Common use of Revocation and Effect of Consents and Waivers Clause in Contracts

Revocation and Effect of Consents and Waivers. (a) A consent to an amendment or a waiver by a Holder of a Note shall bind the Holder and every subsequent Holder of that Note or portion of the Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent or waiver is not made on the Note. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Note or portion of the Note if the Trustees receive written notice of revocation at the Corporate Trust Office of the U.S. Trustee before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Holder. An amendment or waiver becomes effective upon the (i) receipt by the Company or the Trustees of the requisite number of consents, (ii) satisfaction of the conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment or waiver and (iii) execution of such amendment or waiver (or Guarantee Agreement) by the Company and the Trustees.

Appears in 5 contracts

Samples: Supplemental Indenture (Open Text Corp), Supplemental Indenture (Open Text Corp), Supplemental Indenture (Open Text Corp)

AutoNDA by SimpleDocs

Revocation and Effect of Consents and Waivers. (a) A consent to an amendment (pursuant to Section 10.02) or a waiver (pursuant to Section 7.04) by a Holder of a Note shall bind the Holder and every subsequent Holder of that Note or portion of the Note that evidences the same debt as the consenting Holder’s 's Note, even if notation of the consent or waiver is not made on the Note. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s 's Note or portion of the Note if the Trustees receive written Trustee receives the notice of revocation at the Corporate Trust Office of the U.S. Trustee before the date on which the relevant amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Holder. An amendment or waiver becomes effective upon the (i) receipt by the Company Issuer or the Trustees Trustee of the requisite number of consents, (ii) satisfaction of the conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment or waiver and (iii) execution of such amendment or waiver (or Guarantee Agreementsupplemental indenture) by the Company Issuer and the TrusteesTrustee. A waiver becomes effective upon receipt by the Trustee of the notice described in Section 7.04.

Appears in 2 contracts

Samples: Indenture (Memc Electronic Materials Inc), Indenture (Memc Electronic Materials Inc)

Revocation and Effect of Consents and Waivers. (a) A consent to an amendment amendment, supplement or a waiver by a Holder of a Note shall bind the Holder and every subsequent Holder of that Note or portion of the Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent or waiver is not made on the Note. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Note or portion of the Note if the Trustees receive written Trustee receives the notice of revocation at the Corporate Trust Office of the U.S. Trustee before the date the amendment amendment, supplement or waiver becomes effective. After an amendment amendment, supplement or waiver becomes effective, it shall bind every Holder. An amendment amendment, supplement or waiver becomes effective upon the (i) receipt by the Company or the Trustees Trustee of the requisite number of consents, (ii) satisfaction of the conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment amendment, supplement or waiver and (iii) execution of such amendment amendment, supplement or waiver (or Guarantee Agreementsupplemental indenture) by the Company and Company, the TrusteesTrustee and, as applicable, the Collateral Agent.

Appears in 2 contracts

Samples: Indenture (Beacon Roofing Supply Inc), Indenture (Beacon Roofing Supply Inc)

Revocation and Effect of Consents and Waivers. (a) A consent to an amendment amendment, supplement or a waiver by a Holder of a Note shall bind the Holder and every subsequent Holder of that Note or portion of the Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent or waiver is not made on the Note. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Note or portion of the Note if the Trustees receive written Trustee receives the notice of revocation at the Corporate Trust Office of the U.S. Trustee before the date the amendment amendment, supplement or waiver becomes effective. After an amendment amendment, supplement or waiver becomes effective, it shall bind every Holder. An amendment amendment, supplement or waiver becomes effective upon the (i) receipt by the Company or the Trustees Trustee of the requisite number of consents, (ii) satisfaction of the conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment amendment, supplement or waiver and (iii) execution of such amendment amendment, supplement or waiver (or Guarantee Agreementsupplemental indenture) by the Company and the TrusteesTrustee.

