Common use of Signed documents Clause in Contracts

Signed documents. All actions which may be taken and all powers that may be exercised by the Noteholders of a Series of Notes or Class of Notes or all applicable Series of Notes, as the case may be, at a meeting of such Series of Notes or Class of Notes or all applicable Series of Notes, as the case may be, held pursuant to this Article Eleven may also be taken and exercised by a document in writing signed in one or more counterparts by all of the Noteholders or by such lesser number of Noteholders holding the percentage of the aggregate unpaid principal amount of the Notes outstanding of such Series of Notes or Class of Notes or all applicable Series of Notes, as the case may be, that is required under the provisions of this Indenture to sanction a particular action or to exercise a particular power. Every such document relating to any or all of such actions or powers shall have the same force and effect as a resolution duly passed at a meeting of the Noteholders of a Series of Notes or Class of Notes or all applicable Series of Notes, as the case may be, called for the purpose of sanctioning such action or exercise of power.