Effectuation of Subordinated by Trustee. Each holder of the Subordinated Securities, by his acceptance thereof, authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 12 contracts
Samples: Achieve Life Sciences, Inc., Biolife Solutions Inc, Oncogenex Pharmaceuticals, Inc.
Effectuation of Subordinated by Trustee. Each holder of --------------------------------------- the Subordinated Securities, by his acceptance thereof, authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Exodus Communications Inc