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

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same obligation as the consenting Holder's Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Securityholder, except as provided in Section 10.2 hereof. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiver. If a record date is fixed, then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Appears in 1 contract

Samples: Indenture (Dairy Mart Convenience Stores Inc)

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Revocation and Effect of Consents, Waivers and Actions. 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 Security hereunder is a continuing consent by the Holder and every subsequent Holder of that Security Note or portion of the Security that Note that evidences the same obligation as the consenting Holder's SecurityNote, even if notation of the consent, waiver or action is not made on the SecurityNote. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security Note or portion of the Security Note if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate principal amount Principal Amount of the Securities then outstanding Notes has been obtained and not revokedobtained. After an amendment, waiver or action becomes effective, it shall bind every Securityholder, except as provided in Section 10.2 hereofHolder. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiverwaiver with respect to the Notes. If a record date is fixed, then, then notwithstanding the first two sentences of the immediately preceding paragraph, those Persons persons who were Holders at such record date (or their duly designated proxies), and only those Personspersons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Appears in 1 contract

Samples: Indenture (Allergan Inc)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, amendment or waiver or other action by Holders with respect to a Series of Notes becomes effective, a consent to it or any other action by a Holder of a Security Note of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security Note or portion of the Security that Note that evidences the same obligation as the consenting Holder's Security’s Note, even if notation of the consent, waiver or action is not made on the SecurityNote. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security ’s Note or portion of the Security Note if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate principal amount Principal Amount of the Securities then outstanding Notes of that series has been obtained and not revokedobtained. After an amendment, waiver or action becomes effective, it shall bind every Securityholder, except as provided in Section 10.2 hereofHolder of Notes of that series. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiverwaiver with respect to a Series of Notes. If a record date is fixed, then, then notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders of Notes of that series at such record date (or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 ninety (90) days after such record date.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Korth Direct Mortgage Inc.)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security Note hereunder is a continuing consent by the Holder and every subsequent Holder of that Security Note or portion of the Security Note that evidences the same obligation as the consenting Holder's SecurityNote, even if notation of the consent, waiver or action is not made on the SecurityNote. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security Note or portion of the Security Note if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities Notes then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every SecurityholderHolder, except as provided in Section 10.2 hereof9.02. The Company Xxxx XX may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiver. If a record date is fixed, then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Appears in 1 contract

Samples: Mark Iv Industries Inc

Revocation and Effect of Consents, Waivers and Actions. 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 Security hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same obligation as the consenting Holder's Security, even if notation of the consent, waiver or action is not made on the such Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the such Securities then outstanding Outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every SecurityholderHolder of the Securities of the related series, except as provided in Section 10.2 hereof902. The Company may, but shall not be obligated to, fix a record date Record Date for the purpose of determining the Holders Persons entitled to consent to any amendment or waiver. If a record date Record Date is fixed, then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were only Holders at of Securities on such record date (Record Date or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders such after such record dateRecord Date. No such consent shall be valid or effective for more than 90 days after such record dateRecord Date.

Appears in 1 contract

Samples: Incorporated (Hercules Inc)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, supplement, waiver or other action by Holders becomes effective, a consent to it consent, waiver or any other action by a Holder of a Security Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Security Debenture or portion of the Security Debenture that evidences the same obligation as the consenting Holder's SecurityDebenture, even if notation of the consent, waiver or action is not made on the Securitysuch Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security Debenture or portion of the Security Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities such Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every SecurityholderHolder of the Debentures of the related series, except as provided in Section 10.2 hereof9.2. The Company may, but shall not be obligated to, fix a record date Record Date for the purpose of determining the Holders Persons entitled to consent to any amendment or waiver. If a record date Record Date is fixed, then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were only Holders at of Debentures on such record date (Record Date or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendmentamend ment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders such after such record dateRecord Date. No such consent shall be valid or effective for more than 90 days after such record dateRecord Date.

Appears in 1 contract

Samples: Indenture (Metlife Capital Trust I)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same obligation as the consenting Holder's Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every SecurityholderHolder, except as provided in Section 10.2 hereof8.02. The Company NAI may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiver. If a record date is fixed, then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons persons who were Holders at such record date (or their duly designated proxies), and only those Personspersons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Appears in 1 contract

Samples: News Corp

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, amendment or waiver or other action by Holders with respect to a Series of Notes becomes effective, a consent to it or any other action by a Holder of a Security Note of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security Note or portion of the Security that Note that evidences the same obligation as the consenting Holder's Security’s Note, even if notation of the consent, waiver or action is not made on the SecurityNote. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security ’s Note or portion of the Security Note if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate principal amount Principal Amount of the Securities then outstanding Notes of that series has been obtained and not revokedobtained. After an amendment, waiver or action becomes effective, it shall bind every Securityholder, except as provided in Section 10.2 hereofHolder of Notes of that series. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiverwaiver with respect to a Series of Notes. If a record date is fixed, then, then notwithstanding the first two sentences of the immediately preceding paragraph, those Persons persons who were Holders of Notes of that series at such record date (or their duly designated proxies), and only those Personspersons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Korth Direct Mortgage Inc.)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, supplement, waiver or other action by Holders becomes effective, a consent to it consent, waiver or any other action by a Holder of a Security Debenture hereunder is a continuing consent by the Holder and every subsequent Holder of that Security Debenture or portion of the Security Debenture that evidences the same obligation as the consenting Holder's SecurityDebenture, even if notation of the consent, waiver or action is not made on the Securitysuch Debenture. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security Debenture or portion of the Security Debenture if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities such Debentures then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every SecurityholderHolder of the Debentures of the related series, except as provided in Section 10.2 hereof9.2. The Company may, but shall not be obligated to, fix a record date Record Date for the purpose of determining the Holders Persons entitled to consent to any amendment or waiver. If a record date Record Date is fixed, then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were only Holders at of Debentures on such record date (Record Date or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not 53 61 such Persons continue to be Holders such after such record dateRecord Date. No such consent shall be valid or effective for more than 90 days after such record dateRecord Date.

