Common use of Undertaking for Costs Clause in Contracts

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 105 contracts

Sources: Indenture (CarMax Auto Owner Trust 2025-4), Indenture (CarMax Auto Owner Trust 2025-4), Indenture (Carmax Auto Funding LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇Holder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys’ fees and reasonable expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) Securities or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 79 contracts

Sources: Indenture (World Omni Auto Receivables Trust 2022-C), Indenture (World Omni Auto Receivables Trust 2022-B), Indenture (World Omni Auto Receivables Trust 2022-B)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 53 contracts

Sources: Indenture (BMW Fs Securities LLC), Indenture Agreement (First Merchants Acceptance Corp), Indenture (Daimlerchrysler Services North America LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, suit and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 43 contracts

Sources: Indenture (Eaglemark Inc), Indenture (Heller Funding Corp), Indenture (Ace Securities Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇Holder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 39 contracts

Sources: Indenture (Hyundai Auto Receivables Trust 2022-B), Indenture (Hyundai Auto Receivables Trust 2022-B), Indenture (Hyundai Abs Funding LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder Noteholder by such Noteholder’s acceptance of any Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted Instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 33 contracts

Sources: Indenture (SLM Student Loan Trust 2006-3), Indenture (SLM Student Loan Trust 2006-9), Indenture (SLM Funding LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇Noteholder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys’ fees and reasonable expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) Outstanding Amount or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 33 contracts

Sources: Indenture (Honda Auto Receivables 2025-2 Owner Trust), Indenture (Honda Auto Receivables 2025-2 Owner Trust), Indenture (American Honda Receivables LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s 's fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% principal amount of the Note Balance of the Controlling Class) Notes Outstanding or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 30 contracts

Sources: Indenture (Mmca Auto Receivables Inc), Indenture (Mmca Auto Receivables Inc), Indenture (Mmca Auto Owner Trust 2001 2)

Undertaking for Costs. All parties to this Indenture agree, and each Holder Noteholder by such Noteholder's acceptance of any Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted Instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 30 contracts

Sources: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC), Indenture (SLM Funding LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s 's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Security Balances of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 24 contracts

Sources: Indenture (Morgan Stanley Abs Capital I Inc MSDWCC Heloc Trust 2003-1), Indenture (WaMu Asset Acceptance Corp.), Indenture (WMC Secured Assets Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such H▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys’ fees and reasonable expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) Securities or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 19 contracts

Sources: Indenture (World Omni Select Auto Trust 2025-A), Indenture (World Omni Select Auto Trust 2025-A), Indenture (World Omni Auto Receivables Trust 2025-C)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by (i) the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 16 contracts

Sources: Indenture (Mercedes-Benz Auto Lease Trust 2017-A), Indenture (Mercedes-Benz Auto Lease Trust 2017-A), Indenture (Mercedes-Benz Auto Lease Trust 2016-B)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s Noteholder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance principal amount of the Notes Outstanding (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Note Class, more than 10% of the Controlling Note Balance of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 15 contracts

Sources: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two L P), Indenture (Ford Credit Auto Receivables Two LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such H▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 13 contracts

Sources: Indenture (Hyundai Auto Receivables Trust 2025-C), Indenture (Hyundai Auto Receivables Trust 2025-C), Indenture (Hyundai Auto Receivables Trust 2025-B)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 12 contracts

Sources: Indenture (Morgan Stanley Auto Loan Trust 2003-Hb1), Indenture (Regions Auto Receivables Trust 2002-1), Indenture (Morgan Stanley Auto Loan Trust 2004-Hb2)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Securitized Utility Tariff Bond by such ▇▇▇▇▇▇Holder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Holder, or group of NoteholdersHolders, in each case holding Notes evidencing in the aggregate more than ten (10% ) percent of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Securitized Utility Tariff Bonds or (iiic) any suit instituted by any Noteholder Holder for the enforcement of the payment of principal of or (i) interest on any Note Securitized Utility Tariff Bond on or after the respective due dates expressed in such Note Securitized Utility Tariff Bond and in this Indenture or (orii) the unpaid principal, in the case if any, of redemption, any Securitized Utility Tariff Bond on or after the Redemption Date)Final Maturity Date therefor.

Appears in 10 contracts

Sources: Indenture (Ameren Missouri Securitization Funding I, LLC), Indenture (Ameren Missouri Securitization Funding I, LLC), Indenture (Ameren Missouri Securitization Funding I, LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 8 contracts

Sources: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Auto Receivables Trust 2025-D), Indenture (Hyundai Auto Receivables Trust 2025-D)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, suit and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (Outstanding Amount of the Class A-1 Notes and the Class A-2 Notes, or, if there are no Class A-1 Notes, Class A-2 Notes Outstanding, any Noteholder or group of Noteholders holding in the case of any suit which is instituted by the Controlling Class, more than aggregate 10% of the Note Balance Outstanding Amount of the Controlling Class) Class B Notes or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 8 contracts

