Common use of Section 802 Supplemental Indentures with Consent of Holders Clause in Contracts

Section 802 Supplemental Indentures with Consent of Holders. With the consent of the Holders of not less than a majority in principal amount of the Outstanding Subordinated Notes of each Series affected by the supplemental indenture, by Act of said Holders delivered to the Company and the Trustee, the Company (when authorized by or in accordance with a Board Resolution), and the Trustee may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of the Subordinated Notes of such Series or of modifying in any manner the rights of the Holders of Subordinated Notes of such Series under this Indenture; provided, that no such supplemental indenture, without the consent of the Holder of each Outstanding Subordinated Note affected thereby, will

Appears in 2 contracts

Samples: Subordinated Debt Indenture (Guaranty Bancshares Inc /Tx/), Subordinated Debt Indenture (Guaranty Bancshares Inc /Tx/)

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Section 802 Supplemental Indentures with Consent of Holders. With the consent of the Holders of not less than a majority in principal amount of the Outstanding Subordinated Senior Notes of each Series affected by the supplemental indenture, by Act of said Holders delivered to the Company and the Trustee, the Company (when authorized by or in accordance with a Board Resolution), and the Trustee may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of the Subordinated Senior Notes of such Series or of modifying in any manner the rights of the Holders of Subordinated Senior Notes of such Series under this Indenture; provided, that no such supplemental indenture, without the consent of the Holder of each Outstanding Subordinated Senior Note affected thereby, will

Appears in 2 contracts

Samples: Senior Debt Indenture (Guaranty Bancshares Inc /Tx/), Senior Debt Indenture (Guaranty Bancshares Inc /Tx/)

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