Written Waivers. If a Default or Event of Default is waived in accordance with the terms of this Agreement, as evidenced by a 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
Sources: 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 Majority Lenders or the Agent, in accordance with the terms of this Agreementtheir sole discretion, as evidenced by 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. If a Default or an Event of Default is waived in accordance with the terms applicable provisions of this Agreement, as evidenced by 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
Sources: Reimbursement Agreement (Charter Municipal Mortgage Acceptance Co)
Written Waivers. If a Default or an Event of Default is waived by the Required Lenders or the Administrative Agent, in accordance with the terms of this Agreementtheir sole discretion, as evidenced by 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. If a Default or an Event of Default is waived in accordance with the terms of this Agreement, as evidenced by Lender pursuant to a specific written instrument executed by an authorized officer of the Administrative AgentLender, the Default or Event of Default so waived shall be deemed to have never occurred.
Appears in 1 contract
Sources: Loan Agreement (Clarion Partners Property Trust Inc.)
Written Waivers. If a Default or an Event of Default is waived by Lender, in accordance with the terms of this Agreementits sole discretion, as evidenced by pursuant to a specific written instrument executed by an authorized officer of the Administrative AgentLender, the Default or Event of Default so waived shall be deemed to have never occurred.
Appears in 1 contract
Sources: Revolving Credit Agreement (Tanger Factory Outlet Centers Inc)