Common use of Trustee to Effectuate Subordination Clause in Contracts

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 12 contracts

Samples: Indenture (Wells Fargo Capital Iv), Indenture (Wells Fargo & Co/Mn), Indenture (Indymac Capital Trust I)

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Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 16 and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 12 contracts

Samples: Indenture (Trenwick America Capital Trust Iii), Indenture (Ace LTD), Indenture (Cit Group Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 11 contracts

Samples: Indenture (Valley National Bancorp), Indenture (International Seaways, Inc.), Indenture (Valley National Bancorp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article article and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 8 contracts

Samples: Indenture (Xl Capital LTD), Indenture (360networks Inc), Indenture (Xl Capital LTD)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's Xxxxxx’s acceptance thereof authorizes and directs the Trustee in on such Holder's Xxxxxx’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 7 contracts

Samples: Indenture (Valley National Bancorp), Indenture (Imperial Petroleum Inc./Marshall Islands), Indenture (Independent Bank Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 7 contracts

Samples: Indenture (Midamerican Energy Co), Indenture (Midamerican Energy Co), Indenture (Midamerican Energy Co)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Fourteen and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 6 contracts

Samples: Indenture (Citigroup Capital Xii), Indenture (Citigroup Capital XVIII), Indenture (Commercial Credit Co)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIV and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 5 contracts

Samples: Indenture (HCC Capital Trust Ii), Junior Subordinated Debt Securities Indenture (Travelers Property Casualty Corp), Junior Subordinated Debt Securities Indenture (Travelers Property Casualty Corp)

Trustee to Effectuate Subordination. Each Holder holder of Debt Securities or coupons by such Holder's holder’s acceptance thereof authorizes and directs the Trustee in on such Holder's holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XV and appoints the Trustee its such holder’s attorney-in-fact for any and all such purposes.

Appears in 5 contracts

Samples: Indenture (Singing Machine Co Inc), Indenture (Ault Global Holdings, Inc.), Indenture (Tanzanian Gold Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's its acceptance thereof authorizes and directs the Trustee in such Holder's on its behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness, as provided in this Article Article, and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 5 contracts

Samples: Indenture (Modine Manufacturing Co), Indenture (Cellular Dynamics International, Inc.), Indenture (Ari Network Services Inc /Wi)

Trustee to Effectuate Subordination. Each Holder holder of Debt Securities or coupons by such Holderholder's acceptance thereof authorizes and directs the Trustee in on such Holderholder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Fifteen and appoints the Trustee its such holder's attorney-in-fact for any and all such purposes.

Appears in 5 contracts

Samples: Indenture (Gamco Investors, Inc. Et Al), Indenture (Metlife Inc), Indenture (Metlife Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons a Security by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Fourteen and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 4 contracts

Samples: Indenture (Tribune Co), Indenture (Oxy Capital Trust Iii), Indenture (Occidental Petroleum Corp /De/)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons Note Guarantees by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to execute such document and to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Seventeen and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 4 contracts

Samples: Supplemental Indenture (Cit Group Inc), Supplemental Indenture (Cit Group Inc), Supplemental Indenture (Cit Group Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons of any series by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its his attorney-in-fact for any and all such purposes.

Appears in 4 contracts

Samples: Indenture (Marathon Petroleum Corp), Indenture (Atp Oil & Gas Corp), Indenture (Marathon Petroleum Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 18 and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 4 contracts

Samples: Indenture (Trenwick America Capital Trust Iii), Indenture (Ace LTD), Indenture (Ace Ina Holdings Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's Hxxxxx’s acceptance thereof authorizes and directs the Trustee in such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture (United Community Banks Inc), Indenture (Huntington Bancshares Inc/Md), Indenture (Huntington Bancshares Inc/Md)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Fourteen and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Subordinated Indenture (Allstate Corp), Indenture (Allstate Corp), Indenture (Allstate Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance ’s xxxxxtance thereof authorizes and directs the Trustee in on such Holder's behalf ’s xxxxxf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture (Independent Bank Corp), Indenture (Independent Bank Corp), Indenture (Independent Bank Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article ARTICLE 13 and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Subordinated Indenture (Aspen Insurance Holdings LTD), Junior Subordinated Indenture (Endurance Specialty Holdings LTD), Subordinated Indenture (MRH Capital Trust I)