Sources: Indenture (Harley Davidson Customer Funding Corp), Indenture (Harley Davidson Customer Funding Corp), Indenture (Harley Davidson Customer Funding Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys’ fees and reasonable expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) Securities or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 8 contracts

Sources: Indenture (World Omni Auto Receivables Trust 2025-D), Indenture (World Omni Auto Receivables Trust 2025-D), Indenture (World Omni Auto Receivables Trust 2025-B)

Undertaking for Costs. All The parties to this Indenture agree, and each Holder Noteholder by its acceptance of any a Note by such ▇▇▇▇▇▇’s acceptance thereof shall will be deemed to have agreed, that any a court may in its discretion require, in any suit Proceeding for the enforcement of any right or remedy under this Indenture, or in any suit Proceeding against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit the Proceeding of an undertaking to pay the costs of such suitthe Proceeding, and that such the court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Proceeding. This Section 5.13 shall 5.15 will not apply to (ia) any suit Proceeding instituted by the Indenture Trustee, (iib) any suit Proceeding instituted by any Noteholder or group of Noteholders, in each case Noteholders holding Notes evidencing in the aggregate more than 10% of the Note Balance of the Notes (or, or in the case of a Proceeding for the enforcement of any suit which right or remedy under this Indenture that is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iiic) any suit Proceeding instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such the Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 8 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Owner Trust 2015-A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇Holder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling ClassNoteholders, more than 10% of the Note Balance Outstanding Amount of the Controlling ClassNotes) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 7 contracts

Sources: Indenture (Hyundai Auto Receivables Trust 2011-C), Indenture (Hyundai Auto Receivables Trust 2010-B), Indenture (Hyundai Auto Receivables Trust 2010-A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s Noteholder's acceptance thereof shall of a Note will be deemed to have agreed, that any a court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this . This Section 5.13 shall 5.15 will not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case Noteholders holding Notes evidencing in the aggregate more than 10% of the Note Balance of the Notes Outstanding (or, or in the case of a suit for the enforcement of any suit which right or remedy under this Indenture that is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) ), or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 7 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2010-B), Indenture (Ford Credit Auto Owner Trust 2010-A), Indenture (Ford Credit Auto Owner Trust 2009-A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 7 contracts

Sources: Indenture (Hyundai Abs Funding Corp), Indenture (BMW Vehicle Owner Trust 2002-A), Indenture (BMW Vehicle Owner Trust 2001-A)

Undertaking for Costs. All The parties to this Indenture hereto agree, and each Holder of any Note Noteholder, by such ▇▇▇▇▇▇’s Noteholder's acceptance thereof of a Note, shall be deemed to have agreed, that any court may in its discretion require, in any suit Proceeding for the enforcement of any right or remedy under this Indenture, or in any suit Proceeding against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit Proceeding of an undertaking to pay the costs of such suitProceeding, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suitProceeding, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to any Proceeding instituted by (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing representing in the aggregate more than 10% of the aggregate Note Balance (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling ClassSenior Notes, or the Subordinate Notes, more than 10% of the Note Balance of the Controlling ClassSenior Notes or the Subordinate Notes, as the case may be) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates date expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 6 contracts

Sources: Indenture (Irwin Whole Loan Home Equity Trust 2005-A), Indenture (Bear Stearns Asset Backed Securities Inc), Indenture (Irwin Whole Loan Home Equity Trust 2004 A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s Noteholder's acceptance thereof shall of a Note will be deemed to have agreed, that any a court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this . This Section 5.13 shall 5.15 will not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance of the Notes Outstanding (or, or in the case of a suit for the enforcement of any suit which right or remedy under this Indenture that is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 6 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2007-A), Indenture (Ford Credit Auto Owner Trust 2008-B), Indenture (Ford Credit Auto Owner Trust 2007-B)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s acceptance thereof of a Note shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 6 contracts

Sources: Indenture (BMW Vehicle Owner Trust 2025-A), Indenture (BMW Vehicle Owner Trust 2025-A), Indenture (BMW Vehicle Owner Trust 2024-A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by (i) the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement enforce­ment of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 6 contracts

Sources: Indenture (Mercedes-Benz Auto Receivables Trust 2014-1), Indenture (Mercedes-Benz Auto Receivables Trust 2013-1), Indenture (Mercedes Benz Auto Receivables Trust 2012-1)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreedof its Note agrees, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee or Co-Trustee for any action taken, suffered suffered, or omitted by it as Indenture Trustee or Co-Trustee, any court may in its discretion require the filing by any party litigant in such the suit of an undertaking to pay the costs of such the suit, and that such the court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such the suit, having due regard to the merits and good faith of the claims or defenses made by such the party litigant; provided, however, that the . The provisions of this Section 5.13 shall not apply to to (i) any suit instituted by the Indenture Trustee, the Co-Trustee, or the Credit Enhancer, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 1025% of the Note Balance (aggregate Outstanding Amount of all Classes, or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of any Principal Amount Note or interest on any Interest Bearing Note on or after the respective due dates expressed in such the Note and in this Indenture (or, in the case of redemption, on or after the Redemption Dateredemption date).

