Common use of Rescission of Acceleration Clause in Contracts

Rescission of Acceleration. At any time after any or all of the Notes shall have been declared immediately due and payable pursuant to paragraph 7A, the Required Holder(s) may, by notice in writing to the Company, rescind and annul such declaration and its consequences if (i) the Company shall have paid all overdue interest on the Notes, the principal of and Yield-Maintenance Amount, if any, payable with respect to any Notes which have become due otherwise than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Notes, (ii) the Company shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this Agreement. No such rescission or annulment shall extend to or affect any subsequent Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Senior Notes shall have been declared immediately due and payable pursuant to paragraph 7Asubsection (b), the Required Holder(s) Holders may, by notice in writing to the Company, rescind and annul such declaration and its consequences if (i) the Company shall have paid all overdue interest on the Senior Notes, the principal of and Yield-Maintenance Amount, if any, payable with respect to any Senior Notes which have become due otherwise than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Senior Notes, (ii) the Company shall not have paid any amounts amounts, other than principal and interest, which have become due solely by reason of such declaration, (iii) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this AgreementSenior Notes. No such rescission or annulment shall extend to or affect any subsequent Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes shall have been declared immediately due and payable pursuant to paragraph 7A10A hereof, the Required Holder(s) Significant Holder may, by notice in writing to the Company, rescind and annul such declaration and its consequences if (i) the Company shall have paid all overdue interest on the Notes, the any principal of and Yield-Maintenance Amount, if any, payable with respect to any Notes which have become due otherwise than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Notes, (ii) the Company shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Defaults and Events of Default and DefaultsDefault, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C 17C hereof, and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this Agreement. No such rescission or annulment shall extend to or affect any subsequent Default or Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes shall have been declared immediately due and payable pursuant to paragraph 7A, the Required Holder(s) may, by notice in writing to the Company, rescind and annul such declaration and its consequences if (i) the Company shall have paid all overdue interest on the Notes, the principal of and Yield-Maintenance Amount, if any, payable with respect to any Notes which have become due otherwise 17 than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Notes, (ii) the Company shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C 11C, and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this Agreement. No such rescission or annulment shall extend to or affect any subsequent Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes -------------------------- Loan shall have been declared immediately due and payable pursuant to paragraph 7ASection 5.2 hereof, the Required Holder(s) Lender may, by notice in writing to the CompanyBorrower, rescind and annul such its declaration and its consequences if if: (ia) the Company Borrower shall have paid all overdue interest on the NotesLoan, the principal of and Yield-Maintenance Amount, if any, payable with respect to any Notes such Loan which have has become due otherwise other than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Notes, herein with respect to such Loan; (iib) the Company Borrower shall not have paid any amounts which have become due solely by reason of such declaration, ; (iiic) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C and Section 6, and (ivd) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this Loan Agreement. No such rescission or annulment shall extend to or affect any subsequent Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes shall have been declared immediately due and payable pursuant to paragraph 7A8A, the Required Holder(s) may, by notice in writing to the Company, rescind and annul such declaration and its consequences if (i) the Company shall have paid all overdue interest on the Notes, the principal of and Yield-Maintenance Amount, if any, payable with respect to any the Notes which have has become due otherwise than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Notes, (ii) the Company shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C 12C, and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this Agreement. No such rescission or annulment shall extend to or affect any subsequent Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes Note shall have been declared immediately due and payable pursuant to paragraph 7ASUBPARAGRAPH (B) or (C) of PARAGRAPH 11.1, the Required Holder(s) Holders may, by written notice in writing to the Company, rescind and annul any such declaration and its consequences with respect to the Notes if (i) the Company shall have paid all overdue interest on the Notesinterest, the principal of and YieldMake-Maintenance Amount, if any, Whole Amount payable with respect to any Notes Note which have become due otherwise than by reason of such declaration, and including any interest on any such overdue interest and overdue interest, principal and Yieldthe Make-Maintenance Amount Whole Amount, at the rate specified in the NotesDefault Rate, (ii) the Company shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C PARAGRAPH 16, and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this AgreementTransaction Documents solely by reason of such declaration. No such rescission or annulment shall extend to or affect any subsequent Default or Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes shall have been declared immediately due and payable pursuant to paragraph 7A, the Required Holder(s) may, by notice in writing to the Company, rescind and annul such declaration and its consequences if (i) the Company 22 shall have paid all overdue interest on the Notes, the principal of and Yield-Yield- Maintenance Amount, if any, payable with respect to any Notes which have become due otherwise than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Notes, (ii) the Company shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C 11C, and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this Agreement. No such rescission or annulment shall extend to or affect any subsequent Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes shall have been declared immediately due and payable pursuant to paragraph 7A8A, the Required Holder(s) may, by notice in writing to the Company, rescind and annul such declaration and its consequences if (i) the Company shall have paid all overdue interest on the Notes, the principal of and Yield-Maintenance Amount, if any, payable with respect to any Notes which have become due otherwise than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Notes, (ii) the Company shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C 12C, and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this Agreement. No such rescission or annulment shall extend to or affect any subsequent Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes Loans and any other Obligations shall have been declared immediately due and payable pursuant to paragraph 7ASection 8.2, the Required Holder(s) Lenders may, by notice in writing to the CompanyBorrowers, rescind and annul such declaration and its consequences if (i) the Company Borrowers shall have paid all overdue interest on the NotesLoans, the principal of and Yield-Maintenance Amount, if any, payable with respect to any Notes the Loans which have has become due otherwise other than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Noteshereunder, (ii) the Company Borrowers shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Defaults and Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C Section 10.1, and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes Loans or this Agreement. No such rescission or annulment shall extend to or affect any subsequent Default or Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes shall have been declared immediately due and payable pursuant to paragraph 7A, the Required Holder(s) Holders may, by notice in writing to the CompanyCorporation, rescind and annul such declaration and its consequences if (i) the Company Corporation shall have paid all overdue interest on the Notes, the principal of and Yield-Yield- Maintenance Amount, if any, payable with respect to any Notes which have become due otherwise than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the Notes, (ii) the Company Corporation shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C 11C, and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes or this Agreement. No such rescission or annulment shall extend to or affect any subsequent Event of Default or Default or impair any right arising therefrom.

Rescission of Acceleration. At any time after any or all of the Notes Convertible Debentures shall have been declared immediately due and payable pursuant to paragraph 7ASection 9.01, the Required Holder(s) Purchaser may, by notice in writing to the Company, rescind and annul such declaration and its consequences if (i) the Company shall have paid all overdue interest on the NotesConvertible Debentures, the principal of and Yield-Maintenance Amount, if any, payable with respect to any Notes Convertible Debentures which have become due otherwise than by reason of such declaration, and interest on such overdue interest and overdue principal and Yield-Maintenance Amount at the rate specified in the NotesConvertible Debentures, (ii) the Company shall not have paid any amounts which have become due solely by reason of such declaration, (iii) all Events of Default and Defaults, other than non-payment of amounts which have become due solely by reason of such declaration, shall have been cured or waived pursuant to paragraph 11C Section 10.03, and (iv) no judgment or decree shall have been entered for the payment of any amounts due pursuant to the Notes Convertible Debentures or this Agreement. No such rescission or annulment shall extend to or affect any subsequent Event of Default or Default or impair any right arising therefrom.