Common use of Supplemental Agreements with Consent of Holders Clause in Contracts

Supplemental Agreements with Consent of Holders. With the consent of the Holders of not less than a majority in principal amount of the outstanding Notes, by written notice of said Holders delivered to the Company, the Company, when authorized by a resolution of the Board of Directors, may enter into an agreement supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Note or of modifying in any manner the rights of the Holders under this Note; provided, however, that no such supplemental agreement shall, without the consent of the Holder of each outstanding Note affected thereby, (1) change the stated maturity of the principal of, or any installment of interest on, any Note, or reduce the principal amount thereof or the rate of interest thereon, or change the place of payment, or the coin or currency in which any Note or the interest thereon is payable, or impair the right to institute suit for the enforcement of any such payment on or after the stated maturity thereof (or, in the case of conversion, on or after the conversion date), or (2) modify any of the provisions of this Section or Section 6.9, or (3) modify or affect in any manner adverse to the Holders of the Notes the provisions with respect to subordination of the Notes contained in Article 1 hereof.