Common use of Waiver of Past Events Clause in Contracts

Waiver of Past Events. Subject to Section 12.2 hereof, the Required Term Noteholders or the Required Subordinated Noteholders, as the case may be, by written notice to the Collateral Agent, and the Indenture Trustee, may waive any existing Potential Event of Default or Event of Default other than any Potential Event of Default or Event of Default related to clause (e) of Schedule I which relate to such Series and its consequences and except a continuing Potential Event of Default or Event of Default in the payment of the principal of or interest on any Term Note or Subordinated Note. Upon any such waiver, such Potential Event of Default shall cease to exist with respect to such Series, and any Event of Default with respect to such Series arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Potential Event of Default or impair any right consequent thereon. 50 Base Indenture

Waiver of Past Events. Subject to Section 12.2 hereof, the Required Term Noteholders or the Required Subordinated Noteholders, as the case may be, by written notice to the Collateral Agent, Agent and the Indenture Trustee, may waive waive, if consented to by each Swap Counterparty, any existing Potential Event of Default or Event of Default other than any Potential Event of Default or Event of Default related to clause (ef) or (m) of Schedule I Section 9.1 which relate to such Series and its consequences and except for a continuing Potential Event of Default or Event of Default in the payment of the principal of or interest on any Term Note or Subordinated Note. Upon any such waiver, such Potential Event of Default shall cease to exist with respect to such Series, and any Event of Default with respect to such Series arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Potential Event of Default or impair any right consequent thereon. 50 Base Indenture.

Waiver of Past Events. Subject to Section 12.2 hereof, the Required Term Noteholders Requisite Investors (or the Required Subordinated Noteholders, as the case may beNoteholders of a Segregated Series of Notes if only a Segregated Series of Notes has been affected), by written notice to the Collateral Agent, and the Indenture Trustee, may waive any existing Potential Event of Default or Event of Default other than Default, except that (a) any Potential Event of Default or Event of Default related arising out of an Event of Bankruptcy with respect to clause the Issuer or (eb) of Schedule I which relate to such Series and its consequences and except a continuing any Potential Event of Default or Event of Default in the payment of the principal of or interest on any Term Note or Subordinated Noteof such Series may only be waived by the Noteholders holding 100% of the Note Principal Amount of each Series of Notes. Upon any such waiverwaiver pursuant to this Section 9.4, such Potential Event of Default or Event of Default shall cease to exist with respect to such all (but not less than all) Series, and any Potential Event of Default or Event of Default with respect to such all (but not less than all) Series arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Potential Event of Default or Event of Default or impair any right consequent thereon. 50 Base Indenture.

Waiver of Past Events. Subject to Section 12.2 hereof, the Required Term Noteholders or the Required Subordinated Noteholders, as the case may be, by written notice to the Collateral Agent, and the Indenture Trustee, may waive any existing Potential Event of Default or Event of Default other than any Potential Event of Default or Event of Default related to clause (ef), (g), (h), or (w) of Schedule I Section 9.1 (with respect to clause (w), only to the extent not subject to waiver as provided in the applicable Supplement) which relate to such Series and its consequences and except a continuing Potential Event of Default or Event of Default in the payment of the principal of or interest on any Term Note or Subordinated Note. Upon any such waiver, such Potential Event of Default shall cease to exist with respect to such Series, and any Event of Default with respect to such Series arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Potential Event of Default or impair any right consequent thereon. 50 Base Indenture.