Waiver of Existing Events of Default. The Lenders hereby waive each of the Existing Events of Default. Such waiver by the Lenders shall constitute a waiver of only the Existing Events of Default and not a waiver of any future breach of any provision of the Loan Agreement or any other Loan Document.
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Waiver of Existing Events of Default. The Lenders hereby waive each of the Existing Events of Default. Such waiver Default are waived by the Lenders shall constitute a Lender. This waiver of only relates solely to the Existing Events of Default and is not a waiver of any future breach other Default or Event of any provision of Default that has occurred or may occur under the Loan Agreement or any the other Loan DocumentDocuments.
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Samples: Senior Secured Loan Agreement (Remark Holdings, Inc.)
Waiver of Existing Events of Default. The Lenders hereby waive each of the Existing Events of Default. Such waiver by the Lenders shall constitute a waiver of only the Existing Events of Default and not a waiver of any future breach of any provision of the Loan Agreement or any of the other Loan DocumentDocuments.
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Waiver of Existing Events of Default. The Lenders hereby waive each of the Existing Events of Default. Such waiver by the Lenders shall constitute a waiver of only the Existing Events of Default and shall not constitute a waiver of any future breach of any provision of the Loan Agreement Agreement. The Lenders hereby agree and acknowledge that the Default Rate shall not apply to any period prior to the Effective Date and hereby waive any right to impose or charge the Default Rate on any other Loan DocumentObligations as a result of the Existing Events of Default.
Appears in 1 contract
Samples: Loan and Security Agreement (Channell Commercial Corp)
