Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his acceptance thereof, authorizes and directs the Trustee on his behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 3 contracts
Samples: Levitt Corporation (Levitt Corp), Indenture (Levitt Corp), Indenture (Levitt Corp)
Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his such Holder's acceptance thereof, authorizes and directs the Trustee on his such Holder's behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his such Holder's attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Effectuation of Subordination by Trustee. Each Holder holder of Investment Trust Notes, by his acceptance thereof, authorizes and directs the Trustee on his behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Samples: Transcanada Trust (Transcanada Pipelines LTD), Trust Indenture (TransCanada Trust)
Effectuation of Subordination by Trustee. Each Holder holder of Investment Notes, by his its acceptance thereof, authorizes and directs the Trustee on his its behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his its acceptance thereof, authorizes and directs the Trustee on his its behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article Section 2.15 and appoints the Trustee his its attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: First Supplemental Indenture (Brookfield Asset Management Inc.)
Effectuation of Subordination by Trustee. Each Holder of Investment NotesDebt Securities, by his such Holder’s acceptance thereof, authorizes and directs the Trustee on his such Holder’s behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his such Holder’s attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Indenture (Perma-Pipe International Holdings, Inc.)
Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his acceptance thereof, authorizes and directs the Trustee on in his behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Credit Agreement (Lsi Logic Corp)
Effectuation of Subordination by Trustee. Each Holder of Investment the Notes, by his acceptance thereof, authorizes and directs the Trustee on his behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Time Warner Inc
Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his acceptance thereof, authorizes and directs the Trustee on his behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article II and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Samples: Guaranty (Springleaf Holdings, Inc.)