Waiver of Joinder. The Agent and the Lenders hereby waive all requirements set forth in Section 5.14 of the Credit Agreement with respect to Spring Communications Parent, Inc., including the requirement to become a Borrower or Facility Guarantor and to take actions to create and perfect Liens on Spring Communications Parent, Inc.’s assets to secure the Obligations, so long as (a) Spring Communications Parent, Inc. does not own any assets other than the Equity Interests of Spring Communications Holding, Inc. and (b) the Tech Brands Disposition is consummated by March 21, 2019.
Waiver of Joinder. Subject to the satisfaction of the conditions precedent specified in Section 6 below, but effective as of the Effective Date, by its signature below, each party to this Amendment hereby waives the requirement, pursuant to Section 6.11 of the Credit Agreement, that Penn Advertising of Baltimore, Inc. execute and deliver a Joinder Agreement (and thereby become a party to the Credit Agreement, as a "Subsidiary Guarantor", and a party to the Pledge Agreement, as a "Securing Party"), for a period of 45 days following the acquisition of Penn Advertising, Inc. pursuant to the Penn Stock Purchase Agreement.
Waiver of Joinder. The Parties expressly waive any requirement that the joinder of all the Parties is necessary to enforce this Agreement against any particular Party or Parties.
Waiver of Joinder. The Company and each of the Institutional ----------------- Investors, which represents all of the parties to the Stockholders Agreement, (i) with respect to the sale of Purchase Shares from Seller to the Management Investors at the Closing, hereby waive any and all of the requirements of Section 4(e)(ii) of the Stockholders Agreement and acknowledge and agree that the Management Investors will not become a party to the Stockholders Agreement, (ii) with respect to the sale and transfer of Purchase Shares from Seller to the Financial Investors at the Closing, hereby waive any and all of the requirements of Section 4(e)(ii) of the Stockholders Agreement since the Financial Investors are each already a party to the Stockholders Agreement and (iii) with respect to the sale and transfer of shares of Common Stock from Xxxx to Seller and the Other Stockholders pursuant to the terms of the Xxxx Stock Purchase Agreement, hereby waive any and all of the requirements of Section 4(e)(ii) of the Stockholders Agreement since Seller and the Other Stockholders are each already a party to the Stockholders Agreement.
