Common use of Waiver of Past Defaults Clause in Contracts

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 234 contracts

Sources: Indenture (Kyndryl Holdings, Inc.), Indenture (Genpact LTD), Indenture (Genpact Luxembourg S.a.r.l.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 76 contracts

Sources: Indenture (Progress Software Corp /Ma), Indenture (Church & Dwight Co Inc /De/), Indenture (Church & Dwight Co Inc /De/)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding outstanding Securities of any series Series may on behalf of the Holders of all the Securities of such series Series waive any past default Default hereunder with respect to such series Series and its consequences, except a default (1) Default in the payment of the principal of or any premium or interest on any Security of such seriesSeries (provided, or (2) in respect however, that the Holders of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent majority in principal amount of the Holder outstanding Securities of each Outstanding Security of any Series may rescind an acceleration and its consequences, including any related payment default that resulted from such series affectedacceleration). Upon any such waiver, such default Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default Default or impair any right consequent thereon.

Appears in 74 contracts

Sources: Indenture (South Bow USA Infrastructure Holdings LLC), Indenture (South Bow Corp), Indenture (Shift Technologies, Inc.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1a) in the payment of the principal of or any premium premium, if any, or interest interest, if any, on any Security of such series, or (2b) in respect of a covenant or provision hereof which under Article Nine Section 1202 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event and all Events of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 39 contracts

Sources: Indenture (Entergy Mississippi Inc), Indenture (Txu Corp /Tx/), Indenture (Texas Utilities Co /Tx/)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1a) in the payment of the principal of or any premium or interest on any Security of such series, or (2b) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 36 contracts

Sources: Indenture (Eplus Inc), Subordinated Indenture (Pioneer Energy Services Corp), Indenture (Pioneer Energy Services Corp)

Waiver of Past Defaults. The Subject to Section 5.2, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder under this Indenture with respect to such series and its consequences, except a default default (1) in the payment of the principal of or any premium or interest on any Security of such series, or or (2) in respect of a covenant or provision hereof of this Indenture which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affectedaffected series. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom from such default shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereonright.

Appears in 31 contracts

Sources: Indenture (Independent Bank Corp), Indenture (Valley National Bancorp), Indenture (Valley National Bancorp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, series or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 24 contracts

Sources: Indenture (American Italian Pasta Co), Subordinated Indenture (American Italian Pasta Co), Indenture (Bay Valley Foods, LLC)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a defaultexcept (1) a continuing default in the payment of the principal of or any premium or interest on any Security of such series, or (2) a default in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 24 contracts

Sources: Indenture (Dime Community Bancshares, Inc. /NY/), Indenture (Community West Bancshares), Indenture (Financial Institutions Inc)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium premium, if any, or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 22 contracts

Sources: Indenture (AppLovin Corp), Indenture (Apple Inc.), Indenture (Reynolds Presto Products Inc.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; Indenture but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 20 contracts

Sources: Indenture (GPT Operating Partnership LP), Indenture (PetroQuest Energy, L.L.C.), Indenture (PetroQuest Energy, L.L.C.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 20 contracts

Sources: Indenture (Allegheny Energy Supply Co LLC), Indenture (Meadwestvaco Corp), Indenture (Regency Office Partnership L P)

Waiver of Past Defaults. The Subject to Section 6.02, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine Ten cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 19 contracts

Sources: Indenture (Willis Netherlands Holdings B.V.), Indenture (Willis Netherlands Holdings B.V.), Indenture (Willis Netherlands Holdings B.V.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such series, ; or (2) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 16 contracts

Sources: Indenture (Marathon Petroleum Corp), Indenture (Marathon Oil Corp), Indenture (Marathon Oil Corp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to the Securities of such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 16 contracts

Sources: Senior Indenture (Newfield Exploration Co /De/), Subordinated Indenture (Dynegy Capital Trust Ii), Subordinated Debt Indenture (Dynegy Capital Trust Iii)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may may, on behalf of the Holders of all the Securities of such series series, waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of of, or any premium premium, if any, or interest on on, any Security of such series, ; or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 16 contracts

