Common use of Section 512 Control by Holders Clause in Contracts

Section 512 Control by Holders. The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, provided that

Appears in 10 contracts

Samples: Indenture (MSD Netherlands Capital B.V.), Subordinated Indenture (Gulfport Energy Corp), Indenture (Burleson Water Resources, LLC)

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Section 512 Control by Holders. The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or of exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, provided that

Appears in 4 contracts

Samples: Indenture (Diamondback Energy, Inc.), Indenture (Diamondback Energy E&P LLC), Indenture (Diamondback Energy, Inc.)

Section 512 Control by Holders. The Holders of not less than a majority in principal amount of the Outstanding Securities of any all series affected by an Event of Default (determined as provided in Section 502 and, if more than one series of Securities, as one class) shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Outstanding Securities of such affected series, provided thatin each case

Appears in 4 contracts

Samples: Indenture (Field Trip Health Ltd.), Indenture (Denison Mines Corp.), Indenture (Denison Mines Corp.)

Section 512 Control by Holders. The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, provided that:

Appears in 3 contracts

Samples: Indenture (Canadian Imperial Bank of Commerce /Can/), Indenture (Canadian Imperial Bank of Commerce /Can/), Indenture (DH Europe Finance S.A.)

Section 512 Control by Holders. The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, Trustee or exercising any trust or power conferred on upon the Trustee, with respect to the Securities of such series, provided that:

Appears in 1 contract

Samples: Indenture (Globix Corp)

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Section 512 Control by Holders. The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, provided thatthat i.such direction shall not be in conflict with any rule of law or with this Indenture, and ii.the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction.

Appears in 1 contract

Samples: Senior Indenture (Infrastructure & Energy Alternatives, Inc.)

Section 512 Control by Holders. The Subject to the provisions of Section 603, the Holders of a majority in aggregate principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for or any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series; provided, provided however, that

Appears in 1 contract

Samples: Indenture (El Paso Pipeline Partners Operating Company, L.L.C.)

Section 512 Control by Holders. The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, ; provided that

Appears in 1 contract

Samples: Indenture (Pfizer Inc)

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