Written Waivers. 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. Except as otherwise provided in Section 13.4, if 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 (Winthrop Realty Trust), Loan Agreement (First Union Real Estate Equity & Mortgage Investments), Loan Agreement (Winthrop Realty Trust)
Written Waivers. 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 3 contracts
Samples: Loan Agreement (Shelbourne Properties I Inc), Loan Agreement (Newkirk Master Lp), Master Loan Agreement (Newkirk Master Lp)
Written Waivers. Except as otherwise provided in Section 13.4, if 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 Administrative 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. Except as otherwise provided in Section 13.4, if 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 Administrative Agent, the Default or Event of Default so waived shall be deemed to have never occurred.
Appears in 1 contract
Samples: Tax Exempt Bond Line of Credit and Security Agreement (Charter Municipal Mortgage Acceptance Co)
Written Waivers. Except as otherwise provided in Section 13.4, if 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 Administrative 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
Written Waivers. 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
Written Waivers. 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
Written Waivers. Except as otherwise provided in Section 13.4, if 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 Administrative 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. Except as otherwise provided in Section 13.4, if 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 Administrative the Agent, the Default or Event of Default so waived shall be deemed to have never occurred.
Appears in 1 contract
Samples: Mortgage Warehousing Credit and Security Agreement (Ares Commercial Real Estate Corp)