Sources: Indenture (Gogo Inc.), Indenture (Gogo Inc.), Senior Indenture (Principal Financial Group Inc)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a defaultexcept (1) a continuing default in the payment of the principal of or any premium or interest on any Security of such series, or (2) a default in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 15 contracts

Sources: Indenture (El Paso Pipeline Partners Operating Company, L.L.C.), Indenture (El Paso Pipeline Partners Operating Company, L.L.C.), Subordinated Indenture (Inergy L P)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1a) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such seriesSecurity, or (2b) arising from a Change in Control Triggering Event, or (c) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 14 contracts

Sources: Indenture (Rogers Communications Inc), Indenture (Rogers Communications Inc), Indenture (Rogers Communications Inc)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest interest, if any, on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 14 contracts

Sources: Indenture (Public Service Co of Oklahoma), Indenture (Public Service Co of Oklahoma), Indenture (Public Service Co of Oklahoma)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a defaultexcept: (1) a continuing default in the payment of the principal of or any premium or interest on any Security of such series, or (2) a default in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 14 contracts

Sources: Indenture (Weatherford International LTD), Indenture (Cornell Abraxas Group, Inc.), Indenture (Rowan Companies Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 14 contracts

Sources: Indenture (Allied Capital Corp), Indenture (United States Steel Corp), Indenture (Allegheny Technologies Inc)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1a) in the payment of the principal of or any premium or interest on any Security of such series, ; or (2b) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 14 contracts

Sources: Indenture (AlphaTON Capital Corp), Indenture (EyePoint Pharmaceuticals, Inc.), Indenture (Verb Technology Company, Inc.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series and any related coupons waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, ; or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 13 contracts

Sources: Indenture (New Nisource Inc), Indenture (Pec Funding Trust I), Indenture (American Water Capital Corp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine this article cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 13 contracts

Sources: Indenture (Xl Group PLC), Indenture (Delphi Financial Group Inc/De), Indenture (Security Capital Assurance LTD)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 12 contracts

Sources: Indenture of Trust (Kayne Anderson MLP Investment CO), Indenture of Trust (Kayne Anderson MLP Investment CO), Indenture of Trust (Kayne Anderson MLP Investment CO)

Waiver of Past Defaults. The Holders holders of not less than a majority in principal amount of the Outstanding Securities of any series series, determined in accordance with Section 8.04, may on behalf of the Holders holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 12 contracts

Sources: Indenture (Hyperscale Data, Inc.), Indenture (Hyperscale Data, Inc.), Indenture (Singing Machine Co Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may by Act on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1a) in the payment of the principal of or any premium or interest on any Security of such series, or (2b) in respect of a covenant or provision hereof which under Article Nine 10 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 11 contracts

Sources: Indenture (Brookfield Renewable Corp), Indenture (Brookfield Renewable Partners L.P.), Indenture (BRP Bermuda Holdings I LTD)

Waiver of Past Defaults. The Holders holders of not less than a majority in principal amount of the Outstanding Securities of any each series may at the time Outstanding may, on behalf of the Holders holders of all the Securities of such series that series, waive any past default hereunder with respect to such series and its consequences, except a default: (1a) in the payment of the principal of of, premium, if any, or any premium or interest on any Security of such series, Security; or (2b) in respect of a covenant or provision hereof which under that pursuant to Article Nine 10 cannot be modified or amended without the consent of the Holder holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Default or Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 11 contracts

Sources: Subordinated Indenture (Trustmark Corp), Senior Indenture (Trustmark Corp), Subordinated Indenture (Flushing Financial Corp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to existexist and be deemed to not have occurred, and any Event of Default arising therefrom shall be deemed to have been curedcured and not have occurred, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 10 contracts

Sources: Indenture (BrightSpring Health Services, Inc.), Indenture (BrightSpring Health Services, Inc.), Indenture (BrightSpring Health Services, Inc.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1a) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2b) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 9 contracts

