Common use of Supplemental Indentures with Consent of Holders of Notes Clause in Contracts

Supplemental Indentures with Consent of Holders of Notes. As set forth in Section 11.02 of the Base Indenture, with the consent of the Holders of a majority in the aggregate principal amount of Notes affected by such supplemental indenture at the time outstanding, the Company and the Trustee may from time to time and at any time enter into an indenture or indentures supplemental to the Indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Base Indenture or this Supplemental Indenture No. 1 or of modifying in any manner the rights of the Holders of the Notes; provided, however, that, solely with respect to the Notes, in addition to subclauses (a) through (d) of clause (ii) of Section 11.02 of the Base Indenture, no such supplemental indenture shall (x) impair the right to institute suit for the enforcement of any payment on or with respect to any Note, (y) modify the terms of the Put Right or (z) modify the interest rate reset or Remarketing provisions of the Notes, without, in the case of each of the foregoing clauses (x), (y) and (z), the consent of the Holder of each Note affected.

Appears in 2 contracts

Samples: Supplemental Indenture (Johnson Controls Inc), Supplemental Indenture (Johnson Controls Inc)

AutoNDA by SimpleDocs

Supplemental Indentures with Consent of Holders of Notes. As set forth (and except as otherwise provided) in Section 11.02 13.02 of the Base Indenture, with the consent of the Holders of a majority in the aggregate principal amount of Notes Securities of all series affected by such supplemental indenture at the time outstandingOutstanding, the Company and the Trustee may from time to time and at any time enter into an indenture or indentures supplemental hereto or to the Base Indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Base Indenture or this Supplemental Indenture No. 1 or of modifying in any manner the rights of the Holders of the NotesSecurities; provided, however, that, solely with respect to the Notes, in addition to subclauses clauses (a1) through and (d) of clause (ii2) of Section 11.02 13.02(a) of the Base Indenture, no such indenture or supplemental indenture shall (x) impair the right to institute suit for the enforcement of any payment on or with respect to any Note, (y) modify the terms of the Put Right or (z) modify the interest rate reset Reset Rate or Remarketing provisions of the Notes, without, in the case of each of the foregoing clauses (x), (y) and (z), the consent of the Holder of each Note affected.

Appears in 2 contracts

Samples: Supplemental Indenture (Great Plains Energy Inc), Supplemental Indenture (Great Plains Energy Inc)

AutoNDA by SimpleDocs

Supplemental Indentures with Consent of Holders of Notes. As set forth in Section 11.02 of the Base Indenture, with the consent of the Holders of a majority in the aggregate principal amount of Notes affected by such supplemental indenture at the time outstanding, the Company and the Trustee may from time to time and at any time enter into an indenture or indentures supplemental thereto or to the Base Indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Base Indenture or this Supplemental Indenture No. 1 or of modifying in any manner the rights of the Holders of the Notes; provided, however, that, solely with respect to the Notes, in addition to subclauses clauses (a) through (d) of clause (iic) of Section 11.02 of the Base Indenture, no such indenture or supplemental indenture shall (x) impair the right to institute suit for the enforcement of any payment on or with respect to any Note, (y) modify the terms of the Put Right or (z) modify the interest rate reset or Remarketing provisions of the Notes, without, in the case of each of the foregoing clauses (x), (y) and (z), the consent of the Holder of each Note affected.

Appears in 1 contract

Samples: Supplemental Indenture (Johnson Controls Inc)

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