Common use of CONTROL BY HOLDERS OF DEBENTURES Clause in Contracts

CONTROL BY HOLDERS OF DEBENTURES. The Holders of a majority in aggregate principal amount of the Outstanding Debentures of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Debentures of such series, provided that,

Appears in 6 contracts

Samples: Calenergy Capital Trust Vi, K N Capital Trust Iii, K N Capital Trust Ii /De/

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CONTROL BY HOLDERS OF DEBENTURES. The Holders of a majority in aggregate principal amount of the Outstanding Debentures of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Debentures of such seriesDebentures, provided that,

Appears in 4 contracts

Samples: Indenture (Insignia Financing I), Exchange Agreement (Insignia Financial Group Inc /De/), Indenture (Wabash National Corp /De)

CONTROL BY HOLDERS OF DEBENTURES. The Holders of a majority in aggregate principal amount of the Outstanding Debentures of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Debentures of such series; provided, provided that,

Appears in 1 contract

Samples: Indenture (Federal Mogul Corp)

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CONTROL BY HOLDERS OF DEBENTURES. The Holders of a majority in aggregate principal amount of the Outstanding Debentures of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Debentures of such series; PROVIDED, provided that,

Appears in 1 contract

Samples: Lodgian Inc

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