Common use of Modifications, Amendments and Supplemental Indentures with Consent of Holders Clause in Contracts

Modifications, Amendments and Supplemental Indentures with Consent of Holders. With the consent of the Holders of a majority in principal amount of the Outstanding Securities, by Act of said Holders delivered to the Company, the Trustee and the Notes Collateral Agent, the Company and the Guarantors, when authorized by Board Resolutions, and the Trustee and the Notes Collateral Agent may together modify, amend or supplement this Indenture, the Securities, the Guarantees, the Notes Collateral Documents or the Intercreditor Agreement, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders under this Indenture; provided, that without the consent of at least two-thirds in aggregate principal amount of Securities then outstanding, an amendment, modification or waiver may not effect a release of all or substantially all of the Collateral from the Liens securing the Indenture Obligations except in accordance with the terms of this Indenture, the Notes Collateral Documents or the Intercreditor Agreement, as applicable. Notwithstanding the foregoing, no such modification, amendment or supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby:

Appears in 1 contract

Samples: United Rentals North America Inc

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Modifications, Amendments and Supplemental Indentures with Consent of Holders. With the consent of the Holders of a majority in principal amount of the Outstanding Securities, by Act of said Holders delivered to the Company, the Trustee and the Notes Collateral Agent, the Company and the Guarantors, when authorized by Board Resolutions, and the Trustee and the Notes Collateral Agent may together modify, amend or supplement this Indenture, the Securities, the Guarantees, the Notes Collateral Documents or the Intercreditor AgreementAgreements, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders under this Indenture; provided, that without the consent of at least two-thirds in aggregate principal amount of Securities then outstandingthe Outstanding Securities, an amendment, modification or waiver supplemental indenture may not (x) effect a release of all or substantially all of the Collateral from the Liens securing the Indenture Obligations Obligations, except in accordance with the terms of this Indenture, the Notes Collateral Documents or the Intercreditor AgreementAgreements, as applicable or (y) change or alter the priority of the Liens securing the Indenture Obligations or the ranking of any guarantee of the Securities, in each case, in any way adverse to the Holders in any material respect, other than, in each case, as provided under the terms of this Indenture, the Notes Collateral Documents or the Intercreditor Agreements, as applicable. Notwithstanding the foregoing; provided, however, that no such modification, amendment or supplemental indenture shallmay, without the consent of the Holder of each Outstanding Security affected thereby:

Appears in 1 contract

Samples: Indenture (United Rentals North America Inc)

Modifications, Amendments and Supplemental Indentures with Consent of Holders. With the consent of the Holders of a majority in principal amount of the Outstanding Securities, by Act of said Holders delivered to the Company, the Trustee and the Notes Collateral Agent, the Company and the Guarantors, when authorized by Board Resolutions, and the Trustee and the Notes Collateral Agent may together modify, amend or supplement this Indenture, the Securities, the Guarantees, the Notes Collateral Documents or the Intercreditor Agreement, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders under this Indenture; provided, that without the consent of at least two-thirds in aggregate principal amount of Securities then outstandingthe Outstanding Securities, an amendment, modification or waiver supplemental indenture may not (x) effect a release of all or substantially all of the Collateral from the Liens securing the Indenture Obligations Obligations, except in accordance with the terms of this Indenture, the Notes Collateral Documents or the Intercreditor Agreement, as applicable or (y) change or alter the priority of the Liens securing the Indenture Obligations or the ranking of any guarantee of the Securities, in each case, in any way adverse to the Holders in any material respect, other than, in each case, as provided under the terms of this Indenture, the Notes Collateral Documents or the Intercreditor Agreement, as applicable. Notwithstanding the foregoing; provided, however, that no such modification, amendment or supplemental indenture shallmay, without the consent of the Holder of each Outstanding Security affected thereby:

Appears in 1 contract

Samples: Credit Agreement (United Rentals Highway Technologies Gulf, LLC)

Modifications, Amendments and Supplemental Indentures with Consent of Holders. With the consent of the Holders of a majority in principal amount of the Outstanding Securities, by Act of said Holders delivered to the Company, the Trustee and the Notes Collateral Agent, the Company and the Guarantors, when authorized by Board Resolutions, and the Trustee and the Notes Collateral Agent may together modify, amend or supplement this Indenture, the Securities, the Guarantees, the Notes Collateral Documents or the Intercreditor Agreement, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders under this Indenture; provided, that without the consent of at least two-thirds 75% in aggregate principal amount of Securities then outstanding, an amendment, modification or waiver may not (a) effect a release of all or substantially all of the Collateral from the Liens securing the Indenture Obligations, (b) release any Guarantor from any of its Obligations under its Guarantee or this Indenture, except in accordance with the terms of this IndentureIndenture or (c) amend, change or modify the Notes Collateral Documents obligations of the Company or the Intercreditor Agreement, as applicableGuarantors under Section 10.06. Notwithstanding the foregoing, no such modification, amendment or supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby:

