Common use of Effectuation of Subordination by Trustee Clause in Contracts

Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his acceptance thereof, authorizes and directs the Trustee 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 3 contracts

Sources: Indenture (Levitt Corp), Indenture (Levitt Corp), Indenture (Levitt Corp)

Effectuation of Subordination by Trustee. Each Holder holder of Investment Trust Notes, by his acceptance thereof, authorizes and directs the Trustee 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 2 contracts

Sources: Trust Indenture (TransCanada Trust), Trust Indenture (Transcanada Pipelines LTD)

Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his its acceptance thereof, authorizes and directs the Trustee on his its 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 Section 2.15 and appoints the Trustee his its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Sources: First Supplemental Indenture (Brookfield Asset Management Inc.)

Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his acceptance thereof, authorizes and directs the Trustee 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: Eighth Supplemental Indenture (AerCap Holdings N.V.)

Effectuation of Subordination by Trustee. Each Holder of Investment the Notes, by his acceptance thereof, authorizes and directs the Trustee 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 (Time Warner Inc)

Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his his/her acceptance thereof, authorizes and directs the Trustee on his its 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 his/her attorney-in-fact for any and all such purposes.

Appears in 1 contract

Sources: Eighth Supplemental Indenture (AerCap Holdings N.V.)

Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his acceptance thereof, authorizes and directs the Trustee on in 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: Credit Agreement (Lsi Logic Corp)

Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his its acceptance thereof, authorizes and directs the Trustee on his its 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 Section 2.16 and appoints the Trustee his its attorney-in-fact for any and all such purposes.

Appears in 1 contract

Sources: Second Supplemental Indenture (BROOKFIELD Corp /On/)

Effectuation of Subordination by Trustee. Each Holder of Investment Notes, by his acceptance thereof, authorizes and directs the Trustee 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 II and appoints the Trustee his attorney-in-fact for any and all such purposes.

Appears in 1 contract

Sources: Guaranty (Springleaf Holdings, Inc.)