Waiver by Mortgagee. Any and all covenants in this Mortgage may from time to time by instrument in writing by Mortgagee (acting upon the written direction of the Required Percentage of each Class of Master Debt given in accordance with the Collateral Trust Agreement), be waived to such extent and in such manner as the Mortgagee may desire, but no such waiver will ever affect or impair the Mortgagee’s rights hereunder, except to the extent specifically stated in such written instrument.
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Samples: Pledge Agreement (Cano Petroleum, Inc), Credit Agreement (Cano Petroleum, Inc)
Waiver by Mortgagee. Any and all covenants in this Mortgage may from time to time by instrument in writing by Mortgagee (acting upon the written direction of the Required Percentage of each Class of Master Debt given in accordance with the Collateral Trust AgreementMajority Lenders), be waived to such extent and in such manner as the Mortgagee may desire, but no such waiver will ever affect or impair the Mortgagee’s 's rights hereunder, except to the extent specifically stated in such written instrument.
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Samples: Credit Agreement (Isramco Inc)
Waiver by Mortgagee. Any and all covenants in this Mortgage may from time to time by instrument in writing by Mortgagee (acting upon the written direction of the Required Percentage of each Class of Master Debt given in accordance with the Collateral Trust AgreementMajority Lenders or all Lenders, as applicable), be waived to such extent and in such manner as the Mortgagee may desire, but no such waiver will ever affect or impair the Mortgagee’s rights hereunder, except to the extent specifically stated in such written instrument.
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