Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 hereof at least 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 Securities.
Appears in 16 contracts
Sources: Indenture (Symantec Corp), Indenture (Rf Micro Devices Inc), Indenture (Bisys Group Inc)
Authorization to Effect Subordination. Each Holder of a Security 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 5 15 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 Section 5.3 5.4 hereof at least 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 Securities.
Appears in 5 contracts
Sources: Indenture (Sigma Designs Inc), Indenture (Cell Genesys Inc), Indenture (NPS Pharmaceuticals Inc)
Authorization to Effect Subordination. Each Holder holder of a Security 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 5 IV 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 5.3 7.2 hereof at least 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 SecuritiesNotes.
Appears in 4 contracts
Sources: Indenture (Iomega Corp), Indenture (Cymer Inc), Indenture (Iomega Corp)
Authorization to Effect Subordination. Each Holder of a Security Holder, by the acceptance of such Holder's acceptance thereof ’s Securities, authorizes and directs the Trustee on the Holder's such person’s behalf to take such action as may be necessary or appropriate to effectuate the subordination as provided in this Article 5 12 and appoints the Trustee to act as the Holder's such person’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 5.3 hereof 12.03 at least 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness of the Company or their its representatives are hereby authorized to file an appropriate claim for and on behalf of the Holders of the SecuritiesHolders.
Appears in 4 contracts
Sources: Indenture (Belden CDT Inc.), Indenture (Belden CDT Inc.), Indenture (Cable Design Technologies Corp)
Authorization to Effect Subordination. Each Holder of a Security 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 5 Thirteen 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 Section 5.3 5.4 hereof at least 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness of the Company or their representatives Representatives are hereby authorized to file an appropriate claim for and on behalf of the Holders of the Securities.
Appears in 4 contracts
Sources: Indenture (Vantive Corp), Indenture (Cypress Semiconductor Corp /De/), Indenture (Veritas Software Corp)
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 5.03 hereof at least 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 Securities.
Appears in 4 contracts
Sources: Indenture (Verisign Inc/Ca), Indenture (Microchip Technology Inc), Indenture (Xilinx Inc)
Authorization to Effect Subordination. Each Holder of a Security 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 5 Fifteen 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 Section 5.3 503 hereof at least 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 Securities.
Appears in 3 contracts
Sources: Indenture (Quantum Corp /De/), Indenture (Quantum Corp /De/), Reimbursement Agreement (Maxtor Corp)
Authorization to Effect Subordination. Each Holder of a Security 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 5 15 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 Section 5.3 hereof at least 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 Securities.
Appears in 3 contracts
Sources: Indenture (Black Hills Corp /Sd/), Indenture (Black Hills Holding Corp), Indenture (Willbros Group Inc)
Authorization to Effect Subordination. Each Holder holder of a Security 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 5 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 5.3 5.02 hereof at least 30 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 holders of the Securities.
Appears in 2 contracts
Authorization to Effect Subordination. Each Holder of a Security 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 5 15 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 Section 5.3 503 hereof at least 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 Securities.
Appears in 2 contracts
Sources: Indenture (Solectron Corp), Indenture (Solectron Corp)
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 11.03 hereof at least 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 Securities.
Appears in 2 contracts
Authorization to Effect Subordination. Each Holder of a Security 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 5 Thirteen 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 Section 5.3 5.4 hereof at least 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness of the Issuer or their representatives Representatives are hereby authorized to file an appropriate claim for and on behalf of the Holders of the Securities.
Appears in 2 contracts
Sources: Indenture (Atmel Corp), Indenture (Wind River Systems Inc)
Authorization to Effect Subordination. Each Holder of a Security 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 5 10 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 Section 5.3 6.9 hereof at least 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 Securities.
Appears in 2 contracts
Sources: Indenture (Atmel Corp), Indenture (Atmel Corp)
Authorization to Effect Subordination. Each Holder of a Security Securities, 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 5 Thirteen, 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 Section 5.3 5.4 hereof at least 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their representatives Debt are hereby authorized to file an appropriate claim for and on behalf of the Holders of the Securities.
Appears in 2 contracts
Sources: Indenture (Cihc Inc), Second Senior Indenture (Cihc Inc)
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 503 hereof at least 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 Securities.
Appears in 2 contracts
Sources: Subordinated Indenture (Ddi Corp), Subordinated Indenture (Ddi Corp)
Authorization to Effect Subordination. Each Holder of a Security 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 5 15 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 Section 5.3 hereof at least 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 Securities.
Appears in 1 contract
Authorization to Effect Subordination. Each Holder of a Security 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 5 Fourteen 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 Section 5.3 4.2 hereof at least 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 Securities.
Appears in 1 contract
Sources: Subordinated Indenture (Tyco International LTD /Ber/)
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 5.03 hereof at least 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 Securities.