Sources: Indenture (Colony Financial, Inc.), Indenture (McCormick & Co Inc), Indenture (McCormick & Co Inc)

Waiver of Past Defaults. The Holders holders of not less than a majority in principal amount of the Outstanding Securities of any series series, determined in accordance with Section 8.04, may on behalf of the Holders holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 9 contracts

Sources: Indenture (Athene Holding Ltd.), Indenture (Athene Holding Ltd.), Indenture (Athene Holding LTD)

Waiver of Past Defaults. (a) The Holders of not less than a majority in principal amount of the Outstanding Securities Notes of any series may on behalf of the Holders of all the Securities Notes of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security Note of such series, or (2) in respect of a covenant or provision hereof which under Article Nine X cannot be modified or amended without the consent of the Holder of each Outstanding Security Note of such series affected. . (b) Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 9 contracts

Sources: Indenture (Celgene Corp /De/), Indenture (Celgene Corp /De/), Indenture (Celgene Corp /De/)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder under this Indenture with respect to such series and its consequences, except a default default (1) in the payment of the principal of or any premium or interest on any Security of such series, or or (2) in respect of a covenant or provision hereof of this Indenture which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affectedaffected series. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom from such default shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereonright.

Appears in 9 contracts

Sources: Indenture (Imperial Petroleum Inc./Marshall Islands), Indenture (Tsakos Energy Navigation LTD), Indenture (Tsakos Energy Navigation LTD)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1a) in the payment of the principal of or any premium or interest on any Security of such series, or (2b) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 9 contracts

Sources: Indenture (DH Europe Finance II S.a.r.l.), Indenture (DH Europe Finance II S.a.r.l.), Indenture (Danaher Corp /De/)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of principal, premium, if any, or any premium or interest interest, if any, on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 9 contracts

Sources: Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD)

Waiver of Past Defaults. (a) The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series directly affected. . (b) Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 7 contracts

Sources: Indenture (Wright Medical Group N.V.), Indenture (Hanover Insurance Group, Inc.), Indenture (Atlas Air Worldwide Holdings Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a defaultexcept: (1) a continuing default in the payment of the principal of or any premium or interest on any Security of such series, or (2) a default in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 7 contracts

Sources: Indenture (NuStar Energy L.P.), Indenture (NuStar Pipeline Operating Partnership L.P.), Indenture (Tc Pipelines Lp)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1a) in the payment of the principal of or any premium or interest on any Security of such series, or (2b) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 7 contracts

Sources: Indenture (Madrigal Pharmaceuticals, Inc.), Indenture (Madrigal Pharmaceuticals, Inc.), Indenture (American Public Education Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default : (1a) in the payment of the principal of or any premium or interest on any Security of such series, or or (2b) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 7 contracts

Sources: Indenture (Goodyear Tire & Rubber Co /Oh/), Indenture (Goodyear Tire & Rubber Co /Oh/), Indenture (Goodyear Capital Trust I)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine Ten cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 6 contracts

Sources: Indenture (Centennial Puerto Rico Operations Corp), Indenture (Century Communications Corp), Senior Subordinated Indenture (Century Communications Corp)

Waiver of Past Defaults. The Holders holders of not less than a majority in principal amount of the Outstanding Securities of any each series may at the time Outstanding may, on behalf of the Holders holders of all the Securities of such that series and any coupons appertaining thereto, waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of of, premium, if any, or any premium or interest on any Security of such series, Security; or (2) in respect of a covenant or provision hereof which under that pursuant to Article Nine 10 cannot be modified or amended without the consent of the Holder holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Default or Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 6 contracts

Sources: Subordinated Indenture (Veritex Holdings, Inc.), Subordinated Indenture (BCB Bancorp Inc), Subordinated Indenture (Howard Bancorp Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine this Indenture cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 6 contracts

