Modification and Amendment of the Indenture Sample Clauses

The "Modification and Amendment of the Indenture" clause outlines the procedures and requirements for making changes to the terms of the indenture agreement. Typically, this clause specifies who must consent to amendments—such as the issuer, trustee, and a certain percentage of bondholders—and may distinguish between changes that require unanimous approval and those that can be made with majority consent. Its core function is to provide a clear, structured process for updating the agreement, ensuring that all parties understand how modifications can be lawfully enacted and protecting the interests of both the issuer and the bondholders.
Modification and Amendment of the Indenture. Section 7.01 Amendments 27 Section 7.02 Effect of Supplemental Agreement 28 Section 7.03 Amendment by Mutual Consent 28 Section 8.01 Events of Default 28 Section 8.02 Remedies 28 Section 8.03 Application of Revenues and Other Funds After Default 29 Section 8.04 Power of Trustee to Control Proceedings 30 Section 8.05 Appointment of Receivers 30 Section 8.06 Non-Waiver 30 Section 8.07 Rights of Bond Owners 30 Section 8.08 Termination of Proceedings 31 (continued) ARTICLE IX DEFEASANCE OF BONDS Section 9.01 Discharge of Bonds 31 Section 9.02 Provisions and Restrictions with Respect to Defeasance 32 ARTICLE X MISCELLANEOUS Section 10.01 Limited Liability of Authority 33 Section 10.02 Benefits of Indenture Limited to Parties 33 Section 10.03 Successor Is Deemed Included in All References to Predecessor 33 Section 10.04 Content of Written Certificates and Opinions 33 Section 10.05 Execution of Documents by Bond Owners 34 Section 10.06 Disqualified Bonds 34 Section 10.07 Waiver of Personal Liability 34 Section 10.08 Partial Invalidity 35 Section 10.09 Destruction of Cancelled Bonds 35 Section 10.10 Funds and Accounts 35 Section 10.11 Payment on Business Days 35 Section 10.12 Notices 35 Section 10.13 Unclaimed Moneys 36 Section 10.14 Governing Law 36 Section 10.15 Execution in Counterparts 36 EXHIBIT A FORM OF BOND .................................................................................................. A-1
View Source
Modification and Amendment of the Indenture 
View SourceView Similar (7)

Related to Modification and Amendment of the Indenture

  • Modification and Amendment This Agreement may not be amended or modified, except by a written instrument signed by Class Counsel and counsel for Defendant and, if the Settlement has been approved preliminarily by the Court, approved by the Court.

  • Modification and Amendments If a Fund shall determine that the coverage required by Rule 17g-1 for the Fund has changed, or that the amount of the total coverage allocated to the Fund should otherwise by modified, it shall so notify the other Funds and shall set forth the modification which it believes to be appropriate, and the proposed treatment of any increase in or return of premium paid to the insurance company. Within 60 days after such notice, the Funds shall seek the approvals required by Rule 17g-1, and if the approvals are obtained, shall effect an amendment to this Agreement and the bond. Any Fund may terminate this Agreement (except with respect to losses occurring prior to such withdrawal) by giving at least 60 days’ written notice to the other Funds and to the Commission before the effective date of such termination. The Fund terminating the Agreement shall thereafter be removed as a named insured under the bond in accordance with Rule 17g-1 and the Fund shall be entitled to receive a pro rata portion of any return of premium paid to the insurance company.

  • Modifications to Loan Agreement 1 The Loan Agreement shall be amended by deleting the following text appearing as Section 7.9 (Subordinated Debt) thereof:

  • Modifications and Amendments The terms and provisions of this Agreement may be modified or amended only by written agreement executed by all parties hereto.

  • Modification, Amendment and Waiver The authority of the Trustees hereunder to authorize the Trust to enter into contracts or other agreements or arrangements shall include the authority of the Trustees to modify, amend, waive any provision of supplement, assign all or a portion of, novate, or terminate such contracts, agreements or arrangements. The enumeration of any specific contracts in this Section 5.12 shall in no way be deemed to limit the power and authority of the Trustees as otherwise set forth in this Declaration of Trust to authorize the Fund to engage, contract with or make payments to such Persons as the Trustees may deem desirable for the transaction of the business of the Fund.