Common use of Control by Holders of Securities Clause in Contracts

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the Holders of a majority in principal amount of the Outstanding Securities 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 such Securities; provided, however, that

Appears in 6 contracts

Samples: Duke Energy Ohio, Inc., Duke Energy Ohio, Inc., Mdu Resources Group Inc

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Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the Holders of not less than a majority in principal amount of the Securities then Outstanding Securities 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 such Securities; provided, however, that

Appears in 3 contracts

Samples: First Mortgage Indenture (Allegheny Energy, Inc), First Mortgage Indenture (South Jersey Industries Inc), SOUTH JERSEY GAS Co

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the The Holders of not less than a majority in principal amount of the Outstanding Securities 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 such Securities; provided, however, provided that

Appears in 2 contracts

Samples: Southern Investments Uk Capital Trust I, PPL Electric Utilities Corp

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the Holders of a majority in principal amount of the Outstanding Securities 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 such Securities; provided, however, that

Appears in 2 contracts

Samples: Indenture (PPL Capital Funding Inc), PPL Corp

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the Holders of a majority in principal amount of the Securities then Outstanding Securities 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 such Securities; provided, however, that

Appears in 2 contracts

Samples: Nevada Power Co, Nevada Power Co

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the Holders of a majority in principal amount of the Outstanding Securities 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 Securities of such Securitiesseries; provided, however, that

Appears in 2 contracts

Samples: Indenture (PPL Electric Utilities Corp), PPL Electric Utilities Corp

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the Holders of a majority in principal amount of the Securities then Outstanding Securities 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, Trustee with respect to the Securities of such Securitiesseries; provided, however, that

Appears in 1 contract

Samples: Tucson Electric Power Co

Control by Holders of Securities. If an Event of Default shall have occurred and be continuingSubject to Section 6.3(6), the Holders of a majority in aggregate principal amount of the Outstanding Securities shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, Trustee or exercising any trust or power conferred on the Trustee, with respect to such Securities; provided, however, PROVIDED that

Appears in 1 contract

Samples: Indenture (Wind River Systems Inc)

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Control by Holders of Securities. If an Event of Default shall have occurred and be continuingcontinuing in respect of the Securities, the Holders of a majority in principal amount of the Outstanding Securities 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, Trustee with respect to such the Securities; provided, however, that

Appears in 1 contract

Samples: Value Obligation Agreement (Carolina Power & Light Co)

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the The Holders of a majority in aggregate principal amount of the Outstanding Securities (or such lesser amount as shall have acted as a meeting pursuant to the provisions of this Indenture) shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, Trustee or exercising any trust or power conferred on the Trustee, with respect to such Securities; provided, however, thatprovided -------- that ----

Appears in 1 contract

Samples: Comverse Technology Inc/Ny/

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the The Holders of a majority in principal amount of the Outstanding Securities shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, Trustee or exercising any trust or power conferred on the Trustee, with respect to such Securities; provided, however, provided that

Appears in 1 contract

Samples: Indenture (Noble International LTD)

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the The Holders of a majority in principal amount of the Outstanding Securities shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, Trustee or exercising any trust or power conferred on the Trustee, with respect to such Securities; provided, however, PROVIDED that

Appears in 1 contract

Samples: Indenture (Macerich Co)

Control by Holders of Securities. If an Event of Default shall have occurred and be continuing, the The Holders of not less than a majority in principal amount of the Outstanding Securities shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, Trustee or exercising any trust or power conferred on the Trustee, Trustee with respect to such the Securities; provided, however, PROVIDED that:

Appears in 1 contract

Samples: Triquint Semiconductor Inc

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