Common use of Modification and Noteholders' Resolutions Clause in Contracts

Modification and Noteholders' Resolutions. 18.1 Any modification to these Conditions shall be agreed in writing between the Issuer and Noteholders holding at least eighty per cent (80%) of the face amount of the Notes and any such modifications so agreed shall be binding on all further Noteholders, provided that no amendment, supplement or modification to, or waiver of, any provision set forth in this Clause 18, Clause 16, Clause 19, Clause 22 or Clause 23 may be effected without the prior written consent of the Facility Agent (with the consent of the "Majority Lenders", as defined in the Senior Secured Credit Agreement), and any such amendment, supplement, modification or waiver entered into without the prior written consent of the Facility Agent shall be null and void and without any force and effect whatsoever.

Appears in 2 contracts

Samples: Hungarian Telephone & Cable Corp, Hungarian Telephone & Cable Corp

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Modification and Noteholders' Resolutions. 18.1 Any modification to these Conditions shall be agreed in writing between the Issuer and Noteholders holding at least eighty per cent (80%) of the face amount of the Notes and any such modifications so agreed shall be binding on all further Noteholders, provided that no amendment, supplement or modification to, or waiver of, any provision set forth in this Clause 18, Clause 16, Clause 19, Clause 22 or Clause 23 may be effected without the prior written consent of the Facility Agent (with the consent of the "β€œMajority Lenders"”, as defined in the Senior Secured Credit Agreement), and any such amendment, supplement, modification or waiver entered into without the prior written consent of the Facility Agent shall be null and void and without any force and effect whatsoever.

Appears in 2 contracts

Samples: Hungarian Telephone & Cable Corp, Hungarian Telephone & Cable Corp

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