Sources: Indenture (Global Indemnity Group, Inc.), Indenture (Global Indemnity Group, Inc.), Indenture (Xl Group PLC)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series Series may on behalf of the Holders of all the Securities of such series Series waive any past default hereunder with respect to such series and its consequences, except a defaultdefault not theretofore cured: (1i) in the payment of the principal of or any premium of, premium, if any, or interest on any Security of such series, Series; or (2ii) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series Series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of the Securities of such Series under this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 6 contracts

Sources: Indenture (Wal Mart Stores Inc), Indenture (Wal Mart Stores Inc), Indenture (Wal Mart Stores Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under this Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 6 contracts

Sources: Indenture (Mediacom Capital Corp), Indenture (Mediacom Capital Corp), Indenture (Mediacom Capital Corp)

Waiver of Past Defaults. (a) The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may Notes may, by written notice to the Trustee, on behalf of the Holders of all the Securities of such series Notes waive any past default hereunder with respect to such series Notes and its consequences, except a default: (1i) in the payment of the principal of or any premium or interest on any Security of such seriesthe Notes, or (2ii) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series Note affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 5 contracts

Sources: Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine 9 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 5 contracts

Sources: Indenture (Modine Manufacturing Co), Indenture (Cellular Dynamics International, Inc.), Indenture (Ari Network Services Inc /Wi)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may may, on behalf of the Holders of all the Securities of such series series, waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 5 contracts

Sources: Indenture (Canadian Imperial Bank of Commerce /Can/), Indenture (Canadian Imperial Bank of Commerce /Can/), Indenture

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest interest, if any, on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine Ten cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to existexist with respect to such series, and any Event of Default with respect to such series arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 5 contracts

Sources: Indenture (International Business Machines Corp), Indenture (Ibm Credit LLC), Indenture (Ibm Credit LLC)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 5 contracts

Sources: Indenture (Dime Bancorp Inc), Indenture (Amsouth Bancorporation), Indenture (Dime Bancorp Inc)

Waiver of Past Defaults. The Subject to Section 502, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 5 contracts

Sources: Indenture (America Movil Sab De Cv/), Indenture (America Movil Sa De Cv/), Indenture (Mobile Radio Dipsa)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any all affected series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 5 contracts

Sources: Senior Debt Indenture (NYSE Holdings LLC), Subordinated Debt Indenture (NYSE Holdings LLC), Senior Debt Indenture (Intercontinentalexchange Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (Weyerhaeuser Co), Indenture Agreement (PROCTER & GAMBLE Co), Indenture (Procter & Gamble International Funding SCA)

Waiver of Past Defaults. The Subject to Section 502, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (Royal Bank of Canada \), Indenture (Royal Bank of Canada \), Indenture (Royal Bank of Canada \)

Waiver of Past Defaults. (a) The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such seriesthat series at its Maturity, or (2) in respect of a covenant or provision hereof which under Article Nine X cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. . (b) Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (LPL Holdings, Inc.), Indenture (LPL Holdings, Inc.), Indenture (LPL Holdings Inc)

Waiver of Past Defaults. The Subject to Section 502, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequencesDefault or Event of Default under this Indenture, except a default (1) default in the payment of the principal of or any premium (and premium, if any) or interest on any Security of such seriesNote, or (2) or in respect of a covenant or provision hereof which that under Article Nine this Indenture cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affectedNote outstanding. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default Default or Event of Default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (CCC Capital Trust Ii), Senior Indenture (Sci Systems Inc), Subordinated Indenture (Sci Systems Inc)

