VARIATION OF DEBENTURE HOLDERS’ RIGHTS Sample Clauses

VARIATION OF DEBENTURE HOLDERS’ RIGHTS. The rights, privileges, terms and conditions attached to the Debentures may be varied, modified or abrogated upon Approved Instructions; provided that nothing in such consent, instruction or resolution shall be operative against the Company where such consent or resolution modifies or varies the terms and conditions governing the Debentures and the same are not acceptable to the Company acting reasonably.
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VARIATION OF DEBENTURE HOLDERS’ RIGHTS. The rights, privileges and conditions attached to the Debentures may be varied, modified or abrogated with the consent in writing of the holders of at least three-fourths of the amount outstanding on the Debentures or with the sanction of a Special Resolution passed at a meeting of the Debenture Holders.
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VARIATION OF DEBENTURE HOLDERS’ RIGHTS. Subject always to the provisions of the Inter-creditor Agreement, the rights, privileges and conditions attached to the Debentures shall not be varied, modified or abrogated without the prior approval of the Majority Debenture Holders or by a special resolution duly passed at a meeting of the Debenture Holders, convened in accordance with the provisions set out in the Schedule V and communication of such approval by the Debenture Trustee to the Issuer. SCHEDULE IV Part A The Issuer shall comply with the below mentioned conditions precedent to the satisfaction of the Debenture Trustee prior to the Issue Opening Date:
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VARIATION OF DEBENTURE HOLDERS’ RIGHTS. The rights, privileges, terms and conditions attached to the relevant tranche or series of the Debentures may be varied, modified or abrogated with the consent, in writing, of not less than 75% of the value of the nominal amount of the relevant tranche or series of the Debentures outstanding, provided that nothing in such consent or resolution shall be operative against the Company if the same are not accepted in writing by the Company.
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VARIATION OF DEBENTURE HOLDERS’ RIGHTS. The rights, privileges, terms and conditions attached to the Debentures may be varied, modified or abrogated in accordance with Clause 14 (Modifications and Waivers) of Part A (Statutory/Standard information pertaining to issuance of non-convertible debentures) of this Deed subject to confirmation by the Issuer.
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VARIATION OF DEBENTURE HOLDERS’ RIGHTS. Subject always to the provisions of the Inter-creditor Agreement, the rights, privileges and conditions attached to the Debentures shall not be varied, modified or abrogated without the prior approval of the Majority Debenture Holders or by a special resolution duly passed at a meeting of the Debenture Holders, convened in accordance with the provisions set out in the Schedule V and communication of such approval by the Debenture Trustee to the Issuer. SCHEDULE IV Part A The Issuer shall comply with the below mentioned conditions precedent to the satisfaction of the Debenture Trustee prior to the Issue Opening Date: certified true copies of the written consent of the Debenture Trustee as per the Act, and the Debenture Trustee Agreement; certified true copies of certificate of incorporation, Memorandum of Association and Articles of Association of the Issuer and Sponsor. Further, the Issuer and Sponsor shall have amended their respective constitutional documents (if required) to the satisfaction of the Debenture Trustee to incorporate the provisions of the Debenture Documents (to which they are a party); certified true copies of board resolution of the Issuer: approving the terms of, and the transactions contemplated by, the Debenture Documents (including authorising creation of Security) to which it is a party and resolving that it can execute the Debenture Documents to which it is a party; and authorising a specified Person or Persons, on its behalf, to negotiate and sign and/or dispatch all documents and notices to be signed and/or dispatched by it under or in connection with the Debenture Documents to which it is a party; certified true copies of board resolution of the Sponsor: approving the terms of, and the transactions contemplated by, the Debenture Documents (including authorising creation of Security) to which it is a party and resolving that it can execute the Debenture Documents to which it is a party; and authorising a specified Person or Persons, on its behalf, to negotiate and sign and/or dispatch all documents and notices to be signed and/or dispatched by it under or in connection with the Debenture Documents to which it is a party; certified true copies of the resolution of the shareholders of the Issuer under Section 42 of the Act wherein the proposed offer of Debentures or invitation to subscribe to the Debentures has been approved; duly authorized specimen signatures of the Persons authorized by the resolutions referred to above; certifi...
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VARIATION OF DEBENTURE HOLDERS’ RIGHTS. The rights, privileges and conditions attached to the Debentures may be varied, modified or abrogated with the consent in writing of the Majority Debenture Holder(s) or if applicable, with the sanction of a Special Resolution, passed at a meeting of the Debenture Holder(s).
Sample 1
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Related to VARIATION OF DEBENTURE HOLDERS’ RIGHTS

  • Rights of Trustee as Holder of Senior Debt; Preservation of Trustee’s Rights The Trustee in its individual capacity shall be entitled to all the rights set forth in this Article XII with respect to any Senior Debt that may at any time be held by it, to the same extent as any other holder of Senior Debt, and nothing in this Indenture shall deprive the Trustee of any of its rights as such holder.

