OF THE FINANCE DOCUMENTS BUT SHALL REMAIN ENTITLED TO THE BENEFIT OF
CLAUSES 29 (ROLE OF THE FACILITY AGENT, THE ARRANGER, THE ISSUING BANK AND
OTHERS) AND THIS CLAUSE 30.
ITS SUCCESSOR AND EACH OF THE OTHER PARTIES SHALL
HAVE THE SAME RIGHTS AND OBLIGATIONS AMONGST THEMSELVES AS THEY WOULD HAVE HAD
IF SUCH SUCCESSOR HAD BEEN AN ORIGINAL PARTY.
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(G)
THE MAJORITY LENDERS MAY, BY NOTICE TO
THE SECURITY TRUSTEE, REQUIRE IT TO RESIGN IN ACCORDANCE WITH PARAGRAPH (B)
ABOVE.
IN THIS EVENT, THE SECURITY TRUSTEE SHALL RESIGN IN ACCORDANCE WITH
PARAGRAPH (B) ABOVE.
30.24
DELEGATION
(A)
THE SECURITY TRUSTEE MAY, AT ANY TIME,
DELEGATE BY POWER OF ATTORNEY OR OTHERWISE TO ANY PERSON FOR ANY PERIOD, ALL OR
ANY OF THE RIGHTS, POWERS AND DISCRETIONS VESTED IN IT BY ANY OF THE FINANCE
DOCUMENTS.
(B)
THE DELEGATION MAY BE MADE UPON ANY
TERMS AND CONDITIONS (INCLUDING THE POWER TO SUB-DELEGATE) AND SUBJECT TO ANY
RESTRICTIONS AS THE SECURITY TRUSTEE MAY THINK FIT IN THE INTERESTS OF THE
SECURED PARTIES AND IT SHALL NOT BE BOUND TO SUPERVISE, OR BE IN ANY WAY
RESPONSIBLE FOR ANY LOSS INCURRED BY REASON OF ANY MISCONDUCT OR DEFAULT ON THE
PART OF ANY DELEGATE OR SUB-DELEGATE.
30.25
ADDITIONAL SECURITIES
(A)
THE SECURITY TRUSTEE MAY AT ANY TIME
APPOINT (AND SUBSEQUENTLY REMOVE) ANY PERSON TO ACT AS A SEPARATE SECURITY OR AS
A CO-SECURITY JOINTLY WITH IT (I) IF IT CONSIDERS THAT APPOINTMENT TO BE IN THE
INTERESTS OF THE SECURED PARTIES OR (II) FOR THE PURPOSES OF CONFORMING TO ANY
LEGAL REQUIREMENTS, RESTRICTIONS OR CONDITIONS WHICH THE SECURITY TRUSTEE DEEMS
TO BE RELEVANT OR (III) FOR OBTAINING OR ENFORCING ANY JUDGMENT IN ANY
JURISDICTION, AND THE SECURITY TRUSTEE SHALL GIVE PRIOR NOTICE TO THE BORROWER
AND THE FACILITY AGENT OF THAT APPOINTMENT.
(B)
ANY PERSON SO APPOINTED SHALL HAVE THE
RIGHTS, POWERS AND DISCRETIONS (NOT EXCEEDING THOSE CONFERRED ON THE SECURITY
TRUSTEE BY THIS AGREEMENT) AND THE DUTIES AND OBLIGATIONS THAT ARE CONFERRED OR
IMPOSED BY THE INSTRUMENT OF APPOINTMENT.
(C)
THE REMUNERATION THAT THE SECURITY
TRUSTEE MAY PAY TO ANY PERSON, AND ANY COSTS AND EXPENSES INCURRED BY THAT
PERSON IN PERFORMING ITS FUNCTIONS PURSUANT TO THAT APPOINTMENT SHALL, FOR THE
PURPOSES OF THIS AGREEMENT, BE TREATED AS COSTS AND EXPENSES INCURRED BY THE
SECURITY TRUSTEE.
30.26
GERMAN TRANSACTION SECURITY
In relation to the German Transaction Security Documents the following
additional provisions shall apply:
(A)
THE SECURITY TRUSTEE SHALL:
(I)
HOLD AND ADMINISTER ANY GERMAN TRANSACTION SECURITY
WHICH IS SECURITY ASSIGNED (SICHERUNGSEIGENTUM/SICHERUNGSABTRETUNG) OR OTHERWISE
TRANSFERRED UNDER A NON-ACCESSORY SECURITY RIGHT (NICHT AKZESSORISCHE
SICHERHEIT) TO IT AS TRUSTEE (TREUHÄNDER) FOR THE BENEFIT OF THE FINANCE
PARTIES; AND
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(II)
ADMINISTER ANY GERMAN TRANSACTION SECURITY WHICH IS
PLEDGED (VERPFÄNDUNG) OR OTHERWISE TRANSFERRED TO ANY FINANCE PARTY UNDER AN
ACCESSORY SECURITY RIGHT (AKZESSORISCHE SICHERHEIT) AS AGENT.
(B)
EACH OF THE FINANCE PARTIES HEREBY
AUTHORISES THE SECURITY TRUSTEE (WHETHER OR NOT BY OR THROUGH EMPLOYEES OR
AGENTS):
(I)
TO EXERCISE SUCH RIGHTS,