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 Holders becomes effective, a consent, waiver or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related series, except as provided in Section 9.

Appears in 8 contracts

Sources: Indenture (Hercules Inc), Indenture (Radio One Licenses LLC), Indenture (New York Community Bancorp Inc)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a consent, waiver consent to it or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such the Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of such the Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related seriesDebentureholder, except as provided in Section 9.9.02

Appears in 1 contract

Sources: Indenture (Peco Energy Co)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a consent, waiver or any other action consent thereto by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's ’s Debenture, even if notation of the consent, waiver or action is not made on such the Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's ’s Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of date the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revokedamendment, waiver or action becomes effective. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related series, except as provided in Section 9Holder.

Appears in 1 contract

Sources: Indenture (Mgic Investment Corp)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, amendment or waiver or other action by Holders becomes effective, a consent, waiver consent to it or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such the Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee Company receives the notice of revocation before the consent of date the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revokedamendment, waiver or action becomes effective. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related series, Debentureholder except as provided in this Section 911.

Appears in 1 contract

Sources: Convertible Subordinated Debentures (Tmci Electronics Inc)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a consent, waiver consent to it or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related seriesDebentures, except as provided in Section 9.9.02

Appears in 1 contract

Sources: Indenture (SJG Capital Trust)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, amendment or waiver or other action by Holders with respect to a series of Securities becomes effective, a consent, waiver consent to it or any other action by a Holder of a Debenture Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture Security or portion of the Debenture that Security that evidences the same obligation as the consenting Holder's DebentureSecurity, even if notation of the consent, waiver or action is not made on such Debenturethe Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture Security or portion of the Debenture Security if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate principal amount Principal Amount of such Debentures then outstanding the Securities of that series has been obtained and not revokedobtained. After an amendment, waiver or action becomes effective, it shall bind every Holder of Securities of that series. The Company may, but shall not be obligated to, fix a record date for the Debentures purpose of determining the related series, except as provided in Section 9.Holders entitled to consent to any amendment or waiver with respect to

Appears in 1 contract

Sources: Indenture (Litton Industries Inc)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a consent, waiver or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related series, except as provided in Section 99.02.

Appears in 1 contract

Sources: Indenture (Hercules Inc)