Common use of Waiver of Declaration Clause in Contracts

Waiver of Declaration. At any time after a declaration of acceleration with respect to the Debentures has been made pursuant to Section 7.1 and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter provided, the holders of a majority in principal amount of outstanding Debentures, by written notice to the Corporation and the Trustee or by Ordinary Resolution of Debentureholders at a meeting held in accordance with Article 12 hereof, may thereupon rescind and annul such declaration and its consequences if the Corporation has paid or deposited with the Trustee a sum sufficient to pay:

Appears in 5 contracts

Samples: Trust Indenture (NexGen Energy Ltd.), NexGen Energy Ltd., NexGen Energy Ltd.

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Waiver of Declaration. At any time after a declaration of acceleration with respect to the Debentures has been made pursuant to Section 7.1 8.1 and before a judgment or decree for payment of the money due has been obtained by the Debenture Trustee as hereinafter provided, the holders of a majority in 66β…”% of the principal amount of outstanding Debentures, by written notice to the Corporation and the Debenture Trustee or by Ordinary Extraordinary Resolution of Debentureholders at a meeting held in accordance with Article 12 hereof, may thereupon rescind and annul such declaration and its consequences if the Corporation has paid or deposited with the Debenture Trustee a sum sufficient to pay:

Appears in 1 contract

Samples: Trust Indenture (Wi-Lan Inc.)

Waiver of Declaration. At any time after a declaration of acceleration with respect to the Debentures has been made pursuant to Section 7.1 8.1 and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter provided, the holders of a majority in 662/3% of the principal amount of outstanding Debentures, by written notice to the Corporation and the Trustee or by Ordinary Extraordinary Resolution of Debentureholders at a meeting held in accordance with Article 12 13 hereof, may thereupon rescind and annul such declaration and its consequences if the Corporation has paid or deposited with the Trustee a sum sufficient to pay:

Appears in 1 contract

Samples: Kirkland Lake Gold Ltd.

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Waiver of Declaration. At any time after a declaration of acceleration with respect to the Debentures has been made pursuant to Section 7.1 9.1 and before a judgment judgement or decree for payment of the money due has been obtained by the Trustee as hereinafter provided, the holders of a majority in 66β…”% of the principal amount of outstanding Debentures, by written notice to the Corporation REIT and the Trustee or by Ordinary Extraordinary Resolution of Debentureholders at a meeting held in accordance with Article 12 14 hereof, may thereupon rescind and annul such declaration and its consequences if the Corporation REIT has paid or deposited with the Trustee a sum sufficient to pay:

Appears in 1 contract

Samples: Trust Indenture

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