Common use of Outstanding Debt Securities Clause in Contracts

Outstanding Debt Securities. In determining whether holders of the requisite principal amount of outstanding debt securities of another series have voted in favor of a proposed cross series modification and/or cross series proposal or whether a quorum is present at any meeting of the holders of such debt securities called to vote on a proposed cross series modification and/or cross series proposal, an affected debt security will be deemed to be not outstanding, and may not be voted for or against a proposed cross series modification and/or cross series proposal or counted in determining whether a quorum is present, in accordance with the applicable terms and conditions of that debt security.

Outstanding Debt Securities. In determining whether holders of the requisite principal amount of outstanding debt securities Debt Securities of another series have voted in favor favour of a proposed cross series modification and/or cross series proposal Cross-Series Modification or whether a quorum is present at any meeting of the holders of such debt securities Debt Securities called to vote on a proposed cross series modification and/or cross series proposalCross-Series Modification, an affected debt security Debt Security will be deemed to be not outstanding, and may not be voted for or against a proposed cross series modification and/or cross series proposal Cross-Series Modification or counted in determining whether a quorum is present, in accordance with the applicable terms and conditions of that debt securityDebt Security.