Common use of Action by Securityholders Clause in Contracts

Action by Securityholders. Whenever in this Indenture it is provided that the Holders of a specified percentage in aggregate principal amount of the Securities may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action the Holders of such specified percentage have joined therein may be evidenced (a) by any instrument or any number of instruments of similar tenor executed by Securityholders in person or by agent or proxy appointed in writing, or (b) by the record of the Holders of Securities voting in favor thereof at any meeting of Securityholders duly called and held in accordance with the provisions of Article Ten, or (c) by a combination of such instrument or instruments and any such record of such a meeting of Securityholders.

Appears in 2 contracts

Samples: Acclaim Entertainment Inc, Trans Lux Corp

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Action by Securityholders. Whenever in this Indenture it is provided that the Holders holders of a specified percentage in aggregate principal amount of the Securities may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), ) the fact that at the time of taking any such action the Holders holders of such specified percentage have joined therein may be evidenced (a) by any instrument or any number of instruments of similar tenor executed by such Securityholders in person or by agent or proxy appointed in writing, or (b) by the record of the Holders such holders of Securities voting in favor thereof at any meeting of such Securityholders duly called and held in accordance with the provisions of Article Ten, or (c) by a combination of such instrument or instruments and any such record of such a meeting of Securityholders.Article

Appears in 1 contract

Samples: Bankboston Capital Trust Iii

Action by Securityholders. Whenever in this Indenture it is provided that the Holders holders of a specified percentage in aggregate principal amount of the Securities at the time outstanding may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), ) the fact that at the time of taking any such action the Holders holders of such specified percentage have joined therein may be evidenced (a) by any instrument or any number of instruments of similar tenor executed by such Securityholders in person or by agent or proxy appointed in writing, or (b) by the record of the Holders such holders of Securities voting in favor thereof at any meeting of Securityholders duly called and held in accordance with the provisions of Article Ten, or (c) by a combination of such instrument or instruments and any such record of such a meeting of Securityholders.favor

Appears in 1 contract

Samples: Trenwick Group Inc

Action by Securityholders. Whenever in this Indenture it is provided that the Holders holders of a specified percentage in aggregate principal amount of the Securities of any or all series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), ) the fact that at the time of taking any such action the Holders holders of such specified percentage have joined therein may be evidenced (a) by any instrument or any number of instruments of similar tenor executed by such Securityholders in person or by agent or proxy appointed in writing, or (b) by the record of the Holders such holders of Securities voting in favor thereof at any meeting of such Securityholders duly called and held in accordance with the provisions of Article Ten, or (c) by a combination of such instrument or instruments and any such record of such a meeting of such Securityholders.

Appears in 1 contract

Samples: Masco Corp /De/

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Action by Securityholders. Whenever in this Indenture it is provided that the Holders holders of a specified percentage in aggregate principal amount of the Securities may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action the Holders holders of such specified percentage have joined therein may be evidenced (a) by any instrument or any number of instruments of similar tenor executed by Securityholders in person or by agent or proxy appointed in writing, or (b) by the record of the Holders holders of Securities voting in favor thereof at any meeting of Securityholders duly called and held in accordance with the provisions of Article TenEleven, or (c) by a combination of such instrument or instruments and any such record of such a meeting of Securityholders.

Appears in 1 contract

Samples: Indenture (Icn Pharmaceuticals Inc)

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