Intervention by Trustee. In any judicial proceeding to which the Issuer is a party, the Trustee shall intervene on behalf of Bondholders subject to the provisions of Section 8.1(l), upon being directed in writing by the owners of at least twenty-five percent (25%) in aggregate principal amount of all Bonds then outstanding to intervene in such proceeding. The rights and obligations of the Trustee under this Section are subject to the approval of a court of competent jurisdiction.
Appears in 6 contracts
Samples: Trust Indenture, Trust Indenture, Trust Indenture
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of the owners of the Bonds, the Trustee shall may intervene on behalf of the Bondholders subject to the provisions of Section 8.1(l), upon being directed and shall do so if requested in writing by the owners of at least twenty-five percent (25%) in % of the aggregate principal amount of all Bonds then outstanding to intervene in such proceedingOutstanding. The rights and obligations of the Trustee under this Section 9.04 are subject to the approval of a court of competent jurisdiction.
Appears in 5 contracts
Samples: Trust Indenture (Entergy Arkansas Inc), Trust Indenture (Entergy Arkansas Inc), Trust Indenture (Entergy Mississippi Inc)
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of holders of the Bonds, the Trustee shall may intervene on behalf of Bondholders and, subject to the provisions of Section 8.1(l), upon being directed shall do so if requested in writing by the owners of at least twenty-five percent (25%) in aggregate principal amount of all Bonds then outstanding to intervene in such proceedingoutstanding. The rights and obligations of the Trustee under this Section are subject to the approval of a court of competent jurisdiction.
Appears in 5 contracts
Samples: Trust Indenture, Financing and Covenant Agreement, Trust Indenture
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of the owners of the Bonds, the Trustee shall may intervene on behalf of the Bondholders subject to the provisions of Section 8.1(l), upon being directed and shall do so if requested in writing by the owners of at least twenty-five percent (25%) in % of the aggregate principal amount of all Bonds then outstanding to intervene in such proceedingoutstanding. The rights and obligations of the Trustee under this Section 9.04 are subject to the approval of a court of competent jurisdiction.
Appears in 3 contracts
Samples: Trust Indenture (Gulf Power Co), Trust Indenture (Gulf Power Co), Trust Indenture (Gulf Power Co)
Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a partyparty and which in the opinion of the Trustee and its Counsel has a substantial bearing on the interests of Bondholders, the Trustee shall may intervene on behalf of Bondholders and, subject to the provisions of Section 8.1(l10.01(i), upon being directed shall do so if requested in writing by the owners Owners of at least twenty-five percent (25%) a majority in aggregate principal amount of all Bonds then outstanding to intervene in such proceeding. The rights and obligations of the Trustee under this Section are subject to the approval of a court of competent jurisdictionoutstanding.
Appears in 3 contracts
Samples: Indenture of Trust (Southwest Gas Corp), Indenture of Trust (Southwest Gas Corp), Indenture of Trust (Southwest Gas Corp)
Intervention by Trustee. In any judicial proceeding to which the Issuer is a party, the Trustee shall intervene on behalf of Bondholders subject to the provisions of Section 8.1(lSection
8.1. (l), upon being directed in writing by the owners of at least twenty-five percent (25%) in aggregate principal amount of all Bonds then outstanding to intervene in such proceeding. The rights and obligations of the Trustee under this Section are subject to the approval of a court of competent jurisdiction.
Appears in 3 contracts
Samples: Trust Indenture, Trust Indenture, Trust Indenture
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of holders of Bonds issued hereunder, the Trustee shall may intervene on behalf of Bondholders subject to the provisions of Section 8.1(l), upon being directed and shall do so if requested in writing by the owners holders of at least twenty-five percent (25%) in a majority of the aggregate principal amount of all Bonds then outstanding to intervene in such proceedinghereunder. The rights and obligations of the Trustee under this Section 11.4 are subject to the approval of a the court of competent jurisdictionhaving jurisdiction in the premises.
Appears in 3 contracts
Samples: Trust Indenture (Entergy Louisiana, LLC), Trust Indenture (Entergy Louisiana, LLC), Trust Indenture (Entergy Louisiana, LLC)
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the reasonable judgment of the Trustee and its counsel has a substantial bearing on the interests of holders of the Bonds, the Trustee shall may intervene on behalf of Bondholders and, subject to the provisions of Section 8.1(l8.1(k), upon being directed shall do so if requested in writing by the owners of at least twenty-five percent (25%) in aggregate principal amount of all Bonds then outstanding to intervene in such proceedingRequisite Bondholders. The rights and obligations of the Trustee under this Section are subject to the approval of a court of competent jurisdiction.
