JPMorgan - KASE
JPMorgan - KASE
JPMorgan - KASE
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
(g) waive a redemption payment with respect to any note, (h) release the Company or any other<br />
Guarantor from any of its obligations under any Guarantee of the Notes, or under the Indenture,<br />
except in accordance with the terms of the Indenture, (i) alter the Issuer’s obligation to purchase<br />
any Notes arising under the Indenture, including, without limitation, to amend, modify or<br />
change the obligation of the Issuer to make or consummate a Change of Control Offer or make a<br />
Change of Control Payment or to make or consummate an Asset Sale Offer, or to waive any<br />
default in the performance thereof or modify any of the provisions or definitions with respect to<br />
any such offers, (j) make any change in the provisions described under “— Payment of Additional<br />
Amounts”, (k) change the governing law of the Notes, the Guarantees or the Indenture or (l)<br />
make any change in the foregoing amendment and waiver provisions.<br />
Notwithstanding the foregoing, without the consent of any Holder of Notes, the Issuer, the<br />
Guarantors and the Trustee may amend or supplement the Indenture or the Notes to cure any<br />
ambiguity, defect or inconsistency, to provide for uncertificated Notes in addition to or in place<br />
of certificated Notes, to provide for the assumption of the Issuer’s obligations to Holders of Notes<br />
in the case of a merger, amalgamation or consolidation, to evidence the succession of another<br />
Person to the Issuer and the Guarantors and the assumption by such successor of the covenants<br />
and obligations of the Issuer in the Indenture and the Notes and the Guarantors in the<br />
Guarantees and the Indenture, to provide for security for the Notes and/or the Guarantees, to<br />
make any change that would provide any additional rights or benefits to the Holders of Notes or<br />
that does not adversely affect the legal rights under the Indenture of any such Holder, to add or<br />
release any Guarantor, or to comply with the requirements of the Commission for qualification<br />
of the Indenture under the Trust Indenture Act as if the Indenture were required to be qualified<br />
under the Trust Indenture Act, in each case in conformity with the covenant described under<br />
“Certain Covenants — Limitation as to Unrestricted Subsidiaries”.<br />
Satisfaction and Discharge<br />
The Issuer may terminate its Obligations and the Obligations of the Guarantors under the Notes,<br />
the Guarantees and the Indenture (except as to surviving rights of registration of transfer or<br />
exchange of Notes, the obligations as to mutilated, destroyed, lost or stolen Notes, certain rights,<br />
powers, trusts, duties and immunities of the Trustee as expressly provided for in the Indenture) as<br />
to all outstanding Notes when (a) either (A) all the Notes theretofore authenticated and<br />
delivered (except lost, stolen or destroyed Notes which have been replaced or paid and Notes for<br />
whose payment funds have been deposited in trust by the Issuer and thereafter repaid to the<br />
Issuer or discharged from such trust) have been delivered to the Trustee for cancellation and the<br />
Issuer has paid all sums payable by it under the Indenture or (B) all Notes not theretofore<br />
delivered to the Trustee for cancellation (x) have become due and payable, (y) will become due<br />
and payable at their maturity within one year or (z) are to be called for redemption within one<br />
year under irrevocable arrangements satisfactory to the Trustee for the giving of notice of<br />
redemption by the Trustee in the name, and at the expense, of the Issuer, and the Issuer has<br />
irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust an<br />
amount sufficient to pay and discharge the entire indebtedness on the Notes not theretofore<br />
delivered to the Trustee for cancellation, including principal of, premium, if any, and accrued<br />
interest, if any, on such Notes, at such maturity or redemption date; (b) no Default or Event of<br />
Default with respect to the Indenture or the Notes shall have occurred and be continuing on the<br />
date of such deposit or shall occur as a result of such deposit and such deposit will not result in a<br />
breach or violation of, or constitute a default under, any other instrument to which the Issuer is a<br />
party or by which it is bound; (c) the Issuer and any Guarantor have paid or caused to be paid all<br />
other sums payable under the Indenture by the Issuer or such Guarantor; and (d) the Issuer has<br />
delivered to the Trustee an Officer’s Certificate and Opinion of Counsel stating that all conditions<br />
precedent under the Indenture relating to the satisfaction and discharge have been complied<br />
with and such satisfaction and discharge will not result in a breach or violation of, or constitute a<br />
Default under, the Indenture or breach or violation of any provision of any agreement to which<br />
the Issuer or any Guarantor is a party or by which any of them is bound.<br />
119