Common use of AMENDMENTS AND SUPPLEMENTAL INDENTURES WITH CONSENT OF HOLDERS Clause in Contracts

AMENDMENTS AND SUPPLEMENTAL INDENTURES WITH CONSENT OF HOLDERS. With the consent of the Holders of not less than a majority in principal amount of all Outstanding Securities affected by such amendment or supplemental indenture, the Issuer, when authorized by or pursuant to a Board Resolution, and the Trustee may enter into one or more amendments hereof or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders of Securities under this Indenture; PROVIDED, HOWEVER, that no such amendment or supplemental indenture shall be entered into unless the Trustee has received written confirmation from each of the Rating Agencies that such action will not, in and of itself, cause the withdrawal, downgrade or qualification of the then current rating of the First Mortgage Bonds or (after the Permitted Merger Date) the unsecured debt of MAALP; and PROVIDED, FURTHER, that no such amendment or supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby:

AMENDMENTS AND SUPPLEMENTAL INDENTURES WITH CONSENT OF HOLDERS. With the written consent of the Holders of not less than a majority in aggregate principal amount of all the Outstanding Securities affected Bonds or by such amendment or supplemental indenturethe adoption of a resolution at a meeting of Holders of Bonds by the Holders of at least a majority of the Outstanding Bonds, the IssuerCompany, when authorized by or pursuant to a Board Resolution, and the Trustee may make modifications and amendments to this Indenture or to the terms and conditions of the Bonds, and future compliance herewith or therewith or past Default by the Company (other than a Default in the payment of any amount, including in connection with redemption, due on the Bonds or in respect of a covenant or provision which cannot be modified or amended without the consent of all the Holders of all Bonds so affected) may be waived, and may enter into one or more amendments hereof or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders of Securities under this IndentureHolders; PROVIDEDprovided, HOWEVERhowever, that no such modification or amendment to the Indenture or supplemental indenture shall be entered into unless to the Trustee has received written confirmation from each terms and provisions of the Rating Agencies that such action will not, in Bonds and of itself, cause the withdrawal, downgrade or qualification of the then current rating of the First Mortgage Bonds or (after the Permitted Merger Date) the unsecured debt of MAALP; and PROVIDED, FURTHER, that no such amendment or supplemental indenture shall, without the consent of or the Holder affirmative vote of each Outstanding Security affected thereby:Bond,