Common use of WAIVERS OF EVENTS OF DEFAULTS Clause in Contracts

WAIVERS OF EVENTS OF DEFAULTS. Any Event of Default (or any Default that, with the lapsing of the applicable grace period, if any, would become an Event of Default) may be waived only with the written consent of Required Lenders; except that a Event of Default (or a Default) under any of Sections 8.01(a), (f), (g) or (k) may only be waived with the written consent of all Lenders. Any Event of Default (or Default) so waived will be deemed to have been cured and not to be continuing; but no such waiver will be deemed a continuing waiver or will extend to or affect any subsequent like default or impair any rights arising therefrom.

Appears in 3 contracts

Samples: Credit Agreement (Ch2m Hill Companies LTD), Ch2m Constructors (Ch2m Hill Companies LTD), Ch2m Constructors (Ch2m Hill Companies LTD)

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WAIVERS OF EVENTS OF DEFAULTS. Any Event of Default (or any Default that, with the lapsing of the applicable grace period, if any, would become an Event of Default) may be waived only with the written consent of Required Lenders; except that a an Event of Default (or a Default) under any of Sections 8.01(a), (f), (g) or (k) may only be waived with the written consent of all Lenders. Any Event of Default (or Default) so waived will be deemed to have been cured and not to be continuing; but no such waiver will be deemed a continuing waiver or will extend to or affect any subsequent like default or impair any rights arising therefrom.

Appears in 1 contract

Samples: Credit Agreement (Ch2m Hill Companies LTD)

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WAIVERS OF EVENTS OF DEFAULTS. Any Event of Default (or any Default that, with the lapsing of the applicable grace period, if any, would become an Event of Default) may be waived only with the written consent of Required Lenders; except that a aan Event of Default (or a Default) under any of Sections 8.01(a), (f), (g) or (k) may only be waived with the written consent of all Lenders. Any Event of Default (or Default) so waived will be deemed to have been cured and not to be continuing; but no such waiver will be deemed a continuing waiver or will extend to or affect any subsequent like default or impair any rights arising therefrom.

Appears in 1 contract

Samples: Credit Agreement (Ch2m Hill Companies LTD)

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