Modifications, Consents and Waivers; Entire Agreement. No modification or waiver of or with respect to any provision of this Agreement, the Term Note, and the other Loan Documents, nor consent to any departure by the Borrowers from any of the terms or conditions thereof, shall in any event be effective unless it shall be in writing and signed by both parties, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or demand on the Borrowers (not otherwise required by the terms hereof) shall, of itself entitle the Borrowers to any other or further notice or demand in similar or other circumstances. This Agreement embodies the entire agreement and understanding between the Bank and the Borrowers and supersedes all prior agreements and understandings relating to the subject matter hereof.
Appears in 2 contracts
Samples: Security Agreement (ONE Group Hospitality, Inc.), Security Agreement (ONE Group Hospitality, Inc.)
Modifications, Consents and Waivers; Entire Agreement. No modification or waiver of or with respect to any provision of this Agreement, the Term Note, and the all other Loan Documentsagreements, instruments and documents delivered pursuant hereto or thereto, nor consent to any departure by the Borrowers Borrower from any of the terms or conditions thereof, shall in any event be effective unless it shall be in writing and signed by both partiesthe Bank and the Borrower, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or demand on the Borrowers Borrower (not otherwise required by the terms hereof) shall, of itself entitle the Borrowers Borrower to any other or further notice or demand in similar or other circumstances. This Agreement embodies the entire agreement and understanding between the Bank and the Borrowers Borrower and supersedes all prior agreements and understandings relating to the subject matter hereof.
Appears in 2 contracts
Samples: Credit Agreement (Lincoln Educational Services Corp), Credit Agreement (Lincoln Educational Services Corp)
Modifications, Consents and Waivers; Entire Agreement. No modification or waiver of or with respect to any provision of this Agreement, the Term NoteNotes, and the other Loan Documents, nor consent to any departure by the Borrowers from any of the terms or conditions thereof, shall in any event be effective unless it shall be in writing and signed by both parties, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or demand on the Borrowers (not otherwise required by the terms hereof) shall, of itself entitle the Borrowers to any other or further notice or demand in similar or other circumstances. This Agreement embodies the entire agreement and understanding between the Bank and the Borrowers and supersedes all prior agreements and understandings relating to the subject matter hereof.
Appears in 1 contract
Samples: Security Agreement (COMMITTED CAPITAL ACQUISITION Corp)
Modifications, Consents and Waivers; Entire Agreement. No modification or waiver of or with respect to any provision of this Agreement, the Second Term Note, and the other Loan Documents, nor consent to any departure by the Borrowers from any of the terms or conditions thereof, shall in any event be effective unless it shall be in writing and signed by both parties, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or demand on the Borrowers (not otherwise required by the terms hereof) shall, of itself entitle the Borrowers to any other or further notice or demand in similar or other circumstances. This Agreement embodies the entire agreement and understanding between the Bank and the Borrowers and supersedes all prior agreements and understandings relating to the subject matter hereof.
Appears in 1 contract
Samples: Second Term Loan Agreement (ONE Group Hospitality, Inc.)