Common use of Authorization of Securityholders to Trustee to Effect Subordination Clause in Contracts

Authorization of Securityholders to Trustee to Effect Subordination. Subject to Section 15.01, each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article XV and appoints the Trustee his attorney-in-fact for any and all such purposes.

Appears in 50 contracts

Samples: Indenture (Healthpeak OP, LLC), Indenture (Healthpeak OP, LLC), Indenture (FREYR Battery, Inc. /DE/)

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Authorization of Securityholders to Trustee to Effect Subordination. Subject to Section 15.0115.1, each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article XV and appoints the Trustee his attorney-in-fact for any and all such purposes.

Appears in 9 contracts

Samples: Indenture (Coors Brewing Co), Indenture (Molson Coors Beverage Co), Indenture (Coors International Holdco 2, ULC)

Authorization of Securityholders to Trustee to Effect Subordination. Subject to Section 15.01, each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article XV and appoints the Trustee his attorney-in-fact for any and all such purposesXV.

Appears in 7 contracts

Samples: Indenture (WiMi Hologram Cloud Inc.), Indenture (MicroCloud Hologram Inc.), Indenture (Fanhua Inc.)

Authorization of Securityholders to Trustee to Effect Subordination. Subject to Section 15.0114.01, each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article XV XIV and appoints the Trustee his attorney-in-fact for any and all such purposes.

Appears in 4 contracts

Samples: Indenture (Shake Shack Inc.), Indenture (Shake Shack Inc.), Indenture (Shake Shack Inc.)

Authorization of Securityholders to Trustee to Effect Subordination. Subject Except as otherwise specified pursuant to Section 15.012.3 with respect to any Series of Securities, each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be reasonably necessary or appropriate to effectuate the subordination as provided in this Article XV 10 and appoints the Trustee his his, her or its attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture (Martin Marietta Materials Inc), Indenture (Martin Marietta Materials Inc), Indenture Agreement (Martin Marietta Materials Inc)

Authorization of Securityholders to Trustee to Effect Subordination. Subject to Section 15.0112.01, each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article XV 12 and appoints the Trustee his attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture (Western Digital Corp), Indenture (Western Digital Technologies Inc), Indenture (Graftech International LTD)

Authorization of Securityholders to Trustee to Effect Subordination. Subject to Section 15.0116.01, each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article XV XVI and appoints the Trustee his attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture, Indenture, Indenture

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Authorization of Securityholders to Trustee to Effect Subordination. Subject to Section 15.0113.01, each Holder holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article XV 13 and appoints the Trustee his attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Era Group Inc.), Indenture (Seacor Holdings Inc /New/)

Authorization of Securityholders to Trustee to Effect Subordination. Subject to Section 15.015.01, each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article XV Five and appoints the Trustee his attorney-in-in- fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Energy Fuels Inc), Indenture (Energy Fuels Inc)

Authorization of Securityholders to Trustee to Effect Subordination. Subject to Section 15.01, each Holder Each holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its in his behalf to take such action as may be necessary or appropriate to effectuate the subordination thereof as provided in this Article XV 10 and irrevocably appoints the Trustee his attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Arrow Electronics Inc)

Authorization of Securityholders to Trustee to Effect Subordination. Subject Except as otherwise specified pursuant to Section 15.012.3 with respect to any series of Securities, each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his, her or its behalf to take such action as may be reasonably necessary or appropriate to effectuate the subordination as provided in this Article XV 10 and appoints the Trustee his his, her or its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Martin Marietta Materials Inc)

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