Single Series Non-Reserve Matter Modifications Sample Clauses

The Single Series Non-Reserve Matter Modifications clause defines the process by which changes can be made to the terms of a specific series of securities, excluding matters that require reserve or pooled decision-making. Typically, this clause allows holders of a particular series to approve modifications that affect only their series, such as changes to interest rates or payment schedules, without needing consent from holders of other series. Its core function is to streamline decision-making and provide flexibility for series-specific adjustments, ensuring that only directly impacted parties are involved in the approval process.
Single Series Non-Reserve Matter Modifications. Single Series Non-Reserve Matter Modifications proposed by the Republic that are not technical Modifications covered by Section 11.1 may be approved by Holders of Debt Securities (by vote at a meeting of Holders of Debt Securities or by a written action), and future compliance therewith may be waived, with the written consent of the Republic and the affirmative vote (if approved at a meeting of Holders of the Debt Securities) or consent (if approved by a written action) of Holders of more than 50% of the aggregate principal amount of the Outstanding Debt Securities of that Series.
Single Series Non-Reserve Matter Modifications. Single Series Non-Reserve Matter Modifications proposed by Israel that are not covered by Section 11-2(b) may be approved by holders of Securities (by vote at a meeting of holders of Securities or by a written action), and future compliance therewith may be waived, with the written consent of Israel and the affirmative vote (if approved at a meeting of holders of the Securities) or consent (if approved by a written action) of holders of more than 50% of the aggregate principal amount of the Outstanding Securities of that Series.

Related to Single Series Non-Reserve Matter Modifications

  • Amendments, Modifications, etc This Agreement may not be amended or modified except by an agreement in writing executed by Exchangeco, Patch and the Trustee and approved by the Shareholders in accordance with section 11.2 of the Exchangeable Share Provisions.

  • Acceptable Modifications This Guaranty shall be binding upon the Guarantor and upon its successors and assigns and shall inure to the benefit of and be enforceable by the Guaranteed Party and their successors and assigns; provided, however, that the Guarantor may not assign or transfer any of its rights or obligations hereunder without the prior written consent of the Guaranteed Party, which consent may not be unreasonably withheld or delayed. The assignment rights of the Guaranteed Party will be in accordance with any applicable terms of the Agreement.

  • Cost Modifications The parties may agree to a reduction in the cost of the Contract at any time during which the Contract is in effect. Without intending to impose a limitation on the nature of the reduction, the reduction may be to hourly, staffing or unit costs, the total cost of the Contract or the reduction may take such other form as the State deems to be necessary or appropriate.

  • Amendments; Modifications This Agreement may not be amended or modified except in a writing duly executed by authorized representatives of both Parties.

  • Agreement Modifications No waiver, alteration or modification of any of the provisions of this Construction Services Agreement shall be binding upon either District or Contractor unless the same shall be in writing and signed by both District and Contractor.