Common use of Notice Requirements Satisfied Clause in Contracts

Notice Requirements Satisfied. Each of Borrower and each Guarantor acknowledges that all notice requirements embodied in the Loan Documents and imposed upon Lender in connection with the Existing Events of Default, and the exercise of its remedies therefor (together with all applicable cure and/or grace periods) have been satisfied (or shall be deemed to have been satisfied by this Agreement) without exception, and that upon the expiration or earlier termination of the Forbearance Period, Lender shall, with respect to the Existing Events of Default, have the full right and power to exercise all remedies granted to it thereunder without further notice to Borrower and Guarantors or any of them and subject to no other conditions precedent.

Notice Requirements Satisfied. Each of Borrower and each Guarantor acknowledges that all notice requirements embodied in the Loan Documents and imposed upon Lender Administrative Agent or any of the Lenders in connection with the Existing Specified Events of Default, and the exercise of its their remedies therefor (together with all applicable cure and/or grace periods) have been satisfied (or shall be deemed to have been satisfied by this Agreement) without exception, and that upon the expiration or earlier termination of the Forbearance Period, Lender Administrative Agent and the Lenders shall, with respect to the Existing Events Specified Event of Default, have the full right and power to exercise all remedies granted to it them thereunder without further notice to such Borrower and Guarantors or any of them and subject to no other conditions precedent.