Forbearance Termination Event. The term "Forbearance Termination Event" shall have the same meaning as the term "Termination Event" described in the Forbearance Agreement.
Forbearance Termination Event. The forbearance set forth in Section 6.02 shall terminate upon the earliest to occur of the following:
(a) The failure of the Maker to complete the Public Offering by April 15, 2023; and /or
(b) The failure of the Maker to pay the Mandatory Prepayment Amounts as provided for in Section 6.02. (each a “Forbearance Termination Event”).
Forbearance Termination Event. Any of the following shall constitute a “Forbearance Termination Event” hereunder:
(a) Expiration of the Forbearance Period on the date specified in Section 4(b)(i);
(b) The failure by the Borrower Parties to make any payment required under this Agreement, or to duly perform and observe any other agreement, covenant, term or condition set forth in this Agreement, in each case, as and when due, without further notice or demand;
(c) Any representation or warranty made by any Borrower Party contained in this Agreement or any Loan Document proves to be incorrect or untrue in any material respect, or any Borrower Party repudiates or denies the truth of any acknowledgments set forth in this Agreement;
(d) The occurrence or existence of any default or Event of Default under any of the Loan Documents, and the failure of the Borrower to cure such default within any cure period applicable thereto set forth in the Loan Documents, excluding the Stated Defaults;
(e) A Material Adverse Effect, other than the occurrence of the Stated Defaults, shall occur; or
(f) Any Borrower Party shall file a voluntary petition under the Bankruptcy Reform Act of 1978, as amended, 11 U.S.C. § 101 et seq. (the “Bankruptcy Code”), or any involuntary petition under the Bankruptcy Code shall be filed against any Borrower Party; or any Borrower Party shall become the subject of any dissolution, liquidation, or insolvency proceeding or any other similar proceeding pursuant to any local, state, federal, or other insolvency laws or other laws providing for relief of debtors.
Forbearance Termination Event. As used herein, a “Forbearance Termination Event” shall mean the occurrence of any of the following: (i) any default or event of default under the Secured Promissory Note or any other Loan Document other than the Acknowledged Events of Default; (ii) the breach by any Loan Party of any obligation or covenant under this Agreement and (iii) February 24, 2020. The period from the Effective Date (as defined below) to (but excluding) the earliest date that a Forbearance Termination Event occurs shall be referred to as the “Forbearance Period”. For the avoidance of doubt, during the Forbearance Period, the only payment due under the Note, other than the Forbearance Period Payments, is the interest payment due on December 31, 2019, which may be paid at the non-default rate, without waiver of the right to charge default rate interest after the occurrence of a Forbearance Termination Event.
Forbearance Termination Event. The Bank's obligation to forbear the exercise of any of the rights and remedies under any of the Loan Documents (all of which rights and remedies are hereby expressly reserved by Bank) shall terminate automatically, without notice, upon the occurrence of a Forbearance Termination Event. The term "Forbearance Termination Event" shall mean: (a) the existence or occurrence of any default or Event of Default under any of the Loan Documents other than the Acknowledged Events of Default; (b) a breach by Borrower or any of the Guarantors of any term, condition, covenant, representation or warranty of this Third Forbearance; or (c) the occurrence of the Forbearance Termination Date.
Forbearance Termination Event. Nothing set forth herein or contemplated hereby is intended to constitute an agreement by the Lender to forbear from exercising any of the rights and remedies available to it under the Credit Agreement, the other Credit Documents, or applicable law (all of which rights and remedies are hereby expressly reserved by the Lender) upon or after the occurrence of a
Forbearance Termination Event. As used herein, a "Forbearance Termination Event" shall mean the occurrence of any of the following: (a) any Default or Event of Default under the Credit Documents other than the Acknowledged Events of Default, (b) a breach by the Credit Parties of any of the provisions of this Agreement, and (c) March 31, 2006.
Forbearance Termination Event. As used herein, a "Forbearance Termination Event" shall mean the earliest to occur of: (a) any Event of Default under any of the Loan Documents other than the Acknowledged Events of Default; (b) any Default under any of the Loan Documents, provided that a Default under the Loan Documents shall constitute a Forbearance Termination Event hereunder only if it remains uncured after the earlier of (i) the expiration of any cure period provided under the applicable Loan Document, (ii) ten (10) days from the date that the Default first existed, and (iii) December 31, 2001; (c) a breach by the Borrower of any term or condition of this Agreement; and (d) December 31, 2001. The period from the Closing Date to (but excluding) the date that a Forbearance Termination Event occurs shall be referred to as the "Forbearance Period".
Forbearance Termination Event. The occurrence of a “Forbearance Termination Event” under and as defined in the Bank Forbearance Agreement or the Notes Forbearance Agreement; or
Forbearance Termination Event. A “Forbearance Termination Event” means: