Common use of Events of Default; Waiver Clause in Contracts

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided that, if the underlying Event of Default under the Indenture:

Appears in 13 contracts

Samples: Trust Agreement (ServisFirst Bancshares, Inc.), Trust Agreement (ServisFirst Bancshares, Inc.), Trust Agreement (Nexity Financial Corp)

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Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Preferred Capital Securities may, by vote, on behalf of the Holders of all of the Preferred Capital Securities, waive any past Event of Default in respect of the Preferred Capital Securities and its consequences, provided that, if the underlying Event of Default under the Indenture:

Appears in 10 contracts

Samples: Trust Agreement (Webster Capital Trust Vi), Trust Agreement (Webster Capital Trust Vi), Trust Agreement (Webster Capital Trust Vi)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided that, if the underlying Event of Default under the Indenture:

Appears in 5 contracts

Samples: Trust Agreement (Berkley W R Corp), Trust Agreement (Berkley W R Corp), Reliastar Financing V

Events of Default; Waiver. (a) The Holders of not less than a Majority in Liquidation Amount liquidation amount of Trust Preferred Securities may, by votevote or written consent, on behalf of the Holders of all of the Trust Preferred Securities, waive any past Event of Default in respect of the Trust Preferred Securities and its consequences, provided that, if the underlying corresponding Debenture Event of Default under the Indentureor Other Document Event of Default:

Appears in 3 contracts

Samples: Trust Agreement (Dte Energy Co), Trust Agreement (Apache Trust Ii), Trust Agreement (Apache Corp)

Events of Default; Waiver. (a) The Holders of not less than a Majority in Liquidation Amount liquidation amount of Trust Preferred Securities may, by votevote or written consent, on behalf of the Holders of all of the Trust Preferred Securities, waive any past Event of Default in respect of the Trust Preferred Securities and its consequences, provided that, if the underlying corresponding Debenture Event of Default under the IndentureDefault:

Appears in 3 contracts

Samples: Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Trust Preferred Securities may, by vote, on behalf of the Holders of all of the Trust Preferred Securities, waive any past Event of Default in respect of the Trust Preferred Securities and its consequences, provided that, if the underlying Event of Default under the Indenture:

Appears in 3 contracts

Samples: Trust Agreement (Agl Capital Trust Iii), Trust Agreement (Agl Capital Trust Ii), Nuevo Energy Co

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of the Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred SecuritiesHolders, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided that, if the underlying Event of Default under the Indenture:its

Appears in 3 contracts

Samples: Guarantee Agreement (Public Service Enterprise Group Inc), Guarantee Agreement (Public Service Enterprise Group Inc), Guarantee Agreement (Pseg Funding Trust Ii)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities (defined below) and its consequences. For purposes of this Agreement, provided that, if the underlying Event of Default under the Indenture:"

Appears in 3 contracts

Samples: Preferred Securities Guarantee (At&t Broadband LLC), Preferred Securities Guarantee (At&t Broadband LLC), Preferred Securities Guarantee (At&t Broadband LLC)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided PROVIDED that, if the underlying Event of Default under the Indenture:

Appears in 2 contracts

Samples: Vanstar Financing Trust, Suiza Foods Corp

Events of Default; Waiver. (a) The Holders of not less than a Majority in Liquidation Amount liquidation amount of Trust Preferred Securities may, by votevote or written consent, on behalf of the Holders of all of the Trust Preferred Securities, waive any past Event of Default in respect of the Trust Preferred Securities and its consequences, provided that, if the underlying corresponding Debenture Event of Default under the Indenture[or Other Document Event of Default]:

Appears in 2 contracts

Samples: Trust Agreement (Detroit Edison Trust I), Trust Agreement (Dte Energy Co)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount of Preferred Securities may, by votevote or written consent, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided that, if the underlying Indenture Event of Default under the IndentureDefault:

Appears in 2 contracts

Samples: Trust Agreement (Weyerhaeuser Co), Trust Agreement (Weyerhaeuser Co)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided that, if the underlying Event of -------- ---- Default under the Indenture:

Appears in 2 contracts

Samples: Trust Agreement (New South Capital Trust I), Trust Indenture Trust Agreement (New South Capital Trust I)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation preference of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided that, if the underlying Event of Default under the Indenture:

Appears in 1 contract

Samples: Ohio Casualty Corp

Events of Default; Waiver. (a) The Subject to Section 2.6(c), the Holders of a Majority in Liquidation Amount liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided that, if the underlying Event of Default under the Indenture:

Appears in 1 contract

Samples: Trust Agreement (Municipal Mortgage & Equity LLC)

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Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, ; provided that, if the underlying Event of Default under the Indenture:

Appears in 1 contract

Samples: Trust Agreement (Allstate Financing X)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided that, if the underlying Event of -------- ---- Default under the Indenture:

Appears in 1 contract

Samples: Sandy Spring Capital Trust I

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past default or Event of Default in respect of the Preferred Securities and its consequences, provided that, if the underlying default or Event of Default under the Indenture:

Appears in 1 contract

Samples: Trust Agreement (Newfield Exploration Co /De/)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, provided PROVIDED that, if the underlying Event of Default under the IndentureDefault:

Appears in 1 contract

Samples: Transfer and Exchange

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Trust Preferred Securities may, by vote, on behalf of the Holders of all of the Trust Preferred Securities, waive any past Event of Default in respect of the Trust Preferred Securities and its consequences, provided that, if the underlying Indenture Event of Default under the IndentureDefault:

Appears in 1 contract

Samples: Bay View Capital Corp

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, ; provided that, if the underlying Event of Default under the Indenture:

Appears in 1 contract

Samples: Trust Agreement (Mutual Risk Management LTD)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Convertible Preferred Securities may, by vote, on behalf of the Holders of all of the Convertible Preferred Securities, waive any past Event of Default in respect of the Convertible Preferred Securities and its consequences, provided provided, however, that, if the underlying Event of Default under the Indenture:

Appears in 1 contract

Samples: Exchange Agreement (Insignia Financial Group Inc /De/)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in with respect of to the Preferred Securities and its consequences, provided thatPROVIDED THAT, if the underlying Event of Default under the Indenture:

Appears in 1 contract

Samples: Guarantee Agreement (NVP Capital Iii)

Events of Default; Waiver. (a) The Holders of a Majority in Liquidation Amount of Outstanding Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default in respect of the Preferred Securities and its consequences, ; provided that, if the underlying Event of Default under the Indenture:

Appears in 1 contract

Samples: Trust Agreement (Acs Trust I)

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