Supplemental Participation Agreements Not Requiring the Consent of the Holders. The Authority and the Company may, with the written consent of the Trustee but without notice to or consent of any Holder, from time to time and at any time, agree to such supplemental agreements supplementing the Participation Agreement or amendments to the Participation Agreement as shall not be inconsistent with the terms and provisions of the Participation Agreement or this Indenture and, in the opinion of the Authority, shall not be detrimental to the interests of the Holders (which Supplemental Participation Agreements shall thereafter form a part of the Participation Agreement): (a) to cure any ambiguity or formal defect or omission in the Participation Agreement or in any supplemental agreement; (b) to grant to or confer upon the Trustee for the benefit of the Holders any additional rights, remedies, powers, authority or security that may lawfully be granted to or conferred upon the Holders or the Trustee; (c) to provide for any new administrative, security or procedural provisions necessitated by the issuance of an Alternate Support Facility; or (d) to provide for or add any further changes or corrections that are necessary or desirable to comply with any Supplemental Indenture entered into pursuant to Section 14.01; provided that no such Supplemental Participation Agreement which takes effect while a Support Facility is in effect shall be effective prior to the receipt by such parties of the written consent of each Support Facility Issuer.
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Samples: Trust Indenture (Consolidated Edison Co of New York Inc), Trust Indenture (Consolidated Edison Inc), Trust Indenture (Consolidated Edison Inc)
Supplemental Participation Agreements Not Requiring the Consent of the Holders. The Authority and the Company may, with the written consent of the Trustee but without notice to or consent of any Holder, from time to time and at any time, agree to such supplemental agreements supplementing the Participation Agreement or amendments to the Participation Agreement as shall not be inconsistent with the terms and provisions of the Participation Agreement or this Indenture and, in the opinion of the Authority, shall not be detrimental to the interests of the Holders (which Supplemental Participation Agreements shall thereafter form a part of the Participation Agreement):
(a) to cure any ambiguity or formal defect or omission in the Participation Agreement or in any supplemental agreement;
(b) to grant to or confer upon the Trustee for the benefit of the Holders any additional rights, remedies, powers, authority or security that may lawfully be granted to or conferred upon the Holders or the Trustee;
(c) to provide for any new administrative, security or procedural provisions necessitated by the issuance of an Alternate Support Facility; or
(d) to provide for or add any further changes or corrections that are necessary or desirable to comply with any Supplemental Indenture entered into pursuant to Section 14.01; provided that no such Supplemental Participation Agreement which takes effect while a Support Credit Facility is in effect shall shall, so long as no Support Facility Issuer Default has occurred and is continuing, be effective prior to the receipt by such parties of the written consent of each Support Credit Facility Issuer.
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Samples: Trust Indenture (Consolidated Edison Co of New York Inc)
Supplemental Participation Agreements Not Requiring the Consent of the Holders. The Authority and the Company may, with the written consent of the Trustee but without notice to or consent of any Holder, from time to time and at any time, agree to such supplemental agreements supplementing the Participation Agreement or amendments to the Participation Agreement as shall not be inconsistent with the terms and provisions of the Participation Agreement or this Indenture and, in the opinion of the Authority, shall not be detrimental to the interests of the Holders (which Supplemental Participation Agreements shall thereafter form a part of the Participation Agreement):
(a) to cure any ambiguity or formal defect or omission in the Participation Agreement or in any supplemental agreement;
(b) to grant to or confer upon the Trustee for the benefit of the Holders any additional rights, remedies, powers, authority or security that may lawfully be granted to or conferred upon the Holders or the Trustee;
(c) to provide for any new administrative, security or procedural provisions necessitated by the issuance of an Alternate Support Facility; or
(d) to provide for or add any further changes or corrections that are necessary or desirable to comply with any Supplemental Indenture entered into pursuant to Section 14.01; provided that no such Supplemental Participation Agreement or the amendment to the Note which takes effect while a materially and adversely affects any Support Facility Issuer (so long as such Support Facility is in effect effect) shall be effective prior to the receipt by such parties of the written consent of each the issuer of such Support Facility IssuerFacility.
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