Obligees' Right to Direct Indenture Trustee After Indenture Default. During the continuance of any Indenture Default, the Holders of a majority in principal amount of the Outstanding Obligations shall have the right, by an Act of Obligees, to direct the Indenture Trustee:
Appears in 5 contracts
Samples: Assumption Agreement (Ambassadors International Inc), Trust Indenture Special Provisions (Cal Dive International Inc), Pride International Inc