Common use of Waiver; Termination Clause in Contracts

Waiver; Termination. Each Lender may waive in writing any of the conditions to its obligations set forth in Section 4.1 in its sole discretion. If the conditions to a Lender's obligations set forth in Section 4.1 shall not have been satisfied or waived by such Lender on or before March 5, 2001, such Lender may, in its sole discretion, terminate its obligations pursuant and benefits pursuant to this Agreement without any liability on the part of such Lender to any other Person.

Appears in 1 contract

Samples: Loan Agreement (Alterra Healthcare Corp)

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Waiver; Termination. Each Lender may waive in writing any of the conditions to its obligations set forth in Section 4.1 in its sole discretion. If the conditions to a Lender's obligations set forth in Section 4.1 4.1, shall not have been satisfied or waived by such Lender on or before March 5December 30, 20011999, such Lender may, in its sole discretion, terminate its obligations pursuant and benefits pursuant to this Agreement without any liability on the part of such the Lender to any other Person.

Appears in 1 contract

Samples: Loan Agreement (Alterra Healthcare Corp)

Waiver; Termination. Each Lender may waive in writing any of the conditions to its obligations set forth in Section 4.1 in its sole discretion. If the conditions to a Lender's obligations set forth in Section 4.1 4.1, shall not have been satisfied or waived by such Lender on or before March 5February 4, 20012000, such Lender may, in its sole discretion, terminate its obligations pursuant and benefits pursuant obligation to this Agreement make the Additional Advance without any liability on the part of such the Lender to any other Person, in which event this Agreement shall be null and void and the provisions of the Original Loan Agreement and the Original Note shall remain in effect.

Appears in 1 contract

Samples: Loan Agreement (Alterra Healthcare Corp)

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Waiver; Termination. Each The Lender may waive in writing any of the conditions to its obligations set forth in Section Sections 4.1 hereof in its sole discretion. If the conditions to a the Lender's obligations set forth in Section 4.1 hereof shall not have been satisfied or waived by such Lender on or before March 5April 1, 20012002, such Lender may, in its sole discretion, the parties may terminate its the obligations pursuant and benefits pursuant under to this Agreement without any liability on the part of such the Lender or Company to each other or to any other Person.

Appears in 1 contract

Samples: Loan Agreement (Keystone Consolidated Industries Inc)

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