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.
Appears in 1 contract
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 SeriesSecurity. However, any such Holder or subsequent Holder may revoke the consent as to its Security or portion of its Security of a SeriesSecurity. 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 (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 of any series affected 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 Persons who were such Holders at such record date (or their duly designated proxies) and only those persons Persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such persons 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. After an amendment, supplement or waiver becomes effective with respect to the Securities of any series affected thereby, it shall bind every Holder of such Securities theretofore or thereafter authenticated and delivered hereunder unless it is of the type described in any of clauses (i) through (iv) of Section 9.2. In case of an amendment or waiver of the type described in clauses (i) through (iv) of Section 9.2, the amendment or waiver shall bind each such Holder who has consented to it and every subsequent Holder of a Security that evidences the same indebtedness as the Security of the consenting Holder.
Appears in 1 contract
Sources: Indenture (La Quinta Properties Inc)
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 Debenture or portion of a Security of a Series Debenture that evidences the same debt as the Security Debenture of the consenting Holder, even if notation of the consent is not made on any Security of the SeriesDebenture. However, any such Holder or subsequent Holder may revoke the consent as to its Security Debenture or portion of its Security of a SeriesDebenture. 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 SeriesDebentures. 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.
Appears in 1 contract
Sources: Indenture (Silgan Holdings Inc)
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 SeriesSecurity. However, any such Holder or subsequent Holder may revoke the consent as to its Security or portion of its Security of a SeriesSecurity. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver is executed or otherwise becomes effective. After an amendment, supplement or waiver becomes effective, it shall bind every Holder. 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 the requisite percentage in principal amount of the outstanding Securities of a Seriesaffected thereby. The Company may, but shall not be obligated to, fix a record date 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 last two sentences of the immediately preceding paragraph, those persons Persons who were such Holders at such record date (or their duly designated proxies) and only those persons Persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such persons 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.
Appears in 1 contract
Revocation and Effect of Consent. Until an amendment amendment, supplemental indenture or waiver becomes effective, a consent to it by a Holder of a Note is a continuing consent by the such Holder and every subsequent Holder of a Security of a Series Note or portion of a Security of a Series Note that evidences the same debt as the Security of the such consenting Holder's Note, even if notation of the consent is not made on any Security of the SeriesNote. However, prior to becoming effective, any such Holder or subsequent Holder may revoke the consent as to its Security Notes or a portion of its Security of a Series. Such revocation shall be effective only thereof if the Trustee receives the written 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 consent of written consents from the Holders of the requisite percentage in aggregate principal amount of the Notes then outstanding Securities of a Serieshas been obtained and not revoked. The Company may, but shall not be obligated to, fix a record date pursuant to Section 12.1 for the purpose of determining the Holders entitled to consent to any amendment, supplement amendment or waiver. If a record date is fixed, then, then notwithstanding the last two sentences provisions of the immediately preceding paragraph, those persons Persons who were Holders at such record date (or their duly designated proxies) ), and only those persons Persons, shall be entitled to consent to such amendment, supplement amendment or waiver or to revoke any consent previously given, whether or not such persons 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 datedate unless consents from Holders of the principal amount of Notes required hereunder for such amendment or waiver to be effective shall have also been given and not revoked within such 90-day period.
Appears in 1 contract
Sources: Indenture (Heico Corp)
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 Debenture or portion of a Security of a Series Debenture that evidences the same debt as the Security Debenture of the consenting Holder, even if notation of the consent is not made on any Security of the SeriesDebenture. However, any such Holder or subsequent Holder may revoke the consent as to its Security Debenture or portion of its Security of a SeriesDebenture. 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 SeriesDebentures. 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.
Appears in 1 contract
Sources: Indenture (Regal Cinemas Inc)
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 SeriesSecurity. However, any such Holder or subsequent Holder may revoke the consent as to its Security or portion of its Security of a SeriesSecurity. 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 Corporate 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 last two sentences of the immediately preceding paragraph, those persons Persons who were such Holders at such record date (or their duly designated proxies) and only those persons Persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such persons 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. After an amendment, supplement or waiver becomes effective with respect to the Securities of any series affected thereby, it shall bind every Holder of such Securities unless it is of the type described in Section 9.02, in which case the amendment or waiver shall bind each such Holder who has consented to it and every subsequent Holder of a Security that evidences the same indebtedness as the Security of the consenting Holder.
Appears in 1 contract
Sources: Indenture (Savyon Trust Group,inc)