Trustee to Effectuate Subordination. Each Holder of Debt ----------------------------------- Securities of any series (or coupons any Coupons appertaining thereto) by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 15 and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Multiple Series Indenture (Usx Capital Trust I), Multiple Series Indenture (Usx Corp), Multiple Series Indenture (Usx Capital Trust I)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article and appoints the Trustee its his attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture (Thaxton Group Inc), Indenture (Thaxton Group Inc), Indenture (Thaxton Group Inc)

Trustee to Effectuate Subordination. Each Holder holder of Debt Securities or coupons by such Holder's holder’s acceptance thereof authorizes and directs the Trustee in on such Holder's holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIV and appoints the Trustee its such holder’s attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Junior Subordinated Indenture (Brighthouse Financial, Inc.), Junior Subordinated Indenture (Brighthouse Financial, Inc.), Subordinated Indenture (Brighthouse Financial, Inc.)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's Hxxxxx’s acceptance thereof authorizes and directs the Trustee in on such Holder's Hxxxxx’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture (Berkshire Hills Bancorp Inc), Indenture (Berkshire Hills Bancorp Inc), Indenture (Berkshire Hills Bancorp Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Twelve and appoints the Trustee its as such Holder's attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture (Warnaco Group Inc /De/), Indenture (Walbro Capital Trust), Indenture (Calenergy Capital Trust Iii)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article article and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture (Xl Group PLC), Indenture (XL Group Ltd.), Indenture (Xl Group PLC)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article V and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Third Supplemental Indenture (Omnicare Inc), Third Supplemental Indenture (Omnicare Capital Trust Ii), Second Supplemental Indenture (Omnicare Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's Xxxxxx’s acceptance thereof authorizes and directs the Trustee in on such Holder's Xxxxxx’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 16 and appoints the Trustee its such Xxxxxx’s attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Indenture (Assured Guaranty US Holdings Inc.), Indenture (Assured Guaranty LTD), Junior Subordinated Indenture (Partnerre LTD)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons a Security by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided for in this Article Sixteen and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Bergen Brunswig Corp), Indenture (Bergen Brunswig Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIII and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Junior Subordinated Indenture (Quanta Capital Holdings LTD), Indenture (Nelnet Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons Securities, by such Holder's acceptance thereof thereof, authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 16 and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Jabil Circuit Inc), Indenture (Jabil Circuit Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this 75 75 Article XII and appoints the Trustee its as such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Chemed Capital Trust), Indenture (Chemed Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons a Security by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 15 and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Hughes Electronics Corp), Indenture (Estee Lauder Companies Inc)

Trustee to Effectuate Subordination. Each Holder holder of Debt Securities or coupons by such Holder's holder’s acceptance thereof authorizes and directs the Trustee in on such Holder's holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Fourteen and appoints the Trustee its such holder’s attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Athene Holding Ltd.), Indenture (Athene Holding Ltd.)

Trustee to Effectuate Subordination. Each Holder holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder holder and holders of Senior Debt Indebtedness, as provided in this Article (or other subordination provisions applicable to a series of the Securities), and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Curtiss Wright Corp), Indenture (Human Genome Sciences Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article 12 and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Subordinated Indenture (Coastal Corp), Subordinated Indenture (Coastal Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness of the Company or the Guarantor, as the case may be, as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Mellon Financial Corp), Indenture (Mellon Financial Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article Fourteen and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Subordinated Indenture (Service Corporation International), Subordinated Indenture (Service Corporation International)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's Xxxxxx’s acceptance thereof authorizes and directs the Trustee in such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Privatebancorp, Inc), Indenture (Privatebancorp, Inc)

Trustee to Effectuate Subordination. Each Holder holder of Debt Securities or coupons by such Holderholder's acceptance thereof authorizes and directs the Trustee in on such Holderholder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XV and appoints the Trustee its such holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (American Equity Investment Life Holding Co), Indenture (American Equity Investment Life Holding Co)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Huntington Bancshares Inc/Md), Indenture (Huntington Capital Iii)

Trustee to Effectuate Subordination. Each Holder of Debt Common Securities or coupons by such Holder's acceptance thereof authorizes and directs the Common Guarantee Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Common Guarantee Trustee its as such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Common Securities Guarantee Agreement (Bergen Brunswig Corp), Common Securities Guarantee Agreement (Bergen Brunswig Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Fourteen and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Arch Capital Group Ltd.)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article and appoints the Trustee its attorney-attorney- in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Worldcorp Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIII and appoints the Trustee its such Holders's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Wachovia Capital Trust Viii)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder the Holders of the Securities and the holders of Senior Debt as Indebtedness the subordination provided in this Article Twelve and appoints the Trustee its as such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Walbro Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIII and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Financial Security Assurance Holdings LTD)

