Waiver of Existing Event of Default. Subject to the terms and conditions hereof, Lenders hereby waive the Existing Event of Default; provided, however, that such waiver is limited to the Existing Event of Default and shall not be deemed to be a waiver of any other Event of Default whether presently existing or hereafter arising.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Fairfield Manufacturing Co Inc)
Waiver of Existing Event of Default. Subject to the terms and conditions hereof, Lenders hereby waive the Existing Event of Default; provided, however, that such . Such waiver is limited to by Lenders shall constitute a waiver of only the Existing Event of Default and shall not be deemed to be constitute a waiver of any violation of Section 8 or Section 7.1 of the Credit Agreement other than the Existing Event of Default whether presently existing or hereafter arisingDefault.
Appears in 1 contract
Samples: Credit and Security Agreement (Seracare Life Sciences Inc)
Waiver of Existing Event of Default. Subject to the terms and conditions hereof, The Lenders hereby waive the Existing Event of Default; provided, however, that such . Such waiver is limited to by the Lenders shall constitute a waiver of only the Existing Event of Default and shall not be deemed to be constitute a waiver of any other Event future breach of Default whether presently existing or hereafter arisingany provision of the Loan Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Channell Commercial Corp)