Effectuation of Subordination by Trustee. Each holder of Subordinated Securities, by his acceptance thereof, authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 7 contracts
Sources: First Supplemental Indenture (Consolidated Edison Co of New York Inc), Indenture (Kansas City Power & Light Co), Indenture (Kansas City Power & Light Co)
Effectuation of Subordination by Trustee. Each holder Holder of Subordinated Securities, by his or her acceptance thereof, authorizes and directs the Trustee in his or her behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Fifteen and appoints the Trustee his or her attorney-in-fact for any and all such purposes.
Appears in 7 contracts
Sources: Subordinated Indenture (Southern First Bancshares Inc), Subordinated Indenture (Entegra Financial Corp.), Subordinated Indenture (Southern First Bancshares Inc)
Effectuation of Subordination by Trustee. Each holder Holder of Subordinated Securities, by his acceptance thereof, authorizes and directs the Trustee in on his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 6 contracts
Sources: Indenture (Citadel Broadcasting Corp), Indenture (Citadel Broadcasting Corp), Indenture (Sina Corp)
Effectuation of Subordination by Trustee. Each holder Holder of Subordinated Debt Securities, by his acceptance thereof, authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 4 contracts
Sources: Indenture (Bre Properties Inc /Md/), Indenture (Bre Properties Inc /Md/), Indenture (Bre Properties Inc /Md/)
Effectuation of Subordination by Trustee. Each holder Holder of Subordinated Securities, by his acceptance thereof, authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Sources: Indenture (Developers Diversified Realty Corp), Indenture (Developers Diversified Realty Corp)
Effectuation of Subordination by Trustee. Each holder Holder of Subordinated Securities, by his his, her or its acceptance thereof, authorizes and directs the Trustee in his his, her or its behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his his, her or its attorney-in-fact fact, as the case may be, for any and all such purposes.
Appears in 2 contracts
Sources: Indenture (Maverick Tube Corporation), Indenture (Maverick Tube Corporation)
Effectuation of Subordination by Trustee. Each holder Holder of Subordinated Securities, by his acceptance thereof, authorizes and directs the Trustee in on his behalf to take such action at the request of the Company as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Sources: Indenture (Levitt Corp)
Effectuation of Subordination by Trustee. Each holder Holder of Subordinated Securities, by his acceptance thereof, authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Seventeen and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract
Sources: Subordinated Indenture (Old Kent Financial Corp /Mi/)
Effectuation of Subordination by Trustee. Each holder of Subordinated Securities, by his acceptance thereof, authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article XIII and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract