Bank Waiver definition

Bank Waiver means Amendment No. 3 of Revolving Credit Agreement, Waiver of Revolving Credit Agreement and Term Credit Agreement and Termination and Release of Shareholder Guarantors among the Acquiror and each of the other parties to the Term Credit Agreement and the Revolving Credit Agreement and certain other Loan Documents as such term is defined in both the Term Credit Agreement and the Revolving Credit Agreement.
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Bank Waiver means the Limited Waiver Agreement and Fifth Amendment to the Credit Agreement, dated November 19, 2010, and First Amendment to Limited Waiver Agreement, dated December 14, 2010, as subsequently amended or modified from time to time, which amended the Company Credit Agreement.
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Bank Waiver means a waiver, forbearance, consent or other agreement among Pro-Fac, the Company and the required number of the Existing Banks under the Existing Financing that is acceptable in form and substance to Buyer that waives or forestalls the Existing Banks from exercising remedies with respect to, any default or event of default under the Existing Financing that is caused by or arises from or is related to the Non-Cash Goodwill Impairment Charge and, if not a waiver, provides for the Company to have access to the facilities contemplated by the Existing Financing through the Closing Date on terms not less favorable than those applicable immediately prior to the execution of this Agreement.
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Examples of Bank Waiver in a sentence

  • The Company may redeem the Notes, at its option, in whole but not in part, at any time prior to April 29, 2005 at a redemption price equal to 101% of the issue price of the Notes plus accrued interest to, but not including, the redemption date if the Company determines, in its reasonable judgment, that (i) the Rights Issue will not be consummated on or prior to April 29, 2005 or (ii) the Bank Waiver will not be forthcoming.

  • The Company must redeem the Notes, in whole but not in part, upon not less than five days notice at a redemption price equal to 101% of the issue price of the Notes plus accrued interest to, but not including, the redemption date, if the Rights Issue is not consummated and the Bank Waiver is not received on or prior to April 29, 2005.

  • The Company shall use commercially reasonable best efforts to extend the deadlines set forth in the Bank Waiver, including but not limited to the deadlines in Section 2 and Section 5.2 of the Bank Waiver, from March 31, 2011 to April 15, 2011.

  • The Acquiror shall have received a copy of the Bank Waiver (or any amendments, waivers, or modifications thereto thereto) whereby the lenders under the Company Credit Agreement have agreed to forbear from exercising any rights or remedies with respect to any breach or default by the Company under the Company Credit Agreement, and such waiver shall not have been amended or rescinded.

  • The Partnership shall have obtained the Partnership Bank Waivers from the Partnership Lenders and CST shall have obtained the CST Bank Waiver from the CST Lenders.

  • Except (a) for the CST Bank Waiver or (b) as would not reasonably be expected to have a Buyer Material Adverse Effect, CST and GP Buyer’s execution and delivery of this Agreement or the other Transaction Documents to which CST or GP Buyer is party or performance of their respective obligations hereunder or thereunder, does not and will not require the consent, approval, waiver or authorization of, or filing, registration or qualification with, any Person by CST or GP Buyer.

  • TAF and the Seller shall jointly and severally obtain the Bank Waiver Documents.

  • The Companies shall have delivered an executed copy of the Waiver dated as of April 1, 2001 (the "Bank Waiver"), among the Holding Company, the Operating Company, the financial institutions party thereto, Fleet National Bank (formerly known as Fleet Bank), as Initial Issuing Bank, and Fleet National Bank, as administrative agent, which must be in form and substance satisfactory to you.

  • Waiver of Rights by the Bank; Waiver of Jury Trial, etc..................................55 ------------------------------------------------------- SECTION 9.06.

  • Notwithstanding anything to the contrary in this Amendment, (i) the Letter Waiver shall remain in full force and effect and the Noteholders reaffirm the waiver granted by them for the benefit of the Company thereunder, and (ii) the Bank Waiver Letter shall be effective to the extent that Section 7.02(d) of the Revolving Facility shall constitute a More Favorable Financial Covenant hereunder.


