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.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD), Security and Pledge Agreement (Flag Telecom Holdings LTD), Security and Pledge Agreement (Flag Telecom Holdings LTD)

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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.

Appears in 2 contracts

Samples: Indenture (ICO Global Communications (Holdings) LTD), ICO Global Communications (Holdings) LTD

Evidence of Action by Securityholders. (a) Whenever in this Indenture it is provided that the holders Holders of a majority or 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 Holders of such majority or specified percentage or majority have joined therein may be evidenced by any instrument or any number of instruments of similar tenor executed by Securityholders such Holders of Securities in person or by agent or proxy appointed in writing.

Appears in 1 contract

Samples: Ncbe Capital Trust I

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Evidence of Action by Securityholders. (a) Whenever in this Indenture it is provided that the holders of a majority or 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 majority or specified percentage or majority have joined therein may be evidenced by any instrument or any number of instruments of similar tenor executed by Securityholders such holders of Securities in person Person or by agent or proxy appointed in writing.

Appears in 1 contract

Samples: Pikeville National Corp

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