Common use of Limitation of Forbearance Clause in Contracts

Limitation of Forbearance. 4.1 This Agreement is effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any Loan Document. 4.2 This Agreement shall be construed in connection with and as part of the Loan Documents, and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents are hereby ratified and confirmed and shall remain in full force and effect.

Appears in 4 contracts

Samples: Loan and Security Agreement (Solta Medical Inc), Loan and Security Agreement (Hipcricket, Inc.), Loan and Security Agreement (Axesstel Inc)

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Limitation of Forbearance. 4.1 3.1 This Agreement is effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank Lender may now have or may have in the future under or in connection with any Loan Document. 4.2 3.2 This Agreement shall be construed in connection with and as part of the Loan Documents, Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents are hereby ratified and confirmed and shall remain in full force and effect.

Appears in 3 contracts

Samples: Amendment and Forbearance Agreement (Tri-S Security Corp), Amendment and Forbearance Agreement (Tri-S Security Corp), Amendment and Forbearance Agreement (Tri-S Security Corp)

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