Trustee to Effectuate Subordination. Each Holder Holders of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIII and appoints the Trustee its such Holders's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Junior Subordinated Indenture (Wachovia Capital Trust Iv)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness of the Issuer as provided in this Article Thirteen and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Third Supplemental Indenture (Triton Energy Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIV and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Noram Financing Ii)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Twelve and appoints the Trustee its attorney-as such Holder's attorney- in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Calenergy Co Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.. 105

Appears in 1 contract

Samples: Indenture (Popular Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 16 and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Partnerre LTD)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in in, this Article and appoints the Trustee its his attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (FNB Corp/Fl/)

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Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 3 and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Second Supplemental Indenture (Genworth Financial Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article III and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Supplemental Indenture (Assured Guaranty LTD)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder of Securities and holders Holders of Senior Debt Indebtedness, as provided in this Article Fourteen, and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Citigroup Capital Ix)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons a Security by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 16 and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture Agreement (Protection One Alarm Monitoring Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons a Security by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Sixteen and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Motorola Inc)

Trustee to Effectuate Subordination. Each Holder holder of Debt Securities or coupons by such Holder's holder’s acceptance thereof authorizes and directs the Trustee in on such Holder's holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 11 and appoints the Trustee its such holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Subordinated Indenture (Midwest Banc Holdings Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of 70 77 Senior Debt Indebtedness as provided in this Article Thirteen and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Senior Subordinated Indenture (Ocean Energy Inc /La/)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons a Security by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIV and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Kellogg Co)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article Fifteen and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Subordinated Debt Indenture (Adelphia Communications Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Fingerhut Companies Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article Fifteen and appoints points the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Eog Resources Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Northrop Grumman Corp /De/)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XII and appoints the Trustee its as such Holder's attorney-in-fact for any and all such purposes.. 84 79

Appears in 1 contract

Samples: Indenture (Coltec Capital Trust)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness of the Issuers as provided in this Article Thirteen and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Senior Subordinated Indenture (Triton Energy Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof of this Indenture authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article XV and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Subordinated Debt Indenture (Kforce Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons Note Guarantees by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to execute such document and to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 16 and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Supplemental Indenture (Cit Group Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons Notes by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article 16 and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Subordinated Indenture (Cit Group Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Fifteen and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Arch Capital Group Ltd.)

Trustee to Effectuate Subordination. Each Holder of Debt Securities any Securities, by subscribing for, purchasing or coupons by otherwise acquiring such Holder's acceptance thereof Securities, authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its his attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Perpetual Subordinated Indenture (Nomura Holdings Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.this

Appears in 1 contract

Samples: Indenture (Designer Holdings LTD)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt of the Guarantor as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (South Financial Group Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Fifteen and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Subordinated Indenture (Onb Capital Trust Vi)

Trustee to Effectuate Subordination. Each Holder of Debt ----------------------------------- Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XII and appoints the Trustee its as such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Nationwide Financial Services Capital Trust)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination 74 87 as between such Holder and holders of Senior Debt Indebtedness as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Suntrust Banks Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIV and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Securities Purchase and Exchange Agreement

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Sixteen and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes. Each Holder acknowledges that the initial Trustee is acting as Trustee for Senior Indebtedness of the Company.

Appears in 1 contract

Samples: Indenture (Nordstrom Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof of a Security authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article XIV and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (WPS Resources Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons a Convertible Debenture by such Holder's Holders acceptance thereof authorizes and directs the Trustee in on such Holder's Holders behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its such Holders attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Supplemental Indenture (Tosco Corp)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons Note Guarantees by such Holder's ’s acceptance thereof authorizes and directs the Trustee in on such Holder's ’s behalf to execute such document and to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Eighteen and appoints the Trustee its such Holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Supplemental Indenture (Cit Group Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons a Security by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Fourteen and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Subordinated Indenture (Aetna Inc /Pa/)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's his acceptance thereof authorizes and directs the Trustee in such Holder's on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt Indebtedness as provided in this Article XIV and appoints the Trustee its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Senior Subordinated Indenture (Service Corporation International)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.or

Appears in 1 contract

Samples: Indenture (Finova Finance Trust)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons a Security by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article One and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Note Purchase Agreement (Seitel Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons Debentures by such Holder's acceptance thereof authorizes and directs the Trustee in on such Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such Holder and holders of Senior Debt as provided in this Article Section 16 and appoints the Trustee its such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Pikeville National Corp)

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