Common use of Waiver of Covenants Clause in Contracts

Waiver of Covenants. The Company may omit in any particular instance to comply with any covenant or condition specifically contained in this Indenture for the benefit of one or more series of Securities, if before the time for such compliance the holders of a majority in principal amount of the Securities of all series affected (all series voting as one class) at the time outstanding (determined as provided in Section 8.04) shall waive such compliance in such instance, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in respect of any such covenant or condition shall remain in full force and effect.

Appears in 8 contracts

Samples: Indenture (Aon PLC), Indenture, Indenture (Aon Corp)

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Waiver of Covenants. The Company may omit in any particular instance to comply with any covenant or condition specifically contained in this Indenture for the benefit of one or more series of Securities, if before the time for such compliance the holders of a majority in principal amount of the Securities of all series affected (all series voting as one class) at the time outstanding (determined as provided in Section 8.048.4) shall waive such compliance in such instance, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in respect of any such covenant or condition shall remain in full force and effect.

Appears in 6 contracts

Samples: Junior Subordinated Indenture (Dominion Resources Inc /Va/), Junior Subordinated Indenture (Laclede Gas Co), Indenture (Markel Corp)

Waiver of Covenants. The Company may omit in any particular ------------------- instance to comply with any covenant or condition specifically contained in this Indenture for the benefit of one or more series of Securities, if before the time for such compliance the holders of a majority in principal amount of the Securities of all series affected (all series voting as one class) at the time outstanding (determined as provided in Section SECTION 8.04) shall waive such compliance in such instance, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in respect of any such covenant or condition shall remain in full force and effect.

Appears in 2 contracts

Samples: Indenture (DPL Inc), Indenture (DPL Inc)

Waiver of Covenants. The Company may omit in any particular instance to comply with any covenant or condition specifically contained in this the Indenture for the benefit of one or more series of Securitiesthe Series A Notes, if before the time for such compliance the holders Holders of a majority in principal amount of the Securities of all series affected (all series voting as one class) Series A Notes at the time outstanding (determined as provided in Section 8.048.4 of the Base Indenture) shall waive such compliance in such instance, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Series Trustee in respect of any such covenant or condition shall remain in full force and effect.

Appears in 2 contracts

Samples: Supplemental Indenture (Dominion Resources Inc /Va/), Fourth Supplemental Indenture (Dominion Resources Inc /Va/)

Waiver of Covenants. The Company may omit in any particular instance to comply with any covenant or condition specifically contained in this the Indenture for the benefit of one or more series of Securitiesthe Series A-2 Notes, if before the time for such compliance the holders Holders of a majority in principal amount of the Securities of all series affected (all series voting as one class) Series A-2 Notes at the time outstanding (determined as provided in Section 8.048.4 of the Base Indenture) shall waive such compliance in such instance, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Series Trustee in respect of any such covenant or condition shall remain in full force and effect.

Appears in 1 contract

Samples: Supplemental Indenture (Dominion Resources Inc /Va/)

Waiver of Covenants. The Company may omit in any particular instance to comply with any covenant or condition specifically contained in this the Indenture for the benefit of one or more series of Securitiesthe Series A Notes, if before the time for such compliance the holders Holders of a majority in principal amount of the Securities of all series affected (all series voting as one class) Series A Notes at the time outstanding (determined as provided in Section 8.048.4 of the Base Indenture) shall waive such compliance in such instance, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in respect of any such covenant or condition shall remain in full force and effect.

Appears in 1 contract

Samples: First Supplemental Indenture (Laclede Group Inc)

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Waiver of Covenants. The Company may omit in any particular instance to comply with any covenant or condition specifically contained in this the Indenture for the benefit of one or more series of Securitiesthe Series A-1 Notes, if before the time for such compliance the holders Holders of a majority in principal amount of the Securities of all series affected (all series voting as one class) Series A-1 Notes at the time outstanding (determined as provided in Section 8.048.4 of the Base Indenture) shall waive such compliance in such instance, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Series Trustee in respect of any such covenant or condition shall remain in full force and effect.

Appears in 1 contract

Samples: Supplemental Indenture (Dominion Resources Inc /Va/)

Waiver of Covenants. The Company Corporation may omit in any particular instance to comply with any covenant or condition specifically contained in this Indenture for the benefit of one or more series of Securities, if before the time for such compliance the holders of a majority in more than 50% principal amount of the Securities of all series affected (all series voting as one class) at the time outstanding (determined as provided in Section 8.048.4) shall waive such compliance in such instance, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company Corporation and the duties of the Trustee in respect of any such covenant or condition shall remain in full force and effect.

Appears in 1 contract

Samples: Senior Indenture (Algonquin Power & Utilities Corp.)

Waiver of Covenants. The Company may omit in any particular instance to comply with any covenant or condition specifically contained in this the Indenture for the benefit of one or more series of Securitiesthe Series B Notes, if before the time for such compliance the holders Holders of a majority in principal amount of the Securities of all series affected (all series voting as one class) Series B Notes at the time outstanding (determined as provided in Section 8.048.4 of the Base Indenture) shall waive such compliance in such instance, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Series Trustee in respect of any such covenant or condition shall remain in full force and effect.

Appears in 1 contract

Samples: Fifth Supplemental Indenture (Dominion Resources Inc /Va/)

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