Appointment of Additional and Separate Trustees. (a) Whenever (i) the Indenture Trustee shall deem it necessary or desirable in order to conform to any law of any jurisdiction in which all or any part of the Collateral shall be situated or to make any claim or bring any suit with respect to or in connection with the Collateral, this Trust Indenture, any other Indenture Agreement, the Secured Certificates or any of the transactions contemplated by the Participation Agreement, (ii) the Indenture Trustee shall be advised by counsel satisfactory to it that it is so necessary or prudent in the interests of the Certificate Holders (and the Indenture Trustee shall so advise the Owner), or (iii) the Indenture
Appears in 1 contract
Sources: Trust Indenture and Security Agreement (Northwest Airlines Inc /Mn)
Appointment of Additional and Separate Trustees. (a) Whenever (i) the Indenture Trustee shall deem it necessary or desirable in order to conform to any law of any jurisdiction in which all or any part of the Collateral Trust Indenture Estate shall be situated or to make any claim or bring any suit with respect to or in connection with the CollateralTrust Indenture Estate, this Trust Indenture, any other Indenture Agreement, the Secured Certificates or any of the transactions contemplated by the Participation Agreement, (ii) the Indenture Trustee shall be advised by counsel satisfactory to it that it is so necessary or prudent in the interests of the Certificate Holders (and the Indenture Trustee shall so advise the OwnerOwner Trustee and Lessee), or (iii) the IndentureIndenture Trustee shall have been requested to do so by a Majority in Interest of
Appears in 1 contract
Sources: Secured Certificates Agreement (Northwest Airlines Corp)