Common use of Additional Powers Clause in Contracts

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Fourth Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Fourth Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Fourth Issuer fails to pay such premiums or expenses or to reimburse the Security Trustee therefor, the Security Trustee shall be entitled to be indemnified out of the Fourth Issuer Charged Property in respect thereof and, in the case of a Fourth Issuer Note Acceleration Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Fourth Issuer Noteholders and all other Fourth Issuer Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Fourth Issuer Funding Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person persons to maintain insurance, but to the extent that it does so, the Fourth Issuer Funding shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Fourth Issuer Funding fails to pay such premiums or expenses or to reimburse the Security Trustee thereforTrustee, the Security Trustee shall be entitled to be indemnified out of the Fourth Issuer Funding Charged Property in respect thereof andthereof, and in the case of a Fourth Issuer Note Acceleration an Intercompany Loan Enforcement Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Fourth Issuer Noteholders and all other Fourth Issuer Funding Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that as provided in Clause 17 of its officers or employeesthe Bond Trust Deed); (b) as a result of any act or failure to act by the Receiver or any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default)agent; (c) in connection with the Fourth Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this DeedSecurity. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insuranceobligations, but to the extent that it does so, the Fourth Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Fourth Issuer fails to pay such premiums or expenses or to reimburse the Security Trustee thereforTrustee, the Security Trustee shall be entitled to be indemnified out of the Fourth Issuer Charged Property in respect thereof andthereof, and in the case of a Fourth Issuer Note Acceleration Bond Enforcement Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Fourth Issuer Noteholders Bondholders and all other Fourth Issuer Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Fourth Second Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Fourth Second Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Fourth Second Issuer fails to pay such premiums or expenses or to reimburse the Security Trustee therefor, the Security Trustee shall be entitled to be indemnified out of the Fourth Second Issuer Charged Property in respect thereof and, in the case of a Fourth Second Issuer Note Acceleration Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Fourth Second Issuer Noteholders and all other Fourth Second Issuer Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Fourth Third Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Fourth Third Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Fourth Third Issuer fails to pay such premiums or expenses or to reimburse the Security Trustee therefor, the Security Trustee shall be entitled to be indemnified out of the Fourth Third Issuer Charged Property in respect thereof and, in the case of a Fourth Third Issuer Note Acceleration Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Fourth Third Issuer Noteholders and all other Fourth Third Issuer Secured Creditors and otherwise in accordance with this Deed.

Additional Powers. The Security Trustee shall have the power to insure against any liabilities or obligations arising: (a) as a result of the Security Trustee acting or failing to act in a certain way (other than which may arise from its negligence or wilful default or that of its officers or employees); (b) as a result of any act or failure to act by any person or persons to whom the Security Trustee has delegated any of its trusts, rights, powers, duties, authorities or discretions, or appointed as its agent (other than which may arise from such person's negligence or wilful default); (c) in connection with the Fourth Seventh Issuer Charged Property; or (d) in connection with or arising from the enforcement of the security created by this Deed. The Security Trustee shall not be under any obligation to insure in respect of such liabilities and/or obligations or to require any other person to maintain insurance, but to the extent that it does so, the Fourth Seventh Issuer shall quarterly and on written request pay all insurance premiums and expenses which the Security Trustee may properly incur in relation to such insurance. If the Fourth Seventh Issuer fails to pay such premiums or expenses or to reimburse the Security Trustee therefor, the Security Trustee shall be entitled to be indemnified out of the Fourth Seventh Issuer Charged Property in respect thereof and, in the case of a Fourth Seventh Issuer Note Acceleration Notice having been served, the indemnification of the Security Trustee in respect of all such insurance premiums and expenses shall be payable in priority to payments to the Fourth Seventh Issuer Noteholders and all other Fourth Seventh Issuer Secured Creditors and otherwise in accordance with this Deed.