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<br />-46- <br />Trustee and the Owners shall be restored to their former positions, rights and remedies as if such <br />suit, action or proceeding had not been brought or taken. <br /> <br />Section 8.06. Actions by Trustee as Attorney-in-Fact. Any suit, action or proceeding which <br />any Owner shall have the right to bring to enforce any right or remedy hereunder may be brought <br />by the Trustee for the equal benefit and protection of all Owners similarly situated and the Trustee <br />is hereby appointed (and the successive respective Owners by taking and holding the Bonds shall <br />be conclusively deemed so to have appointed it) the true and lawful attorney-in-fact of the <br />respective Owners for the purpose of bringing any such suit, action or proceeding and to do and <br />perform any and all acts and things for and on behalf of the respective Owners as a class or <br />classes, as may be necessary or advisable in the opinion of the Trustee as such attorney-in-fact, <br />provided, however, the Trustee shall have no duty or obligation to exercise any such right or <br />remedy unless it has been indemnified to its satisfaction from any loss, liability or expense <br />(including fees and expenses of its outside counsel and the allocated costs and disbursements of <br />its in-house counsel to the extent such services are not redundant with those provided by outside <br />counsel). <br /> <br />Section 8.07. Remedies Not Exclusive. No remedy herein conferred upon or reserved to <br />the Owners is intended to be exclusive of any other remedy. Every such remedy shall be <br />cumulative and shall be in addition to every other remedy given hereunder or now or hereafter <br />existing, at law or in equity or by statute or otherwise, and may be exercised without exhausting <br />and without regard to any other remedy conferred by the Law or any other law. <br /> <br /> <br /> <br />472