  • Rights of the Holders to Receive Payment Notwithstanding any other provision of this Indenture, the right of any Holder to receive payment of principal of and interest on the Securities held by such Holder, on or after the respective due dates expressed or provided for in the Securities, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder.

  • Registration of the Notes and Each Note Holder The Agent shall keep or cause to be kept at the Agent Office books (the “Note Register”) for the registration and transfer of the Notes. The Agent shall serve as the initial note registrar and the Agent hereby accepts such appointment. The names and addresses of the holders of the Notes and the names and addresses of any transferee of any Note of which the Agent has received notice, in the form of a copy of the assignment and assumption agreement referred to in this Section 15, shall be registered in the Note Register. The Person in whose name a Note is so registered shall be deemed and treated as the sole owner and holder thereof for all purposes of this Agreement. Upon request of a Note Holder, the Agent shall provide such party with the names and addresses of each other Note Holder. To the extent the Trustee or another party is appointed as Agent hereunder, each Note Holder hereby designates such person as its agent under this Section 15 solely for purposes of maintaining the Note Register. In connection with any Transfer of a Note (but excluding any Pledgee unless and until it realizes on its Pledge), a transferee shall execute an assignment and assumption agreement (unless the transferee is a Securitization Trust and the related pooling and servicing agreement requires the parties thereto to comply with this Agreement), whereby such transferee assumes all of the obligations of the applicable Note Holder hereunder with respect to such Note thereafter accruing and agrees to be bound by the terms of this Agreement, including the applicable restriction on Transfers set forth in Section 14, from and after the date of such assignment. No transfer of a Note may be made unless it is registered on the Note Register, and the Agent shall not recognize any attempted or purported transfer of any Note in violation of the provisions of Section 14 and this Section 15. Any such purported transfer shall be absolutely null and void and shall vest no rights in the purported transferee. Each Note Holder desiring to effect such transfer shall, and does hereby agree to, indemnify the Agent and each other Note Holder against any liability that may result if the transfer is not made in accordance with the provisions of this Agreement.

  • Unconditional Right of Holders to Receive Principal and Interest Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest, if any, on such Security on the Stated Maturity or Stated Maturities expressed in such Security (or, in the case of redemption, on the redemption date) and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.

  • Redemption of Rights (a) Until the earliest of (i) the date of the first Section 11(a)(ii) Event, (ii) the date of the first Section 13(a) Event or (iii) the Rights Expiration Date, the Board of Directors of the Company may, at its option, authorize and direct the redemption of all, but not less than all, of the then outstanding Rights at a redemption price of $.001 per Right, as such redemption price shall be appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof (the "Redemption Price"), and the Company shall so redeem the Rights.

  • Unconditional Right of Securityholders to Receive Principal, Premium and Interest Notwithstanding any other provisions in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any) and (subject to Section 3.07) interest on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repayment, on the Redemption Date or Repayment Date, as the case may be) and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

  • Certain Obligations of Holders and Beneficial Owners of Adss 16 Section 3.1 Proofs, Certificates and Other Information 16 Section 3.2 Liability for Taxes and Other Charges 17 Section 3.3 Representations and Warranties on Deposit of Shares 17 Section 3.4 Compliance with Information Requests 18 Section 3.5 Ownership Restrictions. 18

  • Unconditional Right of Noteholders to Receive Principal and Interest Notwithstanding any other provision in this Indenture, other than the provisions hereof limiting the right to recover amounts due on the Notes to recoveries from the property of the Trust Estate, the holder of any Note shall have the absolute and unconditional right to receive payment of the principal of and interest on such Note on the Maturities for such payments, including the Stated Maturity, and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Noteholder.

  • Additional Rights of Holders of Restricted Global Notes and Restricted Definitive Notes In addition to the rights provided to Holders of Notes under the Indenture, Holders of Restricted Global Notes and Restricted Definitive Notes will have all the rights set forth in the Registration Rights Agreement dated as of April 27, 2006, among the Company, the Guarantors and the Placement Agents named therein or, in the case of Additional Notes, Holders of Restricted Global Notes and Restricted Definitive Notes will have the rights set forth in one or more registration rights agreements, if any, among the Company, the Guarantors and the other parties thereto, relating to rights given by the Company and the Guarantors to the purchasers of any Additional Notes (collectively, the “Registration Rights Agreement”).

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