Appears in 5 contracts

Sources: Indenture (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2006-C), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2006-B), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2006-E)

Undertaking for Costs. All parties to this Indenture ---------------------- agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Note Trustee for any action taken, suffered or omitted by it as Indenture Note Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Note Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% 10 percent of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance Notes of the Controlling Class) a Series or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or (i) interest on any Note on or after the respective due dates expressed in such Note and in this Indenture Indenture, (orii) the unpaid principal, if any, of any Note on or after the Final Maturity Date therefor or (iii) in the case of redemption, the unpaid principal of and premium, if any, and interest on any Note on or after the Redemption Date)Date therefor.

Appears in 5 contracts

Sources: Indenture (Sce Funding LLC), Indenture (Sce Funding LLC), Indenture (Sdg&e Funding LLC a De Limited Liability Co)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture TrusteeTrustee [or the Securities Insurer], (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 4 contracts

Sources: Indenture (Painewebber Mortgage Acceptance Corporation Iv), Indenture Agreement (Hsi Asset Securitization Corp), Indenture Agreement (Bcap LLC)

Undertaking for Costs. All The parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇Noteholder’s acceptance thereof shall of a Note will be deemed to have agreed, that any a court may in its discretion require, in any suit Proceeding for the enforcement of any right or remedy under this Indenture, or in any suit Proceeding against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit Proceeding of an undertaking to pay the costs of such suitProceeding, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Proceeding. This Section 5.13 shall 5.15 will not apply to (ia) any suit Proceeding instituted by the Indenture Trustee, (iib) any suit Proceeding instituted by any Noteholder or group of Noteholders, in each case Noteholders holding Notes evidencing in the aggregate more than 10% of the Note Balance of the Notes Outstanding (or, or in the case of a Proceeding for the enforcement of any suit which right or remedy under this Indenture that is instituted by the Controlling Class, holding more than 10% of the Note Balance of the Controlling Class) ), or (iiic) any suit Proceeding instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 4 contracts

Sources: Indenture (Ford Credit Auto Lease Trust 2012-A), Indenture (Ford Credit Auto Lease Trust 2012-A), Indenture (Ford Credit Auto Lease Trust 2011-B)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Security Balances of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 4 contracts

Sources: Indenture (Directors Asset Conduit Corp), Indenture (WaMu Asset Acceptance Corp.), Indenture (Equity One Abs Inc)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such H▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys’ fees and reasonable expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) Outstanding Amount or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 4 contracts

Sources: Indenture (Diversified Energy Co PLC), Indenture (Diversified Energy Co PLC), Indenture (Diversified Energy Co PLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture TrusteeTrustee or the Securities Insurer, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (Empire Funding Home Loan Owner Trust 1998 3), Indenture (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-2), Indenture (Fremont Mortgage Securities Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Balances of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 3 contracts

Sources: Indenture (Greenpoint Mortgage Funding Trust 2005-He1), Indenture (Nomura Home Equity Loan, Inc.), Indenture (Financial Asset Securities Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such Holder's acceptance thereof ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the aggregate Note Balance (or, in for which purpose the case of any suit which is instituted by the Controlling Class, more than 10% Class A-IO Notes will be deemed to have a Note Balance equal to their Notional Amount) of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 3 contracts

Sources: Indenture (Residential Funding Mortgage Securities Ii Inc), Indenture (Residential Funding Mortgage Securities Ii Inc), Indenture (Residential Funding Mortgage Securities Ii Inc)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Senior Noteholder by such ▇▇▇▇▇▇’s Senior Noteholder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Senior Noteholder or group of Senior Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) Outstanding Amount or (iii) any suit instituted by any Senior Noteholder for the enforcement of the payment of principal of or interest on any Senior Note on or after the respective related due dates expressed in such Senior Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (BMW Vehicle Lease Trust 2000-A), Indenture (Ryder Truck Rental I Lp), Indenture (Ryder Truck Rental I Lp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇Noteholder’s acceptance thereof shall of a Note will be deemed to have agreed, that any a court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this . This Section 5.13 shall 5.15 will not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case Noteholders holding Notes evidencing in the aggregate more than 10% of the Note Balance of the Notes Outstanding (or, or in the case of a suit for the enforcement of any suit which right or remedy under this Indenture that is instituted by the Controlling Class, holding more than 10% of the Note Balance of the Controlling Class) ), or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (Ford Credit Auto Lease Trust 2011-A), Indenture (Ford Credit Auto Lease Trust 2011-A), Indenture (CAB West LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Note Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Note Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (Ace Securities Corp Rv & Marine Trust 2001-Rv1), Indenture (Bond Securitization LLC), Indenture (Amsouth Auto Receivables LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by (i) the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement enforce­ment of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (WDS Receivables LLC), Indenture (Wachovia Auto Loan Owner Trust 2007-1), Indenture (Wachovia Auto Owner Trust 2008-A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as the Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Note Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Note Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (Capital One Auto Receivables Trust 2001-B), Indenture (Capital One Auto Finance Trust 2002-A), Indenture (Capital One Auto Receivables LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s 's fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to to: (ia) any suit instituted by the Indenture TrusteeTrustee or the Facility Administrator, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case Noteholder(s) holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (Bluegreen Corp), Indenture (Bluegreen Corp), Indenture (Bluegreen Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇Noteholder’s acceptance thereof shall of a Note will be deemed to have agreed, that any a court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this . This Section 5.13 shall 5.15 will not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance of the Notes Outstanding (or, or in the case of a suit for the enforcement of any suit which right or remedy under this Indenture that is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2006-C), Indenture (Ford Credit Auto Owner Trust 2006-B), Indenture (Ford Credit Auto Owner Trust 2006-A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered taken or omitted by it as Indenture Trustee, the filing by any party litigant in such suit suit, in the manner and to the extent provided in the Trust Indenture Act of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but neither the provisions of this Section 5.13 nor the Trust Indenture Act shall not apply be deemed to (i) authorize any court to require such an undertaking or to make such assessment in any suit instituted by the Indenture Trustee, (ii) to any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% in principal amount of the Note Balance (orthen Outstanding Notes, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of the principal of or interest on any Note on or after the respective due dates maturities expressed in such Note and in this Indenture (or, in the case of redemptionredemption or repayment, on or after the Redemption Dateapplicable redemption date or the Maturity Date (as the same may be extended as provided hereunder)).

