Waiver of Defaults and Events of Default. Subject to Sections 8.7 and 10.2, the Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee may waive an existing default or Event of Default and its consequence, except a default or Event of Default in the payment of the principal of, premium, if any, or any interest on any Security, a failure by the Company to convert any Securities into Common Stock or any default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.2, cannot be modified or amended without the consent of the Holder of each Security affected. When a default or Event of Default is waived, it is cured and ceases.
Appears in 2 contracts
Sources: Indenture (Americredit Corp), Indenture (Americredit Financial Services of Canada LTD)
Waiver of Defaults and Events of Default. Subject to Sections 8.7 8.07 and 10.211.02, the Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee may waive an existing default or Event of Default and its consequence, except a default or Event of Default in the payment of the principal of, premium, if any, or any interest (including Additional Interest), if any, on any Security, a failure by the Company to convert any Securities into Common Stock or any default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.211.02, cannot be modified or amended without the consent of the Holder of each Security affected. When a default or Event of Default is waived, it is cured and ceases.
Appears in 2 contracts
Sources: Indenture (Iac/Interactivecorp), Indenture (Ask Jeeves Inc)
Waiver of Defaults and Events of Default. Subject to Sections 8.7 8.07 and 10.211.02, the Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee may waive an existing default or Event of Default and its consequence, except a default or Event of Default in the payment of the principal of, premium, if any, or any interest (including contingent interest, if any) on any Security, a failure by the Company to convert any Securities into cash or, if applicable, shares of Common Stock or any default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.211.02, cannot be modified or amended without the consent of the Holder of each Security affected. When a default or Event of Default is waived, it is cured and ceases.
Appears in 2 contracts
Sources: Indenture (Integra Lifesciences Holdings Corp), Indenture (Integra Lifesciences Holdings Corp)
Waiver of Defaults and Events of Default. Subject to Sections 8.7 8.07 and 10.211.02, the Holders of a majority in aggregate principal amount Principal Amount at Maturity of the Securities then outstanding by notice to the Trustee may waive an existing default Default or Event of Default and its consequenceconsequences, except a default Default or Event of Default in the payment of the principal of, premium, if any, or any accrued but unpaid interest on any Security, a failure by the Company to convert any Securities into Common Stock or any default Default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.211.02, cannot be modified or amended without the consent of the Holder of each Security affected. When a default Default or Event of Default is waived, it is cured and ceases.
Appears in 1 contract
Sources: Indenture (Thoratec Corp)
Waiver of Defaults and Events of Default. Subject to Sections 8.7 and 10.211.2, the Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee may waive an existing default or Event of Default and its consequenceconsequences, except a default or Event of Default in the payment of the principal of, premium, or Registration Default Payments, if any, or any interest on any Security, a failure by the Company to convert any Securities into Common Stock or any default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.211.2, cannot be modified or amended without the consent of the Holder of each Security affected. When a default or Event of Default is waived, it is cured and ceases.
Appears in 1 contract
Sources: Purchase Agreement (Lexar Media Inc)
Waiver of Defaults and Events of Default. Subject to Sections 8.7 and 10.211.2, the Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee may waive an existing default or Event of Default and its consequence, except a default or Event of Default in the payment of the principal of, premium, if any, or any interest on any Security, a failure by the Company to convert any Securities into Common Stock in accordance with the provisions of the Securities and this Indenture or any default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.211.2, cannot be modified or amended without the consent of the Holder of each Security affected. When a default or Event of Default is waived, it is cured and ceases.
Appears in 1 contract
Waiver of Defaults and Events of Default. Subject to Sections 8.7 and 10.213.2, the Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee (and without notice to any other Securityholder) may waive an existing default or Event of Default and its consequence, except a default or Event of Default in the payment of the principal of, premium, if any, or any accrued and unpaid interest (including Additional Interest), if any, on any Security, a failure by the Company Issuer to convert any Securities into Common Stock or any default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.213.2, cannot be modified or amended without the consent of the Holder of each Security affected. When a default or Event of Default is waived, it is cured and ceases.
Appears in 1 contract
Sources: Indenture (Wynn Resorts LTD)
Waiver of Defaults and Events of Default. Subject to Sections 8.7 and 10.211.2, the Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee may waive an existing default or Event of Default and its consequence, except a default or Event of Default in the payment of the principal of, premium, if any, or any interest (including Additional Interest, if any) on any Security, a failure by the Company to convert any Securities into Common Stock or any default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.211.2, cannot be modified or amended without the consent of the Holder of each Security affected. When a default or Event of Default is waived, it is cured and ceases.
Appears in 1 contract
Waiver of Defaults and Events of Default. Subject to Sections Section 8.7 and 10.2Section 11.2, the Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee may waive an existing default or Event of Default and its consequenceconsequences, except a default or Event of Default in the payment of the principal of, premiumor premium (including Redemption Price, if any, or any Change in Control Purchase Price, if any), if any, or interest on any Security, a failure by the Company to convert any Securities into Common Stock or any default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.211.2, cannot be modified or amended without the consent of the Holder of each Security affected. When a default or Event of Default is waivedwaived in accordance with the provisions of this Indenture, it is cured and ceases.
Appears in 1 contract
Waiver of Defaults and Events of Default. Subject to Sections 8.7 and 10.211.2, the Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee may waive an existing default or Event of Default and its consequenceconsequences, except a default or Event of Default in the payment of the principal of, premium, if any, of or any interest on any Security, a failure by the Company to convert any Securities into Common Stock or any default or Event of Default in respect of any provision of this Indenture or the Securities which, under Section 10.211.2, cannot be modified or amended without the consent of the Holder of each Security affected. When a default or Event of Default is waived, it is cured and ceases.
Appears in 1 contract
Sources: Indenture (Emulex Corp /De/)