Waiver of Past Defaults. The Holders holders of not less than a majority in principal amount of the Outstanding Securities of any each series may at the time Outstanding may, on behalf of the Holders holders of all the Securities of such that series and any coupons appertaining thereto, waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of of, premium, if any, or any premium or interest on any Security of such series, Security; or (2) in respect of a covenant or provision hereof which under that pursuant to Article Nine 10 cannot be modified or amended without the consent of the Holder holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Default or Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (Biomimetic Therapeutics, Inc.), Indenture (Citizens & Northern Corp), Indenture (Biomimetic Therapeutics, Inc.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series by notice to the Trustee may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1a) in the payment of the principal of or any premium or interest on any Security of such series, or (2b) in respect of a covenant or provision hereof which under Article Nine 9 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Subordinated Indenture (Medtronic Inc), Senior Indenture (Medtronic PLC), Subordinated Indenture (Medtronic Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a defaultdefault not theretofore cured: (1i) in the payment of the principal of or any premium of, premium, if any, or interest on any Security of such series, ; or (2ii) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of the Securities of such series under this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (Waste Connections Inc/De), Indenture (Wilmington Trust Corp), Indenture (Banc One Corp /Oh/)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1a) in the payment of the principal of or any premium premium, if any, or interest interest, if any, on any Security of such seriesOutstanding Security, or (2b) in respect of a covenant or provision hereof which under Article Nine Section 1302 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such any series or Tranche affected. Upon any such waiver, such default shall cease to exist, and any Event and all Events of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (For Unsecured Debt Securities) (Oncor Electric Delivery Co), Indenture (Mdu Resources Group Inc), Indenture (Mdu Resources Group Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine 9 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (Solectron Corp), Indenture (Solectron Corp), Indenture (Solectron Corp)

Waiver of Past Defaults. The In addition to the provisions of Section 5.2 and except as otherwise provided as contemplated by Section 3.1, the Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series by written notice to the Trustee may waive on behalf of the Holders of all the Securities of such series waive any a past default hereunder Default or Event of Default with respect to such that series and its consequences, consequences except (i) a default (1) Default or Event of Default in the payment of the principal of of, premium, if any, or any premium or interest interest, if any, on any Security of such series, or series or any coupon appertaining thereto or (2ii) in respect of a covenant or provision hereof which under Article Nine pursuant to Section 8.2 cannot be amended or modified or amended without the consent of the Holder of each Outstanding Security of such series adversely affected. Upon any such waiver, such default Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (Federal Mogul Corp), Indenture (Federal Mogul Corp), Indenture (Federal Mogul Corp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been curedcured and shall cease to exist, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 4 contracts

Sources: Indenture (Abbott Laboratories), Indenture (Abbott Laboratories), Indenture (AbbVie Inc.)

