Common use of Existing Defaults Clause in Contracts

Existing Defaults. Each Borrower acknowledges that the Borrowers have failed to comply with the provisions of the First Lien Credit Agreement as set forth under the heading "Current Events of Defaults" on Exhibit B hereto (collectively, the "Current Events of Default"). Each Borrower further acknowledges (and has so advised the First Lien Administrative Agent) that it anticipates that it may fail during the Forbearance Period (as defined herein) to comply with the provisions of the First Lien Credit Agreement as set forth under the heading "Anticipated Events of Default" on Exhibit B hereto (collectively, the "Anticipated Events of Default" and together with the Current Events of Default, the "Existing Events of Default").

Existing Defaults. Each Borrower acknowledges that the Borrowers have failed to comply with the provisions of the First Lien Credit Agreement as set forth under the heading "Current “January 28th Events of Defaults" ” on Exhibit B hereto (collectively, the "Current “January 28 Events of Default"”). Each Borrower further acknowledges (and has so advised the First Lien Administrative Agent) that it anticipates that it may fail during the Forbearance Period (as defined herein) to comply with the provisions of the First Lien Credit Agreement as set forth under the heading "“Anticipated Events of Default" ” on Exhibit B hereto (collectively, the "“Anticipated Events of Default" ” and together with the Current January 28 Events of Default, the "“Existing Events of Default"”).

Existing Defaults. Each Borrower acknowledges that the Borrowers have failed to comply with the provisions of the First Second Lien Credit Agreement as set forth under the heading "Current “January 28th Events of Defaults" ” on Exhibit B hereto (collectively, the "Current “January 28 Events of Default"”). Each Borrower further acknowledges (and has so advised the First Second Lien Administrative Agent) that it anticipates that it may fail during the Forbearance Period (as defined herein) to comply with the provisions of the First Second Lien Credit Agreement as set forth under the heading "“Anticipated Events of Default" ” on Exhibit B hereto (collectively, the "“Anticipated Events of Default" ” and together with the Current January 28 Events of Default, the "“Existing Events of Default"”).

Existing Defaults. Each Borrower acknowledges that the Borrowers have failed to comply with the provisions of the First Second Lien Credit Agreement as set forth under the heading "Current Events of Defaults" on Exhibit B hereto (collectively, the "Current Events of Default"). Each Borrower further acknowledges (and has so advised the First Second Lien Administrative Agent) that it anticipates that it may fail during the Forbearance Period (as defined herein) to comply with the provisions of the First Second Lien Credit Agreement as set forth under the heading "Anticipated Events of Default" on Exhibit B hereto (collectively, the "Anticipated Events of Default" and together with the Current Events of Default, the "Existing Events of Default").