Common use of Operative Time Clause in Contracts

Operative Time. Notwithstanding the execution of this Supplemental Indenture on the date hereof, the amendments set forth in Section 2 of this Supplemental Indenture shall not amend the Indenture and become operative unless and until the Company accepts for purchase at least a majority of the outstanding Notes validly tendered for purchase pursuant to the Offer (the date and the time of such acceptance being referred to herein as the "Operative Time"

Operative Time. Notwithstanding the execution of this Supplemental Indenture on the date hereof, the amendments set forth in Section 2 of this Supplemental Indenture shall not amend the Indenture and become operative unless and until the Company Purchaser accepts for purchase at least a majority all of the outstanding Notes validly tendered for purchase pursuant to the Offer and a majority in principal amount of the outstanding Notes tendered as of the date hereof have not been withdrawn (the date and the time of such acceptance being referred to herein as the "Operative Time"