More Definitions of Bank Waiver

Bank Waiver shall have the meaning specified in Section 4.2(c).
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Bank Waiver is defined in Section 9.6 of this Agreement.
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Related to Bank Waiver

  • Waiver Agreement means an agreement between

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Lender Joinder Agreement means a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent delivered in connection with Section 5.13.

  • Consent and Agreement means the Manufacturer Consent and Agreement [____], dated as of even date with the Participation Agreement, of Airframe Manufacturer.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Fifth Amendment means that certain Fifth Amendment to Credit Agreement, dated as of December 14, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders, Letter of Credit Issuers and other Credit Parties party thereto.

  • Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Sixth Amendment means the Sixth Amendment to Credit Agreement dated as of March 7, 2011 among the Borrower, the Lenders party thereto and the Administrative Agent.

  • Security Joinder Agreement means each Security Joinder Agreement, substantially in the form thereof attached to the Security Agreement, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • Assignment/Amendment We reserve the right to change this Service Agreement (including the price or to charge an additional fee) and to delegate any of Our obligations at Our sole discretion provided We give You thirty (30) days’ prior written notice of the changes. The changes will become effective thirty (30) days after We send You the notice. If You do not like the changes, You may cancel this Service Agreement. You may not change this Service Agreement or delegate any of Your obligations. Should certain terms or conditions in this Service Agreement be held to be invalid or unenforceable, the remainder of the terms and conditions in this Service Agreement shall remain valid. Transfer: This Service Agreement is not transferable by You. Responsibility for benefits owed to You: This is not an insurance policy; it is a Service Agreement. HomeServe will serve as Your point-of-contact for all questions or concerns. Our obligations under this Service Agreement are insured under a service contract reimbursement insurance policy. If We fail to pay or to deliver service on a claim within sixty (60) days after proof of loss has been filed, or in the event You cancel this Service Agreement and We fail to issue any applicable refund within sixty (60) days after cancellation, You are entitled to make a claim against the insurer, Virginia Surety Company, Inc., 000 Xxxx Xxxxxxx Xxxx., 11th Floor, Chicago, IL 60604, 0-000-000-0000. Our Liability: To the extent permitted by applicable law, (1) You agree that We and HomeServe, and both of our parents, successors, affiliates, approved technicians and our and their officers, directors, employees, affiliates, agents and contractors shall not be liable to You or anyone else for: (a) any actual losses or direct damages that exceed the lowest applicable per covered repair benefit limit set out above; or (b) any amount of any form of indirect, special, punitive, incidental or consequential losses or damages, including those caused by any fault, failure, delay or defect in providing services under this Service Agreement, and (2) these limitations and waivers shall apply to all claims and all liabilities and shall survive the cancellation or expiration of this Service Agreement. You may have other rights that vary from state to state. Arbitration: YOU, NAW AND HOMESERVE ALL AGREE TO RESOLVE DISPUTES ONLY BY FINAL AND BINDING ARBITRATION OR IN SMALL CLAIMS COURT as follows:

  • Pledge Amendment shall have the meaning assigned to such term in Section 5.1 hereof.

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Term Loan Documents means the “Loan Documents” as defined in the Term Loan Credit Agreement.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Lender Addendum with respect to any initial Lender, a Lender Addendum, substantially in the form of Exhibit J, to be executed and delivered by such Lender on the Closing Date as provided in Section 10.17.

  • Modification Agreement means any agreement between the Issuer (or the Servicer acting on its behalf) and a Supplier for the purchase and/or installation of a Required Modification or an Optional Modification.

  • Lien Waiver Agreement means an agreement which is executed in favor of Agent by a Person who owns or occupies premises at which any Collateral may be located from time to time and by which such Person shall waive any Lien that such Person may ever have with respect to any of the Collateral and shall authorize Agent from time to time to enter upon the premises to inspect or remove the Collateral from such premises or to use such premises to store or dispose of such Inventory.

  • Borrower Loan Agreement means this Borrower Loan Agreement.