Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 133 contracts
Samples: Preferred Securities Guarantee Agreement, Preferred Securities Guarantee Agreement (Allstate Financing X), Preferred Securities Guarantee Agreement (Navigators Group Inc)
Rights of Holders. (a) The Holders of at least a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 58 contracts
Samples: Guarantee Agreement (Lehman Brothers Holdings Inc), Guarantee Agreement (Lehman Brothers Holdings Inc), Guarantee Agreement (City National Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 43 contracts
Samples: Preferred Securities Guarantee Agreement, Preferred Securities Guarantee Agreement (St. Paul Travelers Capital Trust IV), Preferred Securities Guarantee Agreement (Travelers Capital Trust V)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 38 contracts
Samples: Guarantee Agreement (Washington Mutual Capital Trust 2001), Guarantee Agreement (New York Community Bancorp Inc), Guarantee Agreement (New York Community Bancorp Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Capital Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Capital Guarantee Trustee in respect of this Preferred Capital Securities Guarantee or exercising any trust or power conferred upon the Preferred Capital Guarantee Trustee under this Preferred Capital Securities Guarantee.
Appears in 30 contracts
Samples: Securities Guarantee Agreement (Citigroup Capital XIX), Capital Securities Guarantee Agreement (Citigroup Capital XXII), Securities Guarantee Agreement (Citigroup Capital XXII)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Securities Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Securities Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 26 contracts
Samples: Preferred Securities Guarantee Agreement (American General Corp /Tx/), Preferred Securities Guarantee Agreement (Cox Trust Ii), Preferred Securities Guarantee Agreement (American General Corp /Tx/)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 21 contracts
Samples: Securities Guarantee Agreement (Citicorp), Preferred Securities Guarantee Agreement (Central Parking Corp), Preferred Securities Guarantee Agreement (Designer Holdings LTD)
Rights of Holders. (a) The Subject to Section 5.4(b), the Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 20 contracts
Samples: Preferred Securities Guarantee Agreement (Independent Bank Corp /Mi/), Preferred Securities Guarantee Agreement (First Merchants Capital Trust I), Securities Guarantee Agreement (Ifc Capital Trust Vi)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 19 contracts
Samples: Preferred Securities Guarantee Agreement (Yardville Capital Trust), Preferred Securities Guarantee Agreement (Equitable of Iowa Companies Capital Trust), Securities Guarantee Agreement (MBWM Capital Trust I)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Securities Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Securities Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 18 contracts
Samples: Preferred Securities Guarantee Agreement (ServisFirst Bancshares, Inc.), Preferred Securities Guarantee Agreement (Continental Airlines Finance Trust Iii), Preferred Securities Guarantee Agreement (Sterling Bancshares Inc)
Rights of Holders. (a) The Subject to Section 5.4(b), the Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 15 contracts
Samples: Convertible Preferred Securities Guarantee Agreement (Bridge Bancorp Inc), Preferred Securities Guarantee Agreement (Capitol Trust Xv), Preferred Securities Guarantee Agreement (Capitol Bancorp LTD)
Rights of Holders. (a) The Holders of a Majority in liquidation amount preference of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 14 contracts
Samples: Preferred Securities Guarantee Agreement (Alterra Finance LLC), Securities Guarantee Agreement (Axis Capital Holdings LTD), Preferred Securities Guarantee Agreement (FBL Financial Group Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Capital Securities Guarantee Trustee in respect of this Preferred Capital Securities Guarantee or exercising any trust or power conferred upon the Preferred Capital Securities Guarantee Trustee under this Preferred Capital Securities Guarantee.
Appears in 13 contracts
Samples: Securities Guarantee Agreement (BAC Capital Trust XX), Capital Securities Guarantee Agreement (Bank of America Corp /De/), Capital Securities Guarantee Agreement (Bank of America Corp /De/)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Securities Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Securities Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 13 contracts
Samples: Preferred Securities Guarantee Agreement (MetLife Capital Trust V), Preferred Securities Guarantee Agreement (Dobson Financing Trust), Preferred Securities Guarantee Agreement (Devon Energy Corp/De)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Trust Preferred Guarantee Trustee in respect of this Trust Preferred Securities Guarantee or exercising any trust or power conferred upon the Trust Preferred Guarantee Trustee under this Trust Preferred Securities Guarantee.
