Changes Requiring Majority Approval Clause Samples

Changes Requiring Majority Approval. Any other change to the indenture and the debt securities would require the following approval: • if the change affects only one series of debt securities, it must be approved by the holders of a majority in principal amount of that series; and • if the change affects more than one series of debt securities issued under the same indenture, it must be approved by the holders of a majority in principal amount of all of the series affected by the change, with all affected series voting together as one class for this purpose. The holders of a majority in principal amount of all of the series of debt securities issued under an indenture, voting together as one class for this purpose, may waive our compliance with some of our covenants in that indenture. However, we cannot obtain a waiver of a payment default or of any of the matters covered by the bullet points included above under “—Changes Requiring Approval.”

Changes Requiring Majority Approval. Except as otherwise described in this Section 8(a), this Agreement, including the terms and conditions of the Securities, may be modified or amended with the written consent of the Holders of at least a majority in aggregate outstanding principal amount of the Outstanding Notes. 29

Changes Requiring Majority Approval. Any other change to the indenture and the Notes would require the following approval: • if the change only affects the Notes, it must be approved by holders of not less than a majority in aggregate principal amount of the outstanding Notes; and • if the change affects more than one series of debt securities issued under the indenture, it must be approved by the holders of not less than a majority in aggregate principal amount of each of the series of debt securities affected by the change. Consent from holders to any change to the indenture or the Notes must be given in writing.

Changes Requiring Majority Approval. Subject to certain exceptions described below under “—Changes Requiring Approval of Each Affected Holder,” the indenture (including the terms and conditions of the notes) may be amended with the written consent or affirmative vote of the holders of at least a majority in aggregate principal amount of the notes then outstanding (including without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, notes), without prior notice to any other holder.

Changes Requiring Majority Approval. The indenture (including the terms and conditions of the Notes) may be modified or amended, except as described above, with the consent or affirmative vote of the holders of a majority in aggregate principal amount of the Notes then outstanding.

Changes Requiring Majority Approval. Any other change to the indenture and the debt securities may require the following approval: • if the change affects only one series of debt securities, it must be approved by the holders of a majority in principal amount of that series; and • if the change affects more than one series of debt securities issued under the same indenture, it must be approved by the holders of a majority in principal amount of all of the series affected by the change, with all affected series voting together as one class for this purpose. The holders of a majority in principal amount of all of the series of debt securities issued under an indenture, voting together as one class for this purpose, may waive our compliance obligations with respect to some of our covenants in that indenture. However, we cannot obtain a waiver of a payment default or of any of the matters covered by the bullet points included above under “Description of Debt Securities — Modification or Waiver — Changes Requiring Approval.” The following provisions will be applicable to each series of debt securities unless we state in the applicable prospectus supplement that the provisions of covenant defeasance and legal defeasance will not be applicable to that series.