Effectuation of Subordination by Trustee. Each Holder of Trust Notes - Series 2015-A, 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 provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Sources: First Supplemental Indenture (TransCanada Trust), First Supplemental Indenture (Transcanada Pipelines LTD)
Effectuation of Subordination by Trustee. Each Holder of Trust Notes - Series 20152016-A, 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 provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Sources: Second Supplemental Indenture (TransCanada Trust), Second Supplemental Indenture (Transcanada Pipelines LTD)
Effectuation of Subordination by Trustee. Each Holder of Trust Notes - Series 20152019-A, 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 provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Sources: Fifth Supplemental Indenture (TransCanada Trust), Fifth Supplemental Indenture (Transcanada Pipelines LTD)
Effectuation of Subordination by Trustee. Each Holder of Trust Notes - Series 20152017-A, 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 provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 2 contracts
Sources: Third Supplemental Indenture (TransCanada Trust), Third Supplemental Indenture (Transcanada Pipelines LTD)
Effectuation of Subordination by Trustee. Each Holder of Trust Notes - β Series 20152022-A, 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 provided in this Article and appoints the Trustee his attorney-in-fact for any and all such purposes.
Appears in 1 contract