Appears in 12 contracts
Samples: Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII), Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII), Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities then outstanding have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 11 contracts
Samples: Preferred Securities Guarantee Agreement (Torchmark Capital Trust III), Preferred Securities Guarantee Agreement (Capital Trust), Preferred Securities Guarantee Agreement (McKesson Financing Trust Iv)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Company Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 11 contracts
Samples: Company Preferred Securities Guarantee Agreement (Abn Amro Bank Nv), Limited Liability Company Agreement (Ubs Preferred Funding Co LLC I), Limited Liability Company Agreement (Ubs Preferred Funding Trust Iii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Trust Preferred Securities Guarantee Trustee in respect of this Trust Preferred Securities Guarantee or exercising any trust or power conferred upon the Trust Preferred Securities Guarantee Trustee under this Trust Preferred Securities Guarantee.
Appears in 10 contracts
Samples: Trust Preferred Securities Guarantee Agreement (Vineyard Statutory Trust X), Trust Preferred Securities Guarantee Agreement (Local Financial Capital Trust I), Trust Preferred Securities Guarantee Agreement (Independent Capital Trust Ii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.Guarantee Agreement; and
Appears in 8 contracts
Samples: Preferred Securities Guarantee Agreement (Bergen Brunswig Corp), Preferred Securities Guarantee Agreement (Sempra Energy Holdings), Securities Guarantee Agreement (Mediaone Finance Trust Vi)
Rights of Holders. (a) The Subject to Section 5.4(b), the Holders of a Majority in liquidation amount Liquidation Amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Trust Preferred Guarantee Trustee in respect of this Trust Preferred Securities Guarantee or exercising any trust or power conferred upon the Trust Preferred Guarantee Trustee under this Trust Preferred Securities Guarantee.
Appears in 7 contracts
Samples: Trust Preferred Securities Guarantee Agreement (Alabama National Bancorporation), Trust Preferred Securities Guarantee Agreement (San Rafael Bancorp), Trust Preferred Securities Guarantee Agreement (Enterprise Financial Services Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities shall have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 7 contracts
Samples: Preferred Securities Guarantee Agreement (RBC Centura Banks Inc), Guarantee Agreement Preferred Securities Guarantee Agreement (Eagle Bancshares Inc), Guarantee Agreement (Sal Trust Preferred Fund I)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Common Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Common Guarantee Trustee in respect of this Preferred Common Securities Guarantee or exercising any trust or power conferred upon the Preferred Common Guarantee Trustee under this Preferred Common Securities Guarantee.
Appears in 7 contracts
Samples: Common Securities Guarantee Agreement (Protective Life Corp), Common Securities Guarantee Agreement (Protective Life Corp), Common Securities Guarantee Agreement (Conseco Financing Trust Vii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.Guarantee Agreement; provided that:
Appears in 6 contracts
Samples: Preferred Securities Guarantee Agreement, Securities Purchase and Exchange Agreement, Preferred Securities Guarantee Agreement (Ally Financial Inc.)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities GuaranteeGuarantee Agreement.
Appears in 6 contracts
Samples: Preferred Securities Guarantee Agreement (HSBC Finance Capital Trust IX), Preferred Securities Guarantee Agreement (Household International Inc), Preferred Securities Guarantee Agreement (Household Capital Trust Vii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Trust Common Securities have the right to direct the time, method and place of the conducting of any proceeding for any remedy available to the Preferred Common Guarantee Trustee in respect of this Preferred Trust Common Securities Guarantee or exercising any trust or power conferred upon the Preferred Common Guarantee Trustee under this Preferred Trust Common Securities Guarantee.
