Common use of Right to Proceed Clause in Contracts

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.

Appears in 10 contracts

Sources: Declaration of Trust (Capstead Mortgage Corp), Declaration of Trust (United National Bancorp), Declaration of Trust (Ecb Bancorp Inc)

Right to Proceed. (a) The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d3.8(e) hereto.

Appears in 7 contracts

Sources: Trust Agreement (Dte Energy Co), Trust Agreement (Apache Corp), Trust Agreement (Detroit Edison Trust I)

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto2.8(d)hereto.

Appears in 4 contracts

Sources: Declaration of Trust (Eurobancshares Inc), Declaration of Trust (First Community Bancorp /Ca/), Declaration of Trust (Center Bancorp Inc)

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.. ARTICLE IV INSTITUTIONAL

Appears in 3 contracts

Sources: Declaration of Trust (Coast Bancorp/Ca), Declaration of Trust (First Community Bancorp /Ca/), Declaration of Trust (First Community Bancorp /Ca/)

Right to Proceed. The Sponsor acknowledges the rights of ---------------- Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.

Appears in 3 contracts

Sources: Declaration of Trust (Community Capital Bancshares Inc), Declaration of Trust (First Banks, Inc), Declaration of Trust (First Banks, Inc)

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d3.8(e) hereto.

Appears in 2 contracts

Sources: Trust Agreement (Kennametal Financing I), Trust Agreement (Dte Energy Co)

Right to Proceed. The Sponsor acknowledges the rights ------------------ of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.

Appears in 1 contract

Sources: Declaration of Trust (First Banks, Inc)

Right to Proceed. The Sponsor acknowledges the rights of ---------------- Holders to institute a Direct Action as set forth in Section 2.8(d) hereto2.8(d)hereto.

Appears in 1 contract

Sources: Declaration of Trust (Prosperity Bancshares Inc)

Right to Proceed. The Sponsor acknowledges the rights of the Holders to institute a Direct Action as set forth in Section 2.8(d3.8(e) hereto.

Appears in 1 contract

Sources: Trust Agreement (Municipal Mortgage & Equity LLC)

Right to Proceed. The Sponsor acknowledges the rights of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.2.8(d)hereto. ARTICLE IV

Appears in 1 contract

Sources: Declaration of Trust (State National Bancshares, Inc.)

Right to Proceed. The Sponsor acknowledges the rights ---------------- of Holders to institute a Direct Action as set forth in Section 2.8(d) hereto.

Appears in 1 contract

Sources: Declaration of Trust (First Banks, Inc)