SENIOR NOTES; 2006 PUTTABLE SENIOR NOTES Sample Clauses

SENIOR NOTES; 2006 PUTTABLE SENIOR NOTES. (a) The Borrower shall not alter, amend, change or modify the terms of any of the Senior Notes (i) to allow the maturity date of any of the Senior Notes to be less than ten (10) years from the respective date of issue, (ii) to provide for payment of interest under any of the Senior Notes more frequently than quarterly, or (iii) to modify the redemption provisions contained therein, including adding additional redemption provisions. (b) The Borrower shall not alter, amend, change or modify the terms of any of the 2006 Puttable Senior Notes (i) to allow the maturity of any of the 2006 Puttable Senior Notes to be less than five (5) years from the date of issue, (ii) to provide for payment of interest under any of the 2006 Puttable Senior Notes more frequently than quarterly, (iii) to provide additional circumstances pursuant to which holders of the 2006 Puttable Senior Notes may put their Notes to the Parent or to increase the put rate available to such holders, other than as provided in the 2006 Indenture, or (iv) to permit the Parent to redeem the 2006 Puttable Senior Notes prior to their maturity.