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

Revocation and Effect of Consents, Waivers and Actions. Until an‌ amendment or waiver with respect to a series of Securities becomes effective, a consent to it or any other action by a Holder of a Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of that Security that evidences the same obligation as the consenting Holder’s Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder’s Security or portion of the Security if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate Principal Amount of the Securities of that series has been obtained. After an amendment, waiver or action becomes effective, it shall bind every Holder of Securities of that series. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiver with respect to a series of Securities. If a record date is fixed, then notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders of Securities of that series at such record date (or their duly designated proxies), and only those Persons, shall be entitled to revoke any consent previously given, whether or not such Persons continue to be 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: ysdocs.s3.amazonaws.com

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Revocation and Effect of Consents, Waivers and Actions. Until an‌ amendment an amendment, waiver or waiver with respect to a series of Securities other action by Holders becomes effective, a consent to it consent, waiver or any other action by a Holder of a Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of that the Security that evidences the same obligation as the consenting Holder’s 's Security, even if notation of the consent, waiver or action is not made on the such Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder’s 's Security or portion of the Security if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate Principal Amount principal amount of the such Securities of that series then Outstanding has been obtainedobtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of the Securities of that the related series, except as provided in Section 902. The Company may, but shall not be obligated to, fix a record date Record Date for the purpose of determining the Holders Persons entitled to consent to any amendment or waiver with respect to a series of Securitieswaiver. If a record date Record Date is fixed, then then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were only Holders of Securities of that series at on such record date (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 Holders such after such record dateRecord Date. No such consent shall be valid or effective for more than 90 days after such record dateRecord Date.

Appears in 1 contract

Samples: Incorporated (Hercules Inc)

Revocation and Effect of Consents, Waivers and Actions. Until an‌ amendment an amendment, waiver or waiver with respect to a series of Securities other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of that the Security that evidences the same obligation as the consenting Holder’s 's Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder’s 's Security or portion of the Security if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate Principal Amount principal amount of the Securities of that series then outstanding has been obtainedobtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of Securities of that seriesSecurityholder, except as provided in Section 10.2 hereof. The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiver with respect to a series of Securitieswaiver. If a record date is fixed, then then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders of Securities of that series 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 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 (Dairy Mart Convenience Stores Inc)

Revocation and Effect of Consents, Waivers and Actions. Until an‌ amendment an amendment, waiver or waiver with respect to a series of Securities other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security of that series Note hereunder is a continuing consent by the Holder and every subsequent Holder of that Security Note or portion of that Security the Note that evidences the same obligation as the consenting Holder’s Security's Note, even if notation of the consent, waiver or action is not made on the SecurityNote. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder’s Security 's Note or portion of the Security Note if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate Principal Amount principal amount of the Securities of that series Notes then outstanding has been obtainedobtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of Securities of that seriesHolder, except as provided in Section 9.02. The Company Xxxx XX may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiver with respect to a series of Securitieswaiver. If a record date is fixed, then then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders of Securities of that series 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 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: Mark Iv Industries Inc

Revocation and Effect of Consents, Waivers and Actions. Until an‌ amendment an amendment, waiver or waiver with respect to a series of Securities other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of that the Security that evidences the same obligation as the consenting Holder’s 's Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder’s 's Security or portion of the Security if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate Principal Amount principal amount of the Securities of that series then outstanding has been obtainedobtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of Securities of that seriesHolder, except as provided in Section 8.02. The Company NAI may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiver with respect to a series of Securitieswaiver. If a record date is fixed, then then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons persons who were Holders of Securities of that series at such record date (or their duly designated proxies), and only those Personspersons, 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 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: News Corp

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Revocation and Effect of Consents, Waivers and Actions. Until an‌ amendment an amendment, waiver or waiver with respect to a series of Securities other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of that the Security that evidences the same obligation as the consenting Holder’s Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder’s Security or portion of the Security if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate Principal Amount principal amount of the Securities of that series then outstanding has been obtainedobtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of Securities of that seriesHolder, except as provided in Section 8.02. The Company NAI may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any amendment or waiver with respect to a series of Securitieswaiver. If a record date is fixed, then then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons persons who were Holders of Securities of that series at such record date (or their duly designated proxies), and only those Personspersons, 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 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: News Corp

Revocation and Effect of Consents, Waivers and Actions. Until an‌ amendment an amendment, waiver or waiver with respect to a series of Securities other action by Holders becomes effective, a consent to it or any other action by a Holder of a Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of that the Security that evidences the same obligation as the consenting Holder’s 's Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder’s 's Security or portion of the Security if the Trustee receives the notice of revocation before the Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate Principal Amount principal amount of the Securities of that series then outstanding has been obtainedobtained and not revoked. After an amendment, waiver or action becomes effective, it shall bind every Holder of Securities of that seriesHolder, except as provided in Section 9.02. The Company Mark IV may, but shall not be obligated to, fix a record date for the purpose xxxxxxx of determining the Holders entitled to consent to any amendment or waiver with respect to a series of Securitieswaiver. If a record date is fixed, then then, notwithstanding the first two sentences of the immediately preceding paragraph, those Persons who were Holders of Securities of that series 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 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: Mark Iv Industries Inc

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