Common use of Acts of Debentureholders Clause in Contracts

Acts of Debentureholders. (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by Debentureholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Debentureholders in person or by agent duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are actually received by the Trustee, and, where it is hereby expressly required, by the Company. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the "Act" of the Debentureholders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Section 701) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section.

Appears in 2 contracts

Samples: Indenture (First Shares Bancorp Inc), Indenture (First Shares Bancorp Inc)

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Acts of Debentureholders. (a1) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by Debentureholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Debentureholders in person or by an agent duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are actually received by delivered to the Trustee, Trustee and, where it is hereby expressly required, by to the Company. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the "Act" of the Debentureholders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Section 701601) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section.

Appears in 1 contract

Samples: Indenture (Taylor Investment Corp /Mn/)

Acts of Debentureholders. (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by Debentureholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Debentureholders in person or by agent duly appointed in writingauthorized agent; and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are actually received by delivered to the Trustee, and, where it is hereby expressly required, by to the Company. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the "Act" Act of the Debentureholders signing such instrument or instruments. Proof of execution of any such instrument or appointment of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Section 7016.1) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section.

Appears in 1 contract

Samples: Nibco Inc

Acts of Debentureholders. (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by Debentureholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Debentureholders in person or by agent duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are actually received by delivered to the Trustee, and, where it is hereby expressly required, by to the Company. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the "Act" of the Debentureholders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Section 7016.1) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section.

Appears in 1 contract

Samples: Indenture (Lundgren Bros Construction Inc)

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Acts of Debentureholders. (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by Debentureholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Debentureholders in person or by agent duly appointed in writing; and, except as herein -herein otherwise expressly provided, ,' such action shall become effective when such instrument or instruments are actually received by delivered to the Trustee, and, where it is hereby expressly required, by to the Company. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the "Act" of the Debentureholders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Section 7016-1) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section.

Appears in 1 contract

Samples: Trust Indenture Agreement (SFG Mortgage & Investment Co Inc)

Acts of Debentureholders. (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by Debentureholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Debentureholders in person or by agent duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are actually received by delivered to the Trustee, and, where it is hereby expressly required, by to the Company. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the "Act" of the Debentureholders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Section 701SECTION 6.01) conclusive in favor of the Trustee and the Company, if made in the manner provided in this SectionSECTION.

Appears in 1 contract

Samples: Banctec Inc

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