Appears in 3 contracts

Sources: Indenture (Ambev S.A.), Indenture (InBev Corporate Holdings Inc.), Indenture (American Beverage Co Ambev)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s 's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s 's fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (Carmax Auto Funding LLC), Indenture (Pooled Auto Securities Shelf LLC), Indenture (Pooled Auto Securities Shelf LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such H▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by (i) the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 3 contracts

Sources: Indenture (Mercedes-Benz Auto Lease Trust 2012-A), Indenture (Mercedes-Benz Auto Lease Trust 2012-A), Indenture (Daimler Trust)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, suit and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (Outstanding Amount of the Class A-1 Notes and the Class A-2 Notes, or, if there are no Class A-1 Notes or Class A-2 Notes Outstanding, any Noteholder or group of Noteholders holding in the case of any suit which is instituted by the Controlling Class, more than aggregate 10% of the Note Balance Outstanding Amount of the Controlling Class) Class B Notes or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Harley-Davidson Motorcycle Trust 2005-3), Indenture (Harley-Davidson Motorcycle Trust 2005-4)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered taken or omitted by it as Indenture Trustee, the filing by any party part litigant in such suit suit, in the manner and to the extent provided in the Trust Indenture Act of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but neither the provisions of this Section 5.13 nor the Trust Indenture Act shall not apply be deemed to (i) authorize any court to require such an undertaking or to make such assessment in any suit instituted by the Indenture Trustee, (ii) to any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% in principal amount of the Note Balance (orthen Outstanding Notes, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of the principal of or interest on any Note on or after the respective due dates maturities expressed in such Note and in this Indenture (or, in the case of redemptionredemption or repayment, on or after the Redemption Dateapplicable redemption date or the Expected Maturity Date (as the same may be extended as provided hereunder)).

Appears in 2 contracts

Sources: Indenture (American Beverage Co Ambev), Indenture (American Beverage Co Ambev)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Notes of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (BMW Vehicle Owner Trust 2005-A), Indenture (BMW Vehicle Owner Trust 2004-A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇Holder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).. 35 (2017-B Indenture)

Appears in 2 contracts

Sources: Indenture (Hyundai Auto Receivables Trust 2017-B), Indenture (Hyundai Auto Receivables Trust 2017-B)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such H▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).. 36 (2023-C Indenture)

Appears in 2 contracts

Sources: Indenture (Hyundai Auto Receivables Trust 2023-C), Indenture (Hyundai Auto Receivables Trust 2023-C)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such H▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).. 36 (2023-A Indenture)

Appears in 2 contracts

Sources: Indenture (Hyundai Auto Receivables Trust 2023-A), Indenture (Hyundai Auto Receivables Trust 2023-A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇Ho▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys’ fees and reasonable expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) Securities or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (World Omni Select Auto Trust 2023-A), Indenture (World Omni Select Auto Trust 2023-A)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) to any suit instituted by [the Note Insurer,] any Noteholder Noteholder, or group of NoteholdersNoteholders [with the prior consent of the Note Insurer], in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, Notes representing more than 10% of the Note Balance of the Controlling Class) Outstanding Notes, or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest any Deficiency Amount on any Note on or after the respective due dates expressed in such related Payment Date or for the enforcement of the payment of principal of any Note and in this Indenture on or after the Stated Maturity Date (or, in the case of any Note called for redemption, on or after the applicable Redemption Date).

