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

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