Modifications and Amendments Permitted Sample Clauses

Modifications and Amendments Permitted. (a) This Indenture and the rights and obligations of the Authority, the City, the Owners of the Bonds and the Trustee may be modified or amended from time to time and at any time by a Supplemental Indenture, which the Authority, the City and the Trustee may enter into with the written consent of the Owners of a majority in aggregate principal amount of all Bonds then Outstanding, which shall have been filed with the Trustee. No such modification or amendment shall (i) extend the fixed maturity of any Bonds, or reduce the amount of principal thereof or the rate of interest thereon, or extend the time of payment, without the consent of the Owner of each Bond so affected, or (ii) reduce the aforesaid percentage of Bonds the consent of the Owners of which is required to effect any such modification or amendment, or (iii) permit the creation of any lien on the Base Rental Payments and other assets pledged under this Indenture prior to or on a parity with the lien created by this Indenture or deprive the Owners of the Bonds of the lien created by this Indenture on such Base Rental Payments and other assets (except as expressly provided in this Indenture), without the consent of the Owners of all of the Bonds then Outstanding. It shall not be necessary for the consent of the Bond Owners to approve the particular form of any Supplemental Indenture, but it shall be sufficient if such consent shall approve the substance thereof.
AutoNDA by SimpleDocs
Modifications and Amendments Permitted. (a) This Master Indenture and the rights and obligations of the Authority, the City, the Owners of the Bonds and the Trustee may be modified, amended or waived from time to time and at any time by a Supplemental Indenture, which the Authority, the City and the Trustee may enter into with the written consent of the Required Bond Owners, which shall have been filed with the Trustee. No such modification, amendment or waiver shall (i) extend the fixed maturity of any Bonds, or reduce the amount of principal thereof or the rate of interest thereon, or extend the time of payment, without the written consent of the Owner of each Bond so affected (provided that, with respect to the Series 2023_ Bonds, only the consent of the Purchasers shall be necessary to change the definition of the Default Rate or to waive any obligation of the Authority to pay interest at the Default Rate in all cases other than a payment default); (ii) permit the creation of any lien or security interest on the Base Rental Payments, other Lease Revenues and other Collateral pledged under this Master Indenture and the other Collateral Documents prior to or on a parity with the lien and security interest created by this Master Indenture and the other Collateral Documents or deprive the Owners of the Bonds of the lien and security interest created by this Master Indenture and the other Collateral Documents on such Base Rental Payments, other Lease Revenues and other Collateral (except as expressly provided in this Master Indenture and the other Collateral Documents), without the written consent of the Owners of all the Bonds then Outstanding; (iii) modify or amend this Section 9.01 or the definition of “Required Bond Owners” without the prior written consent of the Owners of all the Bonds then Outstanding; (iv) change any provisions in this Master Indenture or the Accounts Agreement in a manner that would alter the pro rata sharing of payments or the flow of funds provisions required hereunder and thereunder without, in each case, the written consent of the Owners directly affected thereby; (v) release all or substantially all the Collateral from the liens and security interests created by this Master Indenture and the other Collateral Documents without the written consent of the Owners of all the Bonds then Outstanding (other than in connection with any sale of the applicable Collateral permitted by the Collateral Documents, including without limitation, any substitution or release of Additio...

Related to Modifications and Amendments Permitted

  • Modifications and Amendments The terms and provisions of this Agreement may be modified or amended only by written agreement executed by all parties hereto.

  • Alterations and Amendments This Agreement, applicable fees and service charges may be altered or amended from time-to-time. In such event, we will provide notice to you. Any use of the Service after we provide you a notice of change will constitute your agreement to such change(s). Further, we may, from time to time, revise or update the applications, services, and/or related material, which may render all such prior versions obsolete. Consequently, we reserve the right to terminate this Agreement as to all such prior versions of the applications, services, and/or related material and limit access to only the Service's more recent revisions and updates.

  • Modifications and Waivers No provision of this Agreement shall be modified, waived or discharged unless the modification, waiver or discharge is agreed to in writing and signed by the Executive and by an authorized officer of the Company (other than the Executive). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time.

  • REVISIONS AND AMENDMENTS Any revisions or amendments to this Agreement must be made in writing and signed by both parties.

  • Amendments/Modifications This Agreement may not be modified, altered or amended except by an agreement in writing executed by all of the parties hereto.

  • AGREEMENT ALTERATIONS AND AMENDMENTS This Agreement may be amended by mutual agreement of the parties. Such amendments shall not be binding unless they are in writing and signed by personnel authorized to bind each of the parties.

  • Amendments and Modifications Upon the written consent of the Company and the Holders of at least a majority in interest of the Registrable Securities at the time in question, compliance with any of the provisions, covenants and conditions set forth in this Agreement may be waived, or any of such provisions, covenants or conditions may be amended or modified; provided, however, that notwithstanding the foregoing, any amendment hereto or waiver hereof that adversely affects one Holder, solely in his, her or its capacity as a holder of the shares of capital stock of the Company, in a manner that is materially different from the other Holders (in such capacity) shall require the consent of the Holder so affected. No course of dealing between any Holder or the Company and any other party hereto or any failure or delay on the part of a Holder or the Company in exercising any rights or remedies under this Agreement shall operate as a waiver of any rights or remedies of any Holder or the Company. No single or partial exercise of any rights or remedies under this Agreement by a party shall operate as a waiver or preclude the exercise of any other rights or remedies hereunder or thereunder by such party.

  • Modification and Amendment This Contract may be modified only by a written amendment signed by all Parties and approved by all applicable State officials.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!