Common use of Waiver of a Condition Precedent Clause in Contracts

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.

Appears in 4 contracts

Samples: Credit Agreement (PRECISION DRILLING Corp), Credit Agreement (PRECISION DRILLING Corp), Credit Agreement (PRECISION DRILLING Corp)

AutoNDA by SimpleDocs

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 by or with the prior consent of all of the Lenders in whole or in part, part with or without terms or conditions.

Appears in 2 contracts

Samples: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (Pengrowth Energy Trust)

AutoNDA by SimpleDocs

Waiver of a Condition Precedent. The terms and conditions of Section 4.1 5.1 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, part with or without terms or conditions.

Appears in 1 contract

Samples: Credit Agreement (PENGROWTH ENERGY Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!