Common use of Amendment Without Consent of Holders Clause in Contracts

Amendment Without Consent of Holders. Without the consent of any Holders or the holders of any Separate Trust Preferred Securities, the Company, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, at any time and from time to time, may amend this Agreement, in form satisfactory to the Company, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, for any of the following purposes: (1) to evidence the succession of another Person to the Company, and the assumption by any such successor of the covenants of the Company; or (2) to add to the covenants of the Company for the benefit of the Holders, or to surrender any right or power herein conferred upon the Company so long as such covenants or such surrender do not adversely affect the validity, perfection or priority of the security interests granted or created hereunder; or (3) to evidence and provide for the acceptance of appointment hereunder by a successor Collateral Agent, Securities Intermediary or Purchase Contract Agent; or (4) to cure any ambiguity, to correct or supplement any provisions herein which may be inconsistent with any other such provisions herein, or to make any other provisions with respect to such matters or questions arising under this Agreement, provided such action shall not adversely affect the interests of the Holders.

Appears in 2 contracts

Samples: Pledge Agreement (Semco Energy Inc), Pledge Agreement (PCHC Finance I)

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Amendment Without Consent of Holders. Without the consent of any Holders or the holders of any Separate Trust Preferred SecuritiesHolders, the Company, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, at any time and from time to time, may amend this Agreement, in form satisfactory to the Company, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, for any of the following purposes: (1i) to evidence the succession of another Person to the Company, and the assumption by any such successor of the covenants of the CompanyCompany herein; or (2ii) to add to the covenants of the Company for the benefit of the Holders, or to surrender any right or power herein conferred upon the Company so long as such covenants or such surrender do not adversely affect the validity, perfection or priority of the security interests granted or created hereunder; or (3iii) to evidence and provide for the acceptance of appointment hereunder by a successor Collateral Agent, Custodial Agent, Securities Intermediary or Purchase Contract Agent; or (4iv) to cure any ambiguity, to correct or supplement any provisions herein which may be inconsistent with any other such provisions herein, or to make any other provisions with respect to such matters or questions arising under this Agreement, provided such action shall not adversely affect the interests of the Holders.

Appears in 2 contracts

Samples: Pledge Agreement (Ameren Capital Trust Ii), Pledge Agreement (Ameren Corp)

Amendment Without Consent of Holders. Without the ------------------------------------ consent of any Holders or the holders of any Separate Trust Preferred SecuritiesSenior Notes, the CompanyCompany when authorized by or pursuant to a Board Resolution (as defined in the Purchase Contract Agreement), the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, at any time and from time to time, may amend this Agreement, in form satisfactory to the Company, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, for any of the following purposes: (1a) to evidence the succession of another Person to the Company, and the assumption by any such successor of the covenants of the Company; or (2b) to add to the covenants of the Company for the benefit of the Holders, or to surrender any right or power herein conferred upon the Company so long as such covenants or such surrender do not adversely affect the validity, perfection or priority of the security interests granted or created hereunderCompany; or (3c) to evidence and provide for the acceptance of appointment hereunder by a successor Collateral Agent, Custodial Agent, Securities Intermediary or Purchase Contract Agent; or (4d) to cure any ambiguity, to correct or supplement any provisions herein which may be inconsistent with any other such provisions herein, or to make any other provisions with respect to such matters or questions arising under this Agreement, provided such action shall not adversely affect the interests of the HoldersHolders in any material respect.

Appears in 1 contract

Samples: Pledge Agreement (Duke Energy Corp)

Amendment Without Consent of Holders. Without the consent of any Holders or the holders of any Separate Trust Preferred SecuritiesHolders, the Company, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, at any time and from time to time, may amend this Agreement, in form satisfactory to the Company, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, for any of the following purposes: (1i) to evidence the succession of another Person to the Company, and the assumption by any such successor of the covenants of the Company; orCompany herein; (2ii) to add to the covenants of the Company for the benefit of the Holders, or to surrender any right or power herein conferred upon the Company so long as such covenants or such surrender do not adversely affect the validity, perfection or priority of the security interests granted or created hereunder; or; (3iii) to evidence and provide for the acceptance of appointment hereunder by a successor Collateral Agent, Custodial Agent, Securities Intermediary or Purchase Contract Agent; or (4iv) to cure any ambiguity, to correct or supplement any provisions herein which may be inconsistent with any other such provisions herein, or to make any other provisions with respect to such matters or questions arising under this Agreement, provided such action shall not adversely affect the interests of the Holders.

Appears in 1 contract

Samples: Pledge Agreement (State Street Corp)

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Amendment Without Consent of Holders. Without the consent of any Holders or the holders of any Separate Trust Preferred SecuritiesSenior Notes, the CompanyCompany when authorized by or pursuant to a Board Resolution, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, at any time and from time to time, may amend this Agreement, in form satisfactory to the Company, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Purchase Contract Agent, for any of the following purposes: (1a) to evidence the succession of another Person to the Company, and the assumption by any such successor of the covenants of the Company; or; (2b) to add to the covenants of the Company for the benefit of the Holders, or to surrender any right or power herein conferred upon the Company so long as such covenants or such surrender do not adversely affect the validity, perfection or priority of the security interests granted or created hereunder; orCompany; (3c) to evidence and provide for the acceptance of appointment hereunder by a successor Collateral Agent, Custodial Agent, Securities Intermediary or Purchase Contract Agent; or (4d) to cure any ambiguity, to correct or supplement any provisions herein which may be inconsistent with any other such provisions herein, or to make any other provisions with respect to such matters or questions arising under this Agreement, provided such action shall not adversely affect the interests of the HoldersHolders in any material respect.

Appears in 1 contract

Samples: Pledge Agreement (Centurytel Inc)

Amendment Without Consent of Holders. Without the consent of any Holders or the holders of any Separate Trust Preferred SecuritiesHolders, the Company, when duly authorized, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Stock Purchase Contract Agent, at any time and from time to time, may amend this Agreement, in form satisfactory to the Company, the Collateral Agent, the Custodial Agent, the Securities Intermediary and the Stock Purchase Contract Agent, for any of the following purposesto: (1a) to evidence the succession of another Person to the Company, Company and the assumption by any such successor of the covenants of the Company; or; (2b) to evidence and provide for the acceptance of appointment hereunder by a successor Collateral Agent, Custodial Agent, Securities Intermediary or Stock Purchase Contract Agent; (c) add to the covenants of the Company for the benefit of the Holders, or to surrender any right or power herein conferred upon the Company so long as Company, provided that such covenants or such surrender do not adversely affect the validity, perfection or priority of the security interests granted or Pledge created hereunder; or; (3d) to evidence and provide for the acceptance of appointment hereunder by a successor Collateral Agent, Securities Intermediary or Purchase Contract Agent; or (4) to cure any ambiguityambiguity (or formal defect), to correct or supplement any provisions herein which may be inconsistent with any other another such provisions herein, or to ; or (e) make any other provisions with respect to such matters or questions arising under this Agreement, provided that such action shall not adversely affect the interests of the HoldersHolders in any material respect.

Appears in 1 contract

Samples: Pledge Agreement (Marshall & Ilsley Corp/Wi/)

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