Common use of Annulment of Acceleration of Notes Clause in Contracts

Annulment of Acceleration of Notes. If a declaration is made pursuant to paragraph 7B(i)(b) of this Agreement in respect of any Notes by any holder or holders thereof then, and in every such case, the Required Holders may, by written instrument filed with the Company, rescind and annul such declaration, and the consequences thereof, PROVIDED that at the time such declaration is annulled and rescinded:

Appears in 1 contract

Samples: Shelf Agreement (National Consumer Cooperative Bank /Dc/)

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Annulment of Acceleration of Notes. If a declaration is made pursuant to paragraph 7B(i)(b) of this Agreement in respect of any Notes by any holder or holders thereof thenSection 0(a)(ii), then and in every such case, the Required Holders may, by written instrument filed with the Company, rescind and annul such declaration, and the consequences thereof, PROVIDED provided that at the time such declaration is annulled and rescinded:

Appears in 1 contract

Samples: Note Purchase Agreement (Alleghany Corp /De)

Annulment of Acceleration of Notes. If a declaration is made pursuant to paragraph 7B(i)(b) of this Agreement in respect of any Notes by any holder or holders thereof thenSection 6.2(a)(i)(2), then and in every such case, notwithstanding anything herein or in the Notes to the contrary, the Required Holders may, by written instrument filed with the CompanyIssuers, rescind and annul such declaration, and the consequences thereof, PROVIDED provided, however that at the time such declaration is annulled and rescinded:

Appears in 1 contract

Samples: Note Agreement (Coho Energy Inc)

Annulment of Acceleration of Notes. If a declaration is made pursuant to paragraph 7B(i)(bSection 6.2(a)(i)(B) of this Agreement in respect of any Notes by any holder or holders thereof thenSection 6.2(a)(ii), then and in every such case, the Required Holders may, by written instrument filed with the Company, rescind and annul such declaration, and the consequences thereof; PROVIDED, PROVIDED HOWEVER, that at the time such declaration is annulled and rescinded:

Appears in 1 contract

Samples: Note Agreement (World Almanac Education Group Inc)

Annulment of Acceleration of Notes. If a declaration is made pursuant to paragraph 7B(i)(b) of this Agreement in respect of any Notes by any holder or holders thereof thenSection 12.1, then and in every such case, the Required Holders may, by written instrument filed with the Company, rescind and annul such declaration, and the consequences thereof; PROVIDED, PROVIDED HOWEVER, that at the time such declaration is annulled and rescinded:

Appears in 1 contract

Samples: Note Purchase Agreement (Rowecom Inc)

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Annulment of Acceleration of Notes. If a declaration is made pursuant to paragraph 7B(i)(b) of this Agreement in respect of any Notes by any holder or holders thereof thenSection 8.2(a)(ii), then and in every such case, the Required Holders may, by written instrument filed with the Company, rescind and annul such declaration, declaration and the consequences thereof, PROVIDED that at the time such declaration is annulled and rescinded:

Appears in 1 contract

Samples: Note Purchase Agreement (U S Restaurant Properties Master L P)

Annulment of Acceleration of Notes. If a declaration is made pursuant to paragraph 7B(i)(b) of this Agreement in respect of any Notes by any holder or holders thereof thenSection 10.1, then and in every such case, the Required Holders may, by written instrument filed with the Company, rescind and annul such declaration, and the consequences thereof; provided, PROVIDED however, that at the time such declaration is annulled and rescinded:

Appears in 1 contract

Samples: Stock Pledge Agreement (Divine Inc)

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