Common use of Supplemental Indentures and Amendments Clause in Contracts

Supplemental Indentures and Amendments. (a) In addition to those matters set forth in Section 9.01 of the Base Indenture, with respect to the Notes, without the consent of any Holder, the Company may enter into one or more supplemental indentures for the following purpose: (i) to comply with Section 1.10 of this Supplemental Indenture, including without limitation, (1) to provide for the Company’s repurchase obligations in connection with a Change of Control Repurchase Event in the event of any reclassification of the Company’s common stock, merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity and (2) to provide for the assumption of the Company’s obligations to the Holders of the Notes in the event of a merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity. (b) In addition to those matters set forth in Section 9.02 of the Base Indenture, with respect to the Notes, no supplemental indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture which affects the Notes or of modifying in any manner the rights of the Holders of the Notes shall, without the consent of the Holder of each Note affected thereby: (i) adversely affect any right of repayment at the option of the Holder of any Note pursuant to Section 1.10 of this Supplemental Indenture or impair the right to institute suit for the enforcement of any such payment on or after any applicable Repayment Date for a Change of Control Repurchase Event; (ii) relieve the Company of its obligation to maintain an office or agency in the Borough of Manhattan, New York City; and (iii) change the Company’s obligation to repurchase any Notes upon a Change of Control Repurchase Event in a manner adverse to the Holders after the occurrence of a Change of Control Repurchase Event. (c) The Company will notify Holders of the Notes within a reasonable time of any amendment to the Indenture or any supplemental indenture entered into that affects the interests of the Holders of the Notes. However, any failure by the Company to give such notice to all of the Holders, or any defect in the notice, will not impair or affect the validity of the modification or amendment.

Appears in 3 contracts

Samples: Supplemental Indenture (Prospect Capital Corp), Supplemental Indenture (Prospect Capital Corp), Supplemental Indenture (Prospect Capital Corp)

AutoNDA by SimpleDocs

Supplemental Indentures and Amendments. (a) In addition to those matters set forth in Section 9.01 of the Base Indenture, with respect to the Notes, without the consent of any Holder, the Company may enter into one or more supplemental indentures for the following purpose: (i) to comply with Section 1.10 of this Supplemental Indenture, including without limitation, (1) to provide for the Company’s repurchase obligations in connection with a Fundamental Change of Control Repurchase Event in the event of any reclassification of the Company’s common stock, merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity and (2) to provide for the assumption of the Company’s obligations to the Holders of the Notes in the event of a merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity. (b) In addition to those matters set forth in Section 9.02 of the Base Indenture, with respect to the Notes, no supplemental indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture which affects the Notes or of modifying in any manner the rights of the Holders of the Notes shall, without the consent of the Holder of each Note affected thereby: (i) adversely affect any right of repayment at the option of the Holder of any Note pursuant to Section 1.10 of this Supplemental Indenture or impair the right to institute suit for the enforcement of any such payment on or after any applicable Repayment Date for a Fundamental Change of Control Repurchase EventDate; (ii) relieve the Company of its obligation to maintain an office or agency in the Borough of Manhattan, New York City; and (iii) change the Company’s obligation to repurchase any Notes upon a Fundamental Change of Control Repurchase Event in a manner adverse to the Holders after the occurrence of a Change of Control Repurchase EventFundamental Change. (c) The Company will notify Holders of the Notes within a reasonable time of any amendment to the Indenture or any supplemental indenture entered into that affects the interests of the Holders of the Notes. However, any failure by the Company to give such notice to all of the Holders, or any defect in the notice, will not impair or affect the validity of the modification or amendment.

Appears in 1 contract

Samples: Supplemental Indenture (Prospect Capital Corp)

Supplemental Indentures and Amendments. (a) In addition to those matters set forth in Section 9.01 of the Base Indenture9.01, with respect to the Notes, without the consent of any Holder, the Company may enter into one or more supplemental indentures for the following purpose: (i) to To comply with Section 1.10 1.08 of this Supplemental Indenture, including without limitation, (1) to provide for the Company’s repurchase obligations in connection with a Fundamental Change of Control Repurchase Event in the event of any reclassification of the Company’s common stock, merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity and (2) to provide for the assumption of the Company’s obligations to the Holders of the Notes in the event of a merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity. (b) In addition to those matters set forth in Section 9.02 of the Base Indenture9.02, with respect to the Notes, no supplemental indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture which affects the Notes or of modifying in any manner the rights of the Holders of the Notes shall, without the consent of the Holder of each Note affected thereby: (i) adversely affect any right of repayment at the option of the Holder of any Note pursuant to Section 1.10 1.08 of this Supplemental Indenture or impair the right to institute suit for the enforcement of any such payment on or after any applicable Repayment Date for a Fundamental Change of Control Repurchase EventDate; (ii) relieve the Company of its obligation to maintain an office or agency in the Borough of Manhattan, New York City; and (iii) change the Company’s obligation to repurchase any Notes upon a Fundamental Change of Control Repurchase Event in a manner adverse to the Holders after the occurrence of a Change of Control Repurchase EventFundamental Change. (c) The Company will notify Holders of the Notes within a reasonable time of any amendment to the Indenture or any supplemental indenture entered into that affects the interests of the Holders of the Notes. However, any failure by the Company to give such notice to all of the Holders, or any defect in the notice, will not impair or affect the validity of the modification or amendment.

