Common use of Rescission and Annulment Clause in Contracts

Rescission and Annulment. Holders of a majority in principal amount of the Outstanding Notes, by written notice to the Company and to the Trustee, may rescind any acceleration under Section 5.03 with respect to the Notes and its consequences if:

Appears in 2 contracts

Samples: Indenture (Radian Group Inc), First Supplemental Indenture (Wabash National Corp /De)

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Rescission and Annulment. Holders of a majority in principal amount of the Outstanding Notes, by written notice to the Company and to the Trustee, may rescind any acceleration under Section 5.03 (other than an acceleration in respect of an Event of Default set forth in Section 5.02(a), 5.02(b) or 5.02(c)) with respect to the Notes and its consequences consequence if:

Appears in 2 contracts

Samples: First Supplemental Indenture (GT Advanced Technologies Inc.), GT Advanced Technologies Inc.

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