Common use of Rating Agency Confirmation Clause in Contracts

Rating Agency Confirmation. This Section 10.1 is not intended to limit, expand, alter or override the provisions of paragraphs (aa) and (cc) following the Granting Clauses hereof which govern with respect to the matters covered therein. Notwithstanding the foregoing, no Supplemental Indenture nor any amendment to, modification of or replacement of any other Security Document or the Participation Agreement shall become effective except with the consent of the Noteholders of all Notes then outstanding if as a result thereof the amounts payable to the Lessor under the Lease (other than Excepted Payments) and assigned to the Indenture Trustee hereunder shall not be sufficient to pay when due the principal of, Premium, if any, and interest on all Outstanding Notes.

Appears in 2 contracts

Sources: Trust Indenture and Security Agreement (Royal Ahold), Trust Indenture and Security Agreement (Royal Ahold)