Appears in 2 contracts

Sources: Indenture (Southpoint Residential Mortgage Securities Corp), Indenture (National Mortgage Securities Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇Holder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).. 34 (2017-A Indenture)

Appears in 2 contracts

Sources: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Auto Receivables Trust 2017-A)

Undertaking for Costs. All parties to this Indenture --------------------- agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s 's fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, -------- however, that the provisions of this Section 5.13 shall not apply to (i) any ------- suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Pooled Auto Securities Shelf LLC), Indenture (Pooled Auto Securities Shelf LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such Holder's acceptance thereof ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the aggregate Note Balance of the Controlling ClassNotes (for which purpose the Class A-IO Notes will be deemed to have a Note Balance equal to their Notional Amount) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 2 contracts

Sources: Indenture (Residential Funding Mortgage Securities Ii Inc), Indenture (Residential Funding Mortgage Securities Ii Inc)

Undertaking for Costs. All parties to this Indenture agree, and each Holder holder of the Notes by such Noteholder's acceptance of any Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder holder of the Notes, or group of Noteholdersholders of the Notes, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling ClassNotes) or (iiic) any suit instituted by any Noteholder holder of the Notes for the enforcement of the payment of principal of or interest (including any unpaid Noteholders' Interest Index Carryover)) on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Keycorp Student Loan Trust 2000-A), Indenture (Keycorp Student Loan Trust 2000-B)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreedof its Note agrees, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee or Co-Trustee for any action taken, suffered suffered, or omitted by it as Indenture Trustee or Co-Trustee, any court may in its discretion require the filing by any party litigant in such the suit of an undertaking to pay the costs of such the suit, and that such the court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such the suit, having due regard to the merits and good faith of the claims or defenses made by such the party litigant; provided, however, that the . The provisions of this Section 5.13 shall not apply to to (i) any suit instituted by the Indenture Trustee or the Co-Trustee, , (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 1025% of the Note Balance (aggregate Outstanding Amount of all Classes, or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of any Principal Amount Note or interest on any Interest Bearing Note on or after the respective due dates expressed in such the Note and in this Indenture (or, in the case of redemption, on or after the Redemption Dateredemption date).

Appears in 2 contracts

Sources: Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2006-A), Indenture (CWHEQ, Inc.)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such H▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (CarMax Auto Owner Trust 2015-2), Indenture (Carmax Auto Owner Trust 2005-1)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys' fees and expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by the Insurer, any Noteholder Noteholder, or group of NoteholdersNoteholders with the prior written consent of the Insurer (so long as no Insurer Default has occurred), in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Sequoia HELOC Trust 2004-1), Indenture (Greenpoint Mortgage Securities Inc/)

Undertaking for Costs. All parties to this Indenture agree, and each Holder Noteholder of any a Note by such ▇▇▇▇▇▇Noteholder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys’ fees and reasonable expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) Outstanding Amount or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Diversified Energy Co PLC), Indenture (Diversified Energy Co PLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇Noteholder’s acceptance thereof shall of a Note will be deemed to have agreed, that any a court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this . This Section 5.13 shall 7.15 will not apply to (ia) any suit instituted by the Indenture TrusteeTrustee (at the written direction of holders of at least 66.67% of the Note Balance of the Controlling Class), (iib) any suit instituted by any Noteholder or group of Noteholders, in each case Noteholders holding Notes evidencing in the aggregate more than 10% of the Note Balance (orBalance, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Datedate that the Notes are redeemed pursuant to Section 3.13).

Appears in 2 contracts

Sources: Indenture (Commercial Credit, Inc.), Indenture (Commercial Credit, Inc.)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s 's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, PROVIDED that the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Caterpillar Financial Funding Corp), Indenture (Caterpillar Financial Funding Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s 's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s 's fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Pooled Auto Securities Shelf LLC), Indenture (Carmax Auto Funding LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇Holder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture TrusteeTrustee [or the Securities Insurer], (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Bcap LLC), Mortgage Loan Trust Indenture (Hsi Asset Securitization Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s 's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Balances of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 2 contracts

Sources: Indenture (PHH Mortgage Capital LLC), Indenture (Nomura Home Equity Loan, Inc.)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s 's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as the Indenture Trustee, the filing by any party litigant in such suit Proceeding of an undertaking to pay the costs of such suitProceeding, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suitProceeding, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes, or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Chase Manhattan Bank Usa), Indenture (Chase Manhattan Bank Usa)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (CarMax Auto Owner Trust 2012-2), Indenture (CarMax Auto Owner Trust 2012-1)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such H▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by (i) the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement enforce-ment of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 2 contracts

Sources: Indenture (Mercedes-Benz Auto Receivables Trust 2016-1), Indenture (Mercedes-Benz Auto Receivables Trust 2016-1)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Secured Note by such ▇▇▇▇▇▇’s his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 5.15 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) to any suit instituted by the Note Purchaser or any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate Secured Notes representing more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Principal Balance of the Controlling Class) Outstanding Secured Notes, or (iii) to any suit instituted by the Note Purchaser or any Noteholder for the enforcement of the payment of principal of any Interest Payment Amount or interest Principal Payment Amount on any Secured Note on or after the respective due dates expressed in such related Payment Date or for the enforcement of the payment of principal of any Secured Note and in this Indenture on or after the Final Stated Maturity Date (or, in the case of any Secured Note called for redemption, on or after the applicable Redemption Date).