Waiver of Past Defaults. The Subject to Section 5.02, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Arch Capital Group Ltd.), Indenture (Arch Capital Group (U.S.) Inc.), Indenture (Arch Capital Group Ltd.)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding outstanding Securities of any series Series may on behalf of the Holders of all the Securities of such series Series waive any past default Default hereunder with respect to such series Series and its consequences, except a default Default (1) in the payment of the principal of or any premium or interest on any Security of such seriesSeries, or (2) under Article VII or (3) in respect of a covenant or provision hereof which under Article Nine X cannot be modified or amended without the consent of the Holder of each Outstanding outstanding Security of such series Series affected. Upon any such waiver, such default Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default Default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Senior Indenture (Beverly Enterprises Inc), Subordinated Indenture (Beverly Enterprises Inc), Subordinated Indenture (Beverly Enterprises Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1a) in the payment of the principal of or any premium or interest on any Security of such series, ; or (2b) in respect of a covenant or provision hereof which under Article Nine 9 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Golden Star Resources LTD), Indenture (Stillwater Mining Co /De/), Indenture (Patterson Energy Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest interest, if any, on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Thaxton Group Inc), Indenture (Thaxton Group Inc), Indenture (Thaxton Group Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any all affected series (voting together as a single class) may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Senior Debt Indenture (Intercontinental Exchange, Inc.), Senior Debt Indenture (Intercontinental Exchange, Inc.), Senior Debt Indenture (Intercontinental Exchange, Inc.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1a) in the payment of the principal of or any premium or interest on any Security of such series, or (2b) in respect of a covenant or provision hereof hereof, which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Subordinated Indenture (Eplus Inc), Subordinated Indenture (Speed Commerce, Inc.), Subordinated Indenture (Eplus Inc)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series Series at the time Outstanding may on behalf of the Holders of all the Securities of such series Series waive any past default hereunder with respect to such series and or its consequences, except a default (1) default in the payment of the principal of or any premium or interest on any Security of the Securities of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affectedSeries. Upon any such waiver, such default shall cease to existexist and be deemed to have been cured and not to have occurred, and any Event of Default arising therefrom shall be deemed to have been cured, cured and not to have occurred for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Usg Corp), Indenture (Dean Foods Co), Indenture (Usg Corp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities Notes of any series may on behalf of the Holders of all the Securities Notes of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1a) in the payment of the principal of of, or any premium or interest on on, any Security Note of such series, ; or (2b) in respect of a covenant or provision hereof which under Article Nine ARTICLE 9 cannot be modified or amended without the consent of the Holder of each Outstanding Security Note of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but provided, however, that no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (NEWMONT Corp /DE/), Indenture, Indenture (NEWMONT Corp /DE/)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Georgia Pacific Corp), Indenture (Wachovia Corp/ Nc), Indenture (Georgia Pacific Corp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default Default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default Default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (CNH Industrial Capital LLC), Indenture (New Holland Credit Company, LLC), Indenture (CNH Industrial Capital LLC)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series by notice to the Trustee may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Bowater Inc), Indenture (Bowater Inc), Indenture (Radioshack Corp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may by Act on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1a) in the payment of the principal of or any premium or interest on any Security of such series, or (2b) in respect of a covenant or provision hereof which under Article Nine 9 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Brookfield Asset Management Ltd.), Indenture (Brookfield Asset Management Ltd.), Subordinated Indenture (Brookfield Asset Management Ltd.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, consequences except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Wellman Inc), Indenture (Wellman Inc), Indenture (Wellman Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series affected thereby may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Cullen/Frost Bankers, Inc.), Indenture (Cullen/Frost Bankers, Inc.), Indenture (Cullen/Frost Bankers, Inc.)

Waiver of Past Defaults. The Subject to Section 502, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such series, ; or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Senior Indenture (Allianz Finance III B.V.), Subordinated Debt Indenture (Allianz Finance III B.V.), Subordinated Debt Indenture (Allianz Finance III B.V.)

Waiver of Past Defaults. The Subject to Section 5.02, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Tribune Co), Trust Indenture (Tribune Co), Indenture (Tribune Co)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series tranche may on behalf of the Holders of all the Securities of such series tranche waive any past default hereunder with respect to such series tranche and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such seriestranche, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series tranche affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Nomura America Finance, LLC), Indenture (Nomura America Finance, LLC), Senior Debt Indenture (Goldman Sachs Capital V)

Waiver of Past Defaults. (a) The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. . (b) Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Atlas Air Worldwide Holdings Inc), Indenture (Atlas Air Worldwide Holdings Inc), Indenture (Atlas Air Worldwide Holdings Inc)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a defaultexcept (1) a continuing default in the payment of the principal of or any premium or interest on any Security of such series, or (2) a default in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Subordinated Indenture (Buckeye Partners, L.P.), Indenture (Buckeye Partners L P), Indenture (Buckeye Partners L P)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, consequences except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine VIII cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this IndentureIndenture with respect to the Securities of such series; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Peter Kiewit Sons Inc /De/), Indenture (Peter Kiewit Sons Inc /De/), Indenture (Kiewit Materials Co)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding then outstanding Securities of any a series may by notice to the Trustee may, on behalf of the Holders of all of the Securities of such series series, waive any past default hereunder existing Default or Event of Default with respect to such series and its consequencesconsequences hereunder, except a default (1) continuing Default or Event of Default in the payment of the principal of or any premium premium, if any, or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security Securities of such series affected(including in connection with an offer to purchase) and except as provided in Section 9.02. Upon any such waiver, such default Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default Default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Access Midstream Partners Lp), Indenture (Access Permian Midstream LLC), Indenture (Chesapeake MLP Operating LLC)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series and any related coupons waive any past default hereunder with respect to the Securities of such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Baker Hughes Inc), Indenture (Lone Star Technologies Inc), Indenture (Lone Star Technologies Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series and any related coupons waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium (and premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 3 contracts