Appears in 6 contracts
Samples: www.sec.gov, Trust Common Securities Guarantee Agreement (American Equity Investment Life Holding Co), Trust Common Securities Guarantee Agreement (American Equity Investment Life Holding Co)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 6 contracts
Samples: Preferred Securities Guarantee Agreement (Comcast Cable Trust Iii), Preferred Securities Guarantee Agreement (Sunoco Inc), Preferred Securities Guarantee Agreement (Phillips Petroleum Co)
Rights of Holders. (a) The Subject to Section 5.4(b), the Holders of a Majority in liquidation amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Trust Preferred Guarantee Trustee in respect of this Trust Preferred Securities Guarantee or exercising any trust or power conferred upon the Trust Preferred Guarantee Trustee under this Trust Preferred Securities Guarantee.
Appears in 5 contracts
Samples: Trust Preferred Securities Guarantee Agreement (Front Range Capital Trust I), Trust Preferred Securities Guarantee Agreement (Prosperity Capital Trust I), Trust Preferred Securities Guarantee Agreement (Front Range Capital Trust I)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities GuaranteeGuarantee Agreement.
Appears in 5 contracts
Samples: Guarantee Agreement (Northwestern Capital Financing I), Guarantee Agreement (Northwestern Corp), Preferred Securities Guarantee Agreement (Northwestern Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 5 contracts
Samples: Securities Guarantee Agreement (Webster Capital Trust Vi), Securities Guarantee Agreement (Washington Water Power Capital Iii), Securities Guarantee Agreement (Washington Water Power Capital Iii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Trust Preferred Guarantee Trustee in respect of this Trust Preferred Securities Guarantee or exercising any trust or power conferred upon the Trust Preferred Guarantee Trustee under this Trust Preferred Securities Guarantee.
Appears in 5 contracts
Samples: Preferred Securities Guarantee Agreement (Enron Capital Trust Ii), Trust Preferred Securities Guarantee Agreement (Capita Preferred Trust), Trust Preferred Securities Guarantee Agreement (Enron Preferred Funding Ii L P)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 5 contracts
Samples: Guarantee Agreement (Ucu Capital Trust I), Guarantee Agreement (Weyerhaeuser Co), Guarantee Agreement (Weyerhaeuser Co)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities GuaranteeGuarantee Agreement.
Appears in 5 contracts
Samples: Guarantee Agreement (Pacific Telesis Financing Iii), Preferred Securities Guarantee Agreement (Southwest Gas Capital I), Guarantee Agreement (Southwest Gas Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Trust Preferred Securities have the right to direct the time, method and place of the conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Trust Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Trust Preferred Securities Guarantee.
Appears in 5 contracts
Samples: Preferred Securities Guarantee Agreement (American Equity Investment Life Holding Co), Preferred Securities Guarantee Agreement (American Equity Investment Life Holding Co), Preferred Securities Guarantee Agreement (Westcoast Hospitality Capital Trust)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities then outstanding have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 4 contracts
Samples: Preferred Securities Guarantee Agreement (Torchmark Capital Trust V), Preferred Securities Guarantee Agreement (Torchmark Corp), Preferred Securities Guarantee Agreement (Ameriprise Financial Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 4 contracts
Samples: Guarantee Agreement (Ingersoll Rand Co), Form of Guarantee Agreement (KBHC Financing I), Guarantee Agreement (Usx Capital Trust I)
Rights of Holders. (a) The Subject to Section 5.4(b), the Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 3 contracts
Samples: Securities Guarantee Agreement (Wintrust Capital Trust I), Securities Guarantee Agreement (Wintrust Capital Trust I), Preferred Securities Guarantee Agreement (Wintrust Financial Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 3 contracts
Samples: Preferred Securities Guarantee Agreement (Kingsway Financial Services Inc), Preferred Securities Guarantee Agreement (Kingsway Financial Services Inc), Preferred Securities Guarantee Agreement (Kingsway Financial Services Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities GuaranteeGuarantee Agreement.
