Common use of Authority for Certain Actions Clause in Contracts

Authority for Certain Actions. The Debenture Trustee shall: (a) execute and deliver and/or accept the REIT NCD Transaction Documents; (b) execute and deliver all other documents, agreements, instruments, certificates, notices and do all other actions as may be necessary or desirable in connection with the protection and preservation of the rights of the Debentures Holders; and (c) upon the occurrence and continuance of an Event of Default, exercise its rights as Debenture Trustee for the Debenture Holders under the REIT NCD Transaction Documents and under Applicable Law in accordance with Clause 6 (Events of Default and Remedies) of Part A (Statutory/Standard information pertaining to issuance of non-convertible debentures) of this Deed. (d) The Debenture Trustee shall, except in respect of matters on which it has been expressly authorised to take action (or omit to act) without reference to the Debenture Holders, seek the consent of the Debenture Holders prior to taking any actions (or omitting to act) under the REIT NCD Transaction Documents. The required majority of Debenture Holders for giving consent to any proposed action (or omission) by the Debenture Trustee shall be in accordance with paragraph(s) 38 to 41 of Schedule 1 (Provisions for the meetings of the Debenture Holders) of Part A (Statutory/Standard information pertaining to issuance of non-convertible debentures) of this Deed.

Authority for Certain Actions. (a) The Debenture Trustee shall: (ai) execute and deliver and/or accept the REIT NCD Transaction Documents and do any other act necessary for the creation and perfection of the Security required to be created in accordance with the Transaction Documents; (bii) execute and deliver all other documents, agreements, instruments, certificates, notices and do all other actions as may be necessary or desirable required in connection with the protection and preservation of the rights of the Debentures HoldersDebenture Holders in accordance with the Transaction Documents; (iii) make any notifications to the relevant Stock Exchanges as may be required; (iv) under Applicable Law with respect to its obligations as the Debenture Trustee in accordance with this Deed; (v) to the extent necessary and subject to the terms of the Transaction Documents, hold or instruct the Security Trustee to hold, the title deeds and other documents relating to the relevant Secured Assets in such manner as it sees fit; and (cvi) upon the occurrence and continuance of an Event of DefaultDefault and only for so long as it is continuing, exercise its rights as Debenture Trustee for the Debenture Holders under in accordance with the REIT NCD Transaction Documents and under Applicable Law in accordance with Clause 6 7 (Events of Default and Remedies) of Part A (StatutoryStandard/Standard information pertaining to issuance of non-convertible debentures) of this DeedStatutory Information in Connection with the Issue). (db) The Debenture Trustee shall, except in respect of matters on which it has been expressly authorised to take action (or omit to act) without reference to the Debenture Holders, seek the consent of the Debenture Holders prior to taking any actions (or omitting to act) under in accordance with the REIT NCD Transaction Documents. The required majority of Debenture Holders for giving consent to any proposed action (or omission) by the Debenture Trustee shall be in accordance with paragraph(s) 38 to 41 paragraph 37 of Schedule 1 (Provisions for the meetings Meetings of the Debenture Holders) of Part A (StatutoryStandard/Standard information pertaining to issuance of non-convertible debentures) of this DeedStatutory Information in Connection with the Issue).