Common use of Trustee to Effectuate Subordination Clause in Contracts

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 77 contracts

Samples: Indenture (Independent Bank Corp), Indenture (Private Bancorp Capital Trust I), Indenture (Independent Capital Trust Iii)

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Trustee to Effectuate Subordination. Each holder Holder of Debentures a Debenture 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 XVI and appoints the Trustee such holderHolder's attorney-in-fact for any and all such purposes.

Appears in 12 contracts

Samples: Indenture (Insignia Financing I), Indenture (Federal Mogul Corp), Indenture (Gentiva Health Services Inc)

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 the Company advises the Trustee in writing is 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 6 contracts

Samples: Indenture (Florida Banks Inc), Indenture (BCSB Bankcorp Inc), Indenture (United Bancorporation of Alabama Inc)

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 XVII and appoints the Trustee such holder's attorney-in-fact for any and all such purposes.

Appears in 6 contracts

Samples: Southside Capital Trust Ii, Ifc Capital Trust Ii, American Bank Inc

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 6 contracts

Samples: Great Southern (Great Southern Capital Trust IV), First Financial (First Financial Capital Trust II), Indenture (Capitol Trust Xv)

Trustee to Effectuate Subordination. Each holder of Debentures a Subordinated 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 XVI VI and appoints the Trustee such holder's attorney-in-fact for any and all such purposes.

Appears in 5 contracts

Samples: First Supplemental Indenture (Telephone & Data Systems Inc), Indenture (Kansas City Power & Light Co), Indenture (TDS Capital Ii)

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 XIII and appoints the Trustee such holder's attorney-in-fact for any and all such purposes.

Appears in 3 contracts

Samples: First Merchants Corp, First Merchants Corp, First Merchants Capital Trust I

Trustee to Effectuate Subordination. Each holder Holder of Debentures a 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 XVI VI and appoints the Trustee as such holder's attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Circus Finance Ii, Circus Finance Ii

Trustee to Effectuate Subordination. Each holder Holder of Debentures a Debenture 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 provided in this Article XVI and appoints the Trustee such holder's his attorney-in-fact for any and all such purposes.

Appears in 2 contracts

Samples: Indenture (Healthcare Realty Trust Inc), Capstone Capital Corp

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 the Company advises the Trustee in writing is 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 (San Rafael Bancorp), Indenture (Alabama National Bancorporation)

Trustee to Effectuate Subordination. Each holder Holder of Debentures a 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 XVI VI and appoints the Trustee as such holder's attorney-in-fact for any and all such purposes. SECTION 6.6.

Appears in 2 contracts

Samples: Circus Finance Ii, Circus Finance Ii

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

Appears in 1 contract

Samples: Indenture (Txi Capital Trust I)

Trustee to Effectuate Subordination. Each holder of Debentures a 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 XVI XIV and appoints the Trustee such holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (Seitel Capital Trust Ii)

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: Southside Capital Trust I

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

Appears in 1 contract

Samples: Indenture (Vib Corp)

Trustee to Effectuate Subordination. Each holder of Debentures a 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 acknowledge or effectuate the subordination provided in this Article XVI XVII and appoints the Trustee such holder's attorney-in-fact for any and all such purposes.

Appears in 1 contract

Samples: Indenture (MortgageIT Holdings, Inc.)

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 tale 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: American Bancorporation Capital Trust I

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