Trustee to Effectuate Subordination. Each Holder of a Security by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Trustee to Effectuate Subordination. Each Holder, by accepting a Note, authorizes and directs the Trustee on its behalf to execute such documentation and to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination between the Holders and the holders of Senior Debt of Holdings or any Guarantor as provided in this Article 12 and appoints the Trustee as attorney-in-fact for any and all such purposes.
Trustee to Effectuate Subordination. Each Holder of Debt Securities or coupons by such Holder's acceptance thereof authorizes and directs the Trustee 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 and appoints the Trustee its attorney-in-fact for any and all such purposes.
Trustee to Effectuate Subordination. Each Holder by accepting a Subordinated Debt Security authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination between the Holders of Subordinated Debt Securities and the holders of Senior Indebtedness as provided in this Article XII and appoints the Trustee as attorney-in-fact for any and all such purposes.
Trustee to Effectuate Subordination. 70 Section 12.15. Trustee Not Fiduciary for Holders of Senior Indebtedness...70 Section 12.16. Reliance by Holders of Senior Indebtedness on Subordination Provisions...................................70 ARTICLE XIII GUARANTEE OF DEBT SECURITIES
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.
Trustee to Effectuate Subordination. 48 Section 15.6. Notice by the Company.................................................................48 Section 15.7. Rights of the Trustee; Holders of Senior Indebtedness.................................49
Trustee to Effectuate Subordination. 69 Section 14.08 No Waiver of Subordination Provisions........................................................69 Section 14.09 Notice to Trustee............................................................................69 Section 14.10 Reliance on Judicial Order or Certificate of Liquidating Agent...............................70 Section 14.11 Trustee Not Fiduciary for Holders of Senior Debt.............................................70 Section 14.12 Rights of Trustee as Holder of Senior Debt; Preservation of Trustee's Rights.................71 Section 14.13 Article Applicable to Paying Agents..........................................................71
Trustee to Effectuate Subordination. 5 Section 12.08. No Waiver of Subordination Provisions.........................5 Section 12.09.
Trustee to Effectuate Subordination. 57 Section 1209. No Waiver of Subordination Provisions........................................................ 57 Section 1210. Notice to Trustee............................................................................ 57
