Common use of Modification by Holders; Waiver Clause in Contracts

Modification by Holders; Waiver. The Company may, with the written consent of the holders of not less than 66 2/3% in principal amount of the Notes then outstanding, modify the terms and provisions of the Notes or the rights of the holders of the Notes or the obligations of the Company thereunder, and the observance by the Company of any term or provision of the Notes may be waived with the written consent of the holders of not less than 66 2/3% in principal amount of the Notes then outstanding; PROVIDED, HOWEVER, that no such modification or waiver shall:

Appears in 3 contracts

Samples: Securities Purchase Agreement (Alliance Data Systems Corp), Note (Alliance Data Systems Corp), Alliance Data Systems Corp

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Modification by Holders; Waiver. The Company Corporation may, with the written consent of the holders of not less than 66 2/3% in principal amount of the Notes then outstanding, modify the terms and provisions of the Notes or the rights of the holders of the Notes or the obligations of the Company Corporation thereunder, and the observance by the Company Corporation of any term or provision of the Notes may be waived with the written consent of the holders of not less than 66 2/3% in principal amount of the Notes then outstanding; PROVIDEDprovided, HOWEVERhowever, that no such modification or waiver shall:

Appears in 3 contracts

Samples: Securities Purchase Agreement (Savvis Communications Corp), Securities Purchase Agreement (Savvis Communications Corp), Securities Purchase Agreement (Reuters Group PLC)

Modification by Holders; Waiver. The Company may, with the written consent of the holders of not less than 66 2/3% in principal amount of the Notes then outstanding, modify the terms and provisions of the Notes or the rights of the holders of the Notes or the obligations of the Company thereunder, and the observance by the Company of any term or provision of the Notes may be waived with the written consent of the holders of not less than 66 2/3% in principal amount of the Notes then outstanding; PROVIDED, HOWEVER, that no such modification or waiver shall:

Appears in 1 contract

Samples: Securities Purchase Agreement (Alliance Data Systems Corp)

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Modification by Holders; Waiver. The Company Corporation may, with the written consent of the holders of not less than 66 2/390% in principal amount of the Notes then outstanding, modify the terms and provisions of the Notes or the rights of the holders of the Notes or the obligations of the Company Corporation thereunder, and the observance by the Company Corporation of any term or provision of the Notes may be waived with the written consent of the holders of not less than 66 2/390% in principal amount of the Notes then outstanding; PROVIDEDprovided, HOWEVERhowever, that no such modification or waiver shall:

Appears in 1 contract

Samples: Securities Purchase Agreement (Savvis Communications Corp)

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