Examples of Written Direction in a sentence
The Trustee shall, if so instructed by a Written Direction, agree to any modification of these Conditions or the Trust Deed.
In addition, the Trustee shall, if so instructed by a Written Direction, authorise or waive any breach or proposed breach of the Securities or the Transaction Documents, or determine that any event which would or might otherwise give rise to a right of acceleration under the Conditions shall not be treated as such.
The Trust Deed contains provisions permitting the retirement, or the removal by the Security Holders (exercisable by Written Direction), of the Trustee subject to there remaining a trustee in office after such retirement or removal.
In addition, the Trustee shall, if so instructed by a Written Direction, authorise or waive any breach or proposed breach of the Security or the Transaction Documents, or determine that any event which would or might otherwise give rise to a right of acceleration under the Conditions shall not be treated as such.
The Trust Deed contains provisions permitting the retirement, or the removal by the Security Holder (exercisable by Written Direction), of the Trustee subject to there remaining a trustee in office after such retirement or removal.