Intervention by Trustee. In any judicial proceeding to which the Authority is a party which, in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of Owners of any of the Bonds, the Trustee may intervene on behalf of such Bond Owners, and subject to Section 6.2(1) hereof, shall do so if requested in writing by the Owners of at least twenty five percent (25%) in aggregate principal amount of such Bonds then Outstanding.
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Samples: mccmeetingspublic.blob.core.usgovcloudapi.net, mccmeetingspublic.blob.core.usgovcloudapi.net
Intervention by Trustee. In any judicial proceeding to which the Authority is a party which, and which in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of the Owners of any of the Bonds, the Trustee may may, in the Trustee’s own name, intervene on behalf of such Bond Ownersthe Owners and will, and subject upon receipt of indemnity satisfactory to Section 6.2(1) hereofit, shall do so if requested in writing by the Owners of at least twenty five 25 percent (25%) in aggregate principal amount of such Bonds then Outstanding, if permitted by the court having jurisdiction.
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Samples: Trust Indenture, Trust Indenture
Intervention by Trustee. In any judicial proceeding to which the Authority is a party which, and which in the opinion of the Trustee and its counsel, counsel has a substantial bearing on the interests of Owners holders of any of the BondsBonds issued hereunder, the Trustee may intervene on behalf of such Bond Owners, Bondholders and subject to Section 6.2(1) hereof, shall do so if requested in writing by the Owners holders of at least twenty five percent (25%) in a majority of the aggregate principal amount of such Bonds then Outstandingoutstanding hereunder. The rights and obligations of the Trustee under this Section 11.4 are subject to the approval of the court having jurisdiction in the premises.
Appears in 2 contracts
Samples: Trust Indenture (Entergy Louisiana, LLC), Agreement (Entergy Louisiana, LLC)
Intervention by Trustee. In any judicial proceeding to which the Authority Agency is a party which, in the opinion of the Trustee and its counsel, has a substantial bearing on the interests inter- ests of the Owners of any of the Bonds, the Trustee may intervene on behalf of such Bond Owners, and subject to Section 6.2(18.02(l) hereof, shall do so if requested in writing by the Owners of at least twenty twenty-five percent (25%) in aggregate principal amount of such Bonds then Outstandingthe Bonds.
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Intervention by Trustee. In any judicial proceeding to which the Authority is a party which, in the opinion of the Trustee and its counsel, counsel has a substantial bearing on the interests of the Owners of any of the Bonds, the Trustee may intervene on behalf of such Bond Owners, the Owners of the Bonds and subject to Section 6.2(1) hereof, shall do so if requested in writing by the Owners of at least twenty five percent (25%) % in aggregate principal amount of such Outstanding Bonds then Outstandingand if indemnified as provided in Section 7.01(l) hereof.
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Samples: www.rtd-denver.com
Intervention by Trustee. In any judicial proceeding to which the Authority County is a party which, and which in the opinion of the Trustee and its counsel, counsel has a substantial bearing on the interests of Owners of any the owners of the Bonds, the Trustee may intervene on behalf of such Bond Owners, bondholders and subject to Section 6.2(1) hereof, shall do so if requested in writing by the Owners owners of at least twenty twenty-five percent (25%) in of the aggregate principal amount of such Bonds then Outstandingoutstanding. The rights and obligations of the Trustee under this Section 9.04 are subject to the approval of a court of competent jurisdiction.
Appears in 1 contract
Samples: Mississippi Power & Light Co
Intervention by Trustee. In any judicial proceeding to which the Authority or the County is a party whichthat, in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of Owners of any of the Bonds, the Trustee may intervene on behalf of such Bond Owners, and subject to Section 6.2(1) hereof6.02(c), shall do so if requested in writing by the Owners of at least twenty five percent (25%) % in aggregate principal amount of such Bonds then Outstanding.Outstanding.
