Subordinated Trustee to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Subordinated Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination of such Securities provided in this Article Thirteen and appoints the Subordinated Trustee his attorney-in-fact for any and all such purposes.
Appears in 6 contracts
Samples: Indenture (Prudential Funding (Asia) PLC), Prudential Funding, Subordinated Indenture (Prudential PLC)