Appears in 1 contract

Samples: Metlife Inc

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same obligation as the consenting Holder's Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every SecurityholderHolder, except as provided in Section 10.2 hereof9.02. The Company Mark IV may, but shall not be obligated to, fix a record date for the purpose xxxxxxx of determining the Holders entitled to consent to any amendment or waiver. If a record date is fixed, then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Appears in 1 contract

Samples: Mark Iv Industries Inc

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Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security Note hereunder is a continuing consent by the Holder and every subsequent Holder of that Security Note or portion of the Security Note that evidences the same obligation as the consenting Holder's SecurityNote, even if notation of the consent, waiver or action is not made on the SecurityNote. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security Note or portion of the Security Note if the Trustee receives the notice of revocation before the consent of the requisite aggregate principal amount of the Securities Notes then outstanding has been obtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every SecurityholderHolder, except as provided in Section 10.2 hereof9.02. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiver. If a record date is fixed, then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Appears in 1 contract

Samples: Hutchinson Technology Inc

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, waiver or other action by Holders becomes effective, a A consent to it an amendment or any other action a waiver by a Holder of a Security hereunder is a continuing consent by shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same obligation debt as the consenting Holder's ’s Security, even if notation of the consent, consent or waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, consent or waiver or action as to such Holder's ’s Security or portion of the Security if the Trustee receives the notice of revocation before the consent of date the requisite aggregate principal amount of supplemental indenture setting forth the Securities then outstanding has been obtained and not revokedamendment or waiver becomes effective. After an amendment, amendment or waiver or action becomes effective, it shall bind every SecurityholderHolder. An amendment or waiver becomes effective in accordance with the terms of the supplemental indenture, except as provided in Section 10.2 hereofwhich shall become effective upon the execution thereof by the Trustee. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to give their consent or take any other action described above or required or permitted to any amendment or waiverbe taken pursuant to this Indenture. If a record date is fixed, then, then notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to give such consent to such amendment, supplement or waiver or to revoke any consent previously givengiven or to take any such action, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 120 days after such record date.

Appears in 1 contract

Samples: Indenture (Titan International Inc)

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, amendment or waiver or other action by Holders with respect to a series of Securities becomes effective, a consent to it or any other action by a Holder of a Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of the that Security that evidences the same obligation as the consenting Holder's Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may 45 revoke the consent, waiver or action as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate principal amount Principal Amount of the Securities then outstanding of that series has been obtained and not revokedobtained. After an amendment, waiver or action becomes effective, it shall bind every Securityholder, except as provided in Section 10.2 hereofHolder of Securities of that series. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiverwaiver with respect to a series of Securities. If a record date is fixed, then, then notwithstanding the first two sentences of the immediately preceding paragraph, those Persons persons who were Holders of Securities of that series at such record date (or their duly designated proxies), and only those Personspersons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Appears in 1 contract

Samples: Disney Capital Trust I

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, an‌ amendment or waiver or other action by Holders with respect to a series of Securities becomes effective, a consent to it or any other action by a Holder of a Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of the that Security that evidences the same obligation as the consenting Holder's ’s Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's ’s Security or portion of the Security if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate principal amount Principal Amount of the Securities then outstanding of that series has been obtained and not revokedobtained. After an amendment, waiver or action becomes effective, it shall bind every Securityholder, except as provided in Section 10.2 hereofHolder of Securities of that series. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiverwaiver with respect to a series of Securities. If a record date is fixed, then, then notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders of Securities of that series at such record date (or their duly designated proxies), and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.

Appears in 1 contract

Samples: ysdocs.s3.amazonaws.com

Revocation and Effect of Consents, Waivers and Actions. Until an amendment, supplement, waiver or other action by Holders becomes effective, effective a consent to it or any other action by a Holder of a Security the Notes hereunder is a continuing consent by the Holder and every subsequent Holder of that Security the Notes or portion of the Security Notes that evidences the same obligation as the consenting HolderXxxxxx's SecurityNotes or portion thereof, even if notation of the consent, waiver or action is not made on the SecurityNotes. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security Notes or portion of the Security Notes if the Trustee receives the notice of revocation before the consent of the requisite aggregate then outstanding principal amount of the Securities then outstanding Notes has been obtained and not revokedbecomes effective. After an amendment, supplement, waiver or action becomes effective, it shall bind every SecurityholderNoteholder, except as provided in Section 10.2 9.2 hereof. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment amendment, supplement, or waiver. If a record date is fixed, then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders at such record date (or their duly designated proxies), subject to Section 9.7 and excluding Affiliates of the Company, and only those Persons, shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 30 days after such record date, unless consents from holders of the then outstanding principal amount of the Notes required hereunder for such amendment, supplement or waiver to be effective shall have also been given and not revoked within such 30-day period. SECTION 9.5.

Appears in 1 contract

Samples: World Financial Properties L P

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