Appears in 3 contracts
Samples: Guarantee Agreement (Great Western Financial Trust Iii), Guarantee Agreement (Great Western Financial Trust I /De/), Guarantee Agreement (Great Western Financial Corp)
Rights of Holders. (a) 1. The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Securities Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Securities Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 3 contracts
Samples: Preferred Securities Guarantee Agreement (Sovereign Capital Trust Iv), Preferred Securities Guarantee Agreement (Sovereign Capital Trust Iv), Preferred Securities Guarantee Agreement (Sovereign Capital Trust Iv)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities GuaranteeAgreement.
Appears in 3 contracts
Samples: Preferred Securities Guarantee (At&t Broadband LLC), Preferred Securities Guarantee (At&t Broadband LLC), Preferred Securities Guarantee (At&t Broadband LLC)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Trust Guarantee Trustee in respect of this Preferred Securities Trust Guarantee or exercising any trust or power conferred upon the Preferred Trust Guarantee Trustee under this Preferred Securities Trust Guarantee.
Appears in 3 contracts
Samples: Trust Preferred Securities Guarantee Agreement (Hawaiian Electric Industries Capital Trust Ii), Trust Preferred Securities Guarantee Agreement (Hawaiian Electric Industries Inc), Trust Preferred Securities Guarantee Agreement (Hawaiian Electric Industries Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities GuaranteeGuarantee Agreement.
Appears in 3 contracts
Samples: Preferred Securities Guarantee Agreement (KCPL Financing Ii), Preferred Securities Guarantee Agreement (TDS Capital Ii), Preferred Securities Guarantee Agreement (Telephone & Data Systems Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.Guarantee Agreement; and
Appears in 3 contracts
Samples: Preferred Securities Guarantee Agreement (Mediaone Finance Trust Ii), Preferred Securities Guarantee Agreement (Mediaone Finance Trust Ii), Preferred Securities Guarantee Agreement (Us West Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities GuaranteeGuarantee Agreement.
Appears in 3 contracts
Samples: Preferred Securities Guarantee Agreement (Telephone & Data Systems Inc), Preferred Securities Guarantee Agreement (KCPL Financing Iii), Preferred Securities Guarantee Agreement (Kansas City Power & Light Co)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 3 contracts
Samples: Guarantee Agreement (Waccamaw Bankshares Inc), Guarantee Agreement (Nexity Financial Corp), Preferred Securities Guarantee Agreement (Centurytel Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Trust Guarantee Trustee in respect of this Preferred Securities Trust Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Trust Guarantee Trustee under this Preferred Securities Trust Guarantee.
Appears in 2 contracts
Samples: Trust Guarantee Agreement (Capmark Finance Inc.), Trust Guarantee Agreement (Lehman Brothers Holdings E-Capital Trust I)
Rights of Holders. (a) The Holders of a Majority majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Securities Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Securities Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Preferred Securities Guarantee Agreement (Dte Energy Co), Preferred Securities Guarantee Agreement (Dte Energy Co)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Securities Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Securities Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Preferred Securities Guarantee Agreement (Illinois Power Co), Preferred Securities Guarantee Agreement (Illinois Power Co)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Convertible Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Convertible Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Convertible Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Securities Guarantee Agreement (Sun Healthcare Group Inc), Securities Guarantee Agreement (Sun Healthcare Group Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities Preference Shares have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Shire PLC, Preference Shares Guarantee Agreement (Shire Pharmaceuticals Group PLC)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Trust Securities shall have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Trust Securities Guarantee Agreement (Abn Amro Bank Nv), Trust Securities Guarantee Agreement (Abn Amro Bank Nv)
Rights of Holders. (a) The Holders of at least a Majority in liquidation amount Liquidation Amount of the Preferred Capital Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Guarantee Agreement (Merrill Lynch Capital Trust II), Guarantee Agreement (Chittenden Capital Trust I)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Common Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Common Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Common Guarantee Trustee under this Preferred Securities Guarantee.Guarantee Agreement; and
Appears in 2 contracts
Samples: Common Securities Guarantee Agreement (Bergen Brunswig Corp), Common Securities Guarantee Agreement (Bergen Brunswig Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Guarantee Agreement (Lehman Brothers Holdings Inc), Guarantee Agreement (Lehman Brothers Holdings Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Trust Preferred Securities Guarantee Agreement (Agl Capital Trust Iii), Preferred Securities Guarantee Agreement (Agl Capital Trust Ii)
Rights of Holders. (a) The Holders of a Majority in aggregate liquidation amount of the Partnership Preferred Securities have the right (i) to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Guarantee Agreement and (ii) on behalf of the Holders of all Partnership Preferred Securities Guaranteeto consent to the waiver of any past default and its consequences.
