Common use of With Consents Clause in Contracts

With Consents. This Bond Indenture and the rights and obligations of the Issuer and of the Holders of the Bonds and of the Trustee may be modified or amended from time to time and at any time by an indenture or indentures supplemental thereto, which the Issuer and the Trustee may enter into when the written consent of (i) each Credit Facility Provider (so long as a Credit Facility on which it is obligated is in effect or any amounts are owing to a Credit Facility Provider and such Credit Facility Provider is not then in default under its payment obligations under its Credit Facility), (ii) the Bondholder Representative (if any), or (iii) the Holders of a majority in aggregate principal amount of all Bonds then Outstanding (if no Credit Facility is any longer in effect or all Credit Facility Providers are then in default under their payment obligations under the Credit Facilities and no Bondholder Agreement is in effect), and the Liquidity Facility Providers (if any), shall have been filed with the Trustee. No such modification or amendment shall (1) extend the fixed maturity of any Bond, or reduce the amount of principal thereof, or change the method of computing the rate of interest thereon, or extend the time of payment of interest thereon, or extend the time of payment or reduce the amount of any Mandatory Sinking Account Payment, or reduce any premium payable upon the redemption thereof, without the consent of the Holder of each Bond so affected, or (2) reduce the aforesaid percentage of Bonds the consent of the Holders of which is required to effect any such modification or amendment, or permit the creation of any lien on the Revenues and other assets pledged under this Bond Indenture prior to or on a parity with the lien created by this Bond Indenture, or deprive the Holders of the Bonds of the lien created by this Bond Indenture on such Revenues and other assets (except as expressly provided in this Bond Indenture), without the consent of the Holders of all of the Bonds then Outstanding, or (3) modify any of the rights or obligations of the Trustee without its prior written consent thereto; nor shall the Trustee be required to consent to any such amendment that adversely affects its rights or obligations hereunder or under the Loan Agreement, the Liquidity Facilities or the Remarketing Agreements. It shall not be necessary for the consent of the Bondholders to approve the particular form of any Supplemental Bond Indenture, but it shall be sufficient if such consent shall approve the substance thereof. Promptly after the execution by the Issuer and the Trustee of any Supplemental Bond Indenture pursuant to this Subsection A, the Trustee shall mail a notice, setting forth in general terms the substance of such Supplemental Bond Indenture, to each Rating Agency then rating Bonds, to the Liquidity Facility Providers (if any), to the Credit Facility Providers (if any) and to the Holders of the Bonds at the addresses shown on the bond registration books of the Trustee. Any failure to give such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such Supplemental Bond Indenture.