Common use of Waiver Pursuant to Note Agreement Clause in Contracts

Waiver Pursuant to Note Agreement. The Administrative Agent shall have received a copy of an executed waiver of any Default or Event of Default arising under the 2001 Amended and Restated Note Agreement governing the senior notes of Borrower due May 31, 2005 (the "2001 Amended and Restated Note Agreement"), duly executed by Borrower and the noteholders described therein, (i) deferring the required principal payment currently due on December 12, 2003 to no earlier than March 31, 2004 and (ii) waiving any Default or Event of Default arising from failure to satisfy any financial covenants under Section 7.12 of the 2001 Amended and Restated Note Agreement to March 31,

Appears in 1 contract

Samples: Credit Agreement (Oneida LTD)

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Waiver Pursuant to Note Agreement. The Administrative Agent shall have received a copy of an executed waiver of any Default or Event of Default arising under the 2001 Amended and Restated Note Agreement governing the senior notes of Borrower due May 31, 2005 (the "2001 Amended and Restated Note Agreement"), duly executed by Borrower and the noteholders described therein, (i) deferring the required principal payment currently due on December 12March 31, 2003 2004 to no earlier than March 31April 14, 2004 and (ii) waiving any Default or Event of Default arising from failure to satisfy any financial covenants under Section 7.12 of the 2001 Amended and Restated Note Agreement to March 31April 14,

Appears in 1 contract

Samples: Credit Agreement (Oneida LTD)

Waiver Pursuant to Note Agreement. The Administrative Agent shall have received a copy of an executed waiver of any Default or Event of Default arising under the 2001 Amended and Restated Note Agreement governing the senior notes of Borrower due May 31, 2005 (the "2001 Amended and Restated Note Agreement"), duly executed by Borrower and the noteholders described therein, waiving (i) deferring the required principal payment currently due on December 12November 1, 2003 to no earlier than March 31November 21, 2004 2003 and (ii) waiving any Default or Event of Default arising from failure to satisfy any financial covenants under Section 7.12 of the 2001 Amended and Restated Note Agreement to March 31,November 21, 2003.

Appears in 1 contract

Samples: Credit Agreement (Oneida LTD)

Waiver Pursuant to Note Agreement. The Administrative Agent shall have received a copy of an executed waiver of any Default or Event of Default arising under the 2001 Amended and Restated Note Agreement governing the senior notes of Borrower due May 31, 2005 (the "2001 Amended and Restated Note Agreement"), duly executed by Borrower and the noteholders described therein, waiving (i) deferring the required principal payment currently due on December 12November 21, 2003 to no earlier than March 31December 12, 2004 2003 and (ii) waiving any Default or Event of Default arising from failure to satisfy any financial covenants under Section 7.12 of the 2001 Amended and Restated Note Agreement to March 31,December 12, 2003.

Appears in 1 contract

Samples: Credit Agreement (Oneida LTD)

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Waiver Pursuant to Note Agreement. The Administrative Agent shall have received a copy of an executed waiver of any Default or Event of Default arising under the 2001 Amended and Restated Note Agreement governing the senior notes of Borrower due May 31, 2005 (the "2001 Amended and Restated Note Agreement"), duly executed by Borrower and the noteholders described therein, (i) deferring the required principal payment currently due on December 12November 21, 2003 to no earlier than March 31January 30, 2004 and (ii) waiving any Default or Event of Default arising from failure to satisfy any financial covenants under Section 7.12 of the 2001 Amended and Restated Note Agreement to March 31January 30,

Appears in 1 contract

Samples: Credit Agreement (Oneida LTD)

Waiver Pursuant to Note Agreement. The Administrative Agent shall have received a copy of an executed waiver of any Default or Event of Default arising under the 2001 Amended and Restated Note Agreement governing the senior notes of Borrower due May 31, 2005 (the "2001 Amended and Restated Note Agreement"), duly executed by Borrower and the noteholders described therein, (i) deferring the required principal payment currently due on December 12, 2003 to no earlier than March 311, 2004 and (ii) waiving any Default or Event of Default arising from failure to satisfy any financial covenants under Section 7.12 of the 2001 Amended and Restated Note Agreement to March 311,

Appears in 1 contract

Samples: Credit Agreement (Oneida LTD)

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