Approval of Reserved Matters. (i) At any meeting of holders of Securities of a Series duly called and held as specified above, upon the affirmative vote, in person or (in the case of registered owners of Securities of such Series) by proxy Table of Contents thereunto duly authorized in writing, of the holders of not less than 75% in aggregate principal amount of the Securities of such Series then Outstanding, or (ii) with the written consent of the owners of not less than 75% in aggregate principal amount of the Securities of such Series then Outstanding, the Issuer and the Fiscal Agent may modify, amend, supplement or waive the terms of the Securities of such Series or, insofar as respects the Securities of such Series, this Agreement, in any way that would (A) change the due date for the payment of the principal of (or premium, if any) or any installment of interest on any Security of such Series, (B) reduce the principal amount of any Security of such Series, the portion of such principal amount which is payable upon acceleration of the maturity of such Security, the interest rate thereon or the premium payable upon redemption thereof, (C) change the coin or currency in which or the required places at which payment with respect to interest, premium or principal in respect of Securities of such Series is payable, (D) shorten the period during which the Issuer is not permitted to redeem the Securities of such Series, or permit the Issuer to redeem the Securities of such Series if, prior to such action, the Issuer is not permitted so to do, (E) reduce the proportion of the principal amount of Securities of such Series the vote or consent of the holders of which is necessary to modify, amend or supplement this Agreement or the terms and conditions of the Securities of such Series or to make, take or give any request, demand, authorization, direction, notice, consent, waiver or other action provided hereby or thereby to be made, taken or given, (F) change the obligation of the Issuer to pay additional amounts with respect to the Securities of such Series, (G) change the definition of “Outstanding” with respect to the Securities of such Series, (H) in connection with an exchange offer for the Securities of such Series, amend in any way the provision on events of default in the terms of the Securities of such Series, (I) change the governing law provision of the Securities of such Series, or (J) change the courts to the jurisdiction of which the Issuer has submitted, the Issuer’s obligation to appoint and maintain an Authorized Agent as set forth in Section 14 hereof, or the Issuer’s waiver of immunity, in respect of actions or proceedings brought by any holder based upon the Securities of such Series, as set forth in Section 14 hereof. Each of the actions set forth in clauses (A) through (J) of the preceding sentence is referred to herein as a “Reserved Matter.”
Appears in 1 contract
Approval of Reserved Matters. (i) At any meeting of holders of Debt Securities of a Series duly called and held as specified above, upon the affirmative vote, in person or (in the case of registered owners of Securities of such Series) by proxy Table of Contents thereunto duly authorized in writing, of the holders of not less than 75% in aggregate principal amount of the Debt Securities at the time outstanding, or in the case of such Series then Outstandingan adjourned meeting of not less than 50% in aggregate principal amount of the Debt Securities at the time outstanding, or (ii) with the by written consent of the owners holders (which may be contained in one document or several documents in the same form, each signed by or on behalf of one or more holders of Debt Securities) of not less than 75% in aggregate principal amount of the Debt Securities of such Series then Outstandingat the time outstanding, the Issuer Republic and the Fiscal Agent may modify, amend, amend or supplement or waive the terms of the Debt Securities of such Series or, insofar as respects the Securities of such SeriesDebt Securities, this Agreement, in any way that would (A) change the due date for the payment of the principal of principal, premium (or premium, if any) or any installment of interest on any Security of such Seriesthe Debt Securities, (B) reduce or cancel the principal amount or redemption price or premium (if any) of any Security of such Seriesthe Debt Securities, (C) reduce the portion of such the principal amount which is payable upon acceleration of the maturity of such Securitythe Debt Securities, (D) reduce the interest rate thereon on the Debt Securities or the any premium payable upon redemption thereofof the Debt Securities, (CE) change the coin or currency in which interest, premium (if any) or principal will be paid or the required places at which payment with respect to interest, premium (if any) or principal in respect of the Debt Securities of such Series is payable, (DF) shorten the period during which the Issuer Republic is not permitted to redeem the Securities of such SeriesDebt Securities, or permit the Issuer Republic to redeem the Debt Securities of such Series if, prior to such action, the Issuer Republic is not permitted so to dodo so, (EG) reduce the proportion of the principal amount of the Debt Securities of such Series the whose vote or consent of the holders of which is necessary to modify, amend or supplement this Agreement or the terms and conditions of the Debt Securities, (H) reduce the proportion of the principal amount of the Debt Securities of such Series whose vote or consent is necessary to make, take or give any request, demand, authorization, direction, notice, consent, waiver or other action provided hereby or thereby to be made, taken made in this Agreement or giventhe terms and conditions of the Debt Securities, (FI) change the obligation of the Issuer Republic to pay additional amounts with respect to the Securities of such SeriesDebt Securities, (GJ) change the definition of “Outstandingreserved matters” with respect to the Securities or of such Series“outstanding” contained in this Agreement, (H) in connection with an exchange offer for the Securities of such Series, amend in any way the provision on events of default in the terms of the Securities of such Series, (IK) change the governing law provision of the Securities of such SeriesDebt Securities, or (JL) change the courts to the jurisdiction of which the Issuer Republic has submitted, its obligation under this Agreement or the Issuer’s obligation terms and conditions of the Debt Securities to appoint and maintain an Authorized Agent as set forth in Section 14 hereof, agent for service of process or the Issuer’s waiver of immunity, immunity in respect of actions or proceedings brought by any holder based upon the Debt Securities, or (M) appoint a committee to represent holders of the Debt Securities after an Event of such Series, as set forth in Section 14 hereofDefault occurs with respect to the Debt Securities. Each of the actions set forth in clauses (A) through (JM) of the preceding sentence is referred to herein as a “Reserved Matter”.”
Appears in 1 contract