Common use of Effectiveness of Consent Clause in Contracts

Effectiveness of Consent. This Consent shall be effective only to the extent specifically set forth herein and shall not (a) be construed as a waiver of any breach, Default or Unmatured Default other than as specifically waived herein nor as a waiver of any breach, Default or Unmatured Default of which the Lenders have not been informed by the Borrowers, (b) affect the right of the Lenders to demand compliance by the Borrowers with all terms and conditions of the Loan Documents (including, without limitation, the provisions of Section 7.12 of the Credit Agreement for all other transactions except with respect to the Exelon Merger), except as specifically modified or waived by this Consent, (c) be deemed a consent to any transaction or future action on the part of the Borrowers requiring the Lenders’ or the Required Lenders’ consent or approval under the Loan Documents, or (d) except as waived hereby, be deemed or construed to be a waiver or release of, or a limitation upon, the Agent’s or the Lenders’ exercise of any rights or remedies under the Credit Agreement or any other Loan Document, whether arising as a consequence of any Default or Unmatured Default which may now exist or otherwise, all such rights and remedies hereby being expressly reserved.

Appears in 2 contracts

Samples: Consent (Potomac Electric Power Co), Credit Agreement (Potomac Electric Power Co)

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Effectiveness of Consent. This Consent shall be effective only to the extent specifically set forth herein and shall not (a) be construed as a waiver of of, or consent to, any breach, Default or Unmatured Event of Default other than as specifically waived waived, or consented to, herein nor as a waiver of of, or consent to, any breach, Default or Unmatured Event of Default of which the Lenders have not been informed by the BorrowersCredit Parties or any of them, (b) affect the right of the Lenders to demand compliance by the Borrowers Credit Parties with all terms and conditions of the Loan Documents (including, without limitation, the provisions of Section 7.12 of the Credit Agreement for all other transactions except with respect to the Exelon Merger)Documents, except as specifically modified or waived by this Consent, (c) be deemed a waiver of, or consent to to, any transaction or future action on the part of the Borrowers Credit Parties requiring the Lenders’ or the Required Lenders’ consent or approval under the Loan Credit Documents, or (d) except as waived waived, or consented to, hereby, be deemed or construed to be a waiver or release of, or a limitation upon, the Agent’s or the Lenders’ exercise of any rights or remedies under the Credit Agreement or any other Loan Credit Document, whether arising as a consequence of any Default or Unmatured Event of Default which may now exist or otherwise, all such rights and remedies hereby being expressly reserved.

Appears in 1 contract

Samples: Consent (Cree Inc)

Effectiveness of Consent. This Consent consent shall be effective only to the extent specifically set forth herein and shall not (a) be construed as a consent to any other action or a waiver of any provision, breach, Default or Unmatured Event of Default other than as specifically consented to or waived herein nor as a consent to any other action or a waiver of any provision, breach, Default or Unmatured Event of Default of which the Lenders have not been informed by the BorrowersCredit Parties or any of them, (b) affect the right of the Lenders to demand compliance by the Borrowers Credit Parties with all terms and conditions of the Loan Documents (including, without limitation, the provisions of Section 7.12 of the Credit Agreement for all other transactions except with respect to the Exelon Merger)Documents, except as specifically modified or waived by this ConsentAmendment, (c) be deemed a consent to or waiver of any future transaction or future action on the part of the Borrowers Credit Parties requiring the Lenders’ or the Required Lenders’ consent or approval under the Loan Documents, or (d) except as consented to or waived hereby, be deemed or construed to be a waiver or release of, or a limitation upon, the Agent’s or the Lenders’ exercise of any rights or remedies under the Credit Agreement or any other Loan Document, whether arising as a consequence of any Default or Unmatured Event of Default which may now exist or otherwise, all such rights and remedies hereby being expressly reserved.

Appears in 1 contract

Samples: First Amendment and Consent (Kforce Inc)

Effectiveness of Consent. This Consent consent shall be effective only to the extent specifically set forth herein and shall not (a) be construed as a waiver of, or course of dealing with respect to, any breach, Default or Unmatured Event of Default other than as specifically waived consented to herein nor as a waiver of, or course of dealing with respect to, any breach, Default or Unmatured Event of Default of which the Agent or Lenders have not been informed by the BorrowersLoan Parties, (b) affect the right of the Lenders Agent or any Lender to demand compliance by the Borrowers Loan Parties with all terms and conditions of the Loan Documents (including, without limitation, the provisions of Section 7.12 of the Credit Agreement for all other transactions except with respect to the Exelon Merger)Documents, except as specifically modified or waived by this ConsentAmendment, (c) be deemed a consent to waiver of any transaction or future action on the part of the Borrowers Loan Parties requiring the Lenders’ or the Required Agent’s and Lenders’ consent or approval under the Loan Documents, or (d) except as waived consented to hereby, be deemed or construed to be a waiver or release of, or a limitation upon, the Agent’s or the Lenders’ exercise of any rights or remedies under the Credit Agreement or any other Loan Document, whether arising as a consequence of any Default or Unmatured Event of Default which may now exist or otherwise, all such rights and remedies hereby being expressly reserved.

Appears in 1 contract

Samples: Credit Agreement (Applied Optoelectronics, Inc.)

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Effectiveness of Consent. This Consent consent and acknowledgment shall be effective only to the extent specifically set forth herein and shall not (a) be construed as a waiver of any breach, Default or Unmatured Event of Default other than as specifically waived herein nor as a waiver of any breach, Default or Unmatured Event of Default of which the Lenders have not been informed by the BorrowersCredit Parties, (b) affect the right of the Lenders to demand compliance by the Borrowers Credit Parties with all terms and conditions of the Loan Documents (including, without limitation, the provisions of Section 7.12 of the Credit Agreement for all other transactions except with respect to the Exelon Merger)Documents, except as specifically consented to, modified or waived by this ConsentAmendment, (c) be deemed a consent to waiver of any future transaction or future action on the part of the Borrowers Credit Parties requiring the Lenders’ or the Required Lenders’ consent or approval under the Loan Credit Documents, or (d) except as waived hereby, be deemed or construed to be a waiver or release of, or a limitation upon, the Administrative Agent’s or the Lenders’ exercise of any rights or remedies under the Credit Agreement or any other Loan Credit Document, whether arising as a consequence of any Default or Unmatured Event of Default which may now exist or otherwise, all such rights and remedies hereby being expressly reserved.

Appears in 1 contract

Samples: Credit Agreement (CrossAmerica Partners LP)

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