Appears in 2 contracts

Sources: Indenture (American Business Financial Services Inc /De/), Indenture (American Business Financial Services Inc /De/)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇Holder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance Outstanding Amount of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).. 34 (2016-B Indenture)

Appears in 2 contracts

Sources: Indenture (Hyundai Auto Receivables Trust 2016-B), Indenture (Hyundai Abs Funding LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder Noteholder of any a Note by such ▇▇▇▇▇▇Noteholder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys’ fees and reasonable expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Outstanding Principal Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 1 contract

Sources: Indenture (Diversified Energy Co PLC)

Undertaking for Costs. All parties to this Indenture agree, and each ICI Holder of any ICI Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the ICI Indenture Trustee for any action taken, suffered or omitted by it as ICI Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by an ICI Holder of Warehouse Notes, any suit instituted by the ICI Indenture Trustee, (ii) to any suit instituted by any Noteholder ICI Control Party, any ICI Holder, or group of NoteholdersICI Holders, in each case holding Notes evidencing in the aggregate more than 10% of the ICI Aggregate Note Balance (orPrincipal Balance, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) to any suit instituted by any Noteholder ICI Holder for the enforcement of the payment of the principal of or interest on any ICI Note on or after the respective due dates expressed in ICI Legal Maturity Date of such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)ICI Note.

Appears in 1 contract

Sources: Ici Indenture (Seacastle Inc.)

Undertaking for Costs. All The parties to this Indenture hereto agree, and each Holder of any Note Noteholder, by such ▇▇▇▇▇▇Noteholder’s acceptance thereof of a Note, shall be deemed to have agreed, that any court may in its discretion require, in any suit Proceeding for the enforcement of any right or remedy under this Indenture, or in any suit Proceeding against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit Proceeding of an undertaking to pay the costs of such suitProceeding, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suitProceeding, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to any Proceeding instituted by (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing representing in the aggregate more than 10% of the aggregate Note Balance (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling ClassSenior Notes, or the Subordinate Notes, more than 10% of the Note Balance of the Controlling ClassSenior Notes or the Subordinate Notes, as the case may be) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates date expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 1 contract

Sources: Indenture (Bear Stearns Asset Backed Securities Inc)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s 's fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 1 contract

Sources: Indenture (Carmax Auto Receivables LLC)

Undertaking for Costs. All (a) Subject to paragraph (b), all parties to this Indenture deed agree, and each Holder of any Note Class A Noteholder by such ▇▇▇▇▇▇’s Class A Noteholder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenturedeed, or in any suit against the Indenture Note Trustee for any action taken, suffered or omitted by it as Indenture the Note Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses defences made by such party litigant; provided, however, that the . (b) The provisions of this Section 5.13 clause shall not apply to to: (i) any suit instituted by the Indenture Note Trustee, ; (ii) any suit instituted by any Noteholder Class A Noteholder, or group of Noteholders, Class A Noteholders in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Total Principal Amount of the Note Balance of the Controlling Class) or Class A Notes; or (iii) any suit instituted by any Class A Noteholder for the enforcement of the payment of principal of or interest on any Class A Note on or after the respective due dates expressed in such Class A Note and in this Indenture deed (or, in the case of redemptionfinal redemption of a Class A Note, on or after the Redemption Maturity Date).

Appears in 1 contract

Sources: Note Trust Deed (Interstar Securitisation Management Pty LTD)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Secured Note by such ▇▇▇▇▇▇’s his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 5.15 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) to any suit instituted by the Note Purchaser or any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate Secured Notes representing more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Principal Balance of the Controlling Class) Outstanding Notes, or (iii) to any suit instituted by the Note Purchaser or any Noteholder for the enforcement of the payment of principal of any Interest Payment Amount or interest Principal Payment Amount on any Secured Note on or after the respective due dates expressed in such related Payment Date or for the enforcement of the payment of principal of any Secured Note and in this Indenture on or after the Final Stated Maturity Date (or, in the case of any Secured Note called for redemption, on or after the applicable Redemption Date).

Appears in 1 contract

Sources: Indenture (American Business Financial Services Inc /De/)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreedof its Note agrees, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee or Co-Trustee for any action taken, suffered suffered, or omitted by it as Indenture Trustee or Co-Trustee, any court may in its discretion require the filing by any party litigant in such the suit of an undertaking to pay the costs of such the suit, and that such the court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such the suit, having due regard to the merits and good faith of the claims or defenses made by such the party litigant; provided, however, that the . The provisions of this Section 5.13 shall not apply to to (i) any suit instituted by the Indenture Trustee, the Co-Trustee, or the Credit Enhancer, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 1025% of the Note Balance (aggregate Outstanding Amount of both Classes, or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such the Note and in this Indenture (or, in the case of redemption, on or after the Redemption Dateredemption date).

Appears in 1 contract

Sources: Indenture (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-F)

Undertaking for Costs. All parties to this Indenture agree, and each Holder Noteholder by its acceptance of a Note or any Note by such ▇▇▇▇▇▇’s acceptance thereof interest therein, shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s feesattorneys’ fees and expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Issuer, or to any suit instituted by the Indenture Trustee, (ii) or to any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10at least 25% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Aggregate Note Balance of the Controlling Class) Outstanding Notes or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of the principal of or interest on any Note on or after the respective due dates expressed in Maturity of such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Note.

