Common use of Amendment, Supplement or Waiver Clause in Contracts

Amendment, Supplement or Waiver. No amendment, supplement or waiver of any provision of the Loan Documents, nor any consent to any departure by an Obligor therefrom, shall in any event be effective unless it is in writing, makes express reference to the provision affected thereby and is signed by the Agent for and on behalf of the Lenders or the Required Lenders, as the case may be, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. No waiver or act or omission of the Agent, the Lenders, or any of them, shall extend to or be taken in any manner whatsoever to affect any subsequent Event of Default or breach by an Obligor of any provision of the Loan Documents or the rights resulting therefrom.

Appears in 1 contract

Samples: Credit Agreement (CHC Helicopter Corp)

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Amendment, Supplement or Waiver. No amendment, supplement or waiver of any provision of the Loan Credit Documents, nor any consent to any departure by an Obligor the Borrower therefrom, shall in any event be effective unless it is in writing, makes express reference to the provision affected thereby and is signed by the Agent for and on behalf of the Lenders or the Required Majority Global Lenders, as the case may be, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. No waiver or act or omission of the Agent, the Lenders, or any of them, shall extend to or be taken in any manner whatsoever to affect any subsequent Event of Default or breach by an Obligor a Restricted Party of any provision of the Loan Credit Documents or the rights resulting therefrom.

Appears in 1 contract

Samples: Credit Agreement (Omega Cabinets LTD)

Amendment, Supplement or Waiver. No amendment, supplement or waiver of any provision of the Loan Credit Documents, nor any consent to any departure by an Obligor a Restricted Party therefrom, shall in any event be effective unless it is in writing, makes express reference to the provision affected thereby and is signed by the Agent for and on behalf of the Lenders or the Required Majority Lenders, as the case may be, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. No waiver or act or omission of the Agent, the Lenders, or any of them, shall extend to or be taken in any manner whatsoever to affect any subsequent Event of Default or breach by an Obligor a Restricted Party of any provision of the Loan Credit Documents or the rights resulting therefrom.

Appears in 1 contract

Samples: Credit Agreement (CHC Helicopter Corp)

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Amendment, Supplement or Waiver. No amendment, supplement or waiver of any provision of the Loan Credit Documents, nor any consent to any departure by an Obligor the Trust, the Borrower, Adminco or any Material Subsidiary therefrom, shall in any event be effective unless it is in writing, makes express reference to the provision affected thereby and is signed by the Agent for and on behalf of the Lenders or the Required Lenders, as the case may berequired under Section 11.10, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. No waiver or act or omission of the Agent, the Lenders, or any of them, shall extend to or be taken in any manner whatsoever to affect any subsequent Event of Default or breach by an Obligor the Trust, the Borrower, Adminco or such Material Subsidiary of any provision of the Loan Credit Documents or the rights resulting therefrom.

Appears in 1 contract

Samples: Credit Agreement

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