Appears in 2 contracts
Samples: Trust Indenture, Trust Indenture
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of Bondholders of the Bonds, the Trustee shall may intervene on behalf of Bondholders and, subject to the provisions of Section 8.1(l), upon being directed shall do so if requested in writing by the owners of at least twenty-five percent (25%) in aggregate principal amount of all Bonds then outstanding to intervene in such proceedingoutstanding. The rights and obligations of the Trustee under this Section are subject to the approval of a court of competent jurisdiction.
Appears in 2 contracts
Samples: Trust Indenture, Trust Indenture
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of the Owners of the Bonds, the Trustee shall may intervene on behalf of Bondholders subject to Owners of the provisions of Section 8.1(l), upon being directed Bonds and shall do so if requested in writing by the owners Owners of at least twenty-five percent per centum (25%) in of the aggregate principal amount of all Bonds then outstanding to intervene in such proceedingOutstanding. The rights and obligations of the Trustee under this Section 9.04 are subject to the approval of a court of competent jurisdiction.
Appears in 1 contract
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of holders of Bonds issued hereunder, the Trustee shall may intervene on behalf of Bondholders subject to the provisions of Section 8.1(l), upon being directed and shall do so if requested in writing by the owners holders of at least twenty-five percent (25%) in 10% of the aggregate principal amount of all Bonds then outstanding to intervene in such proceedinghereunder. The rights and obligations of the Trustee under this Section 11.4 are subject to the approval of a the court of competent jurisdictionhaving jurisdiction in the premises.
Appears in 1 contract
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of the owners of the Bonds, the Trustee shall may intervene on behalf of the Bondholders subject to the provisions of Section 8.1(l), upon being directed and shall do so if requested in writing by the owners holders of at least twenty-five fifty percent (2550%) in of the aggregate principal amount of all Bonds then outstanding to intervene outstanding, provided that the Trustee shall first have been offered such reasonable indemnity as it may require against the costs, expenses and liabilities which it may incur in or by reason of such proceeding. The rights and obligations of the Trustee under this Section are subject to the approval of a court of competent jurisdiction.
Appears in 1 contract
Samples: Indenture of Trust (Enron Corp/Or/)
Intervention by Trustee. In any judicial proceeding to which the Issuer or the Borrower is a party, and which, in the opinion of the Trustee shall and its counsel, has a substantial bearing on the interests of the Owners of the Outstanding Bonds, the Trustee may intervene on behalf of Bondholders subject to the provisions Owners of Section 8.1(l), upon being directed the Bonds and shall do so if requested in writing by the owners Owners of at least twenty-five percent (25%) in aggregate principal amount of all the Bonds then outstanding Outstanding, and when provided with sufficient indemnity pursuant to intervene in such proceeding. The rights and obligations of the Trustee under this Section are subject to the approval of a court of competent jurisdiction8.1(l) hereof.
Appears in 1 contract
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interests of owners of the Bonds, the Trustee shall may intervene on behalf of Bondholders and, subject to the provisions of Section 8.1(l1001(l), upon being directed shall do so if requested in writing by the owners of at least twenty-five percent (25%) a majority in aggregate principal amount of all Bonds then outstanding outstanding. Nothing in this Section 1004 shall be construed so as to intervene in such proceeding. The rights and obligations diminish the enforceability by the Issuer of its remedies under Section 6.3 of the Trustee under this Section are subject to the approval of a court of competent jurisdictionAgreement.
Appears in 1 contract
Samples: Indenture of Trust (Intrepid Technology & Resources, Inc.)
Intervention by Trustee. In any judicial proceeding to which the Issuer is a partyparty and which in the opinion of the Trustee and its counsel has a substantial bearing on the interest of Registered Owners of the Bonds, the Trustee shall may intervene on behalf of Bondholders subject to the provisions of Section 8.1(l), upon being directed such Owners and shall do so if requested in writing by the owners Registered Owners of at least twenty-five percent (25%) % in aggregate principal Principal amount of all the Bonds then outstanding to intervene in such proceedingOutstanding. The rights and obligations of the Trustee under this Section 8.4 are subject to the approval of a court of competent jurisdiction.
Appears in 1 contract
Samples: Bond Purchase Agreement