Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series may 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 it, with respect to the Securities of such series. The Trustee, however, may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder or that would involve the Trustee in personal liability.
Appears in 22 contracts
Sources: Indenture (Circus Finance Ii), Indenture (Tele Communications Inc /Co/), Indenture (Tci Communications Financing Iv)
Control by Majority. The Holders of a majority in aggregate principal amount Principal Amount of the outstanding Outstanding Securities of any series may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on it, the Trustee with respect to the Securities of such series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture or that the Trustee determines in good faith is unduly prejudicial to the rights of another Securityholder other Securityholders or that would involve the Trustee in personal liability.
Appears in 21 contracts
Sources: Indenture (Walt Disney Co/), Indenture (Aimco Properties Lp), Indenture (Dun & Bradstreet Corp/Nw)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series of Securities then outstanding may 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 it, it with respect to any default under such series of Securities. However, subject to Section 7.01, the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with any rule of law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Holder of such series of Securities, or that would involve the Trustee in personal liability.
Appears in 13 contracts
Sources: Indenture (Circus Circus Enterprises Inc), Indenture (Circus Circus Enterprises Inc), Indenture (Circus Finance Ii)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series may direct the time, method and place of conducting any proceeding for any remedy with respect to that series available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Holder of Securities of that series, or that would may involve the Trustee in personal liability. The Trustee may take any other action which it deems proper that is not inconsistent with any such direction.
Appears in 13 contracts
Sources: Subordinated Indenture (Midwest Banc Holdings Inc), Senior Indenture (Midwest Banc Holdings Inc), Indenture (Guitar Center Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series a Series may 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 it, it with respect to the Securities of such seriesSeries. The Trustee, however, may refuse to follow any direction (i) that conflicts with law or this Indenture, that (ii) that, subject to Section 7.01, the Trustee determines is unduly prejudicial to the rights of another Securityholder other Securityholders, or (iii) that would involve the Trustee in personal liability.
Appears in 12 contracts
Sources: Indenture (Beazer Homes Usa Inc), Indenture (Key Production Co Inc), Indenture (MDC Holdings Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series then Outstanding may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it, it with respect to the Securities of such that series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of Securities of that series or to the Holders of the Securities of any other series or that would may involve the Trustee in personal liability.
Appears in 11 contracts
Sources: Indenture (BRMK Management, Corp.), Indenture (BRMK Management, Corp.), Indenture (Ventas Realty Limited Partnership)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series each Series affected (with each Series treated as a separate class) may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of the Securities of all Series so affected or that would may involve the Trustee in personal liability.
Appears in 10 contracts
Sources: Indenture (Gray Television Licensee, LLC), Indenture (WVLT-TV, Inc.), Indenture (Toreador Resources Corp)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of such Securities or that would may involve the Trustee in personal liability.
Appears in 8 contracts
Sources: Indenture (Lifepoint Health, Inc.), Indenture (West Virginia Management Services Organization, Inc.), Indenture (West Virginia Management Services Organization, Inc.)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any a series may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on it, it with respect to the Securities of such that series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, or, subject to Section 7.01, that the Trustee determines is unduly prejudicial to the rights of another Securityholder other Holders of Securities of the same series or that would involve the Trustee in personal liability.
Appears in 8 contracts
Sources: Indenture (Lockheed Martin Corp), Indenture (Lockheed Martin Corp), Indenture (Lockheed Martin Corp)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Outstanding Securities of any series may 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 it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Securityholders not joining in such direction, or that would involve the Trustee in personal liability.
Appears in 6 contracts
Sources: Indenture (Transition Auto Finance Ii Inc), Indenture (Transition Auto Finance Iii Inc), Indenture (Transition Auto Finance Iii Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series may direct the time, method and place of conducting any proceeding for any remedy with respect to that series available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Holder of Securities of that series, or that would may involve the Trustee in personal liability. The Trustee may take any other action which it deems proper which is not inconsistent with any such direction.
Appears in 6 contracts
Sources: Indenture (Advanced Micro Devices Inc), Indenture (Advanced Micro Devices Inc), Indenture (Getchell Gold Corp)
Control by Majority. The With respect to any series of Securities, Holders of a majority in aggregate principal amount of the then outstanding Securities of any that series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of Securities of any series or that would may involve the Trustee in personal liability.
Appears in 6 contracts
Sources: Indenture (Northwest Biotherapeutics Inc), Indenture (Northwest Biotherapeutics Inc), Indenture (Iveda Solutions, Inc.)
Control by Majority. The With respect to the Securities of any series, the Holders of a majority in aggregate principal amount of the then outstanding Securities of any that series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of that series or that would may involve the Trustee in personal liability.
