Common use of End of Forbearance Period Clause in Contracts

End of Forbearance Period. The Borrower acknowledges and agrees that upon the failure of the Borrower to satisfy any of the foregoing conditions at any time, the Forbearance Period shall automatically terminate without notice to the Borrower of any kind. The Borrower hereby waives any such notice. Upon termination of the Forbearance Period, the Administrative Agent and the Lenders shall be permitted to exercise any and all rights and remedies that exist with respect to the Credit Agreement Defaults and any other Default or Event of Default that may then exist.

End of Forbearance Period. The Borrower acknowledges and agrees that upon the failure of the Borrower to satisfy any of the foregoing conditions at any time, the Forbearance Period shall automatically terminate without notice to the Borrower of any kind. The Borrower hereby waives any such notice. Upon termination of the Forbearance Period, the Administrative Agent and the Lenders shall be permitted to exercise any and all rights and remedies that exist with respect to the Credit Agreement Defaults and any other Default or Event of Default that may then exist.

End of Forbearance Period. The Borrower acknowledges and agrees that upon the failure of the Borrower to satisfy any of the foregoing conditions at any time, the Forbearance Period shall automatically terminate without notice to the Borrower of any kind. The Borrower hereby waives any such notice. Upon termination of the Forbearance Period, the Administrative Agent and the Lenders shall be permitted to exercise any and all rights and remedies that exist with respect to the Credit Agreement Defaults Default and any other Default or Event of Default that may then exist.