Common use of Non-Reserved Matters Clause in Contracts

Non-Reserved Matters. At (i) any meeting of Bondholders duly called and held as specified above, upon the affirmative vote, in person or by proxy thereunto duly authorized in writing, of the holders of not less than 50% in aggregate principal amount of the Bonds of the relevant Series at the time Outstanding (or of such other percentage as may be set forth in the Terms with respect to the action being taken), or (ii) with the written consent of the holders of not less than 50% in aggregate principal amount of the Bonds of the relevant Series at the time Outstanding (or of such other percentage as may be set forth in the Terms with respect to the action being taken), the Republic and the Fiscal Agent may modify, amend or supplement the Terms of the Bonds of the relevant Series or, insofar as respects such Bonds or this Fiscal Agency Agreement, in any way, in each case other than any modification, amendment or supplement constituting a Reserved Matter, and the Bondholders may make, take or give any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Fiscal Agency Agreement or the Bonds of the relevant Series to be made, given or taken by Bondholders, in each case other than any request, demand, authorization, direction, notice, waiver or action constituting a Reserved Matter.

Appears in 2 contracts

Sources: Fiscal Agency Agreement (Republic of Chile), Fiscal Agency Agreement (Republic of Chile)