Control by Securityholders. The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding, determined in accordance with Section 8.01, shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on
Appears in 1 contract
Samples: Indenture (Vaxgen Inc)
Control by Securityholders. The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding, determined in accordance with Section 8.018.04, shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred onon the Trustee with respect to such series; provided, however, that such direction shall not be in conflict with any rule of law or with this Indenture or subject the Trustee in its sole discretion to personal
Appears in 1 contract
Samples: Indenture (Biocept Inc)
Control by Securityholders. The holders Holders of a majority in aggregate principal amount of the Outstanding Securities of any series at the time Outstanding, determined in accordance with Section 8.01, shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, Trustee or exercising any trust or power conferred onon the Trustee, provided that
Appears in 1 contract
Samples: Collateral Trust Indenture (Public Service Co of New Mexico)
Control by Securityholders. The holders Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series at the time Outstanding, determined in accordance with Section 8.01, shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred onon the Trustee, with respect to Securities of such series, provided, that,
(1) such direction shall not be in conflict with any rule of law or this Indenture, and could not involve the Trustee in personal liability in circumstances where reasonable indemnity would not be adequate, and
Appears in 1 contract
Samples: Indenture (Meritor Automotive Inc)
Control by Securityholders. The holders Holders of a majority in aggregate principal amount of the Outstanding Securities of any series at the time Outstanding, determined in accordance with Section 8.01, shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, Trustee or exercising any trust or power conferred onon the Trustee with respect to the Securities of such series, provided that
Appears in 1 contract
Samples: Indenture (Neiman Marcus Group Inc)
Control by Securityholders. The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding, determined in accordance with Section 8.018.4, shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred onon the Trustee with respect to such series; provided, however, that such direction shall not be in conflict with any rule of law or with this
Appears in 1 contract
Samples: Indenture (Sun Healthcare Group Inc)