Appears in 6 contracts
Sources: Indenture (PureCycle Technologies, Inc.), Indenture (PureCycle Technologies, Inc.), Indenture (Graftech International LTD)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series a Series may 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 it, it with respect to such Series. However, the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Securityholder, or that would involve the Trustee in personal liability.
Appears in 6 contracts
Sources: Indenture (Toll Brothers Inc), Indenture (Toll Corp), Indenture (Toll Brothers Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any a series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of Securities of a series or that would may involve the Trustee in personal liability.
Appears in 5 contracts
Sources: Indenture (Suburban Propane Partners Lp), Indenture (Suburban Propane Partners Lp), Indenture (Suburban Propane Partners Lp)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series each Series affected (with each such Series voting as a class) may direct the time, method method, and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Indenture or that would involve the Trustee in personal liability.
Appears in 4 contracts
Sources: Indenture (U S West Inc /De/), Indenture (Alliant Energy Corp), Indenture (U S West Inc /De/)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series each Series affected (with each Series treated as a separate class) may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of the Securities of such Series so affected or that would may involve the Trustee in personal liability.
Appears in 4 contracts
Sources: Indenture (Americredit Financial Services Inc), Indenture (Americredit Financial Services Inc), Indenture (Americredit Financial Services Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series a Series may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on it, it with respect to that Series. However, the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, or, subject to Section 7.1, that the Trustee determines is unduly prejudicial to the rights of another Securityholder other Holders of Securities of the same Series or that would involve the Trustee in personal liability.
Appears in 4 contracts
Sources: Indenture (Martin Marietta Materials Inc), Indenture (Martin Marietta Materials Inc), Indenture (Martin Marietta Materials Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series then Outstanding may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee with respect to such series, or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of the Securities of that series, or that would may involve the Trustee in personal liability.
Appears in 4 contracts
Sources: Indenture (Amerigas Partners Lp), Indenture (Amerigas Finance Corp), Indenture (Amerigas Partners Lp)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series each Series affected (with each such Series voting as a class) may 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 it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder the Securityholders of all Series so affected, or that would involve the Trustee in personal liability.
Appears in 3 contracts
Sources: Indenture (New York Telephone Co), Indenture (Bell Atlantic New Jersey Inc), Indenture (Bell Atlantic Pennsylvania Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series may 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 it, with respect to including, without limitation, any remedies provided for in Section 6.3. However, the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law law, the Securities or this Indenture, or that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder or that would may involve the Trustee in personal liability.
Appears in 3 contracts
Sources: Indenture (Big Flower Press Holdings Inc /Pred/), Indenture (Big Flower Press Holdings Inc), Indenture (Big Flower Holdings Inc/)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series Series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee for such Securities or exercising any trust or power conferred on it. However, with respect to the Trustee for any Series of Securities of such series. The Trustee, however, may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is such Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of such Securities or that would may involve the Trustee in personal liability.
Appears in 3 contracts
Sources: Indenture (CNO Financial Group, Inc.), Indenture (Visteon European Holdings, Inc.), Indenture (Neo Freehold-Gen LLC)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any a series may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or of power conferred on it, it with respect to the Securities of such that series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, or, subject to Section 7.1, that the Trustee determines is unduly prejudicial to the rights of another Securityholder other Holders of Securities of the same series or that would involve the Trustee in personal liability.
Appears in 3 contracts
Sources: Indenture (Martin Marietta Materials Inc), Indenture (Martin Marietta Materials Inc), Indenture (Martin Marietta Materials Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities Principal Amount of any series of then outstanding Securities may 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 it, it with respect to any default under such series of Securities. However, subject to Section 7.01, the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with any rule of law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Holder of such series of Securities, or that would involve the Trustee in personal liability.
Appears in 3 contracts
Sources: Indenture (Mirage Resorts Inc), Indenture (Mirage Resorts Inc), Indenture (Mirage Resorts Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any a series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture or that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder or that would involve the Trustee in personal liabilityother Holders of Securities of such series.
Appears in 3 contracts
Sources: Indenture (Access Midstream Partners Lp), Indenture (Access Permian Midstream LLC), Indenture (Chesapeake MLP Operating LLC)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series a Series may 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 it, the Trustee with respect to the Securities of such seriesSeries. The Trustee, however, may refuse to follow any direction (i) that conflicts with law or this Indenture, that (ii) that, subject to Section 7.01, the Trustee determines is unduly prejudicial to the rights of another Securityholder other Holders, or (iii) that would involve the Trustee in personal liability.
