Deletion of Certain Provisions. Pursuant to the terms of the Offer and the consent of Holders representing at least a majority in aggregate principal amount of the outstanding Notes, and with respect to the proposed amendment to eliminate the Issuers' obligation to repurchase the Notes upon a Change of Control having been approved by at least 662/3% in aggregate principal amount of the outstanding Notes, the Indenture is hereby amended to delete the following sections in their entirety and, in the case of each such section, insert in lieu thereof the phrase ["Intentionally Omitted"], and any and all references to such sections, any and all obligations thereunder and any event of default related solely to the following sections are hereby deleted throughout the Indenture, and such sections and references shall be of no further force or effect.
Appears in 2 contracts
Sources: First Supplemental Indenture (Waterford Gaming Finance Corp), First Supplemental Indenture (Waterford Gaming LLC)