Common use of Authorization to Effect Subordination Clause in Contracts

Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 5 contracts

Samples: Lease (Getty Images Inc), Indenture (Lattice Semiconductor Corp), International Rectifier Corp /De/

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Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four IV and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 4 contracts

Samples: Corestaff Inc, Iomega Corp, Iomega Corp

Authorization to Effect Subordination. Each holder Holder of a Note Note, by the holder's acceptance thereof thereof, authorizes and directs the Trustee on the holder's Holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's Holder’s attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in Section 504 of the third paragraph of Section 7.2 Base Indenture hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the NotesHolders.

Appears in 4 contracts

Samples: First Supplemental Indenture (Park National Corp /Oh/), First Supplemental Indenture (Enterprise Financial Services Corp), First Supplemental Indenture (First Interstate Bancsystem Inc)

Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 11, and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 6.9 hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 3 contracts

Samples: Indenture (Agere Systems Inc), Indenture (Agere Systems Inc), Indenture (Agere Systems Inc)

Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 4 and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 7.02 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 2 contracts

Samples: LTX Corp, Globespan Inc/De

Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 6, and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 6.2 hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 2 contracts

Samples: Registration Rights Agreement (P Com Inc), P Com Inc

Authorization to Effect Subordination. Each holder of a Note Note, by the holder's its acceptance thereof thereof, authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 2 contracts

Samples: Conexant Systems Inc, Conexant Systems Inc

Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four XI, and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 6.09 hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness Debt or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 2 contracts

Samples: Indenture (Amkor Technology Inc), Amkor International Holdings, LLC

Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 7.02 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 2 contracts

Samples: Kulicke and Soffa (Kulicke & Soffa Industries Inc), Kulicke and Soffa (Kulicke & Soffa Industries Inc)

Authorization to Effect Subordination. Each holder Holder of a Note Notes by the holder's Holder’s acceptance thereof authorizes and directs the Trustee or any Agent on the holder's Holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 6 and appoints the Trustee to act as the holder's Holder’s attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 6.03 hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Secured Senior Indebtedness or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders Holders of the Notes.

Appears in 1 contract

Samples: Indenture (Iconix Brand Group, Inc.)

Authorization to Effect Subordination. Each holder of a Note Note, by the holder's its acceptance thereof thereof, authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four IV and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Indenture (Amazon Com Inc)

Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 4 and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 7.02 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness Debt or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Indenture (Mentor Graphics Corp)

Authorization to Effect Subordination. Each holder of a Note by the holder's ’s acceptance thereof authorizes and directs the Trustee on the holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 4 and appoints the Trustee to act as the holder's ’s attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 7.02 hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Kulicke and Soffa (Kulicke & Soffa Industries Inc)

Authorization to Effect Subordination. Each holder of a ------------------------------------- Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Semtech Corp

Authorization to Effect Subordination. Each holder of a Note Note, by the holder's its acceptance thereof thereof, authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Please Insert Social Security (Brocade Communications Systems Inc)

Authorization to Effect Subordination. Each holder Holder of a Note by the holderHolder's acceptance thereof authorizes and directs the Trustee on the holderHolder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four XII and appoints the Trustee to act as the holderHolder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 12.3 hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders Holders of the Notes.

Appears in 1 contract

Samples: Indenture (Kroll Inc)

Authorization to Effect Subordination. Each holder Holder of a Note Note, by the holder's acceptance thereof thereof, authorizes and directs the Trustee on the holder's Holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's Holder’s attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in Section 504 of the third paragraph of Section 7.2 Base Indenture hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives Representative are hereby authorized to file an appropriate claim for and on behalf of the holders of the NotesHolders.

Appears in 1 contract

Samples: First Supplemental Indenture (Premier Financial Corp)

Authorization to Effect Subordination. Each holder of a Note by the holder's ’s acceptance thereof authorizes and directs the Trustee on the holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 4 and appoints the Trustee to act as the holder's ’s attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third second paragraph of Section 7.2 7.02 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness Obligations or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Indenture (Sepracor Inc /De/)

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Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 4 and appoints the Trustee to act as the holderHolder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 7.02 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior and Senior Subordinated Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Indenture (Dynegy Inc /Il/)

Authorization to Effect Subordination. Each holder Holder of a Note by the holderHolder's acceptance thereof authorizes and directs the Trustee on the holderHolder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 16 and appoints the Trustee to act as the holderHolder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 16.03 hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders Holders of the Notes.

Appears in 1 contract

Samples: Indenture (Compudyne Corp)

Authorization to Effect Subordination. Each holder of a Note by the holder's ’s acceptance thereof authorizes and directs the Trustee on the holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four IV and appoints the Trustee to act as the holder's ’s attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third second paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness Obligations or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Indenture (Sepracor Inc /De/)

Authorization to Effect Subordination. Each holder of a Note Notes, by the holder's acceptance thereof thereof, authorizes and directs the Trustee on the such holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 15, and appoints the Trustee to act as the such holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 6.09 hereof at least thirty (30) 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness (or their Representatives Representatives), are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Standard Management Corp

Authorization to Effect Subordination. Each holder of a Note by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 4 and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third second paragraph of Section 7.2 7.02 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Indenture (Lifepoint Hospitals, Inc.)

Authorization to Effect Subordination. Each holder of a Note Note, by the holder's its acceptance thereof thereof, authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 4 and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Conexant Systems Inc

Authorization to Effect Subordination. Each holder of a Note Note, ------------------------------------- by the holder's its acceptance thereof thereof, authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Riverstone Networks Inc

Authorization to Effect Subordination. Each holder of a Note ------------------------------------- by the holder's acceptance thereof authorizes and directs the Trustee on the holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Viropharma Inc

Authorization to Effect Subordination. Each holder of a Note by the holder's holder"s acceptance thereof authorizes and directs the Trustee on the holder's holder"s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four and appoints the Trustee to act as the holder's attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Indenture (Imclone Systems Inc/De)

Authorization to Effect Subordination. Each holder of a Note Debenture by the holder's ’s acceptance thereof authorizes and directs the Trustee on the holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 4 and appoints the Trustee to act as the holder's ’s attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third paragraph of Section 7.2 8.02 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any 37 Senior Indebtedness or their Representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the NotesDebentures.

Appears in 1 contract

Samples: Wilson Greatbatch (Wilson Greatbatch Technologies Inc)

Authorization to Effect Subordination. Each holder of a Note by the holder's ’s acceptance thereof authorizes and directs the Trustee on the holder's ’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Four 4 and appoints the Trustee to act as the holder's ’s attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in the third second paragraph of Section 7.2 7.02 hereof at least thirty (30) days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their Representatives representatives are hereby authorized to file an appropriate claim for and on behalf of the holders of the Notes.

Appears in 1 contract

Samples: Indenture (Lifepoint Hospitals, Inc.)

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