Single Series Reserve Matter Modification definition

Single Series Reserve Matter Modification means a Single Series Modification that constitutes or includes a Reserve Matter Modification.
Single Series Reserve Matter Modification means a Modification of the kind described in subsection (f) above.
Single Series Reserve Matter Modification means a Modification of the kind described in subsection (f) above. “Uniformly Applicable,” in the context of a proposed Cross-Series Modification, means a Modification by which holders of Securities of all series affected by that Modification are invited to exchange, convert or substitute their Securities on the same terms for (x) the same new instruments or other consideration or (y) new instruments or other consideration from an identical menu of instruments or other consideration. It is understood that a Modification will not be considered to be Uniformly Applicable if each exchanging, converting or substituting holder of Securities of any series affected by that Modification is not offered the same amount of consideration per amount of principal, the same amount of consideration per amount of interest accrued but unpaid and the same amount of consideration per amount of past due interest, respectively, as that offered to each other exchanging, converting or substituting holder of Securities of any series affected by that Modification (or, where a menu of instruments or other consideration is offered, each exchanging, converting or substituting holder of Securities of any series affected by that Modification is not offered the same amount of consideration per amount of principal, the same amount of consideration per amount of interest accrued but unpaid and the same amount of consideration per amount of past due interest, respectively, as that offered to each other exchanging, converting or substituting holder of Securities of any series affected by that Modification electing the same option under such menu of instruments).

Examples of Single Series Reserve Matter Modification in a sentence

  • Any Single Series Reserve Matter Modification may be made, and future compliance therewith may be waived, with the written consent of the Province and the affirmative vote or consent of Holders of more than 75% of the aggregate principal amount of the Outstanding Debt Securities of that Series.


More Definitions of Single Series Reserve Matter Modification

Single Series Reserve Matter Modification means a Modification of the kind described in Paragraph 18(d).
Single Series Reserve Matter Modification means a Modification of the kind described in “—Single Series Reserve Matter Modifications.”

Related to Single Series Reserve Matter Modification

  • 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.

  • Investment Strategy Modification means with respect to an Investment Strategy, the Portfolio Administrator makes operational adjustments to the Investment Strategy to ensure that, so far as possible, the basic principles and economic effect of the Investment Strategy are maintained or any material modification to the Investment Strategy or its implementation by the Portfolio Administrator.

  • Major modification means any physical change in or change in the method of operation of a major stationary source that would result in a significant emissions increase of a regulated NSR pollutant and a significant net emissions increase of that pollutant from the major stationary source.