Common use of Control by Majority Noteholders Clause in Contracts

Control by Majority Noteholders. The Majority Noteholders shall have the right to direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on the Trustee; provided that

Appears in 6 contracts

Samples: Collateral Agent Agreement (Arch Wireless Inc), Collateral Agent Agreement (Arch Wireless Inc), Collateral Agent Agreement (Arch Wireless Inc)

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Control by Majority Noteholders. The Majority Noteholders shall have the right to direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on the Trustee; provided that:

Appears in 1 contract

Samples: Oakwood Homes Corp

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Control by Majority Noteholders. The Majority Noteholders shall have the right to direct the time, method and place of conducting any proceeding for exercising any remedy available to the Indenture Trustee pursuant to Section 5.01 hereof with respect to the Notes or exercising any trust or power conferred on the Indenture Trustee; provided provided, that

Appears in 1 contract

Samples: Indenture (Morgan Stanley Abs Capital I Inc)

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