Appears in 1 contract

Samples: United Rentals Highway Technologies Gulf, LLC

Modifications, Amendments and Supplemental Indentures with Consent of Holders. With the consent of the Holders of a majority in principal amount of the Outstanding Securities, by Act of said Holders delivered to the Company, the Trustee and the Notes Collateral Agent, the Company and the Guarantors, when authorized by Board Resolutions, and the Trustee and the Notes Collateral Agent may together modify, amend or supplement this Indenture, the Securities, the Guarantees, the Notes Collateral Documents or the Intercreditor Agreement, Agreement for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders under this Indenture; provided, that without the consent of at least two-thirds in aggregate principal amount of Securities then outstandingthe Outstanding Securities, an amendment, modification or waiver supplemental indenture may not effect a release of all or substantially all of the Collateral from the Liens securing the Indenture Obligations Obligations, except in accordance with the terms of this Indenture, the Notes Collateral Documents or the Intercreditor Agreement, as applicable. ; Notwithstanding the foregoing, no such modification, amendment or supplemental indenture shallmay, without the consent of the Holder of each Outstanding Security affected thereby:

Appears in 1 contract

Samples: Indenture (United Rentals North America Inc)

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Modifications, Amendments and Supplemental Indentures with Consent of Holders. With the consent of the Holders of a majority in principal amount of the Outstanding Securities, by Act of said Holders delivered to the Company, the Trustee and the Notes Collateral Agent, the Company and the Guarantors, when authorized by Board Resolutions, and the Trustee and the Notes Collateral Agent may together modify, amend or supplement this Indenture, the Securities, the Guarantees, the Notes Collateral Documents or the Intercreditor Agreement, Agreement for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders under this Indenture; provided, that without the consent of at least two-thirds in aggregate principal amount of Securities then outstandingthe Outstanding Securities, an amendment, modification or waiver supplemental indenture may not (x) effect a release of all or substantially all of the Collateral from the Liens securing the Indenture Obligations Obligations, except in accordance with the terms of this Indenture, the Notes Collateral Documents or the Intercreditor Agreement, as applicable or (y) change or alter the priority of the Liens securing the Indenture Obligations or the ranking of any guarantee of the Securities, in each case, in any way adverse to the Holders in any material respect, other than, in each case, as provided under the terms of this Indenture, the Notes Collateral Documents or the Intercreditor Agreement, as applicable. Notwithstanding the foregoing; provided, however, that no such modification, amendment or supplemental indenture shallmay, without the consent of the Holder of each Outstanding Security affected thereby:

Appears in 1 contract

Samples: Indenture (United Rentals North America Inc)

Modifications, Amendments and Supplemental Indentures with Consent of Holders. With the consent of the Holders of a majority in principal amount of the Outstanding SecuritiesNotes, by Act act of said Holders delivered to the Company, the Trustee and the Notes Collateral Agent, the Company and the Subsidiary Guarantors, when authorized by a Board ResolutionsResolution, and the Trustee and the Notes Collateral Agent may together modify, amend or supplement this Indenture, the SecuritiesNotes, the Guarantees, Guarantees or the Notes Collateral Security Documents or the Intercreditor Agreement, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture Indenture, the Notes, the Guarantees or the Notes Security Documents, or of modifying in any manner the rights of the Holders under this Indenture, the Notes, the Guarantees or the Notes Security Documents; provided, that without the consent of at least two-thirds in aggregate principal amount of Securities then outstandingthe Outstanding Notes, an amendment, modification or waiver supplemental indenture may not effect a release of all or substantially all of the Collateral from the Liens securing the Indenture Obligations Notes, except in accordance with the terms of this Indenture, Indenture or the Notes Collateral Documents or the Intercreditor AgreementSecurity Documents, as applicable. ; Notwithstanding the foregoing, no such modification, amendment or supplemental indenture shallmay, without the consent of the Holder of each Outstanding Security Note affected thereby:

Appears in 1 contract

Samples: Indenture (LSC Communications, Inc.)

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