Modification of Agency Agreement. The Issuer shall only permit any modification of, or any waiver or authorisation of any breach or proposed breach of or any failure to comply with, the Agency Agreement, if to do so could not reasonably be expected to be prejudicial to the interests of the Securityholders and in giving such permission, waiver or authorisation the Issuer shall have regard to interests of the Securityholders as a class and shall not have regard to the consequences of such permission, waiver or authorisation for individual Securityholders or Couponholders.
Appears in 4 contracts
Samples: Agency Agreement, Agency Agreement, Agency Agreement
Modification of Agency Agreement. The Issuer shall only permit any modification of, or any waiver or authorisation of any breach or proposed breach of or any failure to comply with, the Agency Agreement, if to do so could not reasonably be expected to be prejudicial to the interests of the Securityholders and in giving such permission, waiver or authorisation the Issuer shall have regard to interests of the Securityholders as a class and shall not have regard to the consequences of such permission, waiver or authorisation for individual Securityholders or CouponholdersNoteholders.
Appears in 2 contracts
Samples: Agency Agreement, Agency Agreement (Schneider Electric Sa)
Modification of Agency Agreement. The Issuer shall only permit any modification of, or any waiver or authorisation authorization of any breach or proposed breach of or any failure to comply with, the Agency Agreement, if to do so could not reasonably be expected to be prejudicial to the interests of the Securityholders and in giving such permission, waiver or authorisation Bondholders and/or the Issuer shall have regard to interests of the Securityholders as a class and shall not have regard to the consequences of such permission, waiver or authorisation for individual Securityholders or Couponholders.
Appears in 1 contract
Samples: Agency Agreement
Modification of Agency Agreement. The Issuer shall only permit any modification ofmodification, or any waiver or authorisation of any breach or proposed breach of of, or any failure to comply with, the Agency Agreement, Agreement if to do so could not reasonably be expected to be prejudicial to the interests of the Securityholders and in giving such permission, waiver or authorisation the Issuer shall have regard to interests of the Securityholders as a class and shall not have regard to the consequences of such permission, waiver or authorisation for individual Securityholders or CouponholdersNoteholders.
Appears in 1 contract