Appears in 1 contract

Samples: Supplemental Indenture (Prospect Capital Corp)

Supplemental Indentures and Amendments. (a) In addition to those matters set forth in Section 9.01 of the Base Indenture9.01, with respect to the Notes, without the consent of any Holder, the Company may enter into one or more supplemental indentures for the following purpose: (i) to To comply with Section 1.10 1.09 of this Supplemental Indenture, including without limitation, (1) to provide for the Company’s repurchase obligations in connection with a Fundamental Change of Control Repurchase Event in the event of any reclassification of the Company’s common stock, merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity and (2) to provide for the assumption of the Company’s obligations to the Holders of the Notes in the event of a merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity. (b) In addition to those matters set forth in Section 9.02 of the Base Indenture9.02, with respect to the Notes, no supplemental indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture which affects the Notes or of modifying in any manner the rights of the Holders of the Notes shall, without the consent of the Holder of each Note affected thereby: (i) adversely affect any right of repayment at the option of the Holder of any Note pursuant to Section 1.10 1.09 of this Supplemental Indenture or impair the right to institute suit for the enforcement of any such payment on or after any applicable Repayment Date for a Fundamental Change of Control Repurchase EventDate; (ii) relieve the Company of its obligation to maintain an office or agency in the Borough of Manhattan, New York City; and (iii) change the Company’s obligation to repurchase any Notes upon a Fundamental Change of Control Repurchase Event in a manner adverse to the Holders after the occurrence of a Change of Control Repurchase EventFundamental Change. (c) The Company will notify Holders of the Notes within a reasonable time of any amendment to the Indenture or any supplemental indenture entered into that affects the interests of the Holders of the Notes. However, any failure by the Company to give such notice to all of the Holders, or any defect in the notice, will not impair or affect the validity of the modification or amendment.

Appears in 1 contract

Samples: Supplemental Indenture (Prospect Capital Corp)

AutoNDA by SimpleDocs

Supplemental Indentures and Amendments. (a) In addition to those matters set forth in Section 9.01 of the Base Indenture, with respect to the Notes, without the consent of any Holder, the Company may enter into one or more supplemental indentures for the following purpose: (i) to comply with Section 1.10 1.09 of this Supplemental Indenture, including without limitation, (1) to provide for the Company’s repurchase obligations in connection with a Fundamental Change of Control Repurchase Event in the event of any reclassification of the Company’s common stock, merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity and (2) to provide for the assumption of the Company’s obligations to the Holders of the Notes in the event of a merger or consolidation, or sale, conveyance, transfer or lease of the Company’s property and assets substantially as an entity. (b) In addition to those matters set forth in Section 9.02 of the Base Indenture, with respect to the Notes, no supplemental indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture which affects the Notes or of modifying in any manner the rights of the Holders of the Notes shall, without the consent of the Holder of each Note affected thereby: (i) adversely affect any right of repayment at the option of the Holder of any Note pursuant to Section 1.10 1.09 of this Supplemental Indenture or impair the right to institute suit for the enforcement of any such payment on or after any applicable Repayment Date for a Fundamental Change of Control Repurchase EventDate; (ii) relieve the Company of its obligation to maintain an office or agency in the Borough of Manhattan, New York City; and (iii) change the Company’s obligation to repurchase any Notes upon a Fundamental Change of Control Repurchase Event in a manner adverse to the Holders after the occurrence of a Change of Control Repurchase EventFundamental Change. (c) The Company will notify Holders of the Notes within a reasonable time of any amendment to the Indenture or any supplemental indenture entered into that affects the interests of the Holders of the Notes. However, any failure by the Company to give such notice to all of the Holders, or any defect in the notice, will not impair or affect the validity of the modification or amendment. (d) The Trustee shall have no responsibility for determining whether any supplemental indenture or other amendment will or may have an adverse effect on any Holder of the Notes.

Appears in 1 contract

Samples: Supplemental Indenture (Prospect Capital Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!