Common use of Supplemental Indentures With Consent of Bondholders Clause in Contracts

Supplemental Indentures With Consent of Bondholders. With the consent of the Holders of Bonds of each Class affected thereby representing not less than 66 2/3% of Bonds of the Aggregate Current Principal Amount of Outstanding Bonds, by Act of such Holders delivered to the Issuer and the Trustee, the Issuer and the Trustee, by an Issuer Order, may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to, or changing in any manner or eliminating any of the provisions of, this Indenture or of modifying in any manner the rights of the Holders of such Class of Bonds under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Bond affected thereby:

Appears in 3 contracts

Samples: Indenture (National Collegiate Trust 1996-S2), Custodial Agreement (National Collegiate Trust 1996-S2), Custodial Agreement (National Collegiate Trust 1996-S2)

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Supplemental Indentures With Consent of Bondholders. With the consent of the Bond Insurer and with the consent of Holders of Bonds of each Class affected thereby representing not less than 66 2/3% a majority of the Class Balance of all Outstanding Bonds of the Aggregate Current Principal Amount of Outstanding Bonds, both Classes by Act of such said Holders delivered to the Issuer and the Indenture Trustee, the Issuer and the Trustee, by an Issuer Order, Indenture Trustee may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to, or changing in any manner or eliminating any of the provisions of, this Indenture or of modifying in any manner the rights of the Holders of such Class of the Bonds under this Indenture; providedPROVIDED, howeverHOWEVER, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Bond affected thereby:

Appears in 1 contract

Samples: Indenture (American Residential Eagle Bond Trust 1992-2)

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Supplemental Indentures With Consent of Bondholders. With the consent of the Holders of Bonds of each Class affected thereby representing not less than 66 2/3% of Bonds two-thirds of the Aggregate Current aggregate Class Principal Amount of Outstanding Bonds, the Controlling Class by Act of such said Holders delivered to the Issuer Issuer, the Master Servicer and the Trustee, the Issuer Issuer, the Master Servicer and the Trustee, by an Issuer Order, Trustee may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to, or changing in any manner or eliminating any of the provisions of, this Indenture or of modifying in any manner the rights of the Holders of such Class of the Bonds under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Bond affected thereby:

Appears in 1 contract

Samples: Indenture (Sequoia Mortgage Funding Corp)

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