📄 Extracted Text (491 words)
determination that such amendment would have a material and adverse effect on the
interests of the Class A-1 Notes, such amendment must be proposed pursuant to Section
8.2(a); provided, however, that if additional Class A-1 Notes have been issued after the
Closing Date, the threshold for objection will be the percentage determined by
multiplying 25% by the ratio (expressed as a percentage) obtained by dividing (A) the
Aggregate Outstanding Amount of Class A-I Notes issued on the Closing Date by (B) the
Aggregate Outstanding Amount of Class A-I Notes as of the date of determination);
(viii) to provide for and/or facilitate the issuance of Additional Securities to the
extent permitted by Section 2.12 (including any Additional Equity Issuance) and to
extend to such Additional Securities (to the extent explicitly provided herein) the benefits
and provisions of this Indenture;
(ix) to take any action necessary or advisable (A) to prevent either of the Co-
Issuers, the Trustee or any Paying Agent from being subject to withholding or other
taxes, fees or assessments, including by achieving FATCA Compliance or (B) to prevent
the Issuer from being treated as engaged in a United States trade or business or otherwise
being subjected to income tax in any jurisdiction outside its jurisdiction of incorporation;
(x) to make any change required by the stock exchange on which any Class of
Securities is listed (or proposed to be listed), if any, in order to permit or maintain such
listing or to facilitate the de-listing of any Class from an exchange;
(xi) to evidence or implement any changes thereto required by applicable law
and related regulations (including, without limitation, the USA PATRIOT Act) to the
extent that they are applicable to the Issuer;
(xii) to facilitate the delivery and maintenance of the Notes in accordance with
the requirements of DTC, Euroclear or Clearstream,
(xiii) to reduce the Authorized Denominations of any Class subject to applicable
law; provided that such reduction does not result in additional requirements in connection
with listing the Securities on any stock exchange;
(xiv) to provide for and/or facilitate a Redemption Financing in accordance with
Section 9.1;
(xv) to effect securities lending in accordance with Section 12.4; or
(xvi) to amend the Indenture or the Securities in any manner which the Issuer
may determine will not materially and adversely affect the interest of any Holder or
beneficial owner of Securities or any Hedge Counterparty (other than any Class and/or
any Hedge Counterparty that has given any required consent to such supplemental
indenture in accordance with Section 8.2); provided that, so long as the Class A-I Notes
are Outstanding, a Majority of the Class A-1 Notes has not provided written notice of its
objection to the Trustee within 15 Business Days of notice of such proposed amendment
based upon such Majority's determination that such amendment would have a material
130
LNG IM CLO 2011-1
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0072178
CONFIDENTIAL SDNY_GM_00218362
EFTA01376226
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EFTA01376226
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