Common use of Authorization of Actions to Be Taken by the Trustee Clause in Contracts

Authorization of Actions to Be Taken by the Trustee. Under the Security Documents. Subject to the provisions of Sections 7.01 and 7.02 hereof, the Trustee may, in its sole discretion and without the consent of the Holders of Notes, direct, on behalf of the Holders of Notes, the Collateral Agents to take all actions it deems necessary or appropriate in order to: (1) enforce any of the terms of the Security Documents; and (2) collect and receive any and all amounts payable in respect of the Obligations of the Company and QCII hereunder.

Authorization of Actions to Be Taken by the Trustee. Under the Security Documents. Subject Following an Event of Default, subject to the provisions of Sections 7.01 Section 701 and 7.02 hereofSection 703 and the terms of the Security Documents and the Intercreditor Agreement (including any consent of the Holders required thereunder), the Trustee may, in its sole discretion and without the consent of the Holders of Notesdiscretion, direct, on behalf of the Holders of Notes, the Collateral Agents Agent to take all actions it deems necessary or appropriate in order to: (1) enforce any of the terms of the Security Documents; and (2) collect and receive any and all amounts payable in respect of the Obligations of the Company and QCII hereunder.