Control by Majority Sample Clauses

Control by Majority. Holders of a majority in aggregate principal amount of the then outstanding Notes may direct the Trustee in its exercise of any trust or power conferred on it. The Trustee may withhold from Holders of the Notes notice of any Default or Event of Default if it determines that withholding notice is in the Holders interest, except a Default or Event of Default specified in clauses (1) or (2) of Section 6.01 hereto.
Control by Majority. Subject to the terms of the Collateral Trust Agreement, the Holders of a majority in aggregate principal amount of the then outstanding Notes may direct the Trustee in its exercise of any trust or power conferred on itpower. The Trustee may withhold from Holders of the Notes notice of any continuing Default or Event of Default if it determines that withholding notice is in the Holders their interest, except a Default or Event of Default specified in clauses (1) or (2) relating to the payment of Section 6.01 heretoprincipal of, premium on, if any, and interest on, the Notes.
Control by Majority. Holders of a majority in aggregate principal amount of the then outstanding Notes may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee in its exercise of or exercising any trust or power conferred on it. However, the Trustee may refuse to follow any direction that conflicts with law or this Indenture that the Trustee determines may be unduly prejudicial to the rights of other Holders of Notes or that may involve the Trustee in personal liability. The Trustee may withhold from Holders of the Notes notice of any Default or Event of Default if it determines that withholding notice is in the Holders interest, except a Default or Event of Default specified in clauses (1), (2), (9) or (210) of Section 6.01 hereto6.01.
Control by Majority. Holders of a majority in aggregate principal amount of the then outstanding Notes may direct the Trustee in its exercise of any trust or power conferred on itpower. The Trustee may withhold from Holders of the Notes notice of any continuing Default or Event of Default if it determines that withholding notice is in the Holders their interest, except a Default or Event of Default specified in clauses (1) relating to the payment of principal, interest or (2) of Section 6.01 heretoAdditional Amounts or premium, if any, on the Notes.
Control by Majority. Subject to certain limitations, Holders of a majority in aggregate principal amount of the then outstanding Notes may direct the Trustee in its exercise of any trust or power conferred on itpower. The Trustee may withhold from Holders of the Notes notice of any continuing Default or Event of Default if it determines that withholding notice is in the Holders their interest, except a Default or Event of Default specified in clauses (1) relating to the payment of principal, interest or (2) of Section 6.01 heretoAdditional Amounts or premium, if any.
Appears in 1 contract Senior Note (Abengoa Yield Plc),
Control by Majority. Subject to Section 7.01(e), Holders of a majority in aggregate principal amount of the then outstanding Notes may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee in its exercise of or exercising any trust or power conferred on it. However, the Trustee may refuse to follow any direction that conflicts with law or this Indenture that the Trustee determines may be unduly prejudicial to the rights of other Holders of Notes or that may involve the Trustee in personal liability. The Trustee may withhold from Holders of the Notes notice of any Default or Event of Default if it determines that withholding notice is in the Holders interest, except a Default or Event of Default specified in clauses (1) ), (2), (8) or (29) of Section 6.01 hereto6.01.