Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders representing at least 66-2/3% of the Adjusted Note Balance of each Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, with respect to the Notes. Notwithstanding the foregoing:
Appears in 15 contracts
Samples: Indenture (Bluegreen Vacations Holding Corp), BXG Receivables Note (Bluegreen Vacations Holding Corp), Indenture (Bluegreen Vacations Holding Corp)
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i11.01(a)(i) and (ii) hereof have been satisfied in full, the Noteholders Holders representing at least 66-2/366β2/3% of the Adjusted then Outstanding Note Balance of each the most senior Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, with respect to the Notes. Notwithstanding the foregoing:
Appears in 5 contracts
Samples: Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts International, Inc.), Diamond Resorts International, Inc.
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders representing at least 66-2/3% of the Adjusted Note Balance of each Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, with respect to the Notes. Notwithstanding the foregoing:: 58
Appears in 3 contracts
Samples: Indenture (Bluegreen Vacations Corp), Indenture (BBX Capital Corp), Indenture (BBX Capital Corp)
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders Holders representing at least 66-2/3% of the Adjusted Note Balance of each Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, ; with respect to the Notes. Notwithstanding the foregoing:
Appears in 3 contracts
Samples: Indenture (Silverleaf Resorts Inc), Indenture (Silverleaf Resorts Inc), Silverleaf Resorts Inc
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders Holders representing at least 66-2/3% of the Adjusted Note Balance of each Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, with respect to the Notes. Notwithstanding the foregoing:
Appears in 2 contracts
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i11.01(a)(i) and (ii) hereof have been satisfied in full, the Noteholders Holders representing at least 66-2/3% of the Adjusted then Outstanding Note Balance of each Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, with respect to the Notes. Notwithstanding the foregoing:
Appears in 2 contracts
Samples: Indenture (Diamond Resorts Parent, LLC), Indenture (Diamond Resorts Parent, LLC)
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i11.01(a)(i) and (ii) hereof have been satisfied in full, the Noteholders Holders representing at least 66-2/366β2/3% of the Adjusted then Outstanding Note Balance of each Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, with respect to the Notes. Notwithstanding the foregoing:
Appears in 2 contracts
Samples: Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts Corp)
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders Holders representing at least 66-2/351% of the Adjusted Outstanding Note Balance of each Class of Notes then Outstanding shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, with respect to the Notes. Notwithstanding the foregoing:
Appears in 1 contract
Samples: Indenture (Sunterra Corp)
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders Holders representing at least 66-2/3% of the Adjusted Outstanding Note Balance of each Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, ; with respect to the Notes. Notwithstanding the foregoing:
Appears in 1 contract
Samples: Silverleaf Resorts Inc
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i10.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders representing Holders of Notes evidencing at least 66-2/3% of the Adjusted Note Balance then Outstanding Principal Amount of each Class of the Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, Trustee or exercising any trust or power conferred on the Indenture Trustee, with respect to the Notes. Notwithstanding the foregoing:,
Appears in 1 contract
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders Holders representing at least 66-2/3% of the Adjusted Note Balance of each Class of Notes then Outstanding shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, ; with respect to the Notes. Notwithstanding the foregoing:
Appears in 1 contract
Samples: Indenture (Silverleaf Resorts Inc)
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders Holders representing at least 66-2/3% of the Adjusted Outstanding Note Balance of each the most senior Class of Notes then Outstanding, shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, ; with respect to the Notes. Notwithstanding the foregoing:
Appears in 1 contract
Samples: Silverleaf Resorts Inc
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof have been satisfied in full, the Noteholders representing at least 66-2/3% of the Adjusted Aggregate Outstanding Note Balance of each Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, or exercising any trust or power conferred on the Indenture Trustee, with respect to the Notes. Notwithstanding the foregoing:
Appears in 1 contract
Samples: Bluegreen Corp
Control by Noteholders. Except as may otherwise be provided in this Indenture, until such time as the conditions specified in Sections 11.1(a)(i) and (ii) hereof Section 11.01 have been satisfied in full, the Noteholders representing at least of Notes evidencing not less than 66-2/3% of the Adjusted Aggregate Note Principal Balance of each Class of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee, Trustee or exercising any trust or power conferred on the Indenture Trustee, with respect subject (in each case) to the NotesTrustee being indemnified to its reasonable satisfaction. Notwithstanding the foregoing:
Appears in 1 contract
Samples: Indenture (Fidelity Leasing Inc)