Modification of the Original Indenture Clause Samples

The "Modification of the Original Indenture" clause defines the process and conditions under which the terms of an existing indenture agreement can be changed. Typically, this clause outlines who must consent to amendments—such as a specified percentage of bondholders or the trustee—and may detail procedures for proposing, approving, and documenting modifications. Its core practical function is to provide a clear, agreed-upon mechanism for updating the contract to address changing circumstances or correct issues, while protecting the interests of all parties involved.
Modification of the Original Indenture. Section 201.
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Modification of the Original Indenture. Paragraph (3) of Section 1.06 of the Original Indenture as modified by Section 2.04 of the First Supplemental Indenture is hereby amended by deleting from paragraph (3) the words "two and one-half (2-1/2) times" and substituting in place thereof the words "two (2) times" and the acceptance of any Bond of the Bonds of the 2031 Series by the holder thereof shall be deemed to constitute a consent to such amendment; provided, however, that such amendment shall not become effective until (a) a further Supplemental Indenture making it effective shall have been executed with the consent of the holders of not less than 75% in principal amount of the Bonds outstanding, including the holders of not less than 60% in principal amount of the Bonds of each series, at the time outstanding, other than Bonds of the 2031 Series and Bonds of any other series in respect of which the Supplemental Indenture creating the series provides that the acceptance of the Bonds of such series by the holder thereof shall be deemed to constitute a consent to such amendment, or (b) none of the Bonds of any series other than Bonds of the 2031 Series and any such other series shall be outstanding.
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Modification of the Original Indenture. Section 1.1 Amendment to Article One of the Original Indenture. (a) Section 1.01 of the Original Indenture is amended by deleting, from the end of clause (i) of subparagraph (x) within the paragraph defining "Permitted Liens," the text "and any proceeds therefrom" and inserting the following text in the place of such deleted text:
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Modification of the Original Indenture. Section 2.1. AMENDMENT OF SECTION 101 OF THE ORIGINAL INDENTURE. Section 101 of the Original Indenture is hereby amended by adding the following new definitions, which shall be inserted in the definitions in appropriate alphabetical order:
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Modification of the Original Indenture 
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Related to Modification of the Original Indenture

  • of the Original Indenture Section 4.13 of the Original Indenture is hereby amended to read in its entirety as follows:

  • Ratification of Original Indenture The Original Indenture, as supplemented by this Supplemental Indenture, is in all respects ratified and confirmed, and this Supplemental Indenture shall be deemed part of the Original Indenture in the manner and to the extent herein and therein provided. For the avoidance of doubt, each of the Company and each Holder of the Notes, by its acceptance of such Notes, acknowledges and agrees that all of the rights, privileges, protections, immunities and benefits afforded to the Trustee and the Paying Agent under the Original Indenture are deemed to be incorporated herein, and shall be enforceable by the Trustee and the Paying Agent hereunder, as if set forth herein in full. U.S. Bank National Association hereby accepts the trusts in this Supplemental Indenture declared and provided, upon the terms and conditions herein above set forth.

  • Ratification and Incorporation of Original Indenture As supplemented hereby, the Original Indenture is in all respects ratified and confirmed, and the Original Indenture and this Supplemental Indenture shall be read, taken and construed as one and the same instrument.

  • Benefits of First Supplemental Indenture Nothing in this First Supplemental Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto, any benefit or any legal or equitable right, remedy or claim under this First Supplemental Indenture.

  • of the Base Indenture The Issuers shall notify the Trustee in writing of the amount of defaulted interest proposed to be paid on each Note and the date of the proposed payment. The Issuers shall fix or cause to be fixed each such special record date and payment date; provided that no such special record date shall be less than 10 days prior to the related payment date for such defaulted interest. At least 15 days before the special record date, the Issuers (or, upon the written request of the Issuers, the Trustee in the name and at the expense of the Issuers) shall mail or cause to be mailed to Holders a notice that states the special record date, the related payment date and the amount of such interest to be paid.