Trustee Authorized to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination as provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
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Samples: Subordinated Indenture (State Street Corp), State Street Capital Trust Ii
Trustee Authorized to Effectuate Subordination. Each Holder of Securities by his acceptance thereof authorizes and directs the Trustee on his in its behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination as provided in this Article these subordination provisions and appoints the Trustee his attorney-in-fact for any and all such purposes.
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Samples: Medpartners Inc
Trustee Authorized to Effectuate Subordination. Each Holder of Securities any Debenture by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the this subordination as provided in this Article Four and appoints the Trustee his attorney-in-fact for any and all such purposes.
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