Common use of Effect of Supplemental Note Indenture Clause in Contracts

Effect of Supplemental Note Indenture. Upon the execution of any supplemental note indenture pursuant to the provisions hereof, this Note Indenture shall be and be deemed to be modified and amended in accordance therewith with respect to each Class of Notes affected thereby, and the respective rights, limitations of rights, obligations, duties, liabilities and immunities under this Note Indenture of the Note Trustee, the Note Issuer and the Holders of the Notes 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 note indenture shall be and be deemed to be part of the terms and conditions of this Note Indenture for any and all purposes. If required by the Note Trustee, Notes may bear a notation in form approved by the Note Trustee as to any matter provided for in such supplemental note indenture. If the Note Issuer or the Note Trustee shall so determine, new Notes so modified as to conform, in the opinion of the Note Trustee and the Note Issuer, to any such supplemental note indenture may be prepared and executed by the Note Issuer and authenticated and delivered by the Note Trustee in exchange for Outstanding Notes.

Appears in 10 contracts

Samples: Note Indenture (CEC Funding, LLC), Note Indenture (BEC Funding II, LLC), Note Indenture (CEC Funding, LLC)

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