Common use of Waiver of Compliance by Holders Clause in Contracts

Waiver of Compliance by Holders. Anything in this Indenture to the contrary notwithstanding, any of the acts which the Company or the Guarantor is required to do, or is prohibited from doing, by any of the provisions of this Indenture may, to the extent that such provisions might be changed or eliminated by a supplemental indenture pursuant to Section 902 upon consent of Holders of not less than a majority in aggregate principal amount of the then Outstanding Securities of all series affected (voting as one class), be omitted or done by the Company or the Guarantor if there is obtained the prior consent or waiver of the Holders of at least a majority in aggregate principal amount of the then Outstanding Securities of all such series (voting as one class). ARTICLE TEN COVENANTS

Appears in 2 contracts

Samples: Indenture (Otis Worldwide Corp), Indenture (Highland Holdings S.a r.l.)

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Waiver of Compliance by Holders. Anything in this Indenture to the contrary notwithstanding, any of the acts which the Company or the Guarantor is required to do, or is prohibited from doing, by any of the provisions of this Indenture may, to the extent that such provisions might be changed or eliminated by a supplemental indenture pursuant to Section 902 upon consent of Holders holders of not less than a majority in aggregate principal amount of the then Outstanding Securities of all the series affected (voting as one class)affected, be omitted or done by the Company or the Guarantor Guarantor, as the case may be, if there is obtained the prior consent or waiver of the Holders holders of at least a majority in aggregate principal amount of the then Outstanding Securities of all such series (voting as one class). ARTICLE TEN COVENANTSseries.

Appears in 2 contracts

Samples: Indenture (ING U.S., Inc.), Indenture (Aetna Capital Trust Iv)

Waiver of Compliance by Holders. Anything in this Indenture to the contrary notwithstanding, any of the acts which the Company or the Guarantor is required to do, or is prohibited from doing, by any of the provisions of this Indenture may, to the extent that such provisions might be changed or eliminated by a supplemental indenture pursuant to Section 902 9.02 upon consent of Holders holders of not less than a majority in aggregate principal amount of the then Outstanding Securities of all series affected (voting as one class)affected, be omitted or done by the Company or the Guarantor Guarantor, as the case may be, if there is obtained the prior consent or waiver of the Holders holders of at least a majority in aggregate principal amount of the then Outstanding Securities of all such series (voting as one class). ARTICLE TEN COVENANTSSecurities.

Appears in 1 contract

Samples: Indenture (Aetna Inc)

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Waiver of Compliance by Holders. Anything in this Indenture to the contrary notwithstanding, any of the acts which the Company or the Guarantor is required to do, or is prohibited from doing, by any of the provisions of this Indenture may, to the extent that such provisions might be changed or eliminated by a supplemental indenture pursuant to Section 902 upon consent of Holders holders of not less than a majority in aggregate principal amount of the then Outstanding Securities of all the series affected (voting as one class)affected, be omitted or done by the Company or the Guarantor Guarantor, as the case may be, if there is obtained the prior consent or waiver of the Holders holders of at least a majority in aggregate principal amount of the then Outstanding Securities of all such series (voting as one class)series. ARTICLE TEN COVENANTSTEN

Appears in 1 contract

Samples: Indenture (Aetna Inc)

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