Common use of Waiver of Past Default Clause in Contracts

Waiver of Past Default. The Holder or Holders of not less than a majority in aggregate principal amount of then outstanding Securities may, on behalf of all Holders, prior to the declaration of acceleration of the maturity of the Securities, waive any past default hereunder and its consequences, except a default

Appears in 4 contracts

Samples: Indenture (Occusystems Inc), Sunrise Assisted Living Inc, Antec Corp

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Waiver of Past Default. The Holder or Holders of not less than a majority in aggregate principal amount of then outstanding Securities may, on behalf of all Holders, prior to the declaration of acceleration of the maturity of the Securities, waive any past default hereunder and its consequences, except a default

Appears in 3 contracts

Samples: Data Processing Resources Corp, Halter Marine Group Inc, Oak Industries Inc

Waiver of Past Default. The Holder or Holders of not less than a majority in aggregate principal amount of then outstanding Securities may, on behalf of all Holders, prior to the declaration of acceleration of the maturity of the Securities, waive any past default Default hereunder and its consequences, except a defaultDefault

Appears in 2 contracts

Samples: Execution Copy (Getty Images Inc), Concentra Managed Care Inc

Waiver of Past Default. The Holder or Holders of not less than a ---------------------- majority in aggregate principal amount of then outstanding the Outstanding Securities may, may on behalf of the Holders of all Holders, prior to the declaration of acceleration of the maturity of the Securities, Securities waive any past default hereunder and its consequences, except a default

Appears in 1 contract

Samples: Nationwide Financial Services Inc/

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Waiver of Past Default. The Holder or Holders of not less than a majority in aggregate principal amount of then outstanding Securities may, on behalf of all Holders, prior to the declaration of acceleration of the maturity of the Securities, waive any past default hereunder and its consequences, except a default:

Appears in 1 contract

Samples: Indenture (Smartalk Teleservices Inc)

Waiver of Past Default. The Holder or Holders of not less than at least a majority in aggregate principal amount of then the outstanding Securities may, on behalf of all Holders, prior to the declaration of acceleration of the maturity of the Securities, waive any past default hereunder and its consequences, except a default

Appears in 1 contract

Samples: Indenture (Us Foodservice/Md/)

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