Common use of Amendments to Financial Covenant and Waivers of Events of Default Under Section 6 Clause in Contracts

Amendments to Financial Covenant and Waivers of Events of Default Under Section 6. 08. Notwithstanding anything set forth herein to the contrary, no amendment to Section 6.08, Section 8.01(d) (solely as it relates to an Event of Default under Section 6.08), Section 8.03 or the defined terms used in any thereof (but not as used in other Sections), no consent to departure therefrom, and no waiver with respect to a Default or Event of Default under Section 6.08, shall be effective without the prior written consent of the Borrower and the Required Revolving Lenders, it being understood that the consent of no other Lender (including the Required Lenders) shall be required. Any condition precedent to any Borrowing of Revolving Loans may be waived by only the Required Revolving Lenders (and, in the case of (x) the issuance of a Letter of Credit, the Issuing Bank and (y) any Borrowing of Swing Line Loans, the Swing Line Lender) and, for the avoidance of doubt, waivers by no other Lender shall be required.

Appears in 4 contracts

Samples: Credit Agreement (Cvent Holding Corp.), Credit Agreement (Dragoneer Growth Opportunities Corp. II), Credit Agreement (Ping Identity Holding Corp.)

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Amendments to Financial Covenant and Waivers of Events of Default Under Section 6. 08. Notwithstanding anything set forth herein to the contrary, no amendment to Section 6.08, Section 8.01(d) (solely as it relates to an Event of Default under Section 6.08), Section 8.03 or the defined terms used in any thereof (but not as used in other Sections), no consent to departure therefrom, and no waiver with respect to a Default or Event of Default under Section 6.08, shall be effective without the prior written consent of the Borrower and the Required Revolving Lenders, it being understood that the consent of no other Lender (including the Required Lenders) shall be required. Any condition precedent to any Borrowing of Revolving Loans may be waived by only the Required Revolving Lenders (and, in the case of (x) the issuance of a Letter of Credit, the applicable Issuing Bank and (y) any Borrowing of Swing Line Loans, the Swing Line LenderBank) and, for the avoidance of doubt, waivers by no other Lender shall be required.

Appears in 1 contract

Samples: Credit Agreement (Datto Holding Corp.)

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Amendments to Financial Covenant and Waivers of Events of Default Under Section 6. 08. Notwithstanding anything set forth herein to the contrary, no amendment to Section 6.08, Section 8.01(d) (solely as it relates to an Event of Default under Section 6.08), Section 8.03 or the defined terms used in any thereof (but not as used in other Sections), no consent to departure therefrom, and no waiver with respect to a Default or Event of Default under Section 6.08, shall be effective without the prior written consent of the Borrower and the Required Revolving Lenders, it being understood that the consent of no other Lender (including the Required Lenders) or Agent shall be required. Any condition precedent to any Borrowing of Revolving Loans may be waived by only the Required Revolving Lenders (and, in the case of (x) the issuance of a Letter of Credit, the applicable Issuing Bank and (y) any Borrowing of Swing Line Loans, the Swing Line LenderBank) and, for the avoidance of doubt, waivers by no other Lender or Agent shall be required.

Appears in 1 contract

Samples: Credit Agreement (Ping Identity Holding Corp.)

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