Appears in 2 contracts
Samples: Partnership Preferred Securities Guarantee Agreement (Citizens Utilities Capital L P), Partnership Preferred Securities Guarantee Agreement (Citizens Utilities Capital L P)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Securities Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.con-
Appears in 2 contracts
Samples: Preferred Securities Guarantee Agreement (Metlife Capital Trust Iii), Preferred Securities Guarantee Agreement (Metlife Capital Trust Iii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Trust Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Trust Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Trust Preferred Securities Guarantee Agreement (CNF Transportation Inc), Trust Preferred Securities Guarantee Agreement (Bay View Capital Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities GuaranteeGuarantee Agreement.
Appears in 2 contracts
Samples: Preferred Securities Guarantee Agreement (Reliastar Financing V), Preferred Securities Guarantee Agreement (Reliastar Financing Ii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 2 contracts
Samples: Preferred Securities Guarantee Agreement (Motorola Inc), Preferred Securities Guarantee Agreement (Kellogg Co)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Guaranty Trustee in respect of this Preferred Securities Guarantee Guaranty or exercising any trust or power conferred upon the Preferred Guarantee Guaranty Trustee under this Preferred Securities GuaranteeGuaranty.
Appears in 1 contract
Samples: Preferred Securities Guaranty Agreement (United Community Bancshares Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of the conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Securities Guarantee Agreement (Frontier Insurance Group Inc)
Rights of Holders. (a) The Subject to Section 3.2(a)(vi), the Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Guarantor Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Unocal Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred LLC Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred LLC Guarantee Trustee in respect of this Preferred Securities LLC Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred LLC Guarantee Trustee under this Preferred Securities LLC Guarantee.
Appears in 1 contract
Samples: LLC Guarantee Agreement (Lehman Brothers Holdings E-Capital Trust I)
Rights of Holders. (a) The Holders of a Majority in original liquidation amount preference of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Feg Holdings Inc)
Rights of Holders. (a) The Holders of a Majority 66 2/3% in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Illinois Power Co)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Guarantor Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Unocal Capital Trust Ii)
Rights of Holders. (a) The Holders of at least a Majority in liquidation amount ------------------- Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Rights of Holders. (a) The If the Preferred Guarantee Trustee fails to enforce this Preferred Securities Guarantee, the Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Independent Capital Trust)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Capital Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Capital Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising to direct the exercise of any trust or power conferred upon the Preferred Capital Guarantee Trustee under this Preferred Securities GuaranteeGuarantee Agreement.
Appears in 1 contract
Samples: Capital Securities Guarantee Agreement (Great Western Financial Trust Iii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Convertible Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Convertible Preferred Securities Guarantee Agreement (Titanium Metals Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities GuaranteeGuarantee Agreement.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Ati Financing Ii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Capital Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Capital Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Capital Securities Guarantee.
Appears in 1 contract
Samples: Securities Guarantee Agreement (Bay View Capital I)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Manager Trustee in respect of enforcing the rights of such class under this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Manager Trustee under this Preferred Securities GuaranteeAgreement.
