Common use of Restoration of Rights Clause in Contracts

Restoration of Rights. If the Trustee has proceeded to enforce any right under this Indenture and such proceedings are discontinued or abandoned because of any waiver under this Indenture or any rescission and annulment under this Indenture or are determined adversely to the Trustee, then the Company, the Holders and the Trustee will, subject to any determination in such proceeding, be restored to their respective several positions and rights under this Indenture, and all rights, remedies and powers of the Company, the Holders and the Trustee will continue as though no such proceeding had been instituted.

Restoration of Rights. If the Trustee or any Holder of a Security has proceeded instituted any proceeding to enforce any right or remedy under this Indenture and such proceedings are proceeding has been discontinued or abandoned because of for any waiver under this Indenture reason, or any rescission and annulment under this Indenture or are has been determined adversely to the TrusteeTrustee or to such Holder, then and in every such case the Company, the Holders Trustee and the Trustee willHolders of Securities shall, subject to any determination in such proceeding, be restored severally and respectively to their respective several former positions hereunder and thereafter all rights under this Indenture, and all rights, remedies and powers of the Company, Trustee and the Holders and the Trustee will shall continue as though no such proceeding had been instituted.