Note Existing Commitment. The Issuer shall not issue on or after the Closing Date any additional Series 2009-1 Notes pursuant to this Supplement or increase the aggregate Series 2009-1 Note Existing Commitment (except for any such increase in the Series 2009-1 Note Existing Commitment made in accordance with Section 205(d) hereof or Section 2.3 of the Series 2009-1 Note Purchase Agreement) without the prior written consent of the Control Party for the Series 2009-1. Nothing contained in this Section 401 shall prohibit the assignment by any Series 2009-1 Noteholder of all or a portion of its Series 2009-1 Note Existing Commitment if, after giving effect to such assignment, the aggregate Series 2009-1 Note Existing Commitment shall not have increased.
Appears in 3 contracts
Sources: Second Amended and Restated Series 2009 1 Supplement (TAL International Group, Inc.), Amended and Restated Series 2009 1 Supplement (TAL International Group, Inc.), Indenture Supplement (TAL International Group, Inc.)