Common use of Right to Proceed Clause in Contracts

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.

Appears in 10 contracts

Samples: Declaration of Trust (Tower Group, Inc.), Declaration of Trust (United National Bancorp), Declaration of Trust (Ecb Bancorp Inc)

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Right to Proceed. (a) The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d3.8(e) hereto.

Appears in 7 contracts

Samples: Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co), Trust Agreement (Apache Trust Ii)

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto2.8(d)hereto.

Appears in 4 contracts

Samples: Declaration of Trust (Vineyard National Bancorp), Declaration of Trust (First Community Bancorp /Ca/), Declaration of Trust (Eurobancshares Inc)

Right to Proceed. The Sponsor acknowledges the rights of ---------------- Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.

Appears in 3 contracts

Samples: Declaration of Trust (First Banks, Inc), Declaration of Trust (Community Capital Bancshares Inc), Declaration of Trust (First Banks, Inc)

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.. ARTICLE IV INSTITUTIONAL

Appears in 3 contracts

Samples: Declaration of Trust (First Community Bancorp /Ca/), Declaration of Trust (First Community Bancorp /Ca/), Declaration of Trust (Coast Bancorp/Ca)

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d3.8(e) hereto.

Appears in 2 contracts

Samples: Trust Agreement (Kennametal Financing I), Trust Agreement (Dte Energy Co)

Right to Proceed. The Sponsor acknowledges the rights ---------------- of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.

Appears in 1 contract

Samples: Declaration of Trust (First Banks, Inc)

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Right to Proceed. The Sponsor acknowledges the rights of ---------------- Holders to institute a Direct Action as set forth in Section 2.8(d) hereto2.8(d)hereto.

Appears in 1 contract

Samples: Declaration of Trust (Prosperity Bancshares Inc)

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.2.8(d)hereto. ARTICLE IV

Appears in 1 contract

Samples: Declaration of Trust (State National Bancshares, Inc.)

Right to Proceed. The Sponsor acknowledges the rights ------------------ of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.

Appears in 1 contract

Samples: Declaration of Trust (First Banks, Inc)

Right to Proceed. The Sponsor acknowledges the rights of the Holders to institute a Direct Action as set forth in Section 2.8(d3.8(e) hereto.

Appears in 1 contract

Samples: Trust Agreement (Municipal Mortgage & Equity LLC)

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