Appears in 3 contracts
Sources: Indenture (Toll Brothers Inc), Indenture (Toll Brothers Inc), Indenture (Toll Brothers Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it, with respect it relating to the Securities of such that series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of Securities of that series or that would may involve the Trustee in personal liability.
Appears in 3 contracts
Sources: Indenture (Amkor International Holdings, LLC), Indenture (Amkor Technology Inc), Indenture (Amkor Technology Inc)
Control by Majority. The Holders of at least a majority in aggregate principal amount of the outstanding Securities securities of any series may 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 it. However, with respect to the Securities of such series. The Trustee, however, trustee may refuse to follow any direction that conflicts with law or this Indentureindenture, that is the trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders or that would may involve the Trustee trustee in personal liability. The trustee may take any other action which it deems proper which is not inconsistent with any such direction.
Appears in 2 contracts
Sources: Indenture (Lear Corp /De/), Indenture (Lear Corp /De/)
Control by Majority. The Holders of a majority in aggregate principal amount Principal Amount of the outstanding Outstanding Securities of any series may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on it, the Trustee with respect to the Securities of such series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with 37 law or this Indenture, Indenture or that the Trustee determines in good faith is unduly prejudicial to the rights of another Securityholder other Securityholders or that would involve the Trustee in personal liability.
Appears in 2 contracts
Sources: Indenture (Dc Holdco Inc), Indenture (Dc Holdco Inc)
Control by Majority. The Subject to Section 6.06, the Holders of a majority in aggregate principal amount of the outstanding Securities of any a series may will have the right to direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or of exercising any trust or power conferred on it, the Trustee with respect to such series and the Securities Trustee may act at the direction of such seriesthe Holders without liability. The Trustee, however, may refuse to follow any direction that conflicts with law or this Indenture, Indenture or that the Trustee determines is unduly prejudicial to the rights of another Securityholder any other Holder of a Security of such series or that would involve the Trustee in personal liability.
Appears in 2 contracts
Sources: Base Indenture (Dell Technologies Inc.), Base Indenture (Dell International L.L.C.)
Control by Majority. The Holders of not less than a majority in aggregate principal amount of the outstanding Outstanding Securities of any each series may affected (with each such series voting as a class) 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 it, it with respect to the Securities of such that series. The Trustee; provided, however, that (i) the Trustee may refuse to follow any direction that conflicts with any governmental rule or law or this Indenture, that is unduly prejudicial to the rights of another Securityholder or that would involve (ii) the Trustee in personal liability.may refuse to follow any
Appears in 2 contracts
Sources: Senior Indenture (Allied Waste Industries Inc), Senior Indenture (Allied Waste Industries Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series may 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 it, with respect to the Securities of such series. The Trustee, however, may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder or that would involve the Trustee in personal liability.. 37
Appears in 2 contracts
Sources: Indenture (Tci Communications Inc), Indenture (Tele Communications Inc /Co/)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series Series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it, it with respect to that Series. However, the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this IndentureIndenture or, subject to Section 7.01, that is unduly the Trustee determines may be prejudicial to the rights of another Securityholder any other Holder of Securities of that Series or that would may involve the Trustee in personal liability.
Appears in 2 contracts
Sources: Indenture (American Real Estate Finance Corp.), Indenture (American Real Estate Finance Corp.)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series a Series may 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 it, it with respect to the Securities of such seriesSeries. The Trustee, however, may refuse to follow any direction (i) that conflicts with law or this Indenture, that (ii) that, subject to Section 7.01, the Trustee determines is unduly prejudicial to the rights of another Securityholder other Securityholders or (iii) that would involve the Trustee in personal liability.
Appears in 2 contracts
Sources: Indenture (Standard Pacific Corp /De/), Indenture (Standard Pacific Corp /De/)
Control by Majority. The Holders of a majority in aggregate principal Principal amount of the outstanding Securities of any series each Series affected (with each such Series voting as a class) may 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 it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Indenture or that would involve the Trustee in personal liability.
Appears in 2 contracts
Sources: Indenture (Usa Education Inc), Indenture (Usa Education Inc)
Control by Majority. The Holders of a majority in aggregate principal Principal amount of the outstanding Securities of any series Series may direct the time, method and place of conducting any proceeding for any remedy of any Series available to the Trustee or exercising any trust or power conferred on itthe Trustee. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder other Securityholders of such Series, or that would involve the Trustee in personal liabilityliability or expense for which the Trustee has not received a satisfactory indemnity therefor.
Appears in 2 contracts
Sources: Indenture (LKQ Corp), Indenture (Hecla Mining Co/De/)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Outstanding Securities of any series may 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 itthe Trustee, with respect to the Securities of such series. The Trusteeprovided, however, may refuse to follow that:
(a) such direction shall not be in conflict with any direction that conflicts with rule of law or with this Indenture, that is unduly prejudicial to the rights Indenture or any Security of another Securityholder any series or that would involve expose the Trustee in to personal liability; and
(b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction.
