Supplemental Indentures Contract Clause Samples
A Supplemental Indentures Contract clause allows for the modification or addition of terms to an existing indenture agreement through the execution of supplemental documents. This clause typically outlines the procedures and requirements for amending the original contract, such as obtaining necessary approvals from parties or bondholders and specifying which provisions can be changed. Its core practical function is to provide a structured and legally recognized method for updating or clarifying the terms of the indenture, thereby ensuring flexibility and adaptability to changing circumstances or needs.
Supplemental Indentures Contract. If any provision of a supplemental indenture to this Indenture relating to a series of Securities is inconsistent with any provision of this Indenture, the provisions of the supplemental indenture will control with regard to the Securities of the series to which it relates.