Common use of Action by Holders Clause in Contracts

Action by Holders. (a) Whenever in this Indenture it is provided that the Holders of a specified percentage in aggregate principal amount at Stated Maturity of the Securities of any or all series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action) the fact that at the time of taking any such action the Holders of such specified percentage have joined therein may be evidenced (A) by any instrument or any number of instruments of similar tenor executed by Holders in person or by agent or proxy appointed in writing, or (B) by the record of the Holders of Securities voting in favor thereof at any meeting of Holders duly called and held in accordance with the provisions of Article Ten, or (C) by a combination of such instrument or instruments and any such record of such a meeting of such Holders.

Appears in 4 contracts

Samples: Indenture (Atlantic Richfield Co /De), Indenture (Betzdearborn Inc), Indenture (Lyondell Chemical Co)

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Action by Holders. (a) Whenever in this Indenture it is provided that the Holders of a specified percentage in aggregate principal amount at Stated Maturity of the Securities of any or all series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action) the fact that at the time of taking any such action the Holders of such specified percentage have joined therein may be evidenced (A) by any instrument or any number of instruments of similar tenor executed by Holders in person or by agent or proxy appointed in writing, or (B) by the record of the Holders of Securities voting in favor thereof at any meeting of Holders duly called and held in accordance with the provisions of Article Ten, Ten or (C) by a combination of such instrument or instruments and any such record of such a meeting of such Holders.

Appears in 3 contracts

Samples: Indenture (Equistar Funding Corp), Indenture (Lyondell Petrochemical Co), Equistar Funding Corp

Action by Holders. (a) Whenever in this Indenture it is provided that the Holders of a specified percentage in aggregate principal amount at Stated Maturity of the Debt Securities of any or all series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action) the fact that at the time of taking any such action the Holders of such specified percentage have joined therein may be evidenced (Aa) by any instrument or any number of instruments of similar tenor executed by such Holders in person or by agent or proxy appointed in writing, or (Bb) by the record of the such Holders of Debt Securities voting in favor thereof at any meeting of such Holders duly called and held in accordance with the provisions of Article TenNine, or (Cc) by a combination of such instrument or instruments and any such record of such a meeting of such Holders. SECTION 8.02.

Appears in 2 contracts

Samples: McDonalds Corp, McDonalds Corp

Action by Holders. (a) Whenever in this Indenture it is provided that the Holders of a specified percentage in aggregate principal amount at Stated Maturity of the Securities of any or all series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action) the fact that at the time of taking any such action the Holders of such specified percentage of the Securities have joined therein may be evidenced (Aa) by any instrument or any number of instruments of similar tenor executed by Holders of the Securities in person or by agent or proxy appointed in writing, or (Bb) by the record of the Holders of the Securities voting in favor thereof at any meeting of such Holders duly called and held in accordance with the provisions of Article Ten, or (Cc) by a combination of such instrument or instruments and any such record of such a meeting of such HoldersHolders of the Securities.

Appears in 1 contract

Samples: Cincinnati Financial Corp

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Action by Holders. (a) Whenever in this Indenture it is provided that the Holders holders of a specified percentage in aggregate principal amount at Stated Maturity of the Debt Securities of any or all series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action) the fact that at the time of taking any such action the Holders of such specified percentage have joined therein may be evidenced (Aa) by any instrument or any number of instruments of similar tenor executed by such Holders in person or by agent or proxy appointed in writing, or (Bb) by the record of the Holders such holders of Debt Securities voting in favor thereof at any meeting of such Holders duly called and held in accordance with the provisions of Article TenNine, or (Cc) by a combination of such instrument or instruments and any such record of such a meeting of such Holders.

Appears in 1 contract

Samples: General Electric Capital Corp

Action by Holders. (a) Whenever in this Indenture it is provided that the Holders of a specified percentage in aggregate principal amount at Stated Maturity of the Debt Securities of any or all series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action) the fact that at the time of taking any such action the Holders of such specified percentage have joined therein may be evidenced (Aa) by any instrument or any number of instruments of similar tenor executed by such Holders in person or by agent or proxy appointed in writing, or (Bb) by the record of the such Holders of Debt Securities voting in favor thereof at any meeting of such Holders duly called and held in accordance with the provisions of Article TenNine, or (Cc) by a combination of such instrument or instruments and any such record of such a meeting of such Holders.

Appears in 1 contract

Samples: McDonalds Corp

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