Common use of Trustee to Effectuate Subordination Clause in Contracts

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 12 contracts

Samples: Indenture (Cit Group Inc), Indenture (Partnerre LTD), Indenture (Cit Group Inc)

AutoNDA by SimpleDocs

Trustee to Effectuate Subordination. Each Holder of Securities 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 as between such Holder and holders of Senior Debt as provided in this Article 16 and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 11 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 article and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 8 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's Xxxxxx’s acceptance thereof authorizes and directs the Trustee 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 such Holder's 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 Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 as provided in this Article 16 and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 7 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 Fourteen and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 6 contracts

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

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

Appears in 5 contracts

Samples: Gamco Investors, Inc. Et Al, 1 (Metlife Capital Trust Iii), Metlife Inc

Trustee to Effectuate Subordination. Each Holder of Securities a Convertible Debenture 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 16 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 5 contracts

Samples: Execution Copy (Viatel Inc), Indenture (Wellsford Real Properties Inc), Indenture (Capital Trust)

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

Appears in 5 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 XIV and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 5 contracts

Samples: HCC Capital Trust Ii, Travelers Property Casualty Corp, Onb Capital Trust Iv

Trustee to Effectuate Subordination. Each Holder of Securities a Security 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 16 Fourteen and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 4 contracts

Samples: Tribune Co, Tribune Co, Occidental Petroleum Corp /De/

Trustee to Effectuate Subordination. Each Holder of Securities Note Guarantees by such Holder's ’s acceptance thereof authorizes and directs the Trustee 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 provided in this Article 16 Seventeen and appoints the Trustee such Holder's ’s attorney-in-fact for any and all such purposes.

Appears in 4 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 18 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 4 contracts

Samples: Ace LTD, Ace LTD, Ace Ina Holdings Inc

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

Appears in 3 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 ARTICLE 13 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Aspen Insurance Holdings LTD, Endurance Specialty Holdings LTD, MRH Capital Trust I

Trustee to Effectuate Subordination. Each Holder of ----------------------------------- Securities of any series (or any Coupons appertaining thereto) 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 16 15 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Usx Corp, Usx Capital Trust I, Usx Capital Trust I

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's acceptance ’s xxxxxtance thereof authorizes and directs the Trustee 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 16 and appoints the Trustee such Holder's 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 Securities 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 16 V and appoints the Trustee such Holder's ’s attorney-in-fact for any and all such purposes.

Appears in 3 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 article and appoints the Trustee such Holder's ’s attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Xl Group PLC, XL Group Ltd., Xl Group PLC

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 Twelve and appoints the Trustee as such Holder's attorney-in-fact for any and all such purposes.

Appears in 3 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's Hxxxxx’s acceptance thereof authorizes and directs the Trustee 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 16 and appoints the Trustee such Holder's 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 Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 and appoints the Trustee such Holder's his attorney-in-fact for any and all such purposes.

Appears in 3 contracts

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

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

Appears in 3 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 Fourteen and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 3 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 XIII and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: Dean Foods Co, Usg Corp, Kellwood Co

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's Hxxxxx’s acceptance thereof authorizes and directs the Trustee on 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 16 and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 3 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's Xxxxxx’s acceptance thereof authorizes and directs the Trustee on 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 16 and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: And (Privatebancorp, Inc), And (Privatebancorp, Inc)

Trustee to Effectuate Subordination. Each Holder holder of Securities by such Holder's holder’s acceptance thereof authorizes and directs the Trustee on such Holder's holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 16 Fourteen and appoints the Trustee such Holder's 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 of Securities by such Holder's Xxxxxx’s acceptance thereof authorizes and directs the Trustee on such Holder's Xxxxxx’s behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 16 18 and appoints the Trustee such Holder's Xxxxxx’s attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Assured Guaranty (Assured Guaranty US Holdings Inc.), Assured Guaranty LTD

Trustee to Effectuate Subordination. Each Holder of Securities Securities, 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 16 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Jabil Circuit Inc, Jabil Circuit Inc

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 12 and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes. Section 12.07.

Appears in 2 contracts

Samples: Coastal Corp, Coastal Corp

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's ’s acceptance thereof authorizes and directs the Trustee on 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 16 and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 2 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities a Note 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 16 18 and appoints the Trustee as such Holder's ’s attorney-in-fact for any and all such purposesin connection therewith.

Appears in 2 contracts

Samples: Indenture (Iterum Therapeutics PLC), Iterum Therapeutics PLC

Trustee to Effectuate Subordination. Each Holder of Securities a Security 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 for in this Article 16 Sixteen and appoints the Trustee 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 Securities a Security 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 16 15 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities 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 75 75 Article 16 XII and appoints the Trustee as such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Chemed Corp, Chemed Capital Trust

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 XIII and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

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

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

Appears in 2 contracts

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

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 Fourteen and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Service Corporation International, Service Corporation International

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

Appears in 1 contract

Samples: Cit Group Inc

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 Sixteen and appoints the Trustee 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: Nordstrom Inc

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 Fifteen and appoints the Trustee such Holder's ’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Arch Capital Group (Arch Capital Group Ltd.)

