Common use of Correlative Waivers Clause in Contracts

Correlative Waivers. If an event of default under Section 901 of the Indenture shall be cured or waived and any remedial action by the Trustee rescinded, any correlative default under this Loan Agreement shall be deemed to have been cured or waived.

Appears in 4 contracts

Samples: Loan Agreement (Genlyte Group Inc), Loan Agreement (Medical Action Industries Inc), Loan Agreement (Dollar Tree Stores Inc)

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Correlative Waivers. If an event of default under Section 901 of the Indenture shall be cured or waived and any remedial action by the Trustee or the Credit Facility Trustee rescinded, any correlative default under this Loan Agreement shall be deemed to have been cured or waived.

Appears in 2 contracts

Samples: Loan Agreement (Lunn Industries Inc /De/), Loan Agreement (Heico Corp)

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Correlative Waivers. If an event "Event of default Default" under Section 901 801 of the Indenture shall be cured or waived and any remedial action by the Trustee rescinded, any correlative default under this Loan Agreement shall be deemed to have been cured or waived.

Appears in 1 contract

Samples: Loan Agreement (Aaron Rents Inc)

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