Subordination; Priority of Payments. The subordination provisions contained in Article X may not be amended or modified without the consent of Noteholders holding 100% of the Outstanding Principal Balance of the class of Notes affected thereby. In no event shall the provisions set forth in Section 3.6 relating to the priority of payment of Expenses be amended or modified.
Appears in 5 contracts
Samples: Indenture (Zealand Pharma a/S), Indenture (Zealand Pharma a/S), Indenture (Alexza Pharmaceuticals Inc.)
Subordination; Priority of Payments. The subordination provisions contained in Article X may not be amended or modified without the consent of Noteholders holding of 100% of the Outstanding Principal Balance of the class of Notes affected thereby. In no event shall the provisions set forth in Section 3.6 3.7 relating to the priority of payment of Expenses be amended or modified.
Appears in 4 contracts
Samples: Indenture (Biocryst Pharmaceuticals Inc), Indenture (Supernus Pharmaceuticals Inc), Indenture (PDL Biopharma, Inc.)
Subordination; Priority of Payments. The subordination provisions contained in Article X may not be amended or modified without the consent of Noteholders holding 100% of the Outstanding Principal Balance of the class of Notes affected thereby. In no event shall the provisions set forth in Section 3.6 relating to the priority of payment of Administrative Expenses be amended or modified.
Appears in 4 contracts
Samples: Indenture (Theravance Biopharma, Inc.), Indenture (Theravance Biopharma, Inc.), Indenture (Innoviva, Inc.)
Subordination; Priority of Payments. The subordination provisions contained in Article X may not be amended or modified without the consent of Noteholders holding of 100% of the Outstanding Principal Balance of the class of Notes affected thereby. In no event shall the provisions set forth in Section 3.6 3.7 relating to the priority of payment of Expenses be amended or modifiedmodified without the consent of Noteholders of 100% of the Outstanding Principal Balance of the Notes.
Appears in 1 contract
Subordination; Priority of Payments. The subordination provisions contained in Article X may not be amended or modified without the consent of Noteholders holding 100% of the Outstanding Principal Balance of the class of Notes affected thereby. In no event shall the provisions set forth in Section 3.6 relating to the priority of payment of Expenses be amended or modified.
Appears in 1 contract
Subordination; Priority of Payments. The subordination provisions contained in Article X may not be amended or modified without the consent of Noteholders holding of 100% of the Outstanding Principal Balance of the class of Notes affected thereby. In no event shall the provisions set forth in Section 3.6 3.7 of the Intercreditor Agreement relating to the priority of payment of Expenses be amended or modified.
Appears in 1 contract