Common use of Limitation on Amendments Clause in Contracts

Limitation on Amendments. In the event the consent of the Property Trustee, as the holder of the Debentures, is required under this Indenture with respect to any amendment, modification or termination of this Indenture, no such amendment, modification or termination shall be effective unless the Property Trustee shall have requested the direction of the holders of the Trust Securities with respect to and shall have voted with respect to such amendment, modification or termination as directed by a majority in liquidation amount of the Trust Securities voting together as a single class; provided, however, that where a consent under this Indenture would require the consent of a Super-Majority, the Property Trustee may only give such consent at the direction of the holders of at least the proportion in liquidation amount of the Trust Securities which the relevant Super-Majority represents of the aggregate principal amount of the Debentures outstanding.