Event of Default Defined; Acceleration of Maturity; Waiver of Event of Default Sample Clauses

Event of Default Defined; Acceleration of Maturity; Waiver of Event of Default. Unless otherwise established in accordance with Section 2.03 or by any applicable supplemental indenture, “Event of Defaultwith respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):
AutoNDA by SimpleDocs
Event of Default Defined; Acceleration of Maturity; Waiver of Event of Default. Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) unless it is specifically deleted or modified in the supplemental indenture, if any, under which such series of Securities is issued:
Event of Default Defined; Acceleration of Maturity; Waiver of Event of Default. 26 Section 5.02. Collection Of Indebtedness By Trustee; Trustee May Prove Debt 28 Section 5.03. Application of Proceeds 31 Section 5.04. Suits for Enforcement 32 Section 5.05. Restoration of Rights on Abandonment of Proceedings 32 Section 5.06. Limitations on Suits by Securityholders 32
Event of Default Defined; Acceleration of Maturity; Waiver of Event of Default. 24 Section 5.02. Collection of Indebtedness by Trustee; Trustee May Prove Debt 27 Section 5.03. Application of Proceeds 30 Section 5.04. Suits for Enforcement 31 Section 5.05. Restoration of Rights on Abandonment of Proceedings 31 Section 5.06. Limitations on Suits by Securityholders 31 Section 5.07. Unconditional Right of Securityholders to Institute Certain Suits 32 Section 5.08. Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default 32 Section 5.09. Control by Holders of Securities 32 Section 5.10. Waiver of Past Defaults 33 Section 5.11. Trustee to Give Notice of Default; But May Withhold in Certain Circumstances 33 Section 5.12. Right of Court to Require Filing of Undertaking to Pay Costs 34
Event of Default Defined; Acceleration of Maturity; Waiver of Event of Default. Section 5.01(f) of the Indenture is hereby amended by inserting the words “any of” immediately following the words “as hereinafter provided, the Issuer or” in the second flush paragraph immediately following clause (f) thereof.
Event of Default Defined; Acceleration of Maturity; Waiver of Event of Default. Section 5.01(e) of the Indenture is hereby amended by replacing the words “the Guarantor” with the words “any of the Guarantors” immediately following the words “as hereinafter provided, the Issuer or” in the second flush paragraph immediately following clause (e) thereof.

Related to Event of Default Defined; Acceleration of Maturity; Waiver of Event of Default

  • Event of Default Defined; Acceleration of Maturity; Waiver of Default Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Event of Default Defined Acceleration of Maturity; Waiver of Default. "Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Event of Default; Waiver The Holders of a Majority in Liquidation Amount of the Preferred Securities may, on behalf of the Holders, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Guarantee Agreement, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent therefrom.

  • Waiver of Event of Default The Majority Certificateholders may, on behalf of all Certificateholders, by notice in writing to the Trustee, direct the Trustee to waive any events permitting removal of any Master Servicer under this Agreement, provided, however, that the Majority Certificateholders may not waive an event that results in a failure to make any required distribution on a Certificate without the consent of the Holder of such Certificate. Upon any waiver of an Event of Default, such event shall cease to exist and any Event of Default arising therefrom shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right consequent thereto except to the extent expressly so waived. Notice of any such waiver shall be given by the Trustee to the Rating Agency.

  • Events of Default Defined The following shall each constitute an "Event of Default" hereunder:

  • Waiver of Past Defaults and Events of Default Subject to Sections 6.02, 6.08 and 8.02, the Holders of a majority in aggregate principal amount of the Notes then outstanding have the right to waive any existing Default or compliance with any provision of this Indenture or the Notes. 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 thereto.

  • Actions following an Event of Default On, or at any time after, the occurrence of an Event of Default:

  • Waiver of Events of Default The Holders representing at least 66% of the Voting Rights affected by a default or Event of Default hereunder may waive such default or Event of Default; provided, however, that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the manner set forth in Section 11.01(b)(i) or (ii). Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived.

  • Waiver of Defaults and Events of Default (a) The Noteholders of a majority of the Note Balance of the Controlling Class may waive any Default or Event of Default, except an Event of Default (i) in the payment of principal of or interest on any of the Notes (other than an Event of Default relating to failure to pay principal due only by reason of acceleration) or (ii) in respect of a covenant or provision of this Indenture that cannot be amended, supplemented or modified without the consent of all Noteholders.

  • Events of Default and Acceleration If any of the following events (“Events of Default” or, if the giving of notice or the lapse of time or both is required, then, prior to such notice or lapse of time, “Defaults”) shall occur:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!