Common use of Authorization of Actions to Be Taken Clause in Contracts

Authorization of Actions to Be Taken. by the Trustee Under the Security Agreements. Subject to the provisions of Section 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 Agent to take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Security Agreements and (b) collect and receive any and all amounts payable in respect of the Obligations of the Company hereunder. The Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Pledged Collateral by any acts that may be unlawful or in violation of the Security Agreements or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of Notes in the Pledged Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of the Holders of Notes or of the Trustee).

Authorization of Actions to Be Taken. by the Trustee Under the Security AgreementsDocuments. Subject to the provisions of Section Sections 7.01 and 7.02 hereof, the Trustee may, in its sole discretion and shall without the consent of the Holders of Notes, direct, on behalf of the Holders of Notes, the Collateral Agent Securities Intermediary to take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Security Agreements Documents and (b) collect and receive any and all amounts payable in respect of the Obligations obligations of the Company hereunder. The Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Pledged Collateral by any acts that may be unlawful or in violation of the Security Agreements Documents or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of Notes in the Pledged Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of the Holders of Notes or of to the Trustee).

Authorization of Actions to Be Taken. by the Trustee Under the Security AgreementsEscrow Agreement. Subject to the provisions of Section 7.01 6.01 and 7.02 hereofSection 6.03, 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 Agent to take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Security Agreements Escrow Agreement and (b) collect and receive any and all amounts payable in respect of the Obligations obligations of the Company hereunder. The Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Pledged Collateral by any acts that may be unlawful or in violation of the Security Agreements Escrow Agreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of Notes in the Pledged Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of the Holders of Notes or of the Trustee).

Authorization of Actions to Be Taken. by the Trustee --------------------------------------------------- Under the Security AgreementsPledge Agreement. Subject to the provisions of Section 7.01 and 7.02 hereof6.02, the -------------------------- Trustee may, in its sole discretion and without the consent of the Holders of Notes, directHolders, on behalf of the Holders of NotesHolders, the Collateral Agent to take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Security Agreements and Pledge Agreement, (b) collect and receive any and all amounts payable in respect of the Obligations obligations of the Company hereunderhereunder and (c) enter into a Pledge Agreement in ac- cordance with Section 4.21 hereof. The Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Pledged Collateral by any acts that may be unlawful or in violation of the Security Agreements Pledge Agreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of Notes in the Pledged Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of the Holders of Notes or of the Trustee).

Authorization of Actions to Be Taken. by the Trustee Under --------------------------------------------------------- the Security AgreementsCollateral Agreement. Subject to the provisions of Section 7.01 Sections 7.1 and 7.02 hereof7.2, ------------------------ the Trustee may, in its sole discretion and without upon the consent written direction of the Holders of Notes, direct, majority in principal amount of the Notes then outstanding may in the name and on behalf of the Holders of such Notes, the Collateral Agent to take all actions it deems necessary or appropriate as so directed in order to (a) enforce any of the terms of the Security Agreements Collateral Agreement and (b) collect and receive any and all amounts payable in respect of the Obligations obligations of the Company hereunder. The Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient directed to prevent any impairment of the Pledged Collateral by any acts that may be unlawful or in violation of the Security Agreements Collateral Agreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of the Notes in the Pledged Collateral with respect to such Notes (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of the Holders of such Notes or of the Trustee).