Effectuation of Subordination by Trustee. Each Holder of Notes, by such Holder's acceptance thereof, authorizes and directs the Trustee in such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Twelve and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.
Appears in 5 contracts
Samples: Indenture (PDS Financial Corp), Indenture (PDS Financial Corp), Indenture (PDS Gaming Corp)
Effectuation of Subordination by Trustee. Each Holder of Notes, by such Holder's acceptance thereof, authorizes and directs the Trustee in such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Twelve Thirteen and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.
Appears in 4 contracts
Samples: Indenture (Onyx Acceptance Corp), Indenture (Onyx Acceptance Corp), Indenture (Onyx Acceptance Corp)
Effectuation of Subordination by Trustee. Each Holder of Notes, by such Holder's acceptance thereof, authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Twelve and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Samples: Indenture (Commercial Federal Corp), Indenture (Commercial Federal Corp)
Effectuation of Subordination by Trustee. Each Holder of NotesDebentures, by such Holder's acceptance thereof, authorizes and directs the Trustee in such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Twelve Fourteen and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Indenture (Paper Warehouse Inc)
Effectuation of Subordination by Trustee. Each Holder of Notes, by such Holder's acceptance thereof, authorizes and directs the Trustee in such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Twelve and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.. -62-
Appears in 1 contract
Effectuation of Subordination by Trustee. Each Holder of Notes, by such Holder's acceptance thereof, authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Twelve 11 and appoints the Trustee such Holder's his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Indenture (Lomak Petroleum Inc)