Appears in 1 contract
Samples: Abn Amro Bank Nv
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this t is Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Designer Holdings LTD)
Rights of Holders. (a) The Holders of at least a Majority in liquidation amount Liquidation Amount of the Preferred Trust Securities have the right to direct the time, method and place of conducting of any proceeding for 19 any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Rights of Holders. (a) The Holders of a Majority in liquidation amount majority of the Preferred outstanding Company Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Guarantee Agreement (Comcast Cable Communications Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (First Preferred Capital Trust Ii)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.Guarantee Agreement; and
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Crown Media Holdings Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Capital Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Capital Securities Guarantee or exercising exercis ing any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Capital Securities Guarantee.
Appears in 1 contract
Samples: Capital Securities Guarantee Agreement (International Paper Co /New/)
Rights of Holders. (a) The Holders of a Majority in liquidation amount preference of the Partnership Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Investment Guarantee Trustee in respect of this Preferred Securities Investment Guarantee or exercising any trust or power conferred upon the Preferred Investment Guarantee Trustee under this Preferred Securities Investment Guarantee including, without limitation, the right to appoint a Special Representative to enforce the obligations of Guarantor under this Investment Guarantee.
Appears in 1 contract
Samples: Guarantee Agreement (Hawaiian Electric Industries Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.. 11
Appears in 1 contract
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Class B Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Abn Amro Bank Nv
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Pre- ferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Commercial Credit Co)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee Holders in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (FBL Financial Group Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.Agreement;
Appears in 1 contract
Samples: Supplemental Preferred Securities Guarantee Agreement (Allstate Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Capital Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Capital Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Capital Securities Guarantee.
Appears in 1 contract
Samples: K N Capital Trust Ii /De/
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.Trustee
Appears in 1 contract
Samples: Guarantee Agreement (PCHC Finance I)
Rights of Holders. (a) The a)The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Securities Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Securities Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Hercules Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Pre- ferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Securities Guarantee Agreement (Noram Energy Corp)
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Asset Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Asset Trust Preferred Guarantee Trustee in respect of this Asset Trust Preferred Securities Guarantee or exercising any trust or other power conferred upon the Asset Trust Preferred Guarantee Trustee under this Asset Trust Preferred Securities Guarantee.
Appears in 1 contract
Samples: Preferred Guarantee Agreement (Allfirst Preferred Capital Trust)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Capital Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.; provided, however, that (subject to -------- -------
Appears in 1 contract
Samples: Agreement (First Banks, Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities shall have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Trust Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Trust Guarantee Trustee in respect of this Preferred Securities Guarantee Trust Guaranty or exercising to direct the exercise of any trust or power conferred upon the Preferred Trust Guarantee Trustee under this Preferred Securities GuaranteeTrust Guaranty.
Appears in 1 contract
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the [Class B] Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Manager Trustee in respect of enforcing the rights of such class under this Preferred Securities Guarantee Agreement or exercising any trust or power conferred upon the Preferred Guarantee Manager Trustee under this Preferred Securities GuaranteeAgreement.
Appears in 1 contract
Samples: Abn Amro Bank Nv
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities have the right to direct the time, method method, and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Rights of Holders. (a) The Holders of a Majority in liquidation amount Liquidation Amount of the Preferred Securities and the Common Securities, each voting as a class separately, have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Samples: Guarantee Agreement (Reinsurance Group of America Inc)
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Capital Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Trustee in respect of this Preferred Securities Guarantee or exercising to direct the exercise of any trust or power conferred upon the Preferred Guarantee Trustee under this Preferred Securities Guarantee.
Appears in 1 contract
Rights of Holders. (a) The Holders of a Majority in liquidation amount of the Preferred Securities have the right to direct the time, method and place of conducting of any proceeding for any remedy available to the Preferred Guarantee Securities Guaranty Trustee in respect of this Preferred Securities Guarantee Guaranty or exercising any trust or power conferred upon the Preferred Guarantee Securities Guaranty Trustee under this Preferred Securities GuaranteeGuaranty.
Appears in 1 contract
Samples: Preferred Securities Guaranty Agreement (ServisFirst Bancshares, Inc.)
