Common use of Rights of Holders of Majority in Principal Amount of Outstanding Securities to Direct Trustee Clause in Contracts

Rights of Holders of Majority in Principal Amount of Outstanding Securities to Direct Trustee. The Holders of a majority in principal amount of the Outstanding Securities of any series will 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 series, provided that (a) such direction will not be in conflict with any rule of law or with this Indenture and (b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction.

Rights of Holders of Majority in Principal Amount of Outstanding Securities to Direct Trustee. The Holders of a majority in principal amount of the Outstanding Securities of any series will 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 series, provided PROVIDED that (a) such direction will not be in conflict with any rule of law or with this Indenture and (b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction.

Rights of Holders of Majority in Principal Amount of Outstanding Securities to Direct Trustee. The Holders of a majority in principal amount of the Outstanding Securities of any series will have the right to direct the Trustee with respect to the time, method, and place of conducting any proceeding for any remedy available to the Trustee, or exercising Trustee and the exercise of any trust or power conferred on the Trustee, in each case with respect to the Securities of such series, provided PROVIDED that (a) such direction will not be in conflict with any rule of law or with this Indenture and (b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction.

Rights of Holders of Majority in Principal Amount of Outstanding Securities to Direct Trustee. The Holders of a majority in principal amount Principal of the Outstanding Securities of any series will 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 series, provided that (a) such direction will not be in conflict with any rule of law or with this Indenture and (b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction.