Common use of Authorization by Debentureholders Clause in Contracts

Authorization by Debentureholders. Each holder of a Debenture by his acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 and appoints the Trustee his attorney- in-fact for any and all such purposes.

Appears in 6 contracts

Samples: Junior Subordinated Indenture (Litchfield Financial Corp /Ma), Junior Subordinated Indenture (Hi Trust Ii), Junior Subordinated Indenture (Litchfield Capital Trust Ii)

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Authorization by Debentureholders. Each holder of a Debenture by his acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 and appoints the Trustee his attorney- attorney-in-fact for any and all such purposes.

Appears in 4 contracts

Samples: Junior Subordinated Indenture (Aes Trust Ii), Junior Subordinated Indenture (Owens & Minor Trust I), Junior Subordinated Indenture (Aes Corporation)

Authorization by Debentureholders. Each holder of a Debenture by his acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 and appoints the Trustee his attorney- attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Junior Subordinated Indenture (Pogo Producing Co), Junior Subordinated Indenture (Pogo Trust Ii), Junior Subordinated Indenture (Pogo Trust Ii)

Authorization by Debentureholders. Each holder of a Debenture by his acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 IV and appoints the Trustee his attorney- attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Omnicom Group Inc), Indenture (Omnicom Group Inc)

Authorization by Debentureholders. Each holder of a Debenture by his acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 Four and appoints the Trustee his attorney- attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Silicon Graphics Inc /Ca/), Indenture (SCS Transportation Inc)

Authorization by Debentureholders. Each holder of a Debenture by his his, her or its acceptance thereof authorizes and directs the Trustee in his on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 and appoints the Trustee his attorney- in-fact for any and all such purposes.take

Appears in 1 contract

Samples: Indenture (Xcyte Therapies Inc)

Authorization by Debentureholders. Each holder of a --------------------------------- Debenture by his acceptance thereof authorizes and directs the Trustee in on his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 IV and appoints the Trustee his attorney- attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Sequus Pharmaceuticals Inc)

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Authorization by Debentureholders. Each holder Holder of a Debenture by his acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 VI and appoints the Trustee his attorney- attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Fifth Supplemental Indenture (Kerr McGee Corp)

Authorization by Debentureholders. Each holder of a Debenture by his acceptance thereof authorizes and directs the Trustee in on his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 IV and appoints the Trustee his attorney- attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Alkermes Inc)

Authorization by Debentureholders. Each holder of a Debenture by his his, her or its acceptance thereof authorizes and directs the Trustee in his on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 14 IV and appoints the Trustee his attorney- his, her or its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Xcyte Therapies Inc)

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