Effect of Series Supplement Sample Clauses

The 'Effect of Series Supplement' clause defines how a specific supplement or addendum related to a particular series of securities or obligations interacts with the main agreement. Typically, this clause clarifies that the terms set out in the series supplement will either modify, add to, or override certain provisions of the base agreement as they pertain to that series. For example, if a new series of bonds is issued, the supplement may specify unique interest rates or maturity dates applicable only to that series. The core function of this clause is to ensure that any special terms for a particular series are clearly integrated into the overall agreement, thereby preventing conflicts or ambiguities between the base document and the supplement.
Effect of Series Supplement. Upon the execution of the Series Supplement or any amendment pursuant to the provisions of the Series Supplement or hereof, this Indenture shall be and be deemed to be modified and amended in accordance therewith with respect to the Notes affected thereby, and the respective rights, limitations of rights, obligations, duties, liabilities and immunities under this Indenture of the Indenture Trustee, the Issuer and the Holders of the Notes shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of the Series Supplement or any amendment shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes.
Effect of Series Supplement. 57 SECTION 9.6 Conformity With Trust Indenture Act..........................................57 SECTION 9.7 Reference in Notes to Series Supplements.....................................57 ARTICLE X. Reserved...............................................................................58 ARTICLE XI. Miscellaneous.........................................................................58
Effect of Series Supplement. Upon the execution of any Series Supplement or amendment pursuant to the provisions of such Series Supplement or hereof, this Indenture shall be and be deemed to be modified and amended in accordance therewith with respect to the Notes affected thereby, and the respective rights, limitations of rights, obligations, duties, liabilities and immunities under this Indenture of the Trustee, the Issuer and the Holders of the Notes shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such Series Supplement or Amendment shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes.
Effect of Series Supplement. 48 SECTION 9.6 Conformity With Trust Indenture Act . . . . . . . . . . . . . . 48 SECTION 9.7 Reference in Notes to Series Supplements. . . . . . . . . . . . 48 ARTICLE X. Reserved. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 ARTICLE XI. Miscellaneous. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49

Related to Effect of Series Supplement

  • of the Series Supplement The REMIC Administrator and the Trustee shall not permit the creation of any "interests" (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "regular interests" and "residual interests" so designated.

  • Compliance with Trust Indenture Act; Effect of Supplemental Indentures Any supplemental indenture executed pursuant to the provisions of this Article IX shall comply with the Trust Indenture Act. Upon the execution of any supplemental indenture pursuant to the provisions of this Article IX, this Indenture shall be and be deemed to be modified and amended in accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company and the holders of Securities shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes.

  • Notation on Securities in Respect of Supplemental Indentures Securities of any series authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this Article may bear a notation in form approved by the Trustee for such series as to any matter provided for by such supplemental indenture or as to any action taken by Securityholders. If the Issuer or the Trustee shall so determine, new Securities of any series so modified as to conform, in the opinion of the Trustee and the Board of Directors, to any modification of this Indenture contained in any such supplemental indenture may be prepared by the Issuer, authenticated by the Trustee and delivered in exchange for the Securities of such series then Outstanding.

  • Ratification of Indenture and Indenture Supplement As supplemented by this Terms Document, each of the Indenture and the Indenture Supplement is in all respects ratified and confirmed and the Indenture as supplemented by the Indenture Supplement and this Terms Document shall be read, taken and construed as one and the same instrument.

  • Effect of Supplemental Indentures Upon the execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated and delivered hereunder shall be bound thereby.