Common use of Supplemental Agreements with Consent of Holders Clause in Contracts

Supplemental Agreements with Consent of Holders. With the consent of the Holders of not less than a majority in principal amount of the outstanding Notes, by written notice of said Holders delivered to the Company, the Company, when authorized by a resolution of the Board of Directors, may enter into an agreement supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Note or of modifying in any manner the rights of the Holders under this Note; provided, however, that no such supplemental agreement shall, without the consent of the Holder of each outstanding Note affected thereby,