Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate, as between the holders of Senior Indebtedness and the Holders, the subordination as provided in this Article XII and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 3 contracts
Samples: Subordinated Indenture (Kingold Jewelry, Inc.), Subordinated Indenture (Winner Medical Group Inc), Subordinated Indenture (Par Pharmaceutical Companies, Inc.)
Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate, as between the Holders and the holders of the Senior Indebtedness and the HoldersIndebtedness, the subordination as provided in this Article XII Ten and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 3 contracts
Samples: Indenture (Winstar Communications Inc), Indenture (Winstar Communications Inc), Senior Subordinated Deferred Interest Notes Indenture (Winstar Communications Inc)
Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate, as between the holders of Senior Indebtedness and the Holders, the subordination as provided in this Article XII X and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 3 contracts
Samples: Indenture (Lear Corp Eeds & Interiors), Indenture (Lear Corp /De/), Indenture (Lear Corp /De/)
Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities a Security of any series by his acceptance thereof authorizes and directs the Trustee on in his behalf to take such action as may be necessary or appropriate to effectuate, as between the holders of Senior Indebtedness and the Holders, effectuate the subordination as provided in this Article XII Fifteen and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Samples: Indenture Agreement (Associates First Capital Iii), Indenture Agreement (Associates First Capital Corp)
Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate, as between the Holders and the holders of the Senior Indebtedness and the HoldersIndebtedness, the subordination as provided in this Article XII Four and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Samples: Indenture (Lehman Brothers Holdings Inc), Indenture (Lehman Brothers Inc//)
Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate, as between the Holders and the holders of the Senior Indebtedness and the HoldersIndebtedness, the subordination as provided in this Article XII 10 and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Samples: Indenture (International Fast Food Corp), Indenture (International Fast Food Corp)
Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities a Security by his acceptance thereof authorizes and directs the Trustee on in his behalf to take such action as may be necessary or appropriate to effectuate, as between the holders of Senior Indebtedness and the Holders, effectuate the subordination as provided in this Article XII XIV and appoints the Trustee his attorney-in-attorney in fact for any and all such purposes.
Appears in 2 contracts
Samples: Indenture (Heller Financial Inc), Indenture (Heller Financial Inc)
Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate, as between the Holders and the holders of the Senior Indebtedness and the HoldersIndebtedness, the subordination as provided in this Article XII Thirteen and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate, as between the holders of Senior Indebtedness and the Holders, the subordination as provided in this Article XII 9 and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Indenture (Hudson United Bancorp)
Authorization to Trustee to Take Action to Effectuate Subordination. Each Holder of Securities securities by his acceptance thereof authorizes and directs the Trustee trustee on his behalf to take such action as may be necessary or appropriate to effectuate, as between the holders of Senior Indebtedness and the Holders, the subordination as provided in this Article XII X and appoints the Trustee trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Indenture (Lear Corp /De/)
