Amendments, Supplements or Waivers with Consent of Holders. The Company, the Trustee and the Securities Administrator may amend the Notes and the Indenture with respect to the Notes as provided in Sections 9.01 and 9.02 of the Base Indenture. Notwithstanding the foregoing provision and in addition to the provisions of Section 9.02 of the Base Indenture, without the consent of each Holder of an outstanding Note affected thereby, no amendment or waiver may: (a) make any change that adversely affects the conversion rights of any of the Notes; or (b) reduce the Redemption Amount of any Note or amend or modify in any manner adverse to the Holders the Company’s obligation to make such redemption, whether through an amendment or waiver of provisions in the covenants, definitions related thereto or otherwise.
Appears in 2 contracts
Samples: Second Supplemental Indenture (ArcelorMittal), Supplemental Indenture (ArcelorMittal)