Waiver of Acknowledged Events of Default Sample Clauses

Waiver of Acknowledged Events of Default. The Lenders hereby waive the Acknowledged Events of Default.
AutoNDA by SimpleDocs
Waiver of Acknowledged Events of Default. From and after the Third Amendment Effective Date, notwithstanding the provisions of the Credit Agreement to the contrary, Bank hereby waives, on a one-time basis, the Acknowledged Events of Default.
Waiver of Acknowledged Events of Default. Notwithstanding the provisions of the Credit Agreement to the contrary, the Lenders hereby waive, on a one-time basis, the Acknowledged Events of Default.
Waiver of Acknowledged Events of Default. The Lenders hereby ---------------------------------------- waive the Acknowledged Events of Default. The foregoing waiver shall not modify or affect the Borrower's obligation to comply with each and every term and condition of the Credit Documents, as amended hereby, from and after the date hereof.
Waiver of Acknowledged Events of Default. Subject to the terms and conditions set forth herein, the Administrative Agent and the Lenders hereby waive the Acknowledged Events of Default; provided that the foregoing waiver shall not be deemed to modify or affect the obligations of the Credit Parties to comply with each and every other obligation, covenant, duty or agreement under the Credit Documents and all other instruments, documents and agreements issued, executed or delivered in connection with the Credit Documents. This waiver is a one-time waiver and shall not be construed to be a waiver of, or in any way obligate the Administrative Agent or the Lenders to waive, any other Default or Event of Default under the Credit Agreement or the other Credit Documents that have occurred or that may occur from and after the date hereof.
Waiver of Acknowledged Events of Default. Notwithstanding the provisions of the Credit Agreement to the contrary, the Lenders hereby waive, on a one-time basis, the Acknowledged Events of Default; provided that the Borrower and HAI shall be in compliance with Sections 5.7 and 5.8 after taking into account the revised definition of EBITDA set forth herein.
Waiver of Acknowledged Events of Default. The Bank hereby waives the Acknowledged Events of Default; provided that the foregoing waiver shall not be deemed to modify or affect any obligation of the Obligors to comply with each and every obligation, covenant, duty and agreement under the Loan Documents and all other instruments, documents and agreements issued, executed or delivered in connection with the Loan Documents. This waiver is a one-time waiver and shall not be construed to be a waiver of, or in any way obligate the Bank to waive, any other default or event of default under the Loan Agreement or any other Loan Document that has occurred or that may occur from and after the date hereof.
AutoNDA by SimpleDocs
Waiver of Acknowledged Events of Default. Notwithstanding the provisions of the Credit Agreement to the contrary, the Required Lenders hereby waive, on a one-time basis, the Acknowledged Events of Default; provided that the Net Cash Proceeds received from the sales, leases or transfers made in connection with the Section 6.4 Default shall not be reinvested but shall be used to prepay the Loans in accordance with Section 2.8(b)(ii).
Waiver of Acknowledged Events of Default. Notwithstanding the provisions of the Credit Agreement to the contrary, the Lenders hereby waive, on a one-time basis, the Acknowledged Events of Default; provided that the Section 5.9(c) Event of Default shall only be waived if Consolidated Capital Expenditures, as reported in the Borrower’s audited financial statements for the fiscal year ended December 31, 2005, are less than or equal to $12,500,000.
Waiver of Acknowledged Events of Default. The Administrative Agent and the Lenders hereby waive the Acknowledged Events of Default; provided that the foregoing waiver shall not be deemed to modify or affect the obligations of the Loan Parties to comply with each and every other obligation, covenant, duty or agreement under the Loan Documents and all other instruments, documents and agreements issued, executed or delivered in connection with the Loan Documents, in each case as amended. This waiver is a one-time waiver and shall not be construed to be a waiver of, or in any way obligate the Administrative Agent or the Lenders to waive, any other Default or Event of Default under the Credit Agreement and the other Loan Documents that have occurred or that may occur from and after the date hereof.
Time is Money Join Law Insider Premium to draft better contracts faster.