Common use of Annulment of Acceleration Clause in Contracts

Annulment of Acceleration. If a declaration is made pursuant to Section 9.2(a) hereof by any holder or holders of the Notes, then and in every such case, the holders of more than 66-2/3% in aggregate principal amount of the Notes then outstanding may, by written instrument filed with the Company, rescind and annul such declaration, and the consequences thereof, provided that at the time such declaration is annulled and rescinded: no judgment or decree has been entered for the payment of any monies due pursuant to the Notes or the Agreements; all arrears of interest upon all the Notes and all other sums payable under the Notes and under this Agreement (except any principal or interest on the Notes which has become due and payable by reason of such declaration under Section 9.2(a)) shall have been duly paid; and each and every other Default and Event of Default shall have been waived pursuant to Section 12.5 hereof or otherwise made good or cured; and provided, further that no such rescission and annulment shall extend to or affect any subsequent Default or Event of Default or impair any right consequent thereon.

Annulment of Acceleration. If a declaration is made pursuant to Section 9.2(a) hereof by any holder or holders of the Notes, then and in every such case, the holders of more than 66-2/366 2/3 % in aggregate principal amount of the Notes then outstanding may, by written instrument filed with the Company, rescind and annul such declaration, and the consequences thereof, provided provided, that at the time such declaration is annulled and rescinded: no judgment or decree has been entered for the payment of any monies due pursuant to the Notes or the Agreements; all arrears of interest upon all the Notes and all other sums payable under the Notes and under this Agreement the Agreements (except any principal or interest on the Notes which has become due and payable by reason of such declaration under Section 9.2(a)) shall have been duly paid; and each and every other Default and Event of Default shall have been waived pursuant to Section 12.5 hereof or otherwise made good or cured; and providedprovided further, further that no such rescission and annulment shall extend to or affect any subsequent Default or Event of Default or impair any right consequent thereon.

Annulment of Acceleration. If a declaration is made pursuant to Section 9.2(a) hereof by any holder or holders of the Notes, then and in every such case, the holders of more than 66-2/3% in aggregate principal amount of the Notes then outstanding may, by written instrument filed with the CompanyTrust, rescind and annul such declaration, and the consequences thereof, provided that at the time such declaration is annulled and rescinded: no judgment or decree has been entered for the payment of any monies due pursuant to the Notes or the Agreements; all arrears of interest upon all the Notes and all other sums payable under the Notes and under this Agreement (except any principal or interest on the Notes which has become due and payable by reason of such declaration under Section 9.2(a)) shall have been duly paid; and each and every other Default and Event of Default shall have been waived pursuant to Section 12.5 11.6 hereof or otherwise made good or cured; and provided, further that no such rescission and annulment shall extend to or affect any subsequent Default or Event of Default or impair any right consequent thereon.