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

Revocation and Effect of Consents, Waivers and Actions. (a) Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related series, except as provided in Section 9.02 hereof.

Appears in 9 contracts

Samples: Junior Indenture (Heco Capital Trust I), Heco Capital Trust Ii, Hawaiian Electric Co Inc

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Revocation and Effect of Consents, Waivers and Actions. (a) Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's ’s Debenture, even if notation of the consent, waiver or action is not made on such Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's ’s Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related series, except as provided in Section 9.02 hereof9.02.

Appears in 5 contracts

Samples: Junior Indenture (Maui Electric Co LTD), Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Maui Electric Co LTD)

Revocation and Effect of Consents, Waivers and Actions. (a) Until an amendment, amendment or waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such the Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee Company receives the notice of revocation before the consent of date the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revokedamendment, waiver or action becomes effective. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related series, Debentureholder except as provided in this Section 9.02 hereof11.

Appears in 1 contract

Samples: Tmci Electronics Inc

Revocation and Effect of Consents, Waivers and Actions. (a) Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such the Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of such the Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related seriesDebentureholder, except as provided in Section 9.02 hereof.9.02

Appears in 1 contract

Samples: Peco Energy Co

Revocation and Effect of Consents, Waivers and Actions. (a) Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related seriesDebentures, except as provided in Section 9.02 hereof.9.02

Appears in 1 contract

Samples: SJG Capital Trust

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Revocation and Effect of Consents, Waivers and Actions. (a) Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action thereto by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's ’s Debenture, even if notation of the consent, waiver or action is not made on such the Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's ’s Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of date the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revokedamendment, waiver or action becomes effective. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related series, except as provided in Section 9.02 hereofHolder.

Appears in 1 contract

Samples: Indenture (Mgic Investment Corp)

Revocation and Effect of Consents, Waivers and Actions. (a) Until an amendment, waiver or other action by Holders becomes effective, a consent to it consent, waiver or any other action by a Holder of a Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Debenture or portion of the Debenture that evidences the same obligation as the consenting Holder's Debenture, even if notation of the consent, waiver or action is not made on such Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Debenture or portion of the Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of such Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Debentures of the related series, except as provided in Section 9.02 hereof9.02.

Appears in 1 contract

Samples: Hercules Inc

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