Consent of the Majority of Holders. So long as no Rating Agency maintains an effective rating with respect to the Series 2009-1 Notes, the Issuer shall not take, and will cause others acting on behalf of the Issuer to not take, any action that requires satisfaction of the Rating Agency Condition or the consent of the Rating Agencies (or any analogous concept) as a condition precedent unless such action shall have also been approved by the Majority of Holders of the Series 2009-1 Notes.
Appears in 3 contracts
Samples: Second Amended and Restated Series 2009 1 Supplement (TAL International Group, Inc.), Amended and Restated Series 2009 1 Supplement (TAL International Group, Inc.), Indenture Supplement (TAL International Group, Inc.)
Consent of the Majority of Holders. So long as no Rating Agency maintains an effective rating with respect to the Series 20092011-1 Notes, the Issuer shall not take, and will cause others acting on behalf of the Issuer to not take, any action that requires satisfaction of the Rating Agency Condition or the consent of the Rating Agencies (or any analogous concept) as a condition precedent unless such action shall have also been approved by the Majority of Holders of the Series 20092011-1 Notes.
Appears in 1 contract
Samples: Indenture Supplement (TAL International Group, Inc.)
Consent of the Majority of Holders. So long as no Rating Agency maintains an effective rating with respect to the Series 20092008-1 Notes, the Issuer shall not take, and will cause others acting on behalf of the Issuer to not take, any action that requires satisfaction of the Rating Agency Condition or the consent of the Rating Agencies (or any analogous concept) as a condition precedent unless such action shall have also been approved by the Majority of Holders of the Series 20092008-1 Notes.
Appears in 1 contract
Samples: Indenture Supplement (TAL International Group, Inc.)
