Common use of Evidence of Action by Securityholders Clause in Contracts

Evidence of Action by Securityholders. Whenever in this Indenture it is provided that the holders of a specified percentage or a majority in aggregate principal amount of the Securities or of any series of Securities may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action the holders of such specified percentage or majority have joined therein may be evidenced by any instrument or any number of instruments of similar tenor executed by Securityholders in person or by agent or proxy appointed in writing.

Evidence of Action by Securityholders. Whenever in this Indenture it is provided that the holders Securityholders of a specified percentage or a majority in aggregate principal amount of the Securities of all or of any a particular series of Securities may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action)) hereunder, the fact that at the time of taking any such action the holders Securityholders of such specified percentage or majority have joined therein may be evidenced by any instrument or any number of instruments of similar tenor executed by such Securityholders in person or by agent or proxy appointed in writing.