Waiver of a Condition Precedent. The terms and conditions of Sections 7.1 and 7.2 are inserted for the sole benefit of the Agent and the Lenders and may be waived by the Agent by or with the prior consent of all of the Lenders in whole or in part with or without terms or conditions, in respect of all or any portion of the Borrowings, without affecting the right of the Agent or the Lenders to assert such terms and conditions in whole or in part in respect of any other Borrowing.
Waiver of a Condition Precedent. The terms and conditions of Section 4.1 are inserted for the sole benefit of the Agent and the Lenders and may be waived by the Agent with the prior consent of all Lenders in whole or in part, with or without terms or conditions.
Waiver of a Condition Precedent. The conditions stated in Sections 7.1, 7.2 and 7.4 and are inserted for the sole benefit of the Administrative Agent and Credit Facility Lenders and may be waived by the Administrative Agent with the consent of the Majority Lenders, in whole or in part, with or without terms or conditions, in respect of all or any portion of the Advances, without affecting the right of the Credit Facility Lenders to assert terms and conditions in whole or in part in respect of any other Advance.
Waiver of a Condition Precedent. The conditions precedent set out in Sections 6.1 and 6.2 are for the sole benefit of the Lenders and may be waived by the Required Lenders, in whole or in part and with or without terms or conditions, relating to all or any portion of any Loan, without affecting the rights of the Lenders to require that those terms and conditions be satisfied in whole or in part relating to any other Loan.
Waiver of a Condition Precedent. The terms and conditions of Sections 8.1 and 8.2 are inserted for the sole benefit of the Administrative Agent and the Lenders and may be waived by the Majority Lenders in respect of an Accommodation under the Syndicated Facility, or the Operating Lender in respect of an Accommodation under the Operating Facility, in whole or in part with or without terms or conditions, in respect of all or any portion of a Borrowing, without affecting the right of the Administrative Agent or the Lenders to assert such terms and conditions in whole or in part in respect of any other Borrowing.
Waiver of a Condition Precedent. If any material condition to a Party’s obligation to proceed to Settlement hereunder has not been satisfied as of the Outside Settlement Date, or such other applicable date as set forth in this Agreement, such Party may in its sole discretion, (i) notify the other Party and the Settlement Agent in writing of its intention to terminate this Agreement if such condition is not satisfied within ten (10) business days, and thereafter may terminate the Agreement, but only if such condition is not satisfied within such time period, and in such event, the Deposit shall be returned to Purchaser and the Parties shall be released from any further obligation hereunder, except for Purchaser’s restoration and indemnification obligations as set forth in Section 4.3 hereof, or (ii) elect to proceed to Settlement, notwithstanding the non-satisfaction of such condition, in which event such Party shall be deemed to have waived such condition precedent. Notwithstanding the foregoing provisions, if the non-satisfaction of such condition precedent was the result of a Party’s intentional action or intentional inaction, or the result of a Party’s failure to utilize commercially reasonable efforts to satisfy such condition precedent, then if such condition is not satisfied within ten (10) business day period specified above, such non-satisfaction shall constitute an event of default by such Party.
Waiver of a Condition Precedent. In the event that a Condition Precedent cannot be satisfied on or before the Long Stop Date by a Party, the same may be waived in writing by the Purchaser or the Seller, as the case may be, at its sole and absolute discretion, upon a request in this regard being made by the Party unable to satisfy the Condition Precedent. In such event, the waived Condition Precedent may, at the option of the waiving Party, to be exercised in its sole and absolute discretion, shall become a condition(s) subsequent and shall have to be satisfied by the relevant Party, within reasonable timelines, as indicated by the waiving Party.
Waiver of a Condition Precedent. The Buyer may waive the requirement on the Seller to satisfy and procure the satisfaction of the conditions precedent enumerated in Clause 3.2 (Conditions precedent) in writing. On receipt by the Seller of such waiver in writing, the relevant condition(s) precedent will be deemed to have been satisfied for the purposes of Clause 3.1 (Effectiveness of rights and obligations).
Waiver of a Condition Precedent. The conditions set out in Sections 9.1 and 9.2 are inserted for the sole benefit of the Agent and the Lenders and may be waived by the Agent by or with the prior consent of all of the Lenders in whole or in part, with or without terms or conditions, in respect of all or any portion of any Accommodation, without affecting the right of the Agent or the Lenders to assert such terms and conditions in whole or in part in respect of any other Accommodation.
Waiver of a Condition Precedent. The conditions stated in Sections 8.1, 8.2 and 8.3 are inserted for the sole benefit of the Agent, the US Administrative Agent, the US Security Agent and the Lenders and the conditions stated therein may only be waived by the Agent with the consent of the Unanimous Lenders, in whole or in part, with or without terms or conditions, in respect of all or any portion of the Advances, without affecting the right of the Lenders to assert terms and conditions in whole or in part in respect of any other Advance.
