📄 Extracted Text (512 words)
the Trustee in connection with such Sale notwithstanding the provisions of Section 6.7 hereof.
The Notes need not be produced in order to complete any such Sale, or in order for the net
proceeds of such Sale to be credited against amounts owing on the Notes. The Trustee may hold,
lease, operate, manage or otherwise deal with any property so acquired in any manner permitted
by law in accordance with this Indenture.
(c) If any portion of the Collateral consists of securities issued without
registration under the Securities Act ("Unregistered Securities") the Trustee may seek an
Opinion of Counsel, or, if no such Opinion of Counsel can be obtained, seek a no action position
from the Securities and Exchange Commission or any other relevant federal or state regulatory
authorities, regarding the legality of a public or private Sale of such Unregistered Securities.
(d) The Trustee shall execute and deliver an appropriate instrument of
conveyance transferring its interest in any portion of the Collateral in connection with a Sale
thereof. In addition, the Trustee is hereby irrevocably appointed the agent and attorney in fact of
the Issuer to transfer and convey its interest in any portion of the Collateral in connection with a
Sale thereof, and to take all action necessary to effect such Sale. No purchaser or transferee at
such a sale shall be bound to ascertain the Trustee's authority, to inquire into the satisfaction of
any conditions precedent or see to the application of any Cash.
Section 5.18 Action on the Notes.
The Trustee's right to seek and recover judgment on the Notes or under this
Indenture shall not be affected by the seeking or obtaining of or application for any other relief
under or with respect to this Indenture. Neither the lien of this Indenture nor any rights or
remedies of the Trustee or the Noteholders shall be impaired by the recovery of any judgment by
the Trustee against the Issuer or by the levy of any execution under such judgment upon any
portion of the Collateral or upon any of the assets of the Issuer or the Co-Issuer.
ARTICLE 6
THE TRUSTEE
Section 6.1 Certain Duties and Responsibilities.
(a) Except during the continuance of an Event of Default:
(i) the Trustee undertakes to perform such duties and only such duties
as are specifically set forth in this Indenture, and no implied covenants or
obligations shall be read into this Indenture against the Trustee; and
(ii) in the absence of bad faith on its part, the Trustee may
conclusively rely, as to the truth of the statements and the correctness of the
opinions expressed therein, upon certificates or opinions furnished to the Trustee
and conforming to the requirements of this Indenture; provided, however, that in
the case of any such certificates or opinions which by any provision hereof are
specifically required to be furnished to the Trustee, the Trustee shall be under a
duty to examine the same to determine whether or not they substantially conform
105
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0072540
CONFIDENTIAL SDNY_GM_00218724
EFTA01376420
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