Revocation and Effect of Consent. Until an amendment or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security that evidences the same debt as the Security of the consenting Holder, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to its Security. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective with respect to any Securities affected thereby on receipt by the Trustee of written consents from the requisite Holders of outstanding Securities affected thereby. The Company may, but shall not be obligated to, fix a record date (which may be not less than 10 nor more than 60 days prior to the solicitation of consents) for the purpose of determining the Holders of the Securities affected entitled to consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the immediately preceding paragraph, those Persons who were such Holders at such record date (or their duly designated proxies) and only those Persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be such Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.
Appears in 9 contracts
Samples: Indenture (Credit Suisse Group Funding (Guernsey) LTD), Indenture (Credit Suisse Group Funding (Guernsey) LTD), Indenture (Credit Suisse Group Funding (Guernsey) LTD)
Revocation and Effect of Consent. Until an amendment or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security Note or portion of a Note that evidences the same debt as the Security Note of the consenting Holder, even if notation of the consent is not made on any SecurityNote. However, any such Holder or subsequent Holder may revoke the consent as to its SecurityNote or portion of its Note. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective with respect to any Securities affected thereby on receipt by the Trustee of written consents from the requisite Holders of the requisite percentage in aggregate principal amount of the outstanding Securities affected therebyNotes and any other conditions thereto specified in the notice relating thereto. The Company Issuer may, but shall not be obligated to, fix a record date (which may be not less than 10 nor more than 60 days prior to the solicitation of consents) for the purpose of determining the Holders of the Securities affected entitled to consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the last two sentences of the immediately preceding paragraph, those Persons persons who were such Holders at such record date (or their duly designated proxies) and only those Persons persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons persons continue to be such Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.
Appears in 3 contracts
Samples: Indenture (Manitowoc Co Inc), Indenture (Manitowoc Co Inc), Indenture (Manitowoc Foodservice, Inc.)
Revocation and Effect of Consent. Until an amendment -------------------------------- or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security Note or portion of a Note that evidences the same debt as the Security Note of the consenting Holder, even if notation of the consent is not made on any SecurityNote. However, any such Holder or subsequent Holder may revoke the consent as to its SecurityNote or portion of its Note. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective with respect to any Securities affected thereby on receipt by the Trustee of written consents from the requisite Holders of the requisite percentage in principal amount of the outstanding Securities affected therebyNotes and any other conditions thereto specified in the notice relating thereto. The Company may, but shall not be obligated to, fix a record date (which may be not less than 10 nor more than 60 days prior to the solicitation of consents) for the purpose of determining the Holders of the Securities affected entitled to consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the last two sentences of the immediately preceding paragraph, those Persons persons who were such Holders at such record date (or their duly designated proxies) and only those Persons persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons persons continue to be such Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.
Appears in 1 contract
Samples: Indenture (Manitowoc Co Inc)
Revocation and Effect of Consent. Until an -------------------------------- amendment or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Security Note or portion of a Note that evidences the same debt as the Security Note of the consenting Holder, even if notation of the consent is not made on any SecurityNote. However, any such Holder or subsequent Holder may revoke the consent as to its SecurityNote or portion of its Note. Such revocation shall be effective only if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective with respect to any Securities affected thereby on receipt by the Trustee of written consents from the requisite Holders of the requisite percentage in principal amount of the outstanding Securities affected therebyNotes and any other conditions thereto specified in the notice relating thereto. The Company may, but shall not be obligated to, fix a record date (which may be not less than 10 nor more than 60 days prior to the solicitation of consents) for the purpose of determining the Holders of the Securities affected entitled to consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the last two sentences of the immediately preceding paragraph, those Persons persons who were such Holders at such record date (or their duly designated proxies) and only those Persons persons shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons persons continue to be such Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date.
Appears in 1 contract
Samples: Indenture (Sola International Inc)