Common use of Control by Majority Noteholders Clause in Contracts

Control by Majority Noteholders. Notwithstanding any other provision of this Indenture, the Majority Noteholders shall have the right following the occurrence, and during the continuance of, an Event of Default to cause the institution of and direct the time, method and place of conducting any Proceeding for any remedy available to the Trustee; provided that:

Appears in 7 contracts

Samples: Eighth Supplemental Indenture (Investcorp Credit Management BDC, Inc.), Sixth Supplemental Indenture (CM Finance Inc), Indenture (CM Finance Inc)

AutoNDA by SimpleDocs

Control by Majority Noteholders. Notwithstanding any other provision of this Indenture, the Majority Noteholders shall have the right following the occurrence, and during the continuance of, an Event of Default to cause the institution of and direct the time, method and place of conducting any Proceeding for any remedy available to the Trustee or exercising any other trust or power conferred upon the Trustee; provided that:

Appears in 2 contracts

Samples: Indenture (BC Partners Lending Corp), Indenture (BC Partners Lending Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.