Common use of Revocation and Effect of Consents, Waivers and Actions Clause in Contracts

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Securityholders becomes effective, a consent to it or any other action by a Securityholder of any series hereunder is a continuing consent by such Securityholder and every subsequent Securityholder of that Security, even if notation of the consent, waiver or action is not made on such Security. However, any such Securityholder or subsequent Securityholder may revoke the consent, waiver or action as to such Securityholder’s Security if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities of such series affected then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Securityholder of the affected series, except as provided in Section 9.

Appears in 13 contracts

Sources: Indenture (Invesco Mortgage Capital Inc.), Indenture (Armour Residential REIT, Inc.), Indenture (Armour Residential REIT, Inc.)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Securityholders becomes effective, a consent to it or any other action by a Securityholder of any series hereunder is a continuing consent by such Securityholder and every subsequent Securityholder of that Security, even if notation of the consent, waiver or action is not made on such Security. However, any such Securityholder or subsequent Securityholder may revoke the consent, waiver or action as to such Securityholder’s 's Security if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities of such series affected then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Securityholder of the affected series, except as provided in Section 9.

Appears in 6 contracts

Sources: Indenture (HIVE Digital Technologies Ltd.), Indenture (HIVE Digital Technologies Ltd.), Indenture (HIVE Digital Technologies Ltd.)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Securityholders Holders becomes effective, a consent to it or any other action by a Securityholder Holder of a Security of any series hereunder is a continuing consent by such Securityholder Holder and every subsequent Securityholder Holder of that Security, even if notation of the consent, waiver or action is not made on such Security. However, any such Securityholder Holder or subsequent Securityholder Holder may revoke the consent, waiver or action as to such SecurityholderHolder’s Security if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities of such series affected then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Securityholder Security Holder of the affected series, except as provided in Section 9.

Appears in 2 contracts

Sources: Indenture (Amvescap PLC/London/), Indenture (INVESCO North American Holdings, Inc.)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Securityholders Holders becomes effective, a consent to it or any other action by a Securityholder Holder of a Security of any series hereunder is a continuing consent by such Securityholder H▇▇▇▇▇ and every subsequent Securityholder Holder of that Security, even if notation of the consent, waiver or action is not made on such Security. However, any such Securityholder Holder or subsequent Securityholder Holder may revoke the consent, waiver or action as to such SecurityholderHolder’s Security if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities of such series affected then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Securityholder Security Holder of the affected series, except as provided in Section 9.

Appears in 1 contract

Sources: Indenture (IVZ Inc)