Investor Acknowledgments. In reliance upon the representations and covenants and acknowledgments of the Company and the Guarantors contained in this Agreement and subject to the terms and conditions contained herein, during the Forbearance Period, the Investor agrees to forbear from exercising its rights and remedies under the New Transaction Documents or applicable law, solely with respect to the Specified Defaults.
Appears in 4 contracts
Samples: Forbearance Agreement and Amendment, Forbearance Agreement and Amendment (WorldSpace, Inc), Forbearance Agreement and Amendment (WorldSpace, Inc)