Common use of Annulment of Defaults Clause in Contracts

Annulment of Defaults. An Event of Default shall not be deemed to be in existence for any purpose of this Agreement if you shall have waived such event in writing or stated in writing that the same has been cured to your reasonable satisfaction, but no such waiver shall extend to or affect any subsequent Event of Default or impair any of your rights upon the occurrence thereof.

Appears in 7 contracts

Samples: Credit Agreement (Enstar Income Growth Program Six B L P), Credit Agreement (Enstar Income Growth Program Five-B Lp), Credit Agreement (Enstar Income Program Iv-2 Lp)

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Annulment of Defaults. An Event of Default shall not be deemed to be in existence for any purpose of this Agreement or any Loan Document if you Agent shall have waived such event Event of Default in writing or stated in writing that the same has been cured to your its reasonable satisfaction, but no such waiver shall extend to or affect any subsequent Event of Default or impair any of your the rights of Lenders upon the occurrence thereof.

Appears in 7 contracts

Samples: Loan Agreement, Loan Agreement (Empire State Realty Trust, Inc.), Loan Agreement (Empire State Realty Trust, Inc.)

Annulment of Defaults. An Event of Default shall not be deemed to have occurred or to be in existence for any purpose of this Agreement Note if you the holder shall have waived such event Event of Default in writing or stated in writing that the same has been cured to your reasonable such holder' s satisfaction, but no such waiver shall extend to or affect any subsequent Event of Default or impair any of your the rights of the holder upon the occurrence thereof.. 3.3

Appears in 6 contracts

Samples: Stockholders' Agreement (Universal Hospital Services Inc), Stockholders' Agreement (Universal Hospital Services Inc), Stockholders' Agreement (Universal Hospital Services Inc)

Annulment of Defaults. An Event of Default shall not be deemed to be in existence for any purpose of this Agreement or any Loan Document if you Lender shall have waived such event Event of Default in writing or stated in writing that the same has been cured to your its reasonable satisfaction, but no such waiver shall extend to or affect any subsequent Event of Default or impair any of your the rights of Lender upon the occurrence thereof.

Appears in 4 contracts

Samples: Second Mezzanine Loan Agreement, Second Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Building Loan Agreement (Essex Hospitality Associates Iv Lp)

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Annulment of Defaults. An Event of Default shall not be deemed to have occurred or to be in existence for any purpose of this Agreement Note if you the holder shall have waived such event Event of Default in writing or stated in writing that the same has been cured to your reasonable such holder' s satisfaction, but no such waiver shall extend to or affect any subsequent Event of Default or impair any of your the rights of the holder upon the occurrence thereof.

Appears in 1 contract

Samples: Stockholders' Agreement (Jw Childs Equity Partners L P)

Annulment of Defaults. An Event of Default shall not be deemed --------------------- to have occurred or to be in existence for any purpose of this Agreement Note if you the holder shall have waived such event Event of Default in writing or stated in writing that the same has been cured to your reasonable such holder' s satisfaction, but no such waiver shall extend to or affect any subsequent Event of Default or impair any of your the rights of the holder upon the occurrence thereof.

Appears in 1 contract

Samples: Stockholders' Agreement (Universal Hospital Services Inc)

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