Common use of Compulsion Clause in Contracts

Compulsion. Notwithstanding any other provision of this Agreement in the event that any right, power or discretion vested in or reserved to any person is in the bona fide opinion of the Trustee holding office immediately prior to the exercise or purported exercise of such right, power or discretion: (a) exercised or omitted to be exercised by that person under duress or influence of an outside force, or by compulsion; (b) not in the Trustee’s opinion voluntary in nature; (c) exercised by any legal process or like authority; (d) instigated by any directive, order, ruling or like decree of any court, tribunal or administrative body, or by bankruptcy-in-trustee, official assignee, or any other similar appointee or person; or (e) otherwise involuntary in nature;

Compulsion. Notwithstanding any other provision of this Agreement in the event that any right, right power or discretion vested in or reserved to any person is in the bona fide opinion of the Trustee holding office immediately prior to the exercise or purported exercise of such right, power or discretion: (a) exercised or omitted to be exercised by that person under duress or influence of an outside force, or by compulsion; (b) not in the Trustee’s opinion voluntary in nature; (c) exercised by any legal process or like authority; (d) instigated by any directive, order, ruling or like decree of any court, tribunal or administrative body, or by bankruptcy-in-trustee, official assignee, or any other similar appointee or person; or (e) otherwise involuntary in nature;