Amendment of Section 4.01 of the Original Indenture Sample Clauses

Amendment of Section 4.01 of the Original Indenture. Section 4.01 of the Original Indenture is hereby amended in its entirety as follows: (a) The Bonds shall be subject to mandatory tender by the Owners thereof for purchase by the Company, on behalf of the Authority, on each Mandatory Purchase Date. Notwithstanding anything to the contrary in the Indenture, while the Bonds bear interest at the Bank Rate, (i) the Bonds shall be subject to mandatory tender by the Owners thereof for purchase by the Company or ITT Holdings LLC, on behalf of the Company, on the Mandatory Purchase Date on December 5, 2018 and on December 5, 2025, and (ii) the Bonds shall not otherwise be subject to mandatory tender without the prior written consent of the Administrative Agent (at the direction of the requisite lenders pursuant to the terms of the Credit Agreement). (b) Except when the Bonds are subject to mandatory tender on (i) the day immediately following the end of a Calculation Period, (ii) the Business Day immediately following either the failure by the Credit Provider to honor a draw on the Credit Facility or the repudiation of the Credit Facility, (iii) a Conversion Date or (iv) December 5, 2018, the Trustee shall deliver or mail by first class mail a notice in substantially the form of Exhibit C attached hereto at least fifteen (15) days prior to the Mandatory Purchase Date to the Owners of the Bonds at the address shown on the Bond Register. When the Bonds are subject to mandatory tender on the day immediately following the end of a Calculation Period or on December 5, 2018, the Trustee is not required to deliver or mail any notice to the Owners of the Bonds. When the Bonds are subject to mandatory tender on the day following either the failure by the Credit Provider to honor a draw on the Credit Facility or the repudiation of the Credit Facility, the Trustee shall deliver or mail by first class mail (or when the Bonds are in the Book-Entry System, send pursuant to the procedures of the Securities Depository) a notice of mandatory tender in substantially the form of Exhibit C attached hereto not later than 5:00 P.M. on the Business Day on which such failure or repudiation occurs to the Owners of the Bonds at the address shown on the Bond Register. Such notice shall state (i) that the Bonds are subject to mandatory tender, and (ii) the Mandatory Purchase Date, which shall be the Business Day immediately following the failure by the Credit Provider to honor a draw on the Credit Facility or the repudiation of the Credit Fac...
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Related to Amendment of Section 4.01 of the Original Indenture

  • Amendment of Section 4 4. Pursuant to Section 9.2 of the Indenture, Section 4.4(b) of the Indenture is hereby amended and restated in its entirety to read as follows:

  • Amendment of Section 6 14. Section 6.14 of the Credit Agreement is amended to read as follows:

  • Amendment of Section 5 02. The third paragraph following Section 5.02(a)(vi) is hereby replaced in its entirety with the following: On each Distribution Date, the Trustee, subject to Section 5.01, shall distribute to the Holders of the Class SES Certificates, any Ancillary Income, which shall be treated as paid outside the Lower-Tier REMIC and the Upper-Tier REMIC.

  • Amendment of Section 2 9. Section 2.9 of the Agreement is hereby amended to read as follows:

  • Amendment of Section 3 Section 3 of the Employment Agreement is hereby deleted in its entirety and replaced with the following: Term. Unless otherwise terminated in accordance with Sections 8, 9, 10 or 11, the Employment Term shall be for a term ending April 30, 2015. This Agreement shall be automatically renewed for successive additional Employment Terms of one (1) year each unless notice of termination is given in writing by either party to the other party at least thirty (30) days prior to the expiration of the initial Employment Term or any renewal Employment Term.

  • Amendment of Section 7 2.10(f). Clause (iii) of Section 7.2.10(f) of the Credit Agreement is hereby amended and restated in its entirety to the following:

  • Amendment of Section 1.1 Section 1.1 of the Credit Agreement is hereby amended by inserting the following new definitions in the appropriate locations according to alphabetical order, or by amending and restating existing definitions to read as indicated, as applicable:

  • Amendment of Section 8 15(b). Section 8.15(b) of the Existing Credit Agreement is hereby amended in its entirety to read as follows:

  • Amendment of Section 10 1. Section 10.1 of the Note Agreement is amended to read in its entirety as follows:

  • Amendment of Section 1 Section 1 of the Rights Agreement is supplemented to add the following definitions in the appropriate locations:

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