Authorization by Holders Sample Clauses

Authorization by Holders. Each Holder of a Security by such Holder's acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 10 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.
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Authorization by Holders. Each Holder by such Holder's acceptance of a Security of any series authorizes and directs the Trustee on such Holder's behalf to take such action as may be necessary or appropriate to effectuate, as between the Holder and the holders of Senior Indebtedness, the subordination provided in this Article 16 and appoints the Trustee such Holder's attorney-in-fact for any and all such purposes.
Authorization by Holders. Each Holder of a Debt Security and holder of a Coupon of any series designated as subordinated pursuant to clause (19) of Section 3.01 by his acceptance thereof authorizes the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article with respect to such series and appoints the Trustee his attorney-in-fact for any and all such purposes.
Authorization by Holders. By their execution hereof, each Holder signatory hereto, constituting the Holders, directs, authorizes and consents to the Agent’s execution of this Amendment.
Authorization by Holders. Each Holder of a Security by such Holdxx'x xcceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article 10 and appoints the Trustee such Holdxx'x xttorney-in-fact for any and all such purposes.
Authorization by Holders. 51 SECTION 10.05.
Authorization by Holders. Each Holder of a Debenture by his acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Thirteen and appoints the Trustee his attorney-in-fact for any and all such purposes.
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Authorization by Holders. 83 Section 16.05 Notices to Trustee...........................................................83 Section 16.06 Trustee's Relation to Senior Indebtedness....................................84 Section 16.07 No Impairment of Subordination...............................................85 Section 16.08 Article 16 Not to Prevent Events of Default..................................85
Authorization by Holders. 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, as between the Holder of the Security and the holders of Senior Debt, the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes including, without limitation, to execute, verify, deliver and file any proofs of claim which any holder of Senior Debt may at any time require in order to prove and realize upon any rights or claims pertaining to the Securities and to effectuate the full benefit of the subordination contained herein. Upon failure of the Trustee so to do, any such holder of Senior Debt shall be deemed to be irrevocably appointed the agent and attorney-in-fact of the Holder to execute, verify, deliver and file any such proofs of claim.
Authorization by Holders. 86 Section 16.05
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