Written Waivers. If a Default or an Event of Default is waived by the 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: Acquisition Loan Agreement (Charter Municipal Mortgage Acceptance Co), Acquisition Loan Agreement (Chartermac), Mortgage Warehousing Credit and Security Agreement (Charter Municipal Mortgage Acceptance Co)
Written Waivers. If a Default or an Event of Default is waived by the Requisite LendersLender, 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 3 contracts
Samples: Loan Agreement (Unitil Corp), Term Loan Agreement (Westwood Group Inc), Construction Loan Agreement (American Retirement Corp)
Written Waivers. If a Default or an Event of Default is waived by the Requisite LendersLender, in their its sole discretion, pursuant to a specific written instrument executed by an authorized officer officers of AgentLender, the Default or Event of Default so waived shall be deemed to have never occurred.
Appears in 2 contracts
Samples: Loan Agreement (STW Resources Holding Corp.), Loan Agreement (STW Resources Holding Corp.)
Written Waivers. If a Default or an Event of Default is waived by the Requisite 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 Requisite LendersLender, 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: Revolving Credit Agreement (Tanger Factory Outlet Centers Inc)