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;