Common use of The Trustee to Effectuate Subordination Clause in Contracts

The Trustee to Effectuate Subordination. Each holder of Debentures by such holder's acceptance thereof authorizes and directs the Trustee on such holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article XVI and appoints the Trustee such holder's attorney-in-fact for any and all such purposes.

Appears in 19 contracts

Samples: Indenture (S Y Bancorp Inc), Indenture (Itla Capital Corp), Indenture (S Y Bancorp Inc)

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The Trustee to Effectuate Subordination. Each holder of Debentures --------------------------------------- Debentures, by such holder's acceptance thereof thereof, authorizes and directs the Trustee on such holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article XVI and appoints the Trustee such holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Abc Bancorp Capital Trust I), Indenture (Abc Bancorp Capital Trust I)

The Trustee to Effectuate Subordination. Each holder of Debentures by such holder's ’s acceptance thereof authorizes and directs the Trustee on such holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article XVI and appoints the Trustee such holder's ’s attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (First Busey Statutory Trust V), Indenture (S.Y. Bancorp Capital Trust II)

The Trustee to Effectuate Subordination. Each holder of --------------------------------------- Debentures by such holder's acceptance thereof authorizes and directs the Trustee on such holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article XVI and appoints the Trustee such holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Ctbi Preferred Capital Trust Ii)

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The Trustee to Effectuate Subordination. Each holder of Debentures by such holder's ’s acceptance thereof authorizes and directs the Trustee on such holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article XVI ARTICLE XVII and appoints the Trustee such holder's ’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Tompkins Financial Corp)

The Trustee to Effectuate Subordination. Each holder of Debentures by such holder's acceptance thereof authorizes and directs the Trustee on such holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article XVI and appoints the Trustee such holder's attorney-in-fact for any and all such purposes.. -50- 57

Appears in 1 contract

Samples: Indenture (Team Financial Capital Trust I)

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