Modification of Agency Agreement. The Issuer and the Guarantor shall only permit any modification of, or any waiver or authorisation of any breach or proposed breach of or any failure to comply with, the Agency Agreement, if to do so could not reasonably be expected to be prejudicial to the interests of the Noteholders.
Modification of Agency Agreement. The Issuer shall only permit any modification of, or any waiver or authorisation of any breach or proposed breach of or any failure to comply with, the Agency Agreement, if to do so could not reasonably be expected to be prejudicial to the interests of the Securityholders and in giving such permission, waiver or authorisation the Issuer shall have regard to interests of the Securityholders as a class and shall not have regard to the consequences of such permission, waiver or authorisation for individual Securityholders or Couponholders.
Modification of Agency Agreement. The Issuer and, in respect of Notes issued by Total Capital, Total Capital Canada or Total Capital International, the Guarantor shall only permit any modification of, or any waiver or authorisation of any breach or proposed breach of or any failure to comply with, the Agency Agreement, if to do so could not reasonably be expected to be prejudicial to the interests of the Noteholders.
Modification of Agency Agreement. The Issuer shall only permit any modification of, or any waiver or authorisation of any breach or proposed breach of or any failure to comply with, the Agency Agreement, if to do so, in the sole opinion of the Issuer, could not reasonably be expected to be materially prejudicial to the interests of the Noteholders or if such modification is of a formal, minor or technical nature or to correct a manifest error or proven error. Any such modification, authorisation or waiver shall be binding on the Noteholders and the Couponholders and, unless the Fiscal Agent otherwise agrees, such modification shall be notified to the Noteholders as soon as practicable.
