Common use of Further Assurances of Subordination Clause in Contracts

Further Assurances of Subordination. Each holder of Securities by his, her or its acceptance of such Security authorizes and directs the Trustee on his, her or its behalf to take such action as may be necessary or appropriate to further assure the subordination as provided in this Article Fifteen.

Appears in 2 contracts

Samples: Indenture (Canadian Imperial Bank of Commerce /Can/), Indenture (Canadian Imperial Bank of Commerce /Can/)

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Further Assurances of Subordination. Each holder of Securities by his, her or its his acceptance of such Security authorizes and directs the Trustee on his, her or its his behalf to take such action as may be necessary or appropriate further to further assure the subordination as provided in this Article Fifteen.

Appears in 2 contracts

Samples: Indenture (Royal Bank of Canada \), Indenture (Royal Bank of Canada \)

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