Appears in 1 contract

Sources: Indenture (Impac Mortgage Holdings Inc)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s Noteholder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit Proceeding for the enforcement of any right or remedy under this Indenture, or in any suit Proceeding against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit Proceeding of an undertaking to pay the costs of such suitProceeding, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suitProceeding, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 6.11 shall not apply to to: (ia) any suit Proceeding instituted by the Indenture Trustee, ; (iib) any suit Proceeding instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) or Notes; or (iiic) any suit Proceeding instituted by any Noteholder for the enforcement of the payment of principal or premium, if any, of or interest on any Note on or after the respective due dates date expressed in such Note and or in this Indenture (or, in the case of redemption, on or after the Redemption Dateredemption date).

Appears in 1 contract

Sources: Indenture (Crystal Oil Co)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as the Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Note Class, 103 113 more than 10% of the Note Balance Outstanding Amount of the Controlling Note Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 1 contract

Sources: Indenture (Capital One Auto Receivables LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder Noteholder by such Noteholder's acceptance of any Note by such ▇▇▇▇▇▇’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture TrusteeTrustee or the Subordinate Note Insurer, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest (including any Noteholders' Interest Basis Carryover) on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 1 contract

Sources: Indenture (Usa Group Secondary Market Services Inc)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered taken or omitted by it as Indenture Trustee, the filing by any party litigant in such suit in the manner and to the extent provided in the Trust Indenture Act of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but neither the provisions of this Section 5.13 nor the Trust Indenture Act shall not apply be deemed to (i) authorize any court to require such an undertaking or to make such assessment in any suit instituted by the Indenture Trustee, (ii) in any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% in principal amount of the Note Balance (orthen Outstanding Notes, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of the principal of or interest on any Note on or after the respective due dates maturities expressed in such Note and in this Indenture (or, in the case of redemptionredemption or repayment, on or after the Optional Redemption Date or the Expected Maturity Date, as the same may be extended as provided hereunder).

Appears in 1 contract

Sources: Indenture (Petrobras International Finance Co)

Undertaking for Costs. All parties to this Indenture agree, --------------------- and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant (other than the Indenture Trustee) in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 5.14 shall not apply to (i) any suit instituted by the Indenture ------------ Trustee, (ii) to any suit instituted by any Noteholder Noteholder, or group of NoteholdersNoteholders (in compliance with Section 5.8), in each case holding Notes evidencing in the aggregate representing more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% ----------- Outstanding Amount of the Note Balance of the Controlling Class) affected Series, or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of the principal of or interest on in respect of any Note on or after the respective Distribution Date on which any of such amounts was due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the applicable Redemption Date).

Appears in 1 contract

Sources: Master Indenture (Spiegel Master Trust)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s Noteholder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as the Indenture Trustee, the filing by any party litigant in such suit Proceeding of an undertaking to pay the costs of such suitProceeding, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suitProceeding, having due regard to the merits and good faith of the claims or defenses made by such party litigant; providedPROVIDED, howeverHOWEVER, that the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case Series Outstanding Amount of any suit which is instituted by the Controlling ClassSeries of Notes, more than 10% of the Note Balance of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 1 contract

Sources: Master Indenture (PHH Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 5.15 shall not apply to (i) any suit instituted by the Indenture TrusteeTrustee or the Note Insurer, (ii) to any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate Notes representing more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Principal Balance of the Controlling Class) Outstanding Notes of all of the Classes, or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of principal of any Interest Payment Amount or interest Base Principal Payment Amount on any Note on or after the respective due dates expressed in such related Payment Date or for the enforcement of the payment of principal of any Note and in this Indenture on or after the Final Stated Maturity Date (or, in the case of any Note called for redemption, on or after the applicable Redemption Date).

Appears in 1 contract

Sources: Indenture (Accredited Home Lenders Inc)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Principal Balances of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 1 contract

Sources: Indenture (Superior Bank FSB)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any a Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, in the case of any suit a right or remedy under this 37 Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 1 contract

Sources: Indenture (SSB Vehicle Securities Inc SSB Auto Loan Trust 2002-1)

Undertaking for Costs. All parties to this Indenture --------------------- agree, and each Holder of any Note by such ▇▇▇▇▇▇’s Holder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 1 contract

Sources: Indenture (Pooled Auto Securities Shelf LLC)

Undertaking for Costs. All parties to this Indenture agree, --------------------- and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant (other than the Indenture Trustee) in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 5.14 shall not apply to (i) any suit instituted by the Indenture ------------ Trustee, (ii) to any suit instituted by any Noteholder Noteholder, or group of NoteholdersNoteholders (in compliance with Section 5.8), in each case holding Notes evidencing in the aggregate representing more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% ----------- principal balance of the Note Balance Outstanding Notes of the Controlling Class) affected Series, or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of the principal of or interest on in respect of any Note on or after the respective Distribution Date on which any of such amounts was due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the applicable Redemption Date).

