Common use of Modification and Substitution Clause in Contracts

Modification and Substitution. 13.1 14.1 Modification Other than in respect of a Reserved Matter, the Trustee may agree without the consent of the Noteholders or Couponholders to any modification to this Trust Deed which is, in the opinion of the Trustee (i) of a formal, minor or technical nature or to correct a manifest error or (ii) not materially prejudicial to the interests of the Noteholders.

Appears in 2 contracts

Samples: Trust Deed, Trust Deed

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Modification and Substitution. 13.1 14.1 Modification Other than in respect of a Reserved MatterMatter (as defined in Schedule 3Schedule 3), the Trustee may agree without the consent of the Noteholders or Couponholders to any modification to this Trust Deed which is, that is (i) (in the opinion of the Trustee (iTrustee) of a formal, minor or technical nature or to correct a manifest error or (ii) in its opinion not materially prejudicial to the interests of the Noteholders.

Appears in 2 contracts

Samples: Trust Deed, Trust Deed

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