Common use of Further Action by Holder Clause in Contracts

Further Action by Holder. As soon as practicable after the effectiveness of the Waiver as provided in Article V below, the Holder shall instruct the DTC Participant(s) through which it beneficially owns the Notes to execute and deliver a consent form and shall instruct such DTC Participant(s) to take all such further action as may be necessary to effect the consent of the Holder evidenced by this Agreement on behalf of such Holder. In addition, the Holder shall, at the written request of Bally, at any time and from time to time following the execution of this Agreement execute and deliver to Bally all such further instruments and take all such further action as may be reasonably necessary or appropriate in order to confirm or carry out its obligations under this Agreement and the transactions contemplated hereby.