Sources: Indenture (Arvin Industries Inc), Subordinated Indenture (Valero Energy Corp/Tx), Indenture (Valero Energy Corp/Tx)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) . in the payment of the principal of (or any premium premium, if any) or interest interest, if any, on any Security of such series, or (2) . in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (FNB Corp/Fl/), Indenture (FNB Financial Services, LP)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to the Securities of such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.. 36

Appears in 2 contracts

Sources: Indenture (Illinois Power Co), Indenture (Illinois Power Co)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such that series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any), or interest on any Security of such that series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such that series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Georgia Gulf Corp /De/), Indenture (Georgia Gulf Corp /De/)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any each affected series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affectedaffected series. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Senior Debt Securities Indenture (Fiat Chrysler Finance Us Inc.), Senior Debt Securities Indenture (Fiat Chrysler Automobiles N.V.)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a defaultexcept (1) a continuing default in the payment of the principal of or any premium or interest on any Security of such series, or (2) a default in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Evans Bancorp Inc), Indenture (Evans Bancorp Inc)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) a continuing default in the payment of the principal of or any premium or interest on any Security of such series, or or (2) a default in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Enterprise Financial Services Corp), Indenture (Park National Corp /Oh/)

Waiver of Past Defaults. The Subject to Section 502, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Arch Capital Group Ltd.), Indenture (Arch Capital Group Ltd.)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Subordinated Debt Indenture (Hasbro Inc), Senior Debt Indenture (Hasbro Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium of, premium, if any, or interest on any Security of such seriesSecurity, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , and the Company, any Subsidiary Guarantor, the Trustee and any Holder shall be restored to their former position and rights hereunder, but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Staples Inc), Indenture (Staples Inc)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a defaultexcept (1a) a continuing default in the payment of the principal of or any premium or interest on any Security of such series, or (2b) a default in respect of a covenant or provision hereof which under Article Nine 9 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; , but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (CenterState Bank Corp), Indenture Agreement (CenterState Bank Corp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series affected thereby, voting as a class, may on behalf of the Holders of all the Securities of all such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Monsanto Finance Canada Co.), Indenture (Monsanto Co /New/)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affectedoffered. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this IndentureIndenture and the Securities of such series; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Starwood Lodging Trust), Indenture (Starwood Lodging Corp)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default: (1) in the delivery or payment of the principal of Maturity Consideration or any premium or interest on any Security of such series, ; or (2) in respect of a covenant or provision hereof which under Article Nine IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (United Parcel Service Inc), Indenture (United Parcel Service Inc)

Waiver of Past Defaults. The Holders of not less than a majority in aggregate principal amount of the Outstanding Securities Notes of any series may may, on behalf of the Holders of all the Securities Notes of such series series, waive any past default hereunder with respect to the Notes of such series and its consequencesseries, except a defaultdefault not theretofore cured: (1) in the payment of the principal of or any premium principal, premium, if any, or interest on any Security Notes of such series, or (2) in respect of a covenant or provision hereof which in this Indenture which, under Article Nine VIII, cannot be modified or amended without the consent of the Holder of each Outstanding Security Note of such series affectedseries. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Bottling Group LLC), Indenture (Bottling Group LLC)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this IndentureInden ture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Alco Standard Corp), Indenture (Popular International Bank Inc)

Waiver of Past Defaults. The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default (1) in the payment of the principal of (or any premium premium, if any) or interest on any Security of such series, or (2) in respect of a covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, such default shall cease to existexist with respect to such series, and any Event of Default with respect to such series arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Appears in 2 contracts

Sources: Indenture (Ubs Americas Inc), Indenture (Ubs Americas Inc)