Modification of the Indenture. Modification without Consent of Holders. We and the trustee may enter into supplemental indentures without the consent of the holders of debt securities issued under each indenture to, among other things: • secure any debt securities subject to the requirements of the Bank Act; • evidence the assumption by a successor corporation of our obligations; • add covenants or events of default for the protection of the holders of debt securities; • cure any ambiguity or correct any defect or inconsistency or make any other provisions with respect to matters arising under the indenture as we may deem desirable, provided that no such action shall adversely affect the holders in any material respect; • establish the forms or terms of debt securities of any series; • evidence the acceptance of appointment by a successor trustee; • add to, change or eliminate provisions of the indenture that do not (i) apply to any series of debt securities created prior to such supplemental indenture and (ii) modify the rights of any holder of such series of debt securities with respect to such provision; • add to, change or eliminate provisions of the indenture with respect to a new series of debt securities; or • to increase the minimum denomination of debt securities of any series as may be permitted by the terms of such series.
Appears in 2 contracts
Sources: Calculation Agency Agreement (Toronto Dominion Bank), Calculation Agency Agreement (Toronto Dominion Bank)