Common use of Class Voting Clause in Contracts

Class Voting. With respect to any vote to be cast by the Trustee on behalf of the Holders in accordance with Article 4 of the Collateral Trust Agreement, the Trustee will vote all of such Notes as directed by the Holders of a majority in aggregate principal amount of the outstanding principal amount of Notes. For purposes of such direction to the Trustee, Notes registered in the name of, or Beneficially Owned by, the Company or an Affiliate of the Company will be deemed not to be outstanding.

Appears in 4 contracts

Samples: Third Priority Secured Notes Indenture (Calpine Corp), First Priority Secured Floating Rate Notes Indenture (Calpine Corp), First Priority Indenture (Delta Energy Center, LLC)

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