Examples of Holder Direction in a sentence
If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to any Series shall be appointed by a Holder Direction and the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment in accordance with Section 5.11, become the successor Trustee with respect to such Series and, to that extent, supersede the successor Trustee appointed by the Company.
If, following a Liquidation Procedures Failure, a replacement Realisation Agent has not been appointed within 60 Business Days of such occurrence, the Security Interests shall become enforceable and the Trustee shall so enforce them (subject to it being secured and/or indemnified and/or prefunded to its satisfaction and subject to its receiving a Holder Direction, Extraordinary Resolution Direction or Agent Direction) in accordance with Condition 5(c) (Enforcement of Security Interests).
The Trustee may be removed at any time with respect to the Securities of a Series by a Holder Direction from the Holders of the Outstanding Securities of such Series delivered to the Trustee and to the Company.
At any time after a declaration of acceleration has been made in respect of an Event of Default with respect to any Series of Securities and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of such affected Series may, by a Holder Direction, rescind and annul such declaration and the consequences of such declaration of acceleration.
The simulated weather conditions for the approach were 900 feet overcast and winds 290° at 11 knots.
The Trustee has received the Holder Direction and Issuer Notice which to the Trustee’s knowledge are the applicable conditions precedent that are required to be satisfied as of the date of this notice of redemption with respect to the Redemption by Liquidation.
If no bid is received by the Realisation Agent on or prior to the No Fault Liquidation Failure Bid End Date from any third party which is greater than zero, the Security Interests shall become enforceable and the Trustee shall so enforce them (subject to it being secured and/or indemnified and/or prefunded to its satisfaction and subject to its receiving a Holder Direction, Extraordinary Resolution Direction or Agent Direction) in accordance with Condition 5(c) (Enforcement of Security Interests).
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For appreciating the above contentions advanced on behalf of the State, it is necessary to consider the terms of the contract which the assessees have entered into with the Food Corporation of India.
At any time after any Security Interests become enforceable, the Trustee may at its discretion and shall, if it has received a Holder Direction, an Extraordinary Resolution Direction or an Agent Direction,enforce the Security Interests constituted by the Trust Deed (in each case, subject to it having been indemnified and/or secured and/or prefunded to its satisfaction).