Control by Bondholders. The Holders of a majority of the Outstanding Amount of the Bonds (or, if less than all Classes are affected, the affected Class or Classes) shall have the right to direct the time, method and place of conducting any Proceeding for any remedy available to the Trustee with respect to the Bonds or the Bonds of such Class or Classes or exercising any trust or power conferred on the Trustee with respect to the Bonds or the Bonds of such Class or Classes; provided, that
Appears in 2 contracts
Samples: Indenture (PG&E Energy Recovery Funding LLC), Indenture (PG&E Energy Recovery Funding LLC)
Control by Bondholders. The Holders of a majority of the Outstanding Amount of the Bonds (or, if less than all Classes are affected, the affected Class or Classes) shall have the right to direct the time, method and place of conducting any Proceeding for any remedy available to the Trustee with respect to the Bonds or the Bonds of such Class or Classes or exercising any trust or power conferred on the Trustee with respect to the Bonds or the Bonds of such Class or Classes; provided, however, that
Appears in 2 contracts
Samples: PSNH Funding LLC, PSNH Funding LLC 2
Control by Bondholders. The Holders of a majority of the Outstanding Amount of the Bonds (or, if less than all Classes are affected, the affected Class or Classes) shall have the right to direct the time, method and place of conducting any Proceeding for any remedy available to the Trustee with respect to the Bonds or the Bonds of such Class or Classes or exercising any trust or power conferred on the Trustee with respect to the Bonds or the Bonds of such Class or Classes; providedPROVIDED, HOWEVER, that
Appears in 1 contract
Samples: PSNH Funding LLC
Control by Bondholders. The Holders of a majority of the ---------------------- Outstanding Amount of the Bonds (or, if less than all Classes are affected, the affected Class or Classes) shall have the right to direct the time, method and place of conducting any Proceeding for any remedy available to the Trustee with respect to the Bonds or the Bonds of such Class or Classes or exercising any trust or power conferred on the Trustee with respect to the Bonds or the Bonds of such Class or Classes; provided, however, that
Appears in 1 contract
