Common use of Intervention by Indenture Trustee Clause in Contracts

Intervention by Indenture Trustee. In any judicial proceeding to which the Issuer is a party, the Indenture Trustee shall intervene if directed to do so in writing by the Class A Noteholders with the consent of the Insurer or the Insurer.

Appears in 1 contract

Samples: Indenture (Uici)

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Intervention by Indenture Trustee. In any judicial proceeding to which the Issuer is a party, the Indenture Trustee shall intervene if directed to do so in writing by the Class A Insurer or a Majority Interest of the Noteholders with the consent of the Insurer or the Insurer.

Appears in 1 contract

Samples: Indenture (Uici)

Intervention by Indenture Trustee. In To the extent --------------------------------- permitted by applicable law, in any judicial proceeding to which the Issuer is a party, the Indenture Trustee shall intervene if directed to do so in writing by the Class A Noteholders with the consent of the Insurer or the InsurerAdministrator.

Appears in 1 contract

Samples: Indenture (Direct Iii Marketing Inc)

Intervention by Indenture Trustee. In any judicial proceeding to which the Issuer is a party, the Indenture Trustee shall intervene if directed to do so in writing by the Class A Noteholders with the consent of the Insurer or the InsurerRequisite Investors.

Appears in 1 contract

Samples: Base Indenture (Uici)

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Intervention by Indenture Trustee. In To the extent permitted by applicable law, in any judicial proceeding to which the Issuer is a party, the Indenture Trustee shall intervene if directed to do so in writing by the Class A Noteholders with the consent of the Insurer or the InsurerAdministrative Agent.

Appears in 1 contract

Samples: Indenture (Collegiate Funding Services Inc)

Intervention by Indenture Trustee. In any judicial proceeding to which the Issuer is a party, the Indenture Trustee shall intervene if directed to do so in writing by the Class A Noteholders with the consent a majority of the Insurer or outstanding principal amount of the InsurerNotes comprising the Controlling Class.

Appears in 1 contract

Samples: Indenture (Uici)

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