Common use of Forbearance Period Clause in Contracts

Forbearance Period. (a) Subject to the terms and conditions of this Agreement (including the proviso at the end of this clause (a)), the Administrative Agent and the Lenders shall forbear from taking any Enforcement Actions as a result of the occurrence of the Specified Events of Default during the period from and including the Forbearance Effective Date until the earliest to occur of any of the following events (each such event, a “Forbearance Termination Event”; the date of such occurrence, the “Forbearance Termination Date”; and such period, the “Forbearance Period”):

Appears in 5 contracts

Samples: Limited Waiver and Third Forbearance Agreement, Limited Waiver and Second Forbearance Agreement, Limited Waiver and Third Forbearance Agreement (Rex Energy Corp)

AutoNDA by SimpleDocs

Forbearance Period. (a) Subject to the terms and conditions of this Agreement (including the proviso at the end of this clause (a))Agreement, the Administrative Agent and the Lenders shall forbear from taking any Enforcement Actions as a result of the occurrence of the Specified Events of Default during the period from and including the Forbearance Effective Date until the earliest to occur of any of the following events (each such event, a “Forbearance Termination Event”; the date of such occurrence, the “Forbearance Termination Date”; and such period, the “Forbearance Period”):

Appears in 1 contract

Samples: Limited Waiver and Fourth Forbearance Agreement (Rex Energy Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!