Certain Consents Required for all Supplemental Indentures Sample Clauses

Certain Consents Required for all Supplemental Indentures. Notwithstanding anything in this Article 8 to the contrary, so long as the Class A-1 Notes and/or the Class A-2 Notes or the Class A-2 Note Insurer, as applicable, are the Controlling Class, the Issuer, the Co-Issuer and the Trustee shall not enter into any supplemental indenture without obtaining the consent of the Holders of a Majority of the Controlling Class (such consent not to be unreasonably withheld); provided that, if the Holders of the Controlling Class or the Class A-2 Note Insurer, as applicable, do not object to such supplemental indenture within fifteen (15) Business Days after notice is given, such Holders shall be deemed to have consented to such supplemental indenture. Notwithstanding anything in this Article 8 to the contrary, the Issuer shall not enter into any such supplemental indenture without the consent of each Hedge Counterparty (such consent not to be unreasonably withheld), and each Hedge Counterparty shall not be bound by any such supplemental indenture unless such Hedge Counterparty shall have given its prior written consent or shall have failed to respond within 15 Business Days after the Issuer or the Trustee has provided it with prior written notice thereof. 190
AutoNDA by SimpleDocs
Certain Consents Required for all Supplemental Indentures. Notwithstanding anything in this Article 8 to the contrary, so long as MBIA is deemed to be the Controlling Class hereunder, the Issuer, the Co-Issuer and the Trustee shall not enter into any supplemental indenture without obtaining the consent of MBIA (such consent not to be unreasonably withheld or delayed); provided that, if MBIA does not object to such supplemental indenture within 14 days after notice is given and all applicable conditions set forth in this Section 8 are satisfied, such Holders will be deemed to have consented to such supplemental indenture.
Certain Consents Required for all Supplemental Indentures. Notwithstanding anything in this Article 8 to the contrary, so long as the Class A-1 Notes are the Controlling Class, the Issuer, the Co-Issuer and the Trustee shall not enter into any supplemental indenture without obtaining the consent of the Holders of a Majority of the Class A-1 Notes (such consent not to be unreasonably withheld); provided that, if the Holders of the Class A-1 Notes do not object to such supplemental indenture within seven (7) days after notice is given, such Holders will be deemed to have consented to such supplemental indenture. 180

Related to Certain Consents Required for all Supplemental Indentures

  • Securities Affected by Supplemental Indentures Securities of any series affected by a supplemental indenture, authenticated and delivered after the execution of such supplemental indenture pursuant to the provisions of this Article or of Section 10.01, may bear a notation in form approved by the Company, provided such form meets the requirements of any securities exchange upon which such series may be listed, as to any matter provided for in such supplemental indenture. If the Company shall so determine, new Securities of that series so modified as to conform, in the opinion of the Board of Directors, to any modification of this Indenture contained in any such supplemental indenture may be prepared by the Company, authenticated by the Trustee and delivered in exchange for the Securities of that series then Outstanding.

  • Supplemental Indentures Without Consent of Bondholders (a) Without the consent of the Holders of any Bonds but with prior notice to the Rating Agencies, the Issuer and the Indenture Trustee, when authorized by an Issuer Request, at any time and from time to time, may enter into one or more indentures supplemental hereto (which shall conform to the provisions of the TIA as in force at the date of the execution thereof), in form satisfactory to the Indenture Trustee, for any of the following purposes:

  • Compliance with Trust Indenture Act; Effect of Supplemental Indentures Any supplemental indenture executed pursuant to the provisions of this Article IX shall comply with the Trust Indenture Act. Upon the execution of any supplemental indenture pursuant to the provisions of this Article IX, this Indenture shall be and be deemed to be modified and amended in accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company and the holders of Securities shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes.

  • Section 901. Supplemental Indentures Without Consent of Holders Without the consent of any Holders, the Company and the Trustee, at any time and from time to time, may enter into one or more indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following purposes:

  • Effect of Supplemental Indentures Upon the execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated and delivered hereunder shall be bound thereby.

  • Supplemental Indentures Without Consent of Noteholders (a) Without the consent of the Holders of any Notes but with prior notice to the Rating Agencies, the Issuer and the Indenture Trustee, when authorized by an Issuer Order, at any time and from time to time, may enter into one or more indentures supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as in force at the date of the execution thereof), in form satisfactory to the Indenture Trustee, for any of the following purposes:

  • SUPPLEMENTAL INDENTURES WITH CONSENT OF DEBENTUREHOLDERS With the consent (evidenced as provided in Section 10.1) of the holders of not less than a majority in aggregate principal amount of the Debentures at the time Outstanding, the Company, when authorized by Board Resolutions, and the Trustee may from time to time and at any time enter into an indenture or indentures supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as then in effect) for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any manner not covered by Section 11.1 the rights of the holders of the Debentures under this Indenture; provided, however, that no such supplemental indenture shall without the consent of the holders of each Debenture then Outstanding and affected thereby, (i) extend the fixed maturity of any Debentures, reduce the principal amount thereof, or reduce the rate or extend the time of payment of interest thereon, without the consent of the holder of each Debenture so affected; or (ii) reduce the aforesaid percentage of Debentures, the holders of which are required to consent to any such supplemental indenture; provided further, that if the Debentures are held by the Trust or a trustee of the Trust, such supplemental indenture shall not be effective until the holders of a majority in liquidation preference of Trust Securities of the Trust shall have consented to such supplemental indenture; provided further, that if the consent of the holder of each Outstanding Debenture is required, such supplemental indenture shall not be effective until each holder of the Trust Securities of the Trust shall have consented to such supplemental indenture. It shall not be necessary for the consent of the Debentureholders affected thereby under this Section 11.2 to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such consent shall approve the substance thereof.

  • Supplemental Indentures and Amendments 43 SECTION 9.01

  • Supplemental Indentures Without Consent of Holders Without the consent of any Holders, the Company, when authorized by a Board Resolution, and the Trustee, at any time and from time to time, may enter into one or more indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following purposes:

  • Supplemental Indentures with Consent of Holders With the consent of the Holders of not less than a majority in principal amount of the Outstanding Securities of each series affected by such supplemental indenture, by Act of said Holders delivered to the Company and the Trustee, the Company, when authorized by a Board Resolution, and the Trustee may enter into an indenture 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 of such series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby,

Time is Money Join Law Insider Premium to draft better contracts faster.