Common use of Procedure for Amendments Clause in Contracts

Procedure for Amendments. The Issuer and the VPS Trustee (acting on behalf of the VPS Noteholders) may agree to amend this Agreement or the VPS Conditions or waive a past default or anticipated failure to comply with any provision in the VPS Conditions or this Agreement without prior approval of the affected VPS Noteholders in accordance with Clause 4 (VPS Noteholders’ decisions), provided that:

Appears in 5 contracts

Samples: VPS Trustee Agreement, VPS Trustee Agreement, VPS Trustee Agreement

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Procedure for Amendments. The Issuer and the VPS Trustee (acting on behalf of the VPS Noteholders) may agree to amend this Agreement or the VPS Conditions or waive a past default or anticipated failure to comply with any provision in the VPS Conditions or this Agreement without prior approval of the affected VPS Noteholders in accordance with Clause 4 (VPS Noteholders’ decisions), provided that:

Appears in 2 contracts

Samples: VPS Trustee Agreement, VPS Trustee Agreement

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