Common use of Modifications Not Requiring the Consent of Holders Clause in Contracts

Modifications Not Requiring the Consent of Holders. The Republic and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series or to this Indenture as it relates to that Series for the purpose of: i. adding to the Republic’s covenants for the benefit of the Holders; ii. surrendering any right or power conferred upon the Republic with respect to Debt Securities of that Series; iii. securing the Debt Securities of that Series; iv. curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or the Indenture; v. amending the Debt Securities of that Series or this Indenture in any manner which the Republic and the Trustee may determine and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series; or vi. correcting a manifest error of a formal, minor or technical nature. Any such technical Modification shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such technical Modification shall be notified by the Republic to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 4 contracts

Samples: Indenture (Republic of Colombia), First Supplemental Indenture (Republic of Colombia), Indenture (Peru Republic Of)

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Modifications Not Requiring the Consent of Holders. The Republic Issuer and the Trustee Fiscal Agent may, without the vote or consent of any Holder holder of Debt Securities of any Seriesseries, agree to a Modification of Debt the Securities of such Series series or to this Indenture Agreement as it relates to that Series series for the purpose of: i. (i) adding to the RepublicIssuer’s covenants for the benefit of the Holdersholders of the Securities of that series; (ii. ) surrendering any right or power conferred upon the Republic Issuer with respect to Debt Securities of that Seriesseries; (iii. ) securing the Debt Securities of that Seriesseries; (iv. ) curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series series or the Indenturethis Agreement; v. (v) amending the Debt Securities of that Series series or this Indenture Agreement in any manner which the Republic and the Trustee Issuer may determine and which does not materially adversely affect the interests of any Holders holders of Debt the Securities of that Seriesseries; or (vi. correcting ) correcting, in the opinion of the Issuer, a manifest error of a formal, minor or technical nature. Any such technical Modification pursuant to items (i) through (vi) above shall be binding on all Holders holders of Debt Securities of that Series intended to be affected by the Modification series and, unless the Trustee Fiscal Agent otherwise requires, any such technical Modification shall be notified by the Republic Fiscal Agent to such Holders of Debt the Securities as soon as practicable thereafter.

Appears in 4 contracts

Samples: Fiscal Agency Agreement (Republic of the Philippines), Fiscal Agency Agreement (Republic of the Philippines), Fiscal Agency Agreement

Modifications Not Requiring the Consent of Holders. The Republic and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series Series, or to this Indenture as it relates to that Series Series, for the purpose of: i. (i) adding to the Republic’s covenants for the benefit of the Holders; (ii. ) surrendering any right or power conferred upon the Republic with respect to Debt Securities of that Series; (iii. ) securing the Debt Securities of that Series; (iv. ) curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or the Indenture; v. (v) amending the Debt Securities of that Series or this Indenture in any manner which the Republic and the Trustee may determine and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series; or (vi. ) correcting a manifest error of a formal, minor or technical nature. Any such technical Modification shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such technical Modification shall be notified by the Republic to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 2 contracts

Samples: Indenture (Federative Republic of Brazil), Indenture (Federative Republic of Brazil)

Modifications Not Requiring the Consent of Holders. The Republic and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series or to this Indenture as it relates to that Series for the purpose of: i. adding to the Republic’s covenants for the benefit of the HoldersHolders of the Debt Securities of that Series; ii. surrendering any right or power conferred upon the Republic with respect to Debt Securities of that Series; iii. securing the Debt Securities of that Series; iv. curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or the this Indenture; v. amending the Debt Securities of that Series or this Indenture in any manner which the Republic and the Trustee may determine determine, including amending the denomination of the Debt Securities and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series; or; vi. correcting a manifest error of a formal, minor or technical nature; or vii. complying with the terms of any exchange and registration rights agreements to be entered among the Republic and the other parties thereto with respect to the Debt Securities of that Series. Any such technical Modification pursuant to items (i) through (vii) above shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such technical Modification shall be notified by the Republic to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 1 contract

Samples: Indenture (Republic of Argentina)

Modifications Not Requiring the Consent of Holders. The Republic Jamaica and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series or to this Indenture as it relates to that Series for the purpose of: i. (a) adding to the RepublicJamaica’s covenants for the benefit of the Holders; ii. (b) surrendering any right or power conferred upon the Republic Jamaica with respect to Debt Securities of that Series; iii. (c) securing the Debt Securities of that Series; iv. (d) curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or the Indenture; v. (e) amending the Debt Securities of that Series or this Indenture in any manner which the Republic Jamaica and the Trustee may determine and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series; or vi. correcting (f) correcting, in the opinion of the Trustee, a manifest error of a formal, minor or technical nature. Any such technical Modification shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such technical Modification shall be notified by the Republic Trustee to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 1 contract

Samples: First Supplemental Indenture (Jamaica Government Of)

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Modifications Not Requiring the Consent of Holders. The Republic and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series or to this Indenture as it relates to that Series for the purpose of: i. adding to the Republic’s covenants for the benefit of the HoldersHolders of the Debt Securities of that Series; ii. surrendering any right or power conferred upon the Republic with respect to Debt Securities of that Series; iii. securing the Debt Securities of that Series; iv. curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or the this Indenture; v. amending the Debt Securities of that Series or this Indenture in any manner which the Republic and the Trustee may determine and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series; or vi. correcting a manifest error of a formal, minor or technical nature. Any such technical Modification pursuant to items (i) through (vi) above shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such technical Modification shall be notified by the Republic to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 1 contract

Samples: Indenture (Uruguay Republic Of)

Modifications Not Requiring the Consent of Holders. The Republic Province and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series or to this Indenture as it relates to that Series for the purpose of: i. (i) adding to the RepublicProvince’s covenants for the benefit of the HoldersHolders of the Debt Securities of that Series; (ii. ) surrendering any right or power conferred upon the Republic Province with respect to Debt Securities of that Series; (iii. securing ) providing security or collateral with respect to the Debt Securities of that Series; (iv. ) curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or the Indenture; v. (v) amending the Debt Securities of that Series or this Indenture in any manner which the Republic Province and the Trustee may determine determine, including amending the denomination of the Debt Securities, and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series; or (vi. ) correcting a manifest error of a formal, minor or technical nature. Any such technical Modification pursuant to items (i) through (vii) above shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such technical Modification shall be notified by the Republic Province to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 1 contract

Samples: Indenture

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