Common use of Intervention by Trustee Clause in Contracts

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a party and which in the opinion of the Trustee and its Counsel has a substantial bearing on the interests of Bondholders, the Trustee may intervene on behalf of Bondholders and, subject to the provisions of Section 10.01(i), shall do so if requested in writing by the Owners of a majority in aggregate principal amount of all Bonds then outstanding.

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower Company is a party of which the Trustee has actual notice and which in the opinion of the Trustee and its Counsel has a substantial bearing on the interests of BondholdersHolders of the Bonds, the Trustee may intervene on behalf of Bondholders andHolders, subject and shall intervene if requested to the provisions of Section 10.01(i), shall do so if requested in writing by Holders of at least 25% of the Owners of a majority in aggregate principal amount of all Bonds then outstandingOutstanding. The rights and obligations of the Trustee under this Section are subject to the approval of a court of competent jurisdiction.

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a party and which in the opinion reasonable judgment of the Trustee and its Counsel counsel has a substantial bearing on the interests of Bondholdersholders of the Expenditure Agreement, the Trustee may intervene on behalf of Bondholders Expenditure Agreement Owners and, subject to the provisions of Section 10.01(i8.1(k), shall do so if requested in writing by the Owners Requisite Expenditure Agreement Owners. The rights and obligations of the Trustee under this Section are subject to the approval of a majority in aggregate principal amount court of all Bonds then outstandingcompetent jurisdiction.

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a party and which in the opinion of the Trustee and its Counsel counsel has a substantial bearing on the interests of Bondholders, the Trustee may intervene on behalf of Bondholders Holders and, subject to the provisions of Section 10.01(i)extent that it is indemnified to its reasonable satisfaction, shall do so if requested in writing by the Owners Bondowner Representative. The rights and obligations of the Trustee under this Section 9.04 are subject to the approval of a majority court of competent jurisdiction in aggregate principal amount of all Bonds then outstandingthe premises.

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower Company is a party and which in the opinion of the Trustee and its Counsel attorney has a substantial bearing on the interests of Bondholdersholders of the Bonds, the Trustee may intervene on behalf of Bondholders and, subject to the provisions of Section 10.01(i), and shall do so if requested in writing by the Owners holders of a majority in at least twenty-five percent (25%) of the aggregate principal amount of all Bonds then outstanding.

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a party and which in the opinion of the Trustee and its Counsel counsel has a substantial bearing on the interests of Bondholdersthe Secured Parties, the Trustee may intervene on behalf of Bondholders and, subject to the provisions of Section 10.01(i), Secured Parties and shall do so if requested in writing by the Owners of a majority in aggregate principal amount of all Bonds then outstandingInstructing Controlling Party.

Intervention by Trustee. In any judicial proceeding concerning the issuance of the payment of the Bonds to which the Issuer or the Borrower is a party and which in the opinion of the Trustee and its Counsel has a substantial bearing on the interests of BondholdersOwners of the Bonds, the Trustee may intervene on behalf of Bondholders and, subject to the provisions of Section 10.01(i), Owners and shall do so if requested in writing by the Owners owners of at least 25% of the Bonds Outstanding and being provided a majority bond as described in aggregate principal amount of all Bonds then outstandingSection 9.01(l) hereof.

Intervention by Trustee. In any judicial proceeding concerning the issuance or the payment of the Bonds to which the Issuer or the Borrower is a party and which in the opinion of the Trustee and its Counsel has a substantial bearing on the interests of BondholdersOwners of the Bonds, the Trustee may intervene on behalf of Bondholders and, subject to the provisions of Section 10.01(i), Owners and shall do so if requested in writing by the Owners owners of at least 25% of the Bonds Outstanding and being provided a majority bond as described in aggregate principal amount of all Bonds then outstandingSection 10.01(l) hereof.

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a party and which in the opinion of the Trustee and its Counsel counsel has a substantial bearing on the interests of Bondholdersholders of the Bonds, the Trustee may intervene on behalf of Bondholders and, subject to the provisions receipt of Section 10.01(i)indemnity satisfactory to it, shall do so if requested in writing by the Owners holders of a majority in aggregate principal amount of all Bonds then outstanding.

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a party and which in the opinion of the Trustee and its Counsel counsel has a substantial bearing on the interests of Bondholdersholders of the Bonds, the Trustee may in its own name and as trustee of an express trust intervene on behalf of Bondholders andthe holders of the Bonds and shall, subject upon receipt of indemnity satisfactory to the provisions of Section 10.01(i)it, shall do so if requested in writing by the Owners of a majority Purchaser if permitted by the court having jurisdiction in aggregate principal amount of all Bonds then outstandingthe premises.

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a party and which in the opinion of the Trustee and its Counsel counsel has a substantial bearing on the interests of Bondholdersthe Owners, the Trustee may intervene on behalf of Bondholders andOwners, subject to the provisions of Section 10.01(i), and shall do so if requested in writing by the Owners Majority Holders, provided, the Trustee may, as a condition to taking any action at the request or direction of the Owners, require that a majority in aggregate principal amount satisfactory indemnity bond be furnished to it for the reimbursement of all Bonds then outstandingits reasonable fees and expenses and the liability that it may incur as a result of such action.

Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a party and which which, in the opinion of the Trustee and its Counsel Counsel, has a substantial bearing on the interests interest of the Bondholders, the Trustee may intervene on behalf of the Bondholders and, subject to the provisions of Section 10.01(i), and shall do so if requested in writing by a majority of the Owners Holders of all the Bonds. The rights and obligations of the Trustee under this Section are subject to the approval of a majority in aggregate principal amount court of all Bonds then outstandingcompetent jurisdiction if such approval is required by law as a condition to such intervention.