Common use of Single Series (Non-Reserve Matter Clause in Contracts

Single Series (Non-Reserve Matter. Modifications Modifications proposed by the Issuer to the terms and conditions of the Securities of a single series, or to this Agreement insofar as it affects the Securities of a single series, that are not Reserve Matter Modifications covered by subsection (e) below or technical Modifications covered by subsection (c) above, may be approved by holders of the Securities (by vote at a Holders of the Securities’ meeting or by a written action), and future compliance therewith may be waived, with the written consent of the Issuer and the affirmative vote (if approved at a holders of the Securities’ meeting) or consent (if approved by a written action) of holders of more than 50% of the aggregate principal amount of the outstanding Securities of that series.

Appears in 4 contracts

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

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Single Series (Non-Reserve Matter. Modifications Modifications proposed by the Issuer Republic to the terms and conditions of the Securities of a single seriesSeries, or to this Agreement insofar as it affects they affect the Securities of a single seriesSeries, that are not Reserve Matter Modifications covered by subsection (eas defined below) below or technical Modifications covered by subsection (c) aboveTechnical Modifications, may be approved by holders of the Securities of such Series (by vote at a Holders meeting of the Securities’ meeting holders of Securities or by a written actionconsent of such holders of Securities), and future compliance therewith may be waived, with the written consent of the Issuer Republic and the affirmative vote (if approved at a meeting of the holders of the Securities’ meetingSecurities of such Series) or consent (if approved by a written action) of holders of more than 50% of the aggregate principal amount of the outstanding Outstanding Securities of that seriesSeries.

Appears in 2 contracts

Samples: Fiscal Agency Agreement (Federal Republic of Nigeria), Fiscal Agency Agreement (Federal Republic of Nigeria)

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