Common use of Agreement to Forebear Clause in Contracts

Agreement to Forebear. Provided that no Termination Event has occurred, Lender agrees that during the Forbearance Period it will not, solely by reason of the existence on this date of the Events of Default referenced in Section 2 of this Amendment No. 3, exercise any default remedy available to Lender under the Loan Agreements to enforce collection from DCI of any of the Indebtedness or to foreclose its security interest in any of the Collateral during the Forbearance Period except with regards to the Collateral owned by DDI. Neither this Amendment No. 3 nor Lender's forbearance hereunder shall be deemed to be a waiver of or a consent to the Events of Default referenced in Section 2 of this Amendment No. 3.

Appears in 1 contract

Samples: Forbearance Agreement (Delta Computec Inc)

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Agreement to Forebear. Provided that no Termination Event has occurred, Lender agrees that during the Forbearance Period it will not, solely by reason of the existence on this date of the Events of Default referenced in Section 2 of this Amendment No. 34, exercise any default remedy available to Lender under the Loan Agreements to enforce collection from DCI of any of the Indebtedness or to foreclose its security interest in any of the Collateral during the Forbearance Period except with regards to the Collateral owned by DDI. Neither this Amendment No. 3 4 nor Lender's forbearance hereunder shall be deemed to be a waiver of or a consent to the Events of Default referenced in Section 2 of this Amendment No. 34.

Appears in 1 contract

Samples: Forbearance Agreement (Delta Computec Inc)

Agreement to Forebear. Provided that no Termination Event has occurred, Lender agrees that during the Forbearance Period it will not, solely by reason of the existence on this date of the Events of Default referenced in Section 2 of this Amendment No. 32, exercise any default remedy available to Lender under the Loan Agreements to enforce collection from DCI of any of the Indebtedness or to foreclose its security interest in any of the Collateral during the Forbearance Period except with regards to the Collateral owned by DDI. Neither this Amendment No. 3 2 nor Lender's forbearance hereunder shall be deemed to be a waiver of or a consent to the Events of Default referenced in Section 2 of this Amendment No. 32.

Appears in 1 contract

Samples: Forbearance Agreement (Delta Computec Inc)

Agreement to Forebear. Provided that no Termination Event has occurred, Lender agrees that during the Forbearance Period it will not, solely by reason of the existence on this date of the Events of Default referenced in Section 2 of this Amendment No. 35, exercise any default remedy available to Lender under the Loan Agreements to enforce collection from DCI of any of the Indebtedness or to foreclose its security interest in any of the Collateral during the Forbearance Period except with regards to the Collateral owned by DDI. Neither this Amendment No. 3 5 nor Lender's forbearance hereunder shall be deemed to be a waiver of or a consent to the Events of Default referenced in Section 2 of this Amendment No. 35.

Appears in 1 contract

Samples: Forbearance Agreement (Delta Computec Inc)

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Agreement to Forebear. Provided that no Termination Event has occurred, Lender agrees that during the Forbearance Period it will not, solely by reason of the existence on this date of the Events of Default referenced in Section 2 of this Amendment No. 31, exercise any default remedy available to Lender under the Loan Agreements to enforce collection from DCI of any of the Indebtedness or to foreclose its security interest in any of the Collateral during the Forbearance Period except with regards to the Collateral owned by DDI. Neither this Amendment No. 3 No.1 nor Lender's forbearance hereunder shall be deemed to be a waiver of or a consent to the Events of Default referenced in Section 2 of this Amendment No. 3.

Appears in 1 contract

Samples: Forbearance Agreement (Delta Computec Inc)

Agreement to Forebear. Provided that no Termination Event has occurred, Lender agrees that during the Forbearance Period it will not, solely by reason of the existence on this date of the Events of Default referenced in Section 2 of this Amendment No. 36, exercise any default remedy available to Lender under the Loan Agreements to enforce collection from DCI of any of the Indebtedness or to foreclose its security interest in any of the Collateral during the Forbearance Period except with regards to the Collateral owned by DDI. Neither this Amendment No. 3 6 nor Lender's forbearance hereunder shall be deemed to be a waiver of or a consent to the Events of Default referenced in Section 2 of this Amendment No. 36.

Appears in 1 contract

Samples: Forbearance Agreement (Delta Computec Inc)

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