LIMITATION OF AMENDMENTS AND TERMINATION OF THE INDENTURE Sample Clauses

LIMITATION OF AMENDMENTS AND TERMINATION OF THE INDENTURE. Unless and until the principal (and premium, if any) of the Notes and all accrued and unpaid interest thereon have been paid in full, (a) without the prior consent of the holders of not less than a majority in aggregate liquidation amount of the Trust Preferred Securities then outstanding, (i) the Company will not enter into any amendment to the Original Indenture, as supplemented hereby, that would adversely affect the holders of any of the Trust Preferred Securities; (ii) no termination of the Original Indenture, as supplemented hereby, shall occur; and (b) without the consent of each holder of Trust Preferred Securities then outstanding, no amendment to Section 603 hereof may be made. If at any time while the Notes are held by the LLC no Trust Preferred Securities of the Trust remain outstanding, unless and until the principal (and premium, if any) of the Notes and all accrued and unpaid interest thereon have been paid in full, (a) without the prior consent of the holders of not less than a majority in aggregate liquidation amount of the Company Preferred Securities then outstanding, (i) the Company will not enter into any amendment to the Indenture that would adversely affect the holders of any of the Company Preferred Securities, (ii) no termination of the Indenture shall occur; and (b) without the consent of each holder of Company Preferred Securities then outstanding, no amendment to Section 603 hereof may be made.
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LIMITATION OF AMENDMENTS AND TERMINATION OF THE INDENTURE. Unless and until the principal (and premium, if any) of the Notes and all accrued and unpaid interest thereon have been paid in full, (a) without the prior consent of the holders of not less than a majority in aggregate liquidation amount of the Trust Preferred Securities then outstanding (unless the consent of the holders of a greater aggregate liquidation amount is required by the Original Indenture), (i) the Company will not enter into any amendment to the Original Indenture, as supplemented hereby, that would adversely affect the holders of any of the Trust Preferred Securities; (ii) no termination of the Original Indenture, as supplemented hereby, shall occur; and (b) without the consent of each holder of Trust Preferred Securities then outstanding, no amendment to Section 603 hereof may be made. If at any time while the Notes are held by the LLC no Trust Preferred Securities of the Trust remain outstanding, unless and until the principal (and premium, if any) of the Notes and
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Related to LIMITATION OF AMENDMENTS AND TERMINATION OF THE INDENTURE

  • Incorporation of Standard Terms and Conditions of Trust Subject to the provisions of Section 2 and 3 of this Trust Indenture and Agreement set forth below, all of the provisions of the Standard Terms are incorporated by reference in their entirety and shall be deemed to be a part of this instrument as fully to all intents and purposes as though said provisions had been set forth in full in this instrument. Unless otherwise stated, section references shall refer to sections in the Standard Terms.

  • Duration and Termination of Agreement; Amendments (a) Subject to prior termination as provided in subparagraph (d) of this paragraph 9, this Agreement shall continue in force until July 31, 2001 and indefinitely thereafter, but only so long as the continuance after such period shall be specifically approved at least annually by vote of the Trust's Board of Trustees or by vote of a majority of the outstanding voting securities of the Portfolio.

  • Amendments and Termination This Agreement may be amended or terminated only by a written agreement signed by the Company and the Executive.

  • Amendment and Termination of Agreement (a) We may amend any provision of this Agreement by giving you written notice of the amendment. Either party to this Agreement may terminate the Agreement without cause by giving the other party at least thirty (30) days' written notice of its intention to terminate. This Agreement will terminate automatically in the event of its assignment (as defined in the 1940 Act).

  • STANDARD TERMS AND CONDITIONS OF TRUST Subject to the provisions of Part II hereof, all the provisions contained in the Standard Terms and Conditions of Trust are herein incorporated by reference in their entirety and shall be deemed to be a part of this instrument as fully and to the same extent as though said provisions had been set forth in full in this instrument.

  • Effectiveness, Duration and Termination of Agreement This Agreement shall become effective as of the first date above written. This Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive annual periods, provided that such continuance is specifically approved at least annually by (a) the vote of the Corporation’s Board of Directors, or by the vote of a majority of the outstanding voting securities of the Corporation and (b) the vote of a majority of the Corporation’s Directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the Investment Company Act) of any such party, in accordance with the requirements of the Investment Company Act. This Agreement may be terminated at any time, without the payment of any penalty, upon 60 days written notice, by the vote of a majority of the outstanding voting securities of the Corporation, or by the vote of the Corporation’s Directors or by the Adviser. This Agreement will automatically terminate in the event of its “assignment” (as such term is defined for purposes of Section 15(a)(4) of the Investment Company Act). The provisions of Section 8 of this Agreement shall remain in full force and effect, and the Adviser and its representatives shall remain entitled to the benefits thereof, notwithstanding any termination or expiration of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Section 3 of this Agreement through the date of termination or expiration.

  • Term and Termination of the Agreement 3.1 This Agreement shall remain in effect from the date appearing at the top of this Agreement for a period of twenty-four (24) months and continuing thereafter automatically for additional six (6) month terms unless and until terminated by either party upon written notice to the other party given at least thirty (30) days prior to the expiration of the then current term.

  • Amendment and Termination of Plan Notwithstanding any provision in this Adoption Agreement or the Plan to the contrary, Section of the Plan shall be amended to read as provided in attached Exhibit . XX There are no amendments to the Plan.

  • TERM, MODIFICATION AND TERMINATION OF AGREEMENT This Agreement with respect to the Fund shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Adviser may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, however, that the obligation of the Trust to reimburse the Adviser with respect to a Fund shall survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.

  • Duration and Termination of the Agreement This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

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