Common use of AMENDMENTS WITH CONSENT OF NOTEHOLDERS Clause in Contracts

AMENDMENTS WITH CONSENT OF NOTEHOLDERS. Except as otherwise provided in the Series Supplement, the Issuer, the Administrator and the Indenture Trustee, when authorized by an Issuer Order provided by the Servicer, also may, with prior written notice to the Rating Agencies and with the consent of the Holders of not less than a majority of the Outstanding Amount of each Class of Notes affected thereby, by Act of such Holders delivered to the Issuer, the Administrator and the Indenture Trustee, enter into an amendment 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 the Notes under this Indenture; provided, however, that no such amendment shall, without the consent of the Holder of each Outstanding Note affected thereby:

Appears in 2 contracts

Samples: Indenture (HSBC Automotive Trust (USA) 2006-1), Indenture (HSBC Automotive Trust (USA) 2007-1)

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AMENDMENTS WITH CONSENT OF NOTEHOLDERS. Except as otherwise provided in the Series Supplement, the Issuer, the Administrator Issuer and the Indenture Trustee, when authorized by an Issuer Order provided by the Master Servicer, also may, with prior written notice to upon satisfaction of the Rating Agencies Agency Condition and with the consent of the Holders of not less than a majority of the Outstanding Amount of each Class class of Notes affected thereby, by Act of such Holders delivered to the Issuer, the Administrator Issuer and the Indenture Trustee, enter into an amendment 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 the Notes under this Indenture; providedPROVIDED, howeverHOWEVER, that no such amendment shall, without the consent of the Holder of each Outstanding Note affected thereby:

Appears in 2 contracts

Samples: Indenture (Household Auto Receivables Corp), Household Auto Receivables Corp

AMENDMENTS WITH CONSENT OF NOTEHOLDERS. Except as otherwise provided in the Series Supplement, the Issuer, the Administrator Issuer and the Indenture Trustee, when authorized by an Issuer Order provided by the Master Servicer, also may, with prior written notice to upon satisfaction of the Rating Agencies Agency Condition and with the consent of the Holders of not less than a majority of the Outstanding Amount of each Class of Notes affected thereby, by Act of such Holders delivered to the Issuer, the Administrator Issuer and the Indenture Trustee, enter into an amendment 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 the Notes under this Indenture; provided, however, that no such amendment shall, without the consent of the Holder of each Outstanding Note affected thereby:

Appears in 2 contracts

Samples: Household Automotive Trust 2001-1, Household Automotive Trust v Series 2000 2

AMENDMENTS WITH CONSENT OF NOTEHOLDERS. Except as otherwise provided in the Series Supplement, the Issuer, the Administrator Issuer and the Indenture Trustee, when authorized by an Issuer Order provided by the Master Servicer, also may, with prior written notice to upon satisfaction of the Rating Agencies Agency Condition and with the consent of the Holders of not less than a majority of the Outstanding Amount of each Class of Notes affected thereby, by Act of such Holders delivered to the Issuer, the Administrator Issuer and the Indenture Trustee, enter into an amendment 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 the Notes under this Indenture; providedPROVIDED, howeverHOWEVER, that no such amendment shall, without the consent of the Holder of each Outstanding Note affected thereby:

Appears in 2 contracts

Samples: Household Auto Receivables Corp, Household Auto Receivables Corp

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AMENDMENTS WITH CONSENT OF NOTEHOLDERS. Except as otherwise provided in the a Series Supplement, the Issuer, the Administrator Issuer and the Indenture Trustee, when authorized by an Issuer Order provided by the Master Servicer, also may, with prior written notice to upon satisfaction of the Rating Agencies Agency Condition and with the consent of the Holders of not less than a majority of the Outstanding Amount of each Class of Notes affected therebythe Notes, by Act of such Holders delivered to the Issuer, the Administrator Issuer and the Indenture Trustee, enter into an amendment 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 the Notes under this Indenture; provided, however, that no such amendment shall, without the consent of the Holder of each Outstanding Note affected thereby:

Appears in 1 contract

Samples: Servicing Agreement (Household Auto Receivables Corp)

AMENDMENTS WITH CONSENT OF NOTEHOLDERS. Except as otherwise provided in the Series Supplement, the Issuer, the Administrator Issuer and the Indenture Trustee, when authorized by an Issuer Order provided by the Master Servicer, also may, with prior written notice to upon satisfaction of the Rating Agencies Agency Condition and with the consent of the Holders of not less than a majority of the Outstanding Amount of each Class class of Notes affected thereby, by Act of such Holders delivered to the Issuer, the Administrator Issuer and the Indenture Trustee, enter into an amendment 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 the Notes under this Indenture; provided, however, that no such amendment shall, without the consent of the Holder of each Outstanding Note affected thereby:

Appears in 1 contract

Samples: Indenture (Household Automotive Trust Iv Series 2000-1)

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