Appears in 1 contract
Sources: Indenture (Penney J C Co Inc)
Authorization to Effect Subordination. Each Holder of a Security by the such 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 5 ARTICLE XIII, 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 Section 5.3 hereof 8.9 at least 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 Securities.
Appears in 1 contract
Sources: Indenture (CTS Corp)
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 6.03 hereof at least 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 Securities.
Appears in 1 contract
Sources: Indenture (Polymedica Corp)
Authorization to Effect Subordination. Each Holder holder of a Security 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 5 VI, 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 Section 5.3 6.02 hereof at least 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 holders of the SecuritiesNotes.
Appears in 1 contract
Authorization to Effect Subordination. Each Holder of a Security 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 5 Fourteen 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 Section 5.3 5.4 hereof at least 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness of the Guarantor or their representatives Representatives are hereby authorized to file an appropriate claim for and on behalf of the Holders of the Securities.
Appears in 1 contract
Sources: Indenture (Atmel Corp)
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 6.09 hereof at least 30 days before the expiration of the time to file such claim, the holders (or their Representative) of any Senior Indebtedness or their representatives of the Company are hereby authorized to file an appropriate claim for and on behalf of the Holders of the SecuritiesNotes.
Appears in 1 contract
Sources: Indenture (Cpi Holding Corp)
Authorization to Effect Subordination. Each Holder of a Security Notes by the Holder's ’s acceptance thereof authorizes and directs the Trustee or any Agent 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 5 6 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 Section 5.3 6.03 hereof at least 30 days before the expiration of the time to file such claim, the holders of any Secured Senior Indebtedness or their representatives are hereby authorized to file an appropriate claim for and on behalf of the Holders of the SecuritiesNotes.
Appears in 1 contract
Sources: Indenture (Iconix Brand Group, Inc.)
Authorization to Effect Subordination. Each Holder of a Security Securityholder, 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 5 5, 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 Section 5.3 8.9 hereof at least 30 days before the expiration of the time to file such claim, the holders of any Designated Senior Indebtedness or their representatives are hereby authorized to file an appropriate claim for and on behalf of the Holders of the SecuritiesSecurityholders.
Appears in 1 contract
Authorization to Effect Subordination. Each Holder of a Security 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 5 15 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 Section 5.3 503 hereof at least 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 Securities.
Appears in 1 contract
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 8.9 hereof at least 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 Securities.
Appears in 1 contract
Sources: Indenture (Emulex Corp /De/)
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 4.03 hereof at least 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 Securities.
Appears in 1 contract
Sources: Indenture (CBIZ, Inc.)
Authorization to Effect Subordination. Each Holder of a Security 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 5 Thirteen 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 Section 5.3 hereof at least 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 Securities.
Appears in 1 contract
Sources: Indenture (Baan Co N V)
Authorization to Effect Subordination. Each Holder of a Security 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 5 15 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 Section 5.3 hereof at least 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 Securities.
Appears in 1 contract
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 hereof at least 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 Securities.
Appears in 1 contract
Sources: Indenture (Cymer Inc)
Authorization to Effect Subordination. Each Holder of a Security and any related Guarantee 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 5 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 Section 5.3 hereof 6.3 at least 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 SecuritiesSecurities and any related Guarantee.
Appears in 1 contract
Sources: Indenture (Daron Coal Company, LLC)
Authorization to Effect Subordination. Each Holder of a Security Securities, 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 5 XIV, 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 Section 5.3 5.4 hereof at least 30 days before the expiration of the time to file such claim, the holders of any Senior Indebtedness or their representatives Debt Representatives are hereby authorized to file an appropriate claim for and on behalf of the Holders of the Securities.
Appears in 1 contract
Sources: Indenture (Bowne & Co Inc)
Authorization to Effect Subordination. Each Holder of a Security 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 5 13 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 Section 5.3 5.04 hereof at least 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 Securities.
Appears in 1 contract
Sources: Indenture (Veritas Software Corp)
Authorization to Effect Subordination. Each Holder of a Security 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 5 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 Section 5.3 SECTION 6.9 hereof at least 30 days before the expiration of the time to file such claim, the holders Holders of any Senior Secured Indebtedness or their representatives are hereby authorized to file an appropriate claim for and on behalf of the Holders of the Securities.
Appears in 1 contract
Sources: Indenture (Medis Technologies LTD)
Authorization to Effect Subordination. Each Holder of a Security 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 5 Twelve 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 Section 5.3 4.2 hereof at least 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 Securities.
Appears in 1 contract
Sources: Subordinated Indenture (Tyco International LTD /Ber/)
Authorization to Effect Subordination. Each Holder of a Security 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 5 Fifteen 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 Section 5.3 4.2 hereof at least 30 days before the expiration of the time to file such claim, the holders of any Guarantor Senior Indebtedness or their representatives are hereby authorized to file an appropriate claim for and on behalf of the Holders of the Securities.
Appears in 1 contract
Sources: Subordinated Indenture (Tyco International LTD /Ber/)