Common use of Authorization of Holders to Trustee to Effect Subordination Clause in Contracts

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen XVI and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs direct the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities Securities, by his the Holder’s acceptance thereof thereof, authorizes and directs the Trustee on his such Holder’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen and appoints the Trustee his to act as such Holder’s attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities a Security by his acceptance thereof authorizes and directs the Trustee on in his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen Fourteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof thereof, whether upon original issue or upon transfer or assignment, authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen Fourteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen Seventeen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities Securities, by his such Holder's acceptance thereof thereof, authorizes and directs the Trustee on his in such Holder's behalf to take such action as may be necessary or appropriate to effectuate effectuate, as between the Holders of the Securities and the holders of Senior Debt, the subordination as provided in this Article Sixteen Thirteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities Notes by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen Thirteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on in his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen XIII and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen XIV and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his its acceptance thereof authorizes and directs the Trustee on his its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen and appoints the Trustee his its attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities a Security by his acceptance thereof authorizes and directs the Trustee on 113 101 in his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen Fourteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Debt Securities (or of any Coupons) by his acceptance thereof and any Paying Agent (other than the Company) authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities a Note by his acceptance thereof authorizes and directs the Trustee on in his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen 11 and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities Securities, by his such Holder's acceptance thereof thereof, authorizes and directs the Trustee on his in such Holder's behalf to take such action as may be necessary or appropriate to effectuate effectuate, as between the Holders of the Securities and the holders of Senior Debt, the subordination as provided in this Article Sixteen 13 and appoints the Trustee his such Holder's attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen or in an applicable prospectus supplement pursuant to Section 301 and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities Notes by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen Thirteen and appoints the Trustee his attorney-in-fact for any and all such purposes.. 77

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities Securities, by his such Holder's acceptance thereof thereof, authorizes and directs the Trustee on his in such Holder's behalf to take such action as may be necessary or appropriate to effectuate effectuate, as between the Holders of the Securities and the holders of Senior Debt, the subordination as provided in this Article Sixteen and appoints the Trustee his attorney-in-fact for any and all such purposes.provided

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities a Security, by his its acceptance thereof thereof, irrevocably authorizes and directs the Trustee on his its behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen XIII and appoints the Trustee his its attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities a Security by his acceptance thereof authorizes and directs the Trustee on in his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen Fifteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities Securities, by his such Holder's acceptance thereof thereof, authorizes and directs the Trustee on his in such Holder's behalf to take such action as may be necessary or appropriate to effectuate effectuate, as between the Holders of the Securities and the holders of Senior Debt, the subordination as provided in this Article Sixteen 13 and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen Fifteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee and any paying agent on his such holder's behalf to take such action as may be necessary or appropriate to effectuate effectuate, as between the holders of the Securities and the holders of Senior Indebtedness, the subordination as provided in this Article Sixteen Section and appoints the Trustee and any paying agent his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen Eighteen and appoints the Trustee his attorney-in-fact for any and all such purposes.

Authorization of Holders to Trustee to Effect Subordination. Each Holder of Subordinated Securities by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article Sixteen and appoints the Trustee his attorney-in-in- fact for any and all such purposes.