Common use of Agreement and Consent of the Noteholders Clause in Contracts

Agreement and Consent of the Noteholders. The Noteholders are, collectively, the holders of one hundred percent (100%) in aggregate principal amount of the Existing Notes. Subject to the satisfaction of the conditions precedent set forth in Section 4, the Noteholders, by their execution of this Agreement, hereby agree and consent to: (a) the amendment and restatement in their entirety of all of the Existing Agreements by and into this Agreement and (b) the amendment and restatement in their entirety of all of the Existing Notes by the exchange for an equal number of Notes in the form of Exhibit 1 hereto and in an equal outstanding principal amount therefor.

Appears in 2 contracts

Samples: Note Agreement (Stepan Co), Note Agreement (Stepan Co)

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Agreement and Consent of the Noteholders. The Noteholders are, collectively, the holders of one hundred percent (100%) in aggregate principal amount of the Existing Notes. Subject to the satisfaction of the conditions precedent set forth in Section 4, the Noteholders, by their execution of this Agreement, hereby agree and consent to: (a) the amendment and restatement in their entirety of all of the Existing Agreements by and into this Agreement and (b) the amendment and restatement in their entirety of all of the Existing Notes by the exchange for an equal number of Notes in the form forms of Exhibit 1 1(a) and Exhibit 1(b), as appropriate, hereto and in an equal outstanding principal amount therefor.

Appears in 2 contracts

Samples: Note Agreement (Stepan Co), Note Agreement (Stepan Co)

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