Amendment to Secured Notes Indenture Sample Clauses
The Amendment to Secured Notes Indenture clause establishes the terms and procedures for modifying the original agreement governing secured notes. Typically, this clause outlines who must consent to changes, the process for proposing amendments, and any limitations on what can be altered, such as requiring majority noteholder approval for significant modifications. Its core function is to provide a clear and orderly mechanism for updating the indenture to address changing circumstances or correct issues, while protecting the interests of both the issuer and the noteholders.
Amendment to Secured Notes Indenture. On the Closing Date (and immediately following the transactions described in Sections 1.2, 1.3 and 1.4, the cancellation of indebtedness described in Section 1.5, and the certification of the Retained Debt described in Section 1.6), Finance Co, as the sole owner of all outstanding Senior Secured Notes, shall consent to the entry into the tenth supplemental indenture to the indenture governing the Senior Secured Notes (in the form attached hereto as Exhibit G).