WAIVER 2. 2.1 The Finance Parties waive any Event of Default or Potential Event of Default which has been disclosed by the Borrower in writing to the Agent prior to the date hereof, provided that nothing herein shall affect the rights of the Finance Parties in respect of the occurrence of any other Event of Default or Potential Event of Default which has not been disclosed by the Borrower in writing prior to the date hereof or which arises on or after the date hereof. 2.2.2 Notwithstanding Clause 23 (Commitment Commission and Fees) the Original Borrower is permitted to pay a fee of (pound)500,000 to Triumph Corporate Finance Group, Inc and others on or about the date of this Agreement in relation to amending the Facilities. 3. REPRESENTATIONS 3.1 The Parent, Borrower and the Guarantors make the Repeated Representations as if each reference therein to "this Agreement" or "the Finance Documents" includes a reference to (a) this Agreement and (b) the Restated Agreement. 3.2 On the Effective Date, the Parent, the Borrower and the Guarantors make the representation set out in Clause 16.12 (Group Structure) of the Restated Agreement. 3.3 On the Effective Date, the Parent, the Borrower and the Guarantors make the representation set out in Clause 16.11 (Reports) as if reference to the "Reports" is a reference to the Revised Reports. 4.
WAIVER 2
