Effectuation of Subordination by Trustee. Each Holder of Debentures, by his acceptance thereof, authorizes and directs the Trustee on his behalf to take such action at the request of the Company 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 4 contracts
Samples: Indenture (Bankatlantic Bancorp Inc), Indenture (Republic Bancshares Inc), Indenture (Republic Bancshares Inc)
Effectuation of Subordination by Trustee. Each Holder of Debentures, by his or her acceptance thereof, authorizes and directs the Trustee on his in such Holder's behalf to take such action at the request of the Company 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.be
Appears in 2 contracts
Samples: Indenture (Mca Financial Corp /Mi/), Indenture (Mca Financial Corp /Mi/)
Effectuation of Subordination by Trustee. Each Holder of Debentures, by his such Holder's acceptance thereof, authorizes and directs the Trustee on his in such Holder's behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article Twelve and appoints the Trustee his such Holder's attorney-in-fact for any and all such purposes.
Appears in 1 contract
Effectuation of Subordination by Trustee. Each Holder of Debentures, by his or her acceptance thereof, authorizes and directs the Trustee on his such Holder's behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article 12 and appoints the Trustee his such Holder's attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Indenture (Code Alarm Inc)
Effectuation of Subordination by Trustee. Each Holder of Debentures, by his or her acceptance thereof, authorizes and directs the Trustee on his such Xxxxxx's behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article 12 and appoints the Trustee his such Xxxxxx's attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Indenture (Meridian Bioscience Inc)
Effectuation of Subordination by Trustee. Each Holder of Debentures, by his acceptance thereof, authorizes and directs the Trustee on his behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article 11 and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Effectuation of Subordination by Trustee. Each Holder of Debentures, by his acceptance thereof, authorizes and directs the Trustee on in his behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article 12 and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