Appears in 2 contracts
Sources: Indenture (Cccisg Capital Trust), Indenture (RCN Corp /De/)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding then Outstanding Securities of any series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it, it with respect to the Securities of such that series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of Securities of that series or to the Holders of the Securities of any other series or that would may involve the Trustee in personal liability.
Appears in 1 contract
Sources: Indenture (Brookdale Living Communitites of New York-Gb, LLC)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any a series may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on it, it with respect to the Securities of such that series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, or, subject to Section 7.01, that the Trustee determines is unduly prejudicial to the rights of another Securityholder other Holders of Securities of the same series (provided that the Trustee shall not have an affirmative duty to make such determination) or that would involve the Trustee in personal liability.
Appears in 1 contract
Sources: Indenture (Lockheed Martin Corp)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of Securities or that would may involve the Trustee in personal liability.
Appears in 1 contract
Sources: Indenture (Asia Global Crossing LTD)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series Series then outstanding may 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 it, the Trustee by this Indenture with respect to the Securities of such seriesSeries. The Trustee, however, may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder or that would involve the Trustee in personal liability.direction
Appears in 1 contract
Sources: Indenture (Scenic Outdoor Marketing of Consulting Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the then outstanding Securities of any series may 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 it, it with respect to the Securities of such series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that which conflicts with law or this Indenture, that is Indenture which the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders or that would which may involve the Trustee in personal liability. The Trustee may take any other action which it deems proper which is not inconsistent with any such direction.
Appears in 1 contract
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series then Outstanding may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee with respect to such series, or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of Securities of that series, or that would may involve the Trustee in personal liability.
Appears in 1 contract
Sources: Indenture (Amerigas Finance Corp)
Control by Majority. The Holders of a majority in aggregate principal amount of all the outstanding Securities of any series a Series Outstanding may 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 it, it with respect to the Securities of such seriesSeries. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Securityholder, or that would involve the Trustee in personal liability.
Appears in 1 contract
Control by Majority. The With respect to the Securities of any series, the Holders of a majority in aggregate principal amount of the then outstanding Securities of any such series may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, Indenture that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder other Holders of such series or that would may involve the Trustee in personal liability.
Appears in 1 contract
Sources: Indenture (Warner Chilcott LTD)
Control by Majority. The Holders of a majority in aggregate outstanding principal amount of the outstanding Securities of any all series affected (voting as one class) may 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 it, it with respect to the Securities of such series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder of such series or that any other series, or would involve the Trustee in personal liability.
Appears in 1 contract
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any a series may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or of power conferred on it, it with respect to the Securities of such that series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this Indenture, or, subject to Section 7.01, that the Trustee determines is unduly prejudicial to the rights of another Securityholder other Holders of Securities of the same series or that would involve the Trustee in personal liability.
Appears in 1 contract
Sources: Indenture (Lockheed Martin Corp)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series then Outstanding may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it, it with respect to the Securities of such that series. The TrusteeHowever, however, the Trustee may refuse to follow any direction that conflicts with law or this IndentureIndenture that the Trustee, that is upon advice of counsel, determines may be unduly prejudicial to the rights of another Securityholder other Holders of Securities of that series or to the Holders of the Securities of any other series or that would may involve the Trustee in personal liability.
Appears in 1 contract
Sources: Indenture (Ventas Inc)
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series each Series affected (with each such Series voting as a class) may 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 it. However, with respect to the Securities of such series. The Trustee, however, Trustee may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder Indenture or that would involve the Trustee in personal liability.
Appears in 1 contract
Control by Majority. The Holders of a majority in aggregate principal amount of the outstanding Securities of any series Series then outstanding may 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 it, with respect to the Securities of such series. The Trustee, however, may refuse to follow any direction that conflicts with law or this Indenture, that is unduly prejudicial to the rights of another Securityholder or that would involve the Trustee in personal liability.by this
Appears in 1 contract
Sources: Indenture (Lamar Electrical Inc)
Control by Majority. The Holders of not less than a majority in aggregate principal amount of the outstanding Securities of any such series may 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 it, with respect . Subject to the Securities of such series. The TrusteeSection 7.1, however, the Trustee may refuse to follow any direction that conflicts with any law or this Indenture, that is the Trustee determines may be unduly prejudicial to the rights of another Securityholder of such series, or that would may involve the Trustee in personal liability.
Appears in 1 contract
Sources: Indenture (Clean Harbors Inc)