Appears in 1 contract

Sources: Master Indenture (Spiegel Inc)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such ▇▇▇▇▇▇’s his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 5.15 shall not apply to (i) any suit instituted by the Indenture Trustee, (ii) to any suit instituted by the Initial Purchaser or any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate Notes representing more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Principal Balance of the Controlling Class) Outstanding Notes, or (iii) to any suit instituted by the Initial Purchaser or any Noteholder for the enforcement of the payment of principal of any Interest Payment Amount or interest Class A Principal Payment Amount on any Note on or after the respective due dates expressed in such related Payment Date or for the enforcement of the payment of principal of any Note and in this Indenture on or after the Final Stated Maturity Date (or, in the case of any Note called for redemption, on or after the applicable Redemption Date).

Appears in 1 contract

Sources: Indenture (American Business Financial Services Inc /De/)

Undertaking for Costs. All parties to this Indenture --------------------- agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered taken or omitted by it as Indenture Trustee, the filing by any party litigant in such suit in the manner and to the extent provided in the Trust Indenture Act of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but neither the provisions of this Section 5.13 nor the Trust Indenture Act shall not apply be deemed to (i) authorize any court to require such an undertaking or to make such assessment in any suit instituted by the Indenture Trustee, (ii) in any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% in principal amount of the Note Balance (orthen Outstanding Notes, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of the principal of or interest on any Note on or after the respective due dates maturities expressed in such Note and in this Indenture (or, in the case of redemptionredemption or repayment, on or after the Optional Redemption Date or the Expected Maturity Date, as the same may be extended as provided hereunder).

Appears in 1 contract

Sources: Indenture (Petrobras International Finance Co)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s Noteholder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance Outstanding Amount of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemptiona prepayment, on or after the Redemption Prepayment Date).

Appears in 1 contract

Sources: Indenture (GS Auto Loan Trust 2006-1)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s 's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as the Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Aggregate Outstanding Principal Balance of the Notes (or, or in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Note Class, more than 10% of the Note Aggregate Outstanding Principal Balance of the Controlling Note Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 1 contract

Sources: Indenture (Capital One Auto Receivables LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note by such H▇▇▇▇▇▇’s 's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Security Balances of the Note Balance of the Controlling Class) Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 1 contract

Sources: Indenture (Opteum Mortgage Acceptance CORP)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Class A Note by such ▇▇▇▇▇▇Holder’s acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case of any suit which is instituted by the Controlling Class, more than 10% Outstanding Amount of the Note Balance of the Controlling Class) Class A Notes or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Class A Note on or after the respective due dates expressed in such Class A Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date).

Appears in 1 contract

Sources: Indenture (Fund America Investors Corp Ii)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s Noteholder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as Indenture Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance principal amount of the Notes Outstanding [(or, in the case of any suit a right or remedy under this Indenture which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) Class Outstanding] or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 1 contract

Sources: Indenture (Usaa Acceptance LLC)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s Noteholder's acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered or omitted by it as the Indenture Trustee, the filing by any party litigant in such suit Proceeding of an undertaking to pay the costs of such suitProceeding, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys' fees, against any party litigant in such suitProceeding, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that the provisions of this Section 5.13 shall not apply to (ia) any suit instituted by the Indenture Trustee, (iib) any suit instituted by any Noteholder or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% of the Note Balance (or, in the case Series Outstanding Amount of any suit which is instituted by the Controlling ClassSeries of Notes, more than 10% of the Note Balance of the Controlling Class) or (iiic) any suit instituted by any Noteholder for the enforcement of the payment of principal of or interest on any Note on or after the respective due dates expressed in such Note and in this Indenture (or, in the case of redemption, on or after the Redemption Date)Indenture.

Appears in 1 contract

Sources: Master Indenture (PHH Corp)

Undertaking for Costs. All parties to this Indenture agree, and each Holder of any Note Noteholder by such ▇▇▇▇▇▇’s its acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Indenture Trustee for any action taken, suffered taken or omitted by it as Indenture Trustee, the filing by any party part litigant in such suit suit, in the manner and to the extent provided in the Trust Indenture Act of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided, however, that but neither the provisions of this Section 5.13 nor the Trust Indenture Act shall not apply be deemed to (i) authorize any court to require such an undertaking or to make such assessment in any suit instituted by the Indenture Trustee, (ii) to any suit instituted by any Noteholder Noteholder, or group of Noteholders, in each case holding Notes evidencing in the aggregate more than 10% in principal amount of the Note Balance (orthen Outstanding Notes, in the case of any suit which is instituted by the Controlling Class, more than 10% of the Note Balance of the Controlling Class) or (iii) to any suit instituted by any Noteholder for the enforcement of the payment of the principal of or interest on any Note on or after the respective due dates maturities expressed in such Note and in this Indenture (or, in the case of redemptionredemption or repayment, on or after the Redemption applicable redemption date or the Maturity Date).

Appears in 1 contract

Sources: Indenture (CSN Islands IX Corp.)