Common use of Supplements, Amendments and Waivers Clause in Contracts

Supplements, Amendments and Waivers. Subject to certain exceptions, the Indenture, the Notes or the Guarantees of the Notes may be amended or supplemented with the consent of the Holders of at least a majority in principal amount of the Notes then outstanding (including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, Notes), and any existing default or compliance with any provision of the Indenture, the Notes or the Guarantees of the Notes may be waived with the consent of the Holders of a majority in principal amount of the then outstanding Notes (including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, Notes). The Company and the Trustee may amend or supplement the Indenture, the Notes and the Guarantees of the Notes without notice to or the consent of any holder of Notes in certain circumstances described in the Indenture. Amendments to the Collateral Documents shall be made in accordance with their terms.

Appears in 4 contracts

Samples: Fourth Supplemental Indenture (Owens Illinois Group Inc), Fourth Supplemental Indenture (Owens Illinois Inc /De/), NHW Auburn LLC

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