Limited Waiver definition
Limited Waiver means the Limited Waiver to Credit Agreement, dated as of January 13, 2021, by and among the Borrower, the other Credit Parties party thereto, the Lenders party thereto and the Administrative Agent.
Limited Waiver is defined in the preamble.
Limited Waiver therein shall also refer to this Amendment and
Examples of Limited Waiver in a sentence
Each reference in the Limited Waiver Agreement to “this Agreement” or words of like import and each reference in any other Loan Document to the “Limited Waiver Agreement” or words of like import shall mean and be a reference to the Limited Waiver Agreement, as amended by this Amendment.
This waiver is limited to the extent described herein and shall not be construed to be a waiver of any other terms, provisions, covenants, warranties or agreements contained in the Credit Agreement or any of the Loan Documents or a waiver of any Default or Event of Default that may have occurred or may hereafter occur (other than the foregoing waiver of the Subject Defaults until the Limited Waiver Expiration Date).
All provisions of the Existing Limited Waiver Agreement shall be deemed to be amended consistent with the terms of this Amendment.
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed thereto in the Existing Limited Waiver Agreement.
This Amendment and the Existing Limited Waiver Agreement constitute the entire agreement and understanding of the Parties with respect to their subject matter and supersede all oral communication and prior writings with respect thereto.
More Definitions of Limited Waiver
Limited Waiver means the Limited Waiver in the form set forth as Exhibit 11 which, when executed by ▇▇▇▇▇▇▇▇▇ will evidence the ▇▇▇▇▇▇▇▇▇ Approval, and when executed by the Lender Stockholder will evidence the Lender Stockholder Approval.
Limited Waiver means the Amendment and Waiver Agreement, dated November 22, 2023, by and between the Company and [ ].
Limited Waiver means that certain Limited Waiver and First Amendment to Credit Agreement and Termination of Revolving Commitments, dated as of September 14, 2012, by and among the Borrower, LCI Holdco, LLC, the Lenders party thereto, the Administrative Agent and the Collateral Agent.”
Limited Waiver is entered into among the Borrower, Administrative Agent, and the Lenders. All capitalized terms used in this Limited Waiver but not defined shall have the meanings ascribed thereto in the Credit Agreement. The Borrower has informed the Administrative Agent that the Parent intends to issue up to $255,000,000 Convertible Subordinated Notes (the "Subordinated Notes") which are convertible to common stock of the Parent. The Borrower seeks a waiver of compliance with respect to Section 2.05(b) and Section 2.11(c)(ii) (so that any prepayments using proceeds of the Subordinated Notes will not reduce the Commitment), Section 8.02 (with respect to the issuance by the Parent of the Subordinated Notes and the Parent's becoming and remaining liable and obligated on the Subordinated Notes), Section 8.05 (with respect to the amendment of the Parent's certificate of incorporation to permit the issuance by the Parent of common stock upon the conversion of the Subordinated Notes), Section 8.08 (with respect to the Restricted Payments by the Borrower to the Parent for the payment by the Parent in cash to the holders of the Subordinated Notes of regularly scheduled accrued interest on the Subordinated Notes at an annual rate not to exceed 6%), Section 8.11 (with respect to the issuance of common stock by the Parent upon the conversion of the Subordinated Notes), and Section 8.14 (with respect to the indenture for the Subordinated Notes). The Administrative Agent and the Lenders hereby grant the following waivers under the Credit Agreement, subject to the terms and conditions set forth below. The Administrative Agent and the Lenders hereby waive compliance with the terms of (i)Section 2.05(b) and Section 2.11(c)(ii)(so that any prepayments using proceeds of the Subordinated Notes will not reduce the Commitment), (ii) Section 8.02 of the Credit Agreement with respect to the 2 Mr. Stev▇ ▇▇▇ ▇▇▇nacle Towers Inc. March 13, 2000 Page 2 issuance by the Parent of the Subordinated Notes and the Parent's becoming and remaining liable and obligated on the Subordinated Notes(provided that the basket provided in Section 8.02(c)(i) shall be reduced by the principal amount of the Subordinated Notes), (iii) Section 8.05 with respect to the amendment of the Parent's certificate of incorporation to permit the issuance by the Parent of common stock upon the conversion of the Subordinated Notes, (iv) Section 8.08 with respect to the Restricted Payments made by the Borrower to the Parent for th...
Limited Waiver is entered into among the Borrower, Administrative Agent, and the Lenders. All capitalized terms used in this Limited Waiver but not defined shall have the meanings ascribed thereto in the Credit Agreement. The Borrower has informed the Administrative Agent that intends to acquire real property and improvements in St. Louis, Missouri for a