Common use of Waiver of Past Defaults and Events of Default Clause in Contracts

Waiver of Past Defaults and Events of Default. Subject to Sections 2.10 and 6.02 hereof, the Holders of a majority in principal amount of the Notes then outstanding have the right to waive past Defaults under this Indenture except a Default in the payment of the principal of, or interest or premium, if any, on any Note as specified in clauses (a) and (b) of Section 6.01 or in respect of a covenant or a provision which cannot be modified or amended without the consent of all Holders as provided for in Section 8.

Appears in 2 contracts

Sources: Indenture (SCV Epi Vineyards Inc), Indenture (Canandaigua B V)

Waiver of Past Defaults and Events of Default. Subject to Sections 2.10 and 6.02 hereof, the Holders of a majority in principal amount of the Notes then outstanding have the right to waive past Defaults under this Supplemental Indenture and the Indenture except a Default in the payment of the principal of, or interest or premium, if any, on any Note as specified in clauses (a) and (b) of Section 6.01 or in respect of a covenant or a provision which cannot be modified or amended without the consent of all Holders as provided for in Section 8.

Appears in 2 contracts

Sources: Supplemental Indenture (Mt Veeder Corp), Supplemental Indenture (Candanaigua B V)

Waiver of Past Defaults and Events of Default. Subject to Sections 2.10 2.09, 6.02, 6.07 and 6.02 hereof8.02, the Holders of a majority in principal amount of the Notes then outstanding have the right to waive past Defaults under this Indenture except a Default in the payment of the principal of, or interest or premium, if any, on any Note as specified in clauses (a) and (b) of Section 6.01 or in respect of a covenant or a provision which cannot be modified or amended without the consent of all Holders as provided for in Section 8.

Appears in 2 contracts

Sources: Indenture (Mariner Health Care Inc), Indenture (Brickman Group LTD)

Waiver of Past Defaults and Events of Default. Subject to Sections 2.10 2.09, 6.02, 6.07 and 6.02 8.02 hereof, the Holders of a majority in principal amount of the Notes then outstanding have the right to waive past Defaults under this Indenture except a Default in the payment of the principal of, or interest or premium, if any, on any Note as specified in clauses (a) and (b) of Section 6.01 6.10 or in respect of a covenant or a provision which cannot be modified or amended without the consent of all Holders as provided for in Section 8.

Appears in 1 contract

Sources: Indenture (TNP Enterprises Inc)

Waiver of Past Defaults and Events of Default. Subject to Sections 2.10 2.09, 6.02, 6.07 and 6.02 8.02 hereof, the Holders of a majority in principal amount of the Notes then outstanding have the right to waive past Defaults under this Indenture except a Default in the payment of the principal of, or interest or premium, if any, on any Note as specified in clauses (a) and (b) of Section 6.01 or in respect of a covenant or a provision which cannot be modified or amended without the consent of all Holders as provided for in Section 8.

Appears in 1 contract

Sources: Indenture (CNH Global N V)

Waiver of Past Defaults and Events of Default. Subject to Sections 2.10 2.09, 6.02, 6.07 and 6.02 hereof8.02, the Holders of a majority in aggregate principal amount of the Notes then outstanding have the right right, on behalf of all Holders, to waive any past Defaults or existing Default or compliance with any provision under this Indenture except EXCEPT a Default in the payment of the principal of, or interest or premium, if any, on any Note as specified in clauses (a) and (b) of Section 6.01 or in respect of a covenant or a provision which that cannot be modified or amended without the consent of all Holders as provided for in Section 8.

Appears in 1 contract

Sources: Indenture (Aavid Thermal Technologies Inc)