Indenture Trustee Consent Sample Clauses

The Indenture Trustee Consent clause establishes that certain actions or amendments under an agreement require the prior approval of the indenture trustee. In practice, this means that parties cannot make changes to key terms, such as payment schedules or collateral arrangements, without first obtaining the trustee's written consent. This clause ensures that the trustee, who represents the interests of bondholders or noteholders, has oversight and can prevent modifications that might adversely affect those they represent, thereby safeguarding the integrity of the agreement and protecting investor interests.
Indenture Trustee Consent. The consent of the Indenture Trustee will be required for any amendment to this Agreement pursuant to Sections 7.1(b) or (c) that has a material adverse effect on the rights, duties, obligations, immunities or indemnities of the Indenture Trustee.
Indenture Trustee Consent. No amendment to this Agreement that could have a material adverse effect on the rights or responsibilities of the Indenture Trustee will be effective without the consent of the Indenture Trustee.
Indenture Trustee Consent. By its execution hereof, the Indenture Trustee consents to the execution and delivery by the Issuer of the Amendment to the Transfer Agreement.
Indenture Trustee Consent. 9 SECTION 5.3
Indenture Trustee Consent. Whenever any provision of ------------------------- an Operative Document requires the consent, approval, waiver or the taking of any action by the Indenture Trustee, unless otherwise expressly provided, such consent, approval, waiver or the taking of such action by shall be effected by the Indenture Trustee acting at the direction of a Majority in Interest of Noteholders.

Related to Indenture Trustee Consent

  • Indenture Trustee Not Obligated Notwithstanding anything to the contrary herein, the Indenture Trustee is not obligated to enter into an amendment that adversely affects the Indenture Trustee’s rights, powers, duties, obligations, liabilities, indemnities or immunities under this Indenture.

  • Indenture Trustee In performing its obligations under this Agreement, the Indenture Trustee is subject to, and entitled to the benefits of, the Indenture. The Indenture Trustee will not have any liability for any act or failure to act of the Administrator.