Common use of Non-Reserve Matters Clause in Contracts

Non-Reserve Matters. Either, (i) at any meeting of holders of Debt Securities of a Series duly called and held as specified in Section 11.1, upon the affirmative vote, in person or by proxy thereunto duly authorized in writing, of the holders of not less than 66 2/3% in aggregate principal amount of the Debt Securities of such Series then Outstanding represented at such meeting, or (ii) with the written consent of the owners of not less than 66 2/3% in aggregate principal amount of the Debt Securities of such Series then Outstanding, Jamaica and the Fiscal Agent, upon agreement between themselves, may modify, amend or supplement the terms of the Debt Securities of such Series or, insofar as respects the Debt Securities of such Series, this Agreement, in any way, other than a modification, amendment or supplement constituting a Reserved Matter (as defined below), and the holders of Debt Securities of such Series may make, take or give any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Agreement or the Debt Securities of such Series to be made, given or taken by holders of Debt Securities of such Series, other than a waiver or other action constituting a Reserved Matter. Any such modification, amendment, supplement, waiver or other action shall be binding on the holders of Debt Securities of such Series.

Appears in 1 contract

Sources: Fiscal Agency Agreement (Jamaica Government Of)

Non-Reserve Matters. EitherUnless otherwise specified in the Authorization for a Series of Debt Securities, either, (i) at any meeting of holders of Debt Securities of a Series duly called and held as specified in Section 11.1, upon the affirmative vote, in person or by proxy thereunto duly authorized in writing, of the holders of not less than 66 2/32⁄3% in aggregate principal amount of the Debt Securities of such Series then Outstanding represented at such meeting, or (ii) with the written consent of the owners of not less than 66 2/32⁄3% in aggregate principal amount of the Debt Securities of such Series then Outstanding, Jamaica and the Fiscal Agent, upon agreement between themselves, may modify, amend or supplement the terms of the Debt Securities of such Series or, insofar as respects the Debt Securities of such Series, this Agreement, in any way, other than a modification, amendment or supplement constituting a Reserved Matter (as defined below), and the holders of Debt Securities of such Series may make, take or give any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Agreement or the Debt Securities of such Series to be made, given or taken by holders of Debt Securities of such Series, other than a waiver or other action constituting a Reserved Matter. Any such modification, amendment, supplement, waiver or other action shall be binding on the holders of Debt Securities of such Series.

Appears in 1 contract

Sources: Fiscal Agency Agreement (Jamaica Government Of)