event of Default, Default hereunder the Trustee may, may in its discretion, but shall not be required to, discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary the Trustee shall deem most effectual to protect and enforce any of such rights, either by suit in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law. SECTION 6.06.

Appears in 3 contracts

Samples: McDonalds Corp, McDonalds Corp, McDonalds Corp

Proceedings by Trustee. In case of an Event of Default, Default ------------------------ hereunder the Trustee may, may in its discretion, but shall not be required to, discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary the Trustee shall deem most effectual to protect and enforce any of such rights, either by suit in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law. SECTION 5.6.

Appears in 2 contracts

Samples: Indenture (Intervest Bancshares Corp), Indenture (Intervest Bancshares Corp)

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Proceedings by Trustee. In case of an Event of Default, a Default hereunder the Trustee may, may in its discretion, but shall not be required to, discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary the Trustee shall deem most effectual to protect and enforce any of such rights, either by suit in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law.

Appears in 2 contracts

Samples: Indenture (Vineyard National Bancorp), Union National Financial Corp / Pa

Proceedings by Trustee. In case of an Event of Default, Default ------------------------- hereunder the Trustee may, may in its discretion, but shall not be required to, discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary the Trustee shall deem most effectual to protect and enforce any of such rights, either by suit in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law.

Appears in 1 contract

Samples: Indenture (Intervest Bancshares Corp)

Proceedings by Trustee. In case of an Event of Default, Default hereunder the Trustee may, may in its discretion, but shall not be required to, discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary the Trustee shall deem most effectual to protect and enforce any of such rights, either by suit in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in to it under this Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law. SECTION 7.06.

Appears in 1 contract

Samples: Senior Unsecured Note Indenture (Nevada Power Co)

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