Waiver of Prior Defaults. Upon entering into this Extension, the Holder hereby waives all Events of Default, known or unknown to the Holder, by Borrower prior to the Effective Date.
Waiver of Prior Defaults. Upon entering into this Amendment, the Holder hereby waives all “Events of Default” pertaining to the Note, known or unknown to the Holder, by Borrower prior to the date hereof. The Holder also waives all defaults of the Transaction Documents, known or unknown to the Holder by Borrower prior to the date hereof.
Waiver of Prior Defaults. All Parties hereby waive all prior Events of Default under the Agreements, whether or not previously noticed.
Waiver of Prior Defaults. Effective as of the Closing Date, the Lenders and the Administrative Agent hereby irrevocably waive any Default or Event of Default in existence under the terms and provisions of the Original Credit Agreement immediately prior to the effectiveness of the amendment and restatement of the Original Credit Agreement by this Agreement, and any right or remedy with respect thereto under or relating to any Loan Document or any Credit Document. For purposes of the preceding sentence, the terms “Default”, “Event of Default” and “Credit Document” are used as defined in the Original Credit Agreement.
Waiver of Prior Defaults. Upon execution and delivery of this Loan Agreement, the Series 2007 Note, the Mercy Lease, the Mortgage and the Bond Indenture, all defaults of any kind or character by the Hospital Corporation under the Original Loan Agreement, the Original Series 2007 Note, the Original Mortgage, or the Original Bond Indenture that occurred prior to October 31, 2013 are hereby waived in their entirety. *End of Article VII*
Waiver of Prior Defaults. Upon entering into this Amendment, the Holder hereby waives all Events of Default, known or unknown to the Holder, by the Company prior to and through the Effective Date.
Waiver of Prior Defaults. Lenders hereby waive any Events of Default which may have occurred prior to the date hereof as a result of the Restatement, the recharacterization of the Subject Transactions as financing transactions and the recharacterization of the Subject Leases as financing leases on the consolidated financial statements of the Borrower. Lenders hereby further waive any Events of Default arising by reason of the delivery of the Annual Audited Financial Statements of Borrower and Carrols Holdings for the fiscal year 2003 and related Compliance Certificate and Borrower’s annual business plan for the fiscal year 2004 after the date required for such delivery; provided, however, that the failure to deliver such Annual Audited Financial Statements and related Compliance Certificate and Borrower’s annual business plan for the fiscal year 2004 to the Agent and the Lenders on or before May 6, 2004 shall constitute an Event of Default under the Loan Agreement,
Waiver of Prior Defaults. (a) Effective upon the Creditor’s receipt of the payment due on March 5, 2002 under Section 2.6 (A), and subject to the accuracy of the representations and warranties of Debtor in Section 5 below as of the Effective Date and satisfaction of the conditions set forth in Section 6 below, Creditor agrees to waive any existing defaults, or release any claims of a potential default, under the Credit Documents relating to any events, acts or omissions occurring prior to the Effective Date.
Waiver of Prior Defaults. K4 hereby waives any and all defaults of Spotlight arising prior to the Effective Date of this Agreement related to the $2.5M Note and the $700K Loan. Nothing herein shall be construed as a waiver of any future default under this Agreement or the instruments entered into pursuant hereto.
Waiver of Prior Defaults. Pledgee hereby waives any and all prior defaults with respect to the Convertible Note and agrees to (i) extend the Maturity Date of the Convertible Note to December 31, 2004, and (ii) allow all interest accrued at the Maturity Date to be due and payable two months after the Maturity Date.
