Common use of Written Waivers Clause in Contracts

Written Waivers. If a Default or an Event of Default is waived by the Required Lenders, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 4 contracts

Samples: Loan Agreement (Winthrop Realty Trust), Loan Agreement (First Union Real Estate Equity & Mortgage Investments), Loan Agreement (Winthrop Realty Trust)

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Written Waivers. If Except as otherwise provided in Section 13.4, if a Default or an Event of Default is waived by the Required Lenders, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of Administrative Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 4 contracts

Samples: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc)

Written Waivers. If a Default or an Event of Default is waived by the Required Requisite Lenders, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 3 contracts

Samples: Loan Agreement (Charter Municipal Mortgage Acceptance Co), Mortgage Warehousing Credit and Security Agreement (Charter Municipal Mortgage Acceptance Co), Acquisition Loan Agreement (Chartermac)

Written Waivers. If Except as otherwise provided in Section 13.4, if a Default or an Event of Default is waived by the Required Lenders, in their its sole discretion, pursuant to a specific written instrument executed by an authorized officer of Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 3 contracts

Samples: Loan Agreement (Newkirk Master Lp), Loan Agreement (Shelbourne Properties I Inc), Master Loan Agreement (Newkirk Master Lp)

Written Waivers. If a Default or an Event of Default is waived by the Required LendersRequisite Lenders (or all of the Lenders if and to the extent required by the terms of Section 11.4 hereof), in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Centerline Holding Co), Warehousing Credit and Security Agreement (Centerline Holding Co)

Written Waivers. If a Default or an Event of Default is waived in accordance with the terms of this Agreement, as evidenced by the Required Lenders, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of the Administrative Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 2 contracts

Samples: Bridge Loan Warehousing Credit and Security Agreement (Ares Commercial Real Estate Corp), Bridge Loan Warehousing Credit and Security Agreement (Ares Commercial Real Estate Corp)

Written Waivers. If a Default or an Event of Default is waived by the Required LendersLenders or Administrative Agent, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of Administrative Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 2 contracts

Samples: Credit Agreement (Inland Real Estate Corp), Credit Agreement (Inland Real Estate Corp)

Written Waivers. If a Default or an Event of Default is waived by the Required Lenders, in accordance with the applicable provisions of this Loan Agreement, their sole discretion, pursuant to a specific written instrument executed by an authorized officer of Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Credit and Security Agreement (Charter Municipal Mortgage Acceptance Co)

Written Waivers. If a Default or an Event of Default is waived by the Required Lenders, in their sole discretion, Lender pursuant to a specific written instrument executed by an authorized officer of AgentLender, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Loan Agreement (Clarion Partners Property Trust Inc.)

Written Waivers. If a Default or an Event of Default is waived by the Required LendersLxxxxx, in their its sole discretion, pursuant to a specific written instrument executed by an authorized officer of AgentLender, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Loan Agreement (Worksport LTD)

Written Waivers. If a Default or an Event of Default is waived by the Required LendersMajority Lenders or the Agent, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Loan Agreement (STAG Industrial, Inc.)

Written Waivers. If a Default or an Event of Default is waived by the Required Lenders, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer officers of AgentRequired Lenders (or Agent with the written consent of Required Lenders), the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.)

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Written Waivers. If a Default or an Event of Default is waived by Required Lenders or Agent (unless such waiver by Agent alone is inconsistent with other provisions of the Loan Documents requiring consent by Required Lenders), in their or its sole discretion, pursuant to a specific written instrument executed by an authorized officer of Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Revolving Credit Agreement (TNP Strategic Retail Trust, Inc.)

Written Waivers. If Except as otherwise provided in Section 13.4, if a Default or an Event of Default is waived by the Required Lenders, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of the Administrative Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Master Loan Agreement (Newkirk Realty Trust, Inc.)

Written Waivers. If a Default or an Event of Default is waived by the Required LendersRequisite Lenders (or all of the Lenders if and to the extent required by the terms of Section 11.4 hereof), in their sole discretion, pursuant to as evidenced by a specific written instrument executed by an authorized officer of the Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Mortgage Warehousing (Ares Commercial Real Estate Corp)

Written Waivers. If a Default or an Event of Default is waived in accordance with applicable provisions of this Agreement, as evidenced by the Required Lenders, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Reimbursement Agreement (Charter Municipal Mortgage Acceptance Co)

Written Waivers. If Except as otherwise provided in Section 13.4, if a Default or an Event of Default is waived by the Required Lenders, in their its sole discretion, pursuant to a specific written instrument executed by an authorized officer of Administrative Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Loan Agreement (Kramont Realty Trust)

Written Waivers. If a Default or an Event of Default is waived by the Required Lenders, in accordance with the applicable provisions of this Agreement, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of the Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Credit Agreement (Chartermac)

Written Waivers. If a Default or an Event of Default is waived by the Required LendersLenders or the Administrative Agent, in their sole discretion, pursuant to a specific written instrument executed by an authorized officer of Administrative Agent, the Default or Event of Default so waived shall be deemed to have never occurred.

Appears in 1 contract

Samples: Senior Loan Agreement (NNN 2002 Value Fund LLC)

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