Acknowledgment of the Borrower. The Borrower acknowledges and agrees that the Lenders executing this Amendment have done so in their sole discretion and without any obligation. The Borrower further acknowledges and agrees that any action taken or not taken by the Lenders or the Administrative Agent prior to, on or after the date hereof shall not constitute a waiver or modification of any term, covenant or provision of any Loan Document other than with respect to the Existing Events of Default or prejudice any rights or remedies other than with respect to the Existing Events of Default which the Administrative Agent or any Lender now has or may have in the future under any Loan Document, Applicable Law or otherwise, all of which rights and remedies are expressly reserved by the Administrative Agent and the Lenders.
Appears in 6 contracts
Samples: Credit Agreement (Kevco Inc), Credit Agreement (Kevco Inc), Credit Facilities Agreement (Dt Industries Inc)
Acknowledgment of the Borrower. The Borrower acknowledges and agrees that the Lenders and the Administrative Agent executing this Amendment have done so in their sole discretion and without any obligation. The Borrower further acknowledges and agrees that any action taken or not taken by the Lenders or the Administrative Agent prior to, on or after the date hereof shall not constitute a waiver or modification of any termterms, covenant or provision of any Loan Document other than with respect to the Existing Events of Default as specified herein or prejudice any rights or remedies other than with respect to the Existing Events of Default as specified herein which the Administrative Agent or any Lender now has or may have in the future under any Loan Document, Applicable Law applicable law or otherwise, all of which rights and remedies are expressly reserved by the Administrative Agent and the Lenders. The Borrower hereby ratifies and confirms its obligations under the Loan Documents.
Appears in 4 contracts
Samples: Limited Forbearance Agreement (Doskocil Manufacturing Co Inc), Limited Forbearance Agreement (Doskocil Manufacturing Co Inc), Limited Forbearance Agreement (Doskocil Manufacturing Co Inc)
Acknowledgment of the Borrower. The Borrower acknowledges and agrees that the Lenders and the Administrative Agent executing this Amendment Agreement have done so in their sole discretion and without any obligation. The Borrower further acknowledges and agrees that any action taken or not taken by the Lenders or the Administrative Agent prior to, on or after the date hereof shall not constitute a waiver or modification of any termterms, covenant or provision of any Loan Document other than with respect to the Existing Events of Default as specified herein or prejudice any rights or remedies other than with respect to the Existing Events of Default as specified herein which the Administrative Agent or any Lender now has or may have in the future under any Loan Document, Applicable Law applicable law or otherwise, all of which rights and remedies are expressly reserved by the Administrative Agent and the Lenders. The Borrower hereby ratifies and confirms its obligations under the Loan Documents.
Appears in 4 contracts
Samples: Limited Forbearance Agreement, Limited Forbearance Agreement (Doskocil Manufacturing Co Inc), Limited Forbearance Agreement (Doskocil Manufacturing Co Inc)
Acknowledgment of the Borrower. The Borrower acknowledges and agrees that the Lenders executing this Amendment have done so in their sole discretion and without any obligation. The Borrower further acknowledges and agrees that any action taken or not taken by the Lenders or the Administrative Agent prior to, on or after the date hereof shall not constitute a waiver or modification of any term, covenant or provision of any Loan Document (other than with respect to the Existing Events of Default Default) or prejudice any rights or remedies other than with respect to the Existing Events of Default which the Administrative Agent or any Lender now has or may have in the future under any Loan Document, Applicable Law or otherwise, all of which rights and remedies are expressly reserved by the Administrative Agent and the Lenders.
Appears in 4 contracts
Samples: Credit Facilities Agreement (Dt Industries Inc), Credit Facilities Agreement (Dt Industries Inc), Credit Facilities Agreement (Dt Industries Inc)