Common use of Revocation and Effect of Consents and Waivers Clause in Contracts

Revocation and Effect of Consents and Waivers. A consent to an amendment or a waiver by a Holder of a Security shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same debt as the consenting Holder's Security, even if notation of the consent or waiver is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Securityholder. An amendment or waiver shall become effective upon receipt by the Trustee of the requisite number of written consents under SECTION 9.1 or 9.2

Appears in 3 contracts

Samples: Indenture (Bertuccis of White Marsh Inc), Indenture (Georgia Gulf Corp /De/), Indenture (Ne Restaurant Co Inc)

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Revocation and Effect of Consents and Waivers. A consent to an amendment or a waiver by a Holder of a Security shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same debt as the consenting Holder's ’s Security, even if notation of the consent or waiver is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder's ’s Security or portion of the Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Securityholder. An amendment or waiver shall become effective upon receipt by the Trustee of the requisite number of written consents under SECTION 9.1 or 9.2every

Appears in 3 contracts

Samples: Indenture (Murphy USA Inc.), Indenture (Amc Entertainment Holdings, Inc.), Indenture (Rite Aid Corp)

Revocation and Effect of Consents and Waivers. A consent to an amendment or a waiver by a Holder of a Security shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same debt as the consenting Holder's Security, even if notation of the consent or waiver is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Securityholder. An amendment or waiver shall become effective upon receipt by the Trustee of the requisite number of written consents under SECTION Section 9.1 or 9.2

Appears in 2 contracts

Samples: Indenture (Hanover Compressor Co /), Indenture (Hanover Compressor Co /)

Revocation and Effect of Consents and Waivers. A consent to an amendment or a waiver by a Holder of a Security shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same debt as the consenting Holder's Security, even if notation of the consent or waiver is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Securityholder. An amendment or waiver shall become effective upon receipt by the Trustee of the requisite number of written consents under SECTION 9.1 or 9.2Section 9.

Appears in 2 contracts

Samples: Indenture (Nebraska Book Co), Indenture (NBC Acquisition Corp)

Revocation and Effect of Consents and Waivers. A consent to an amendment or a waiver by a Holder of a Security shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same debt as the consenting Holder's Security, even if notation of the consent or waiver is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Securityholder. An amendment or waiver shall become becomes effective upon receipt by the Trustee of once both (i) the requisite number of written consents under SECTION 9.1 have been received by the Company or 9.2the Trustee and (ii) such amendment or waiver has been executed by the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Evenflo Co Inc)

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Revocation and Effect of Consents and Waivers. A consent to an amendment or a waiver by a Holder Securityholder of a Security shall bind the Holder Securityholder and every subsequent Holder Securityholder of that Security or portion of the Security that evidences the same debt as the consenting Holder's Securityholder’s Security, even if notation of the consent or waiver is not made on the Security. However, any such Holder Securityholder or subsequent Holder Securityholder may revoke the consent or waiver as to such Holder's Securityholder’s Security or portion of the Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Securityholder. An amendment or waiver shall become effective upon receipt by the Trustee of the requisite number of written consents under SECTION Section 9.1 or Section 9.2

Appears in 1 contract

Samples: Indenture (Star Gas Partners Lp)

Revocation and Effect of Consents and Waivers. A consent to an amendment or a waiver by a Holder of a Security shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same debt as the consenting Holder's Security, even if notation of the consent or waiver is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective. After an amendment or waiver becomes effective, it shall bind every Securityholder. An amendment or waiver shall become becomes effective upon receipt the execution of such amendment or waiver by the Trustee of the requisite number of written consents under SECTION 9.1 or 9.2Trustee.

Appears in 1 contract

Samples: Indenture (LTV Corp)

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