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on such Holder's 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 Indebtedness as provided in this Article 16 and appoints the Trustee such Holder's 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 Securities a Convertible Debenture by such Holder's Holders acceptance thereof authorizes and directs the Trustee on such Holder's Holders behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 16 and appoints the Trustee such Holder's 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 Securities by such Holder's acceptance thereof of a Security 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 16 XIV and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: WPS Resources Corp

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

Appears in 1 contract

Samples: Citigroup Capital Ix

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 XIV and appoints the Trustee such Holder's ’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 Holders of Securities 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 16 XIII and appoints the Trustee such HolderHolders's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Wachovia Capital Trust Iv

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in in, this Article 16 and appoints the Trustee such Holder's his attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: FNB Corp/Fl/

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Black Beauty Coal Co

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 XIII and appoints the Trustee such HolderHolders's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Wachovia Capital Trust Viii

Trustee to Effectuate Subordination. Each Holder of Securities a Security 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 16 Sixteen and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Motorola Inc

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 Fifteen and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Adelphia Communications Corp

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 XII and appoints the Trustee as such Holder's attorney-in-fact for any and all such purposes.. 84 79

Appears in 1 contract

Samples: Purchase Agreement (Coltec Capital Trust)

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.or

Appears in 1 contract

Samples: Finova Finance Trust

Trustee to Effectuate Subordination. Each Holder of Securities Note Guarantees by such Holder's ’s acceptance thereof authorizes and directs the Trustee 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 provided in this Article 16 Eighteen and appoints the Trustee such Holder's ’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Third Supplemental Indenture (Cit Group Inc)

Trustee to Effectuate Subordination. Each Holder of Securities Note Guarantees by such Holder's ’s acceptance thereof authorizes and directs the Trustee 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 provided in this Article 16 and appoints the Trustee such Holder's ’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: First Supplemental Indenture (Cit Group Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee on 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 16 and appoints the Trustee such Holder's 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 Securities 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 16 Fifteen and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Onb Capital Trust Vi)

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 Fourteen and appoints the Trustee such Holder's ’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Arch Capital Group (Arch Capital Group Ltd.)

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 Twelve and appoints the Trustee as such Holder's attorney-attorney- in-fact for any and all such purposes.

Appears in 1 contract

Samples: Calenergy Co Inc

Trustee to Effectuate Subordination. Each Holder of Securities Note Guarantees by such Holder's ’s acceptance thereof authorizes and directs the Trustee 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 provided in this Article 16 19 and appoints the Trustee such Holder's ’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: First Supplemental Indenture (Cit Group Inc)

Trustee to Effectuate Subordination. Each Holder of Securities or coupons 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 as between such Holder and holders of Senior Indebtedness as provided in this Article 16 and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Northrop Grumman Corp /De/

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 III and appoints the Trustee such Holder's ’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 Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness of the Issuer as provided in this Article 16 Thirteen and appoints the Trustee such Holder's 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 Securities a Security 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 16 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Protection One Alarm Monitoring Inc)

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Fingerhut Companies (Fingerhut Companies Inc)

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 Fifteen and appoints points the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Eog Resources Inc

Trustee to Effectuate Subordination. Each Holder of Securities 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 as between the Holders of the Securities and the holders of Senior Indebtedness the subordination provided in this Article 16 Twelve and appoints the Trustee as such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Walbro Corp

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness of the Issuers as provided in this Article 16 Thirteen and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Triton Energy Corp

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 and appoints the Trustee such Holder's ’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Partnerre LTD

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 XIII and appoints the Trustee such Holder's ’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 of Securities 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 Section 16 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Pikeville National Corp

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 and appoints the Trustee such Holder's attorney-its attorney- in-fact for any and all such purposes.

Appears in 1 contract

Samples: Worldcorp Inc

Trustee to Effectuate Subordination. Each Holder holder of Securities by such Holder's holder’s acceptance thereof authorizes and directs the Trustee on such Holder's holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 16 11 and appoints the Trustee such Holder's holder’s attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Midwest Banc Holdings Inc)

Trustee to Effectuate Subordination. Each Holder of Debt Securities 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 16 XIV and appoints the Trustee 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 Securities by such Holder's his acceptance thereof of this Indenture authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 XV and appoints the Trustee such Holder's 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 Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 Indebtedness as provided in this Article 16 XIV and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Service Corporation International

Trustee to Effectuate Subordination. Each Holder of ----------------------------------- Securities 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 16 XII and appoints the Trustee as such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Nationwide Financial Services Capital Trust

Trustee to Effectuate Subordination. Each Holder of Securities 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 16 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.this

Appears in 1 contract

Samples: Designer Holdings LTD

Trustee to Effectuate Subordination. 68 76 Each Holder of Securities 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 16 XV and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Fw Preferred Capital Trust I

Trustee to Effectuate Subordination. Each Holder of Securities by such Holder's his acceptance thereof authorizes and directs the Trustee on 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 70 77 Senior Indebtedness as provided in this Article 16 Thirteen and appoints the Trustee such Holder's its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Ocean Energy Inc /La/

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!