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, waiving (i) the required principal payment currently due on November 21, 2003 to no earlier than December 12, 2003 and (ii) 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 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, waiving (i) deferring the required principal payment currently due on November 21December 12, 2003 to no earlier than December 12March 31, 2003 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 December 12, 2003.March 31,

Appears in 1 contract

Samples: Amended and Restated 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 November 21, 2003 to no earlier than December 12January 30, 2003 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 December 12, 2003.January 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, waiving (i) deferring the required principal payment currently due on November 21March 31, 2003 2004 to no earlier than December 12April 14, 2003 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 December 12, 2003.April 14,

Appears in 1 contract

Samples: Amended and Restated 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, waiving (i) the required principal payment currently due on November 211, 2003 to no earlier than December 12November 21, 2003 and (ii) 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 December 12November 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 November 21December 12, 2003 to no earlier than December 12March 1, 2003 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 December 12, 2003.March 1,

Appears in 1 contract

Samples: Amended and Restated Credit Agreement (Oneida LTD)

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