Bank Waiver definition

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.

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.

Examples of Bank Waiver in a sentence

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.
CST agrees to pay any fee required by the CST Lenders to be paid in order to secure the CST Bank Waiver.
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 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.
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.
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.
Prior to the date of this Agreement, the Representatives shall have received a copy of the Bank Waiver, signed by BACF and the lenders party to the Existing Credit Agreement, and the Bank Waiver shall be satisfactory in form and substance to the Representatives.
BY:______________________________ [LIST OF EXHIBITS TO LEASE AGREEMENT] [Exhibit A - Letter of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, dated June 14, 2004] [Exhibit B - Landlord's letter dated September 15, 2004] [Exhibit C - Certificate of Occupancy] [Exhibit D - Bank Waiver] [Exhibit A - Letter of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, dated June 14, 2004] [Letterhead of ▇▇▇▇▇▇ ▇▇▇▇▇▇] ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, INC.
TAF and the Seller shall jointly and severally obtain the Bank Waiver Documents.

More Definitions of Bank Waiver

Bank Waiver is defined in Section 9.6 of this Agreement.

Bank Waiver shall have the meaning specified in Section 4.2(c).