Appears in 1 contract

Samples: Indenture (Beacon Roofing Supply Inc)

Revocation and Effect of Consents and Waivers. (a) A consent to an amendment or a waiver by a Holder of a Note Security shall bind the Holder and every subsequent Holder of that Note Security or portion of the Note Security that evidences the same debt as the consenting Holder’s Note's Security, even if notation of the consent or waiver is not made on the NoteSecurity. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Note 's Security or portion of the Note Security if the Trustees receive written Trustee receives the notice of revocation at the Corporate Trust Office of the U.S. Trustee before the date on which the amendment Trustee or waiver becomes effectivethe Company receives the requisite number of consents. After an amendment or waiver becomes effective, it shall bind every Holder. An amendment or waiver becomes effective upon the (i) receipt by the Company or the Trustees Trustee of the requisite number of consents, (ii) satisfaction of the conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment or waiver and (iii) execution of such amendment or waiver (or Guarantee Agreement) by the Company and the Trustees.and

Appears in 1 contract

Samples: Land O Lakes Inc

Revocation and Effect of Consents and Waivers. (a) A consent to an amendment amendment, supplement or a waiver by a Holder of a Note Security shall bind the Holder and every subsequent Holder of that Note Security or portion of the Note Security that evidences the same debt as the consenting Holder’s NoteSecurity, even if notation of the consent or waiver is not made on the NoteSecurity. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Note Security or portion of the Note Security if the Trustees receive written Trustee receives the notice of revocation at the Corporate Trust Office of the U.S. Trustee before the date the amendment amendment, supplement or waiver becomes effective. After an amendment amendment, supplement or waiver becomes effective, it shall bind every Holder. An amendment amendment, supplement or waiver becomes effective upon the (i) receipt by the Company or the Trustees Trustee of the requisite number of consents, (ii) satisfaction of the conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment amendment, supplement or waiver and (iii) execution of such amendment amendment, supplement or waiver (or Guarantee Agreementsupplemental indenture) by the Company and the Trustees.Trustee. 91

Appears in 1 contract

Samples: Indenture (Beacon Roofing Supply Inc)

AutoNDA by SimpleDocs

Revocation and Effect of Consents and Waivers. (a) A consent to an amendment or a waiver by a Holder of a Note Security shall bind the Holder and every subsequent Holder of that Note Security or portion of the Note Security that evidences the same debt as the consenting Holder’s Note's Security, even if notation of the consent or waiver is not made on the NoteSecurity. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Note 's Security or portion of the Note Security if the Trustees receive written Trustee receives the notice of revocation at the Corporate Trust Office of the U.S. Trustee before the date on which the amendment Trustee or waiver becomes effectivethe Company receives the requisite number of consents. After an amendment or waiver becomes effective, it shall bind every Holder. An amendment or waiver becomes effective upon the (i) receipt by the Company or the Trustees Trustee of the requisite number of consents, (ii) satisfaction of the conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment or waiver and (iii) execution of such amendment or waiver (or Guarantee Agreementsupplemental indenture) by the Company and the TrusteesTrustee.

Appears in 1 contract

Samples: Supplemental Indenture (Land O Lakes Inc)

Revocation and Effect of Consents and Waivers. (a) A consent to an amendment or a waiver by a Holder of a Note shall bind the Holder and every subsequent Holder of that Note or portion of the Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent or waiver is not made on the Note. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Note or portion of the Note if the Trustees receive written notice of revocation at the Corporate Trust Office of the U.S. Trustee before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Holder. An amendment or waiver becomes effective upon the (i) receipt by the Company Issuer or the Trustees of the requisite number of consents, (ii) satisfaction of the conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment or waiver and (iii) execution of such amendment or waiver (or Guarantee Agreement) by the Company Issuer and the Trustees.

Appears in 1 contract

Samples: Indenture (Open Text Corp)

Revocation and Effect of Consents and Waivers. (a) A consent to an amendment or a waiver by a Holder of a Note Security shall bind the Holder and every subsequent Holder of that Note Security or portion of the Note Security that evidences the same debt as the consenting Holder’s NoteSecurity, even if notation of the consent or waiver is not made on the NoteSecurity. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Note Security or portion of the Note Security if the Trustees Trustee and the Notes Collateral Agent receive written the notice of revocation at the Corporate Trust Office of the U.S. Trustee before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Holder. An amendment or waiver becomes effective upon the (i) receipt by the Company or the Trustees Trustee of the requisite number of consents, (ii) satisfaction of the conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment or waiver and (iii) execution of such amendment or waiver (or Guarantee AgreementSupplemental Indenture) by the Company Company, the Notes Collateral Agent and the TrusteesTrustee.

Appears in 1 contract

Samples: Indenture (NCR Atleos, LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.