Common use of Direction, Waiver and Consent Requirements Clause in Contracts

Direction, Waiver and Consent Requirements. In determining whether the Noteholders of the required principal amount of Investor Notes have concurred in any direction, waiver or consent, Investor Notes owned by the Company or any direct or indirect Subsidiary of the Company shall not be considered as though they are outstanding.

Direction, Waiver and Consent Requirements. In determining whether the Noteholders Required Holders of the required principal amount of Investor Subordinated Notes have concurred in any direction, waiver or consent, Investor Subordinated Notes owned by the Company or any direct or indirect Subsidiary of the Company shall not be considered as though they are outstanding.