Adjustments Affecting the Notes Clause Samples
The "Adjustments Affecting the Notes" clause defines how changes or modifications to the terms of the notes may be made in response to certain events or circumstances. Typically, this clause outlines the specific triggers—such as changes in law, market disruptions, or corporate actions—that may require the terms of the notes, like interest rates, maturity dates, or payment amounts, to be adjusted. Its core practical function is to ensure that the notes remain fair and enforceable for both parties by providing a mechanism to address unforeseen events that could otherwise undermine the original agreement.
Adjustments Affecting the Notes. The Company will not take any action, or permit any change to occur, with respect to the Registrable Notes that would materially and adversely affect the ability of the Holders to Consummate any Exchange Offer.
Adjustments Affecting the Notes. Neither the Company nor any Guarantor will take any action, or permit any change to occur, with respect to the Notes that would materially and adversely affect the ability of the Holders to Consummate any Exchange Offer.
Adjustments Affecting the Notes. The Company and the Guarantors shall not take any action with respect to the Notes that would materially and adversely affect the ability of the Holders to Consummate the Exchange Offer.
Adjustments Affecting the Notes. The Obligors will not take any action, or permit any change to occur, with respect to the Initial Notes and/or the Exchange Notes that would materially and adversely affect their ability to Consummate the Exchange Offer.
Adjustments Affecting the Notes. The Issuers will not take any action, or permit any change to occur, with respect to the Notes that would materially and adversely affect the ability of the Holders to Consummate any Exchange Offer.
Adjustments Affecting the Notes. Without the written consent of the Holders of a majority in aggregate principal amount of outstanding Transfer Restricted Securities, the Company will not take (nor permit any Subsidiary Guarantor to take) any action, or permit any change to occur, with respect to the Notes that would materially and adversely affect the ability of the Holders to Consummate any Exchange Offer.
Adjustments Affecting the Notes. The Company and Parent Guarantor will not take any action, or permit any change to occur, with respect to the Notes that would materially and adversely affect the ability of the Holders to Consummate any Exchange Offer except such actions or changes as required by law.
Adjustments Affecting the Notes. The Company and the Trust will not take any action, or permit any change to occur, with respect to Securities that would materially and adversely affect the ability of the Holders to Consummate any Exchange Offer.
Adjustments Affecting the Notes. Neither the Issuer nor any Guarantor will take any action, or permit any change to occur, with respect to the Notes that would materially and adversely affect the ability of the Holders to Consummate any Exchange Offer.
Adjustments Affecting the Notes. Without the written consent of the Holders of a majority in aggregate principal amount of outstanding Transfer Restricted Notes, the Issuer and the Subsidiary Guarantors will not take any action, or permit any change to occur, with respect to the Notes that would materially and adversely affect the ability of the Holders to Consummate any Exchange Offer.