Appears in 1 contract
Samples: Indenture
Intervention by Trustee. In The Trustee may intervene on behalf of the Bondholders in any judicial proceeding to which the Authority is a party and which, in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of Owners of any of the Bonds, the Trustee may intervene on behalf of such Bond OwnersBondholders, and subject to Section 6.2(1) hereof, shall do so intervene if it is requested in writing by the Owners holders of at least twenty five percent (25%) % in aggregate requested principal amount of such the Bonds then OutstandingOutstanding and is provided indemnity pursuant to Section 1002. The rights and obligations of the Trustee under this Section 1016 are subject to the approval of a court of competent jurisdiction.
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Intervention by Trustee. In any judicial proceeding to which the Authority is a party which, in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of Owners of any of the Authority Bonds, the Trustee may intervene on behalf of such Bond Owners, and subject to Section 6.2(1) hereof, shall do so if requested in writing by the Owners of at least twenty twenty-five percent (25%) in aggregate principal amount of such Authority Bonds then Outstanding.
Appears in 1 contract
Samples: Indenture of Trust
Intervention by Trustee. In any judicial proceeding to which the Authority is a party which, and which in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of Owners of any of the BondsBondholders, the Trustee may intervene on behalf of such Bond Ownersthe Bondholders and, and subject to Section 6.2(1) hereof10.01(l), shall do so if requested in writing by the Owners holders of at least twenty five percent (25%) % in aggregate principal amount of such Senior Bonds (or if no Senior Bonds are then Outstanding, Senior Subordinate Bonds) then Outstanding.
Appears in 1 contract
Samples: Master Agreement
Intervention by Trustee. In any judicial proceeding to which the Authority or the City is a party whichthat, in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of Owners of any of the Bonds, the Trustee may intervene on behalf of such Bond Owners, and subject to Section 6.2(1) hereof6.02(c), shall do so if requested in writing by the Owners of at least twenty five percent (25%) % in aggregate principal amount of such Bonds then Outstanding.
Appears in 1 contract
Samples: Indenture
Intervention by Trustee. In any judicial proceeding to which the Authority Agency is a party whichthat, in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of Owners of any of the BondsBonds hereunder, the Trustee may intervene on behalf of such Bond Owners, and subject to Section 6.2(1) hereof7.02(c), shall do so if requested in writing by the Owners of at least twenty five percent (25%) % in aggregate principal amount of such Bonds then Outstanding.
Appears in 1 contract
Samples: Indenture
Intervention by Trustee. In any judicial proceeding to which the Authority is a party which, in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of Owners of any of the BondsBonds arising under this Indenture, the Trustee may intervene on behalf of such Bond Owners, and subject to Section 6.2(16.02(l) hereof, shall do so if requested in writing by the Owners of at least twenty twenty-five percent (25%) in aggregate principal amount of such Bonds then Outstanding.
Appears in 1 contract
Samples: Escrow Deposit and Trust Agreement
Intervention by Trustee. In any judicial proceeding to which the Authority is a party which, in the opinion of the Trustee and its counsel, has a substantial bearing on the interests of Owners of any of the Bonds, the Trustee may intervene on behalf of such Bond Owners, and subject to Section 6.2(16.02(1) hereof, shall do so if requested in writing by the Owners of at least twenty five percent (25%) % in aggregate principal amount of such Bonds then Outstanding.
Appears in 1 contract
Samples: Fiscal Agent Agreement
Intervention by Trustee. In any judicial proceeding to which the Authority is a party which, and which in the opinion of the Trustee and its counsel, counsel has a substantial bearing on the interests of Owners of any Holders of the Bonds, the Trustee may intervene on behalf of such Bond Ownersmay, and subject to Section 6.2(1) hereof, shall do so if requested in writing by the Owners Holders of at least twenty twenty-five percent (25%) in of the aggregate principal amount of such Bonds then OutstandingOutstanding shall, intervene on behalf of Bondholders.
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