Cross-Series Modification definition

Cross-Series Modification means a modification involving (i) the Bonds or any agreement governing the issuance or administration of the Bonds, and (ii) the debt securities of one or more other series or any agreement governing the issuance or administration of such other debt securities.

Cross-Series Modification means a modification involving (i) the Notes, and (ii) the debt securities of one or more other series or any agreement governing the issuance or administration of such other debt securities.

Cross-Series Modification means a Modification constituting a Reserve Matter affecting two or more Series of Aggregated Collective Action Securities.

Examples of Cross-Series Modification in a sentence

• The Issuer will appoint a person (the “Calculation Agent”) to calculate whether a proposed modification has been approved by the requisite principal amount of outstanding Notes and, in the case of a Cross-Series Modification, by the requisite principal amount of outstanding Debt Securities of each affected series of Debt Securities.

• In the case of a Cross-Series Modification, the same person will be appointed as the Calculation Agent for the proposed modification of the Notes and each other affected series of Debt Securities.

• A proposed Cross-Series Modification may include one or more proposed alternative modifications of the terms and conditions of each affected series of Debt Securities or of any agreement governing the issuance or administration of any affected series of Debt Securities, provided that all such proposed alternative modifications are addressed to and may be accepted by any holder of any Debt Security of any affected series.

• If the consent solicitation relates to a proposal for a Cross-Series Modification, the solicitation shall include an indication of (x) which Series of Debt Securities will be aggregated for purposes of consenting to that proposal, (y) the Modification Method chosen by the Republic for the consent regarding that proposal, and (z) the identity of the Modifications Calculation Agent, if any.

• Any Cross-Series Modification with Single Aggregated Voting may be made, and future compliance therewith may be waived, with the written consent of the Republic and the affirmative vote or consent of Holders of more than 75% of the aggregate principal amount of the Outstanding Debt Securities of all the Series affected by the proposed Modification (taken in the aggregate).

More Definitions of Cross-Series Modification

Cross-Series Modification means a modification involving (i) the Notes or any agreement governing the issuance or administration of the Notes (including the Fiscal and Paying Agency Agreement), and (ii) the Debt Securities of one or more other series or any agreement governing the issuance or administration of such other Debt Securities;

Cross-Series Modification means a Reserve Matter Modification to the Terms of the Debt Securities of two or more Series or to this Indenture insofar as it affects the Debt Securities of two or more Series.

Cross-Series Modification means a Modification constituting a Reserved Matter affecting two or more Series of Securities.

Cross-Series Modification means a modification involving (i) the OLO 94s and (ii) the debt securities of one or more other series.

Cross-Series Modification means a modification involving (i) these German Government securities and (ii) the German Government securities of other series.

Cross-Series Modification means a Modification constituting a Reserve Matter affecting two or more series of Securities.

Cross-Series Modification means a Modification involving (i) the Notes of any Series or any agreement governing the issuance or administration of the Notes of any Series (including the Agency Agreement, the Deed Poll and the Deed of Covenant), and (ii) the Debt Securities of one or more other series or any agreement governing the issuance or administration of such other Debt Securities;