Common use of Modifications Not Requiring the Consent of Holders Clause in Contracts

Modifications Not Requiring the Consent of Holders. The Republic and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series or to this Indenture as it relates to that Series for the purpose of: i. adding to the Republic’s covenants for the benefit of the Holders of the Debt Securities of that Series; ii. surrendering any right or power conferred upon the Republic with respect to Debt Securities of that Series; iii. securing the Debt Securities of that Series; iv. curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or this Indenture; v. amending the Debt Securities of that Series or this Indenture in any manner which the Republic and the Trustee may determine, including amending the denomination of the Debt Securities and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series; vi. correcting a manifest error of a formal, minor or technical nature; or vii. complying with the terms of any exchange and registration rights agreements to be entered among the Republic and the other parties thereto with respect to the Debt Securities of that Series. Any Modification pursuant to items (i) through (vii) above shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such Modification shall be notified by the Republic to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 1 contract

Sources: Indenture (Republic of Argentina)

Modifications Not Requiring the Consent of Holders. The Republic Jamaica and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series or to this Indenture as it relates to that Series for the purpose of: i. (a) adding to the RepublicJamaica’s covenants for the benefit of the Holders of the Debt Securities of that SeriesHolders; ii. (b) surrendering any right or power conferred upon the Republic Jamaica with respect to Debt Securities of that Series; iii. (c) securing the Debt Securities of that Series; iv. (d) curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or this the Indenture; v. (e) amending the Debt Securities of that Series or this Indenture in any manner which the Republic Jamaica and the Trustee may determine, including amending the denomination of the Debt Securities determine and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series;; or vi. correcting (f) correcting, in the opinion of the Trustee, a manifest error of a formal, minor or technical nature; or vii. complying with the terms of any exchange and registration rights agreements to be entered among the Republic and the other parties thereto with respect to the Debt Securities of that Series. Any such technical Modification pursuant to items (i) through (vii) above shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such technical Modification shall be notified by the Republic Trustee to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 1 contract

Sources: First Supplemental Indenture (Jamaica Government Of)

Modifications Not Requiring the Consent of Holders. The Republic Province and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series or to this Indenture as it relates to that Series for the purpose of: i. (i) adding to the RepublicProvince’s covenants for the benefit of the Holders of the Debt Securities of that Series; (ii. ) surrendering any right or power conferred upon the Republic Province with respect to Debt Securities of that Series; (iii. securing ) providing security or collateral with respect to the Debt Securities of that Series; (iv. ) curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or this the Indenture; v. (v) amending the Debt Securities of that Series or this Indenture in any manner which the Republic Province and the Trustee may determine, including amending the denomination of the Debt Securities Securities, and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series;; or (vi. ) correcting a manifest error of a formal, minor or technical nature; or vii. complying with the terms of any exchange and registration rights agreements to be entered among the Republic and the other parties thereto with respect to the Debt Securities of that Series. Any such technical Modification pursuant to items (i) through (vii) above shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such technical Modification shall be notified by the Republic Province to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 1 contract

Sources: Indenture

Modifications Not Requiring the Consent of Holders. The Republic and the Trustee may, without the vote or consent of any Holder of Debt Securities of any Series, agree to a Modification of Debt Securities of such Series or to this Indenture as it relates to that Series for the purpose of: i. adding to the Republic’s covenants for the benefit of the Holders of the Debt Securities of that Series; ii. surrendering any right or power conferred upon the Republic with respect to Debt Securities of that Series; iii. securing the Debt Securities of that Series; iv. curing any ambiguity or curing, correcting or supplementing any defective provision in the Debt Securities of that Series or this Indenture; v. amending the Debt Securities of that Series or this Indenture in any manner which the Republic and the Trustee may determine, including amending the denomination of the Debt Securities determine and which does not materially adversely affect the interests of any Holders of Debt Securities of that Series;; or vi. correcting a manifest error of a formal, minor or technical nature; or vii. complying with the terms of any exchange and registration rights agreements to be entered among the Republic and the other parties thereto with respect to the Debt Securities of that Series. Any such technical Modification pursuant to items (i) through (viivi) above shall be binding on all Holders of Debt Securities of that Series intended to be affected by the Modification and, unless the Trustee otherwise requires, any such technical Modification shall be notified by the Republic to such Holders of Debt Securities as soon as practicable thereafter.

Appears in 1 contract

Sources: Indenture (Uruguay Republic Of)