Holder Action definition

Holder Action has the meaning specified in Section 702(d).
Holder Action means any request, demand, authorization, direction, notice, consent, waiver or other action of any nature or kind given, made or taken, or to be given, made or taken, by one or more Holders under or in respect of this Indenture or any Debt Securities.
Holder Action shall have the meaning provided in Section 2.10.

Examples of Holder Action in a sentence

  • The Trustee shall have no responsibility for the accuracy or completeness of any materials circulated to solicit any Holder Action nor for any related communications nor for the compliance thereof with applicable law.

  • Such Officers' Certificate, if any, shall also certify that (after giving effect to such Holder Action) no Event of Default or event or condition which, with notice or lapse of time or both, would become an Event of Default has occurred and is continuing or has not been waived.

  • The Company hereby covenants that any and all communications and solicitations distributed by it in connection with any Holder Action will comply in all material respects with applicable law, including without limitation applicable law concerning adequacy of disclosure.

  • Such Officers’ Certificate, if any, shall also certify that (after giving effect to such Holder Action) no Event of Default or event or condition which, with notice or lapse of time or both, would become an Event of Default has occurred and is continuing or has not been waived.

  • The Trustee shall have no responsibility for the accuracy or completeness of any materials circulated to solicit any Holder Action or for any related communications or for the compliance thereof with applicable law.

  • The Company hereby covenants that any and all communications and solicitations distributed by it in connection with any Holder Action will comply in all material respects with applicable law, including, without limitation, applicable law concerning adequacy of disclosure.

  • Each of the Company and the Guarantor hereby covenants that any and all communications and solicitations distributed by it in connection with any Holder Action will comply in all material respects with applicable law, including without limitation applicable law concerning adequacy of disclosure.

  • Each of the Issuers and the Guarantor hereby covenants that any and all communications and solicitations distributed by it in connection with any Holder Action will comply in all material respects with applicable law, including without limitation applicable law concerning adequacy of disclosure.

  • Such Holder Action may be given before or after such record date, but only the Holders of record at the close of business on such record date shall be deemed to be Holders for the purpose of determining whether the requisite Holders have authorized or agreed or consented to such Holder Action.

  • Instruments appointing proxies, the particulars of which are forwarded in accordance with the regulations, will confer the same right to vote, and to make, give or take such Holder Action, as though the instruments themselves were produced at the meeting or made, given or taken by the applicable Holder, as the case may be.


More Definitions of Holder Action

Holder Action has the meaning specified in Section 7.02(c).
Holder Action means that A-1 Holders shall vote and take all other reasonable actions necessary to direct Depository Trust Company and WTC, Pass Through Trustee, as Controlling Party, to instruct the Subordination Agent, as holder of the Equipment Notes, to vote all such notes for, and direct the Mortgagee to take, the specified action to effectuate the restructuring contemplated herein, provided that (i) it is understood that, for such purpose the A-1 Holders shall not be required to provide to any trustee or agent any joint and several indemnities or any other indemnities that are not deemed by the holders of Fractional Undivided Interests aggregating a majority in interest in the Class A-1 Trust to be reasonable, (ii) Atlas shall pay all costs and expenses, including reasonable fees of counsel, financial advisors, and aviation consultants, incurred by the A-1 Holders in connection with the taking of any such action, and (iii) Atlas shall indemnify the Pass Through Trustee, the Subordination Agent and the Mortgagee with respect to any matters as to which any of such parties require indemnification in connection with any action taken as contemplated hereby by the A-1 Holders, and such indemnity shall provide that each such party shall seek such indemnity from Atlas before seeking indemnity from the A-1 Holders.
Holder Action shall have the meaning specified in Section 10.02.