Revocation and Effect of Consent Clause Samples

Revocation and Effect of Consent. Until an amendment or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the Security of the consenting Holder, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to its Security or portion of its Security. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective with respect to any Securities affected thereby on receipt by the Trustee of written consents from the requisite Holders of outstanding Securities affected thereby. The Company may, but shall not be obligated to, fix a record date (which may be not less than five nor more than 60 days prior to the solicitation of consents) for the purpose of determining the Holders of the Securities of any series affected entitled to consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the immediately preceding paragraph, those Persons who were such Holders at such record date (or their duly designated proxies) and only those Persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be such Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Revocation and Effect of Consent. 52 SECTION 9.04. Notation on or Exchange of Securities.........................53 SECTION 9.05. Trustee to Sign Amendments, Etc...............................53 SECTION 9.06. Conformity with Trust Indenture Act...........................53

Revocation and Effect of Consent. Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the Security of the consenting Holder, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to its Security or portion of its Security. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective on receipt by the Trustee of written consents from the Holders of the requisite percentage in principal amount of the outstanding Securities of the affected series.

Revocation and Effect of Consent. Until an amendment or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security that evidences the same debt as the Security of the consenting Holder, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to its Security. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective with respect to any Securities affected thereby on receipt by the Trustee of written consents from the requisite Holders of outstanding Securities affected thereby. The Company may, but shall not be obligated to, fix a record date (which may be not less than 10 nor more than 60 days prior to the solicitation of consents) for the purpose of determining the Holders of the Securities affected entitled to consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the immediately preceding paragraph, those Persons who were such Holders at such record date (or their duly designated proxies) and only those Persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be such Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Revocation and Effect of Consent. 76 SECTION 10.04. NOTATION ON OR EXCHANGE OF SECURITIES....................................................77 SECTION 10.05. TRUSTEE TO SIGN AMENDMENTS, ETC..........................................................77 SECTION 10.06. CONFORMITY WITH TRUST INDENTURE ACT......................................................77

Revocation and Effect of Consent. SECTION 9.05. Notation on or Exchange of Notes

Revocation and Effect of Consent. Until an amendment or waiver becomes effective, a consent to it by a Holder of a Security is a continuing consent by the Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder’s Security, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to its Security or portion of a Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective.

Revocation and Effect of Consent. 72 SECTION 9.04. Notation on or Exchange of Notes......................................................... 72 SECTION 9.05. Trustee to Sign Amendments, Etc.......................................................... 73 SECTION 9.06. Conformity with Trust Indenture Act...................................................... 73 ARTICLE TEN MISCELLANEOUS SECTION 10.01. Trust Indenture Act of 1939............................................................. 73 SECTION 10.02. Notices................................................................................. 73 SECTION 10.03. Certificate and Opinion as to Conditions Precedent...................................... 74 SECTION 10.04. Statements Required in Certificate or Opinion........................................... 74 SECTION 10.05. Rules by Trustee, Paying Agent or Registrar............................................. 75 SECTION 10.06. Payment Date Other Than a Business Day.................................................. 75 SECTION 10.07. Governing Law; Submission to Jurisdiction; Agent for Service............................ 75 SECTION 10.08. Currency Indemnity...................................................................... 75

Revocation and Effect of Consent. Until an amendment or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security of a Series or portion of a Security of a Series that evidences the same debt as the Security of the consenting Holder, even if notation of the consent is not made on any Security of the Series. However, any such Holder or subsequent Holder may revoke the consent as to its Security or portion of its Security of a Series. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective on receipt by the Trustee of written consents from the Holders of the requisite percentage in principal amount of the outstanding Securities of a Series. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the last two sentences of the immediately preceding paragraph, those persons who were Holders at such record date (or their duly designated proxies) and only those persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.