Rights of the Trust. All of the rights and benefits conferred on the Manager pursuant to this Agreement (other than the right to indemnification provided in Section 3) are intended to inure to the benefit of the Trust.
Rights of the Trust. All of the rights and benefits conferred on the Committees and Trustee pursuant to this Agreement (other than the right to indemnification provided in Section 1.3) are intended to inure to the benefit of the Trusts.
Rights of the Trust the Depositor and Others in Respect of the Servicer. The Servicer shall afford the Trust, the Depositor, the Indenture Trustee and the Insurer, upon reasonable notice, during normal business hours, access to all records maintained by the Servicer in respect of its rights and obligations hereunder and access to officers of the Servicer responsible for such obligations. Upon request, the Servicer shall furnish to the Trust, the Depositor, the Indenture Trustee and the Insurer its most recent financial statements and such other information relating to its capacity to perform its obligations under this Agreement it possesses. To the extent such information is not otherwise available to the public, the Trust, the Depositor, the Indenture Trustee and the Insurer shall not disseminate any information obtained pursuant to the preceding two sentences without the Servicer's written consent, except as required pursuant to this Agreement or to the extent that it is appropriate to do so (i) in working with legal counsel, auditors, taxing authorities or other governmental agencies or (ii) pursuant to any law, rule, regulation, order, judgment, writ, injunction or decree of any court or governmental authority having jurisdiction over the Trust, the Depositor, the Indenture Trustee, the Insurer or the Trust Property, and in either case, the Trust, the Depositor, the Insurer or the Indenture Trustee, as the case may be, shall use its best efforts to assure the confidentiality of any such disseminated non-public information. The Depositor may, but is not obligated to, enforce the obligations of the Servicer under this Agreement and may, but is not obligated to, perform, or cause a designee to perform, any defaulted obligation of the Servicer under this Agreement or exercise the rights of the Servicer under this Agreement; provided that the Servicer shall not be relieved of any of its obligations under this Agreement by virtue of such performance by the Depositor or its designee. The Depositor shall not have any responsibility or liability for any action or failure to act by the Servicer and is not obligated to supervise the performance of the Servicer under this Agreement or otherwise.
Rights of the Trust. All of the rights and benefits conferred on the Manager pursuant to this Agreement are intended to inure to the benefit of the Trust.
Rights of the Trust. The Trust is hereby authorized irrevocably to endorse on behalf of the borrower the hypothecated property as well as any cheque, money order or other instrument issued in payment of the hypothecated property or of the proceeds arising therefrom, to receive payment therefor, to give an acquittance for the sums collected and to request that its name be registered as hypothecary creditor in the ledgers of the issuer, of its transfer agent or any other mandatory. The Trust's liability respecting the hypothecated property in its possession shall be limited to exercising the prudence and diligence it exercises toward the Trust's own property at its Branch where the borrower's property is kept. The borrower acknowledges that the Trust is entitled to hold the hypothecated property and to transfer it to a third party who may hand over to such third party a copy of this agreement as duly executed by the borrower. The Trust shall always be deemed to have continuous holding thereof.
Rights of the Trust. The Trust shall have the absolute right to exercise or refrain from exercising any right or rights which the Trust may have by reason of this Registration Rights Agreement or any Registrable Security, including the right to consent to the waiver of any obligation of the Company under this Registration Rights Agreement and to enter into an agreement with the Company for the purpose of modifying this Registration Rights Agreement or any agreement effecting any such modification. The Company shall reimburse the Trust for all documented out-of-pocket costs and expenses arising out of, or incurred by the Trust in connection with, any successful action or proceeding brought against the Company by the Trust to enforce any provision in this Registration Rights Agreement
Rights of the Trust. The Company will not file any registration statement relating to Common Stock under the Securities Act (other than by a registration on Form S-4 or Form S-8 or in connection with a registration of securities which are convertible into or exchangeable for Common Stock), unless it shall first have given to the Trust at least 15 days prior written notice thereof. Upon making a request within 15 days after such notice, the Trust shall have the rights provided in Sections 2 2, 2.3, 2.5 and 2.7.
