Common use of Supplemental Indentures with Consent of Owners Clause in Contracts

Supplemental Indentures with Consent of Owners. The Issuer and the Indenture Trustee, when authorized by an Issuer Order, also may, with the prior consent of the Note Insurer and with the consent of the Owners of not less than a majority of the Outstanding Amount of the Notes, by Act of such Owners delivered to the Issuer and the Indenture Trustee, enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to, or changing in any manner or eliminating any of the provisions of, this Indenture or of modifying in any manner the rights of the Owners of the Notes under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Owner of each Note affected thereby and the Note Insurer if affected thereby:

Appears in 14 contracts

Samples: Indenture (Imc Home Equity Loan Owner Trust 1997-8), Indenture (First Alliance Mortgage Loan Trust 1998-2), Indenture (Imc Securities Inc)

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