Waiver of Existing Defaults. The Holders of a majority in principal amount of any Series of Securities by notice to the Trustee may waive an existing Default with respect to that Series and its consequences, except a Default in the payment of the principal of or interest on any Security.
Appears in 5 contracts
Samples: Indenture (U S West Inc /De/), U S West Communications Inc, Alliant Energy Corp
Waiver of Existing Defaults. The Holders of a majority in principal amount of any Series of Securities by notice to the Trustee may waive an existing Default with respect to that Series and its consequences, consequences except a Default in the payment of the principal of or interest on any Security.
Appears in 3 contracts
Samples: Indenture (Bell Atlantic New Jersey Inc), New York Telephone Co, Bell Atlantic Pennsylvania Inc
Waiver of Existing Defaults. The Holders of a majority in principal amount of any Series of Securities by notice to the Trustee may waive an existing Default with respect to that Series and its consequences, consequences except a Default in the payment of the principal Principal of or interest on any Security.
Appears in 2 contracts
Waiver of Existing Defaults. The Holders of a majority in principal Principal amount of any Series of Securities by notice to the Trustee may waive an existing Default with respect to that Series and its consequences, except a Default in the payment of the principal Principal of or interest on any Security.
Appears in 2 contracts
