Common use of VOTING OF CLASS A BONDS Clause in Contracts

VOTING OF CLASS A BONDS. The Trustee shall, as the owner and holder of Class A Bonds delivered to and held by it pursuant to this Indenture, attend such meeting or meetings of bondholders under each Class A Mortgage or, at its option, deliver its proxy in connection therewith, as relate to matters with respect to which it, as such holder, is entitled to vote or consent. So long as no Event of Default hereunder shall have occurred and be continuing, either at any such meeting or meetings, or otherwise when the consent of the holders of the Class A Bonds Outstanding under any Class A Mortgage is sought without a meeting, the Trustee shall vote as holder of Class A Bonds Outstanding under such Class A Mortgage, or shall consent with respect thereto, as follows:

Appears in 5 contracts

Samples: Indenture (PPL Electric Utilities Corp), PPL Electric Utilities Corp, Mdu Resources Group Inc

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VOTING OF CLASS A BONDS. The Trustee shall, as the owner and holder of Class A Bonds delivered to and held by it pursuant to this IndentureSections 130 and 131, attend such meeting or meetings of bondholders under each Class A Mortgage or, at its option, deliver its proxy in connection con nection therewith, as relate to matters with respect to which it, as such holder, is entitled to vote or consent. So long as no Event of Default hereunder shall have occurred and be continuing, either at any such meeting or meetings, or otherwise when the consent of the holders of the Class A Bonds Outstanding under any Class A Mortgage is sought without a meeting, the Trustee shall vote as holder of Class A Bonds Outstanding delivered to and held by it pursuant to Sections 130 and 131 which were delivered under such Class A Mortgage, or shall consent with respect thereto, as follows:

Appears in 2 contracts

Samples: Indenture (Arkansas Power & Light Co), Indenture (Louisiana Power & Light Co /La/)

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