Common use of Waiver of Defaults and Events of Default Clause in Contracts

Waiver of Defaults and Events of Default. Subject to Section 9.02, the Holders of a majority in principal amount of the Securities then outstanding, on behalf of the Holders of all of the Securities, by written notice to the Trustee may waive a Default or Event of Default and its consequences. When a Default or Event of Default is waived, it is considered to be cured and ceases to exist.

Waiver of Defaults and Events of Default. Subject to Section 9.02, the Holders of a majority in principal amount of the Securities of any series then outstanding, on behalf of the Holders of all the Securities of the Securitiessuch series, by written notice to the Trustee may waive a Default or Event of Default with respect to the Securities of such series and its consequences. When a Default or Event of Default is waivedwaived with respect to the Securities of any series, it is considered to be cured and ceases to existceases.

Waiver of Defaults and Events of Default. Subject to Section 9.02, the Holders of a majority in principal amount of the Securities then outstandingOutstanding, on behalf of the Holders of all of the Securities, by written notice to the Trustee may waive a Default or Event of Default with respect to the Securities and its consequences. When a Default or Event of Default is waivedwaived with respect to the Securities, it is considered to be cured and ceases ceases; but no such waiver shall extend to existany subsequent or other Default or impair any right consequent thereon.

Waiver of Defaults and Events of Default. Subject to Section 9.029.2, the Holders of a majority in principal amount of the Securities then outstanding, on behalf of the Holders of all of the Securities, by written notice to the Trustee may waive a Default or Event of Default and its consequences. When a Default or Event of Default is waived, it is considered to be cured and ceases to exist.