Note Consents Sample Clauses
The Note Consents clause establishes the requirements and procedures for obtaining approval or consent from noteholders regarding specific actions or amendments related to the notes. Typically, this clause outlines which matters require consent, the percentage of noteholders needed to approve changes, and the process for soliciting and recording such consents. For example, it may specify that certain modifications to payment terms or covenants cannot be made without the consent of a majority or supermajority of noteholders. The core function of this clause is to protect the interests of noteholders by ensuring that significant changes affecting their rights cannot be made unilaterally by the issuer, thereby promoting fairness and transparency.
Note Consents. Subject to the terms and conditions of the Merger Agreement, AT&T and AT&T Broadband shall each use its reasonable best efforts to obtain the irrevocable consent to the transactions contemplated hereby of the holders of at least a majority in aggregate principal amount of each series of securities at the time outstanding issued under the Indenture, dated as of September 7, 1990, between American Telephone & Telegraph Company and The Bank of New York, as trustee.
Note Consents. 6.18(b) Note Waivers............................................................6.18(c) Notes...................................................................6.18(a) Notes Exchange Agent....................................................6.18(i) Order....................................................................7.1(d) PageNet................................................................preamble PageNet Affiliates Agreement................................................6.8 PageNet Conditions to the Prepackaged Plan.................................6.19 PageNet Disclosure Letter...................................................5.1 PageNet Exchange Offer..................................................6.18(a) PageNet Exchange Prospectus.............................................6.18(d) PageNet Minimum Condition...............................................6.18(b) PageNet Notes...........................................................6.18(a) PageNet Option.......................................................6.11(a)(i) PageNet Required Consents.............................................5.1(d)(i) PageNet Rights Agreement..............................................5.1(b)(i) PageNet Secured Creditors..................................................6.17