Voting Notes definition
Examples of Voting Notes in a sentence
The Indenture also contains provisions permitting the Holders of Notes representing specified percentages of the Outstanding Amount of the Voting Notes, on behalf of the Holders of all the Notes, to waive compliance by the Owner Trustee with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences.
The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Owner Trustee and the rights of the Noteholders under the Indenture at any time by the Owner Trustee with the consent of the Holders of Notes representing a majority of the Outstanding Amount of all the Voting Notes.
The Holders of a majority in Outstanding Amount of the Voting Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee.
If the Indenture Trustee shall receive conflicting or inconsistent requests and indemnity from two or more groups of Holders of Notes, each representing less than a majority of the Outstanding Amount of the Voting Notes, the Indenture Trustee in its sole discretion may determine what action, if any, shall be taken, notwithstanding any other provisions of this Indenture.
Notwithstanding anything to the contrary ---------- contained in this Agreement, this Agreement may not be assigned by the Seller without the prior written consent of Noteholders whose Notes evidence not less than 66% of the Outstanding Amount of the Voting Notes as of the close of the preceding Distribution Date and of Holders of Certificates evidencing not less than 66% of the ownership interest in the Trust as of the close of the preceding Distribution Date.
The Indenture also contains provisions permitting the Holders of Notes representing specified percentages of the Outstanding Amount of the Voting Notes, on behalf of the Holders of all the Notes, to waive compliance by the Issuer with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences.
The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Issuer and the rights of the Noteholders under the Indenture at any time by the Issuer with the consent of the Holders of Notes representing a majority of the Outstanding Amount of the Voting Notes.
Notwithstanding anything to the contrary contained in this Agreement, this Agreement may not be assigned by the Seller without the prior written consent of Noteholders whose Notes evidence not less than 66% of the Outstanding Amount of the Voting Notes as of the close of the preceding Distribution Date and of Holders of Certificates evidencing not less than 66% of the ownership interest in the Trust as of the close of the preceding Distribution Date.