Common use of Continuing Effect of Loan Agreement Clause in Contracts

Continuing Effect of Loan Agreement. Except as expressly amended and modified hereby, the provisions of the Loan Agreement are and shall remain in full force and effect, and are hereby ratified and confirmed by Borrower. The granting of the waiver under Section 1 hereof shall not (a) constitute a waiver of any other Event of Default, and (b) impose or imply an obligation on Lender to grant a waiver on any future occasion.

Appears in 2 contracts

Samples: Loan Agreement (Hudson Technologies Inc /Ny), Loan Agreement (Hudson Technologies Inc /Ny)

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Continuing Effect of Loan Agreement. Except as expressly amended and modified hereby, the provisions of the Loan Agreement Agreement, and the Liens granted thereunder, are and shall remain in full force and effect, effect and are hereby ratified this Waiver shall be limited precisely as drafted and confirmed by Borrowershall not constitute a waiver of any Event of Default or a modification of any terms and conditions of the Loan Agreement other than as expressly set forth herein. The granting of the waiver under Section 1 hereof Waiver shall not (a) constitute a waiver of any other Event of Default, and (b) impose or imply an obligation on Lender to grant a waiver on any future occasion.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ballantyne of Omaha Inc), Loan and Security Agreement (Ballantyne of Omaha Inc)

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Continuing Effect of Loan Agreement. Except as expressly amended and modified ----------------------------------- hereby, the provisions of the Loan Agreement Agreement, and the Liens granted thereunder, are and shall remain in full force and effect, effect and are hereby ratified this Waiver shall be limited precisely as drafted and confirmed by Borrowershall not constitute a waiver of any Event of Default or a modification of any terms and conditions of the Loan Agreement other than as expressly set forth herein. The granting of the waiver under Section 1 hereof Waiver shall not (a) constitute a waiver of any other Event of Default, and (b) impose or imply an any obligation on Lender to grant a waiver on any future occasion.

Appears in 1 contract

Samples: Waiver Under Loan and Security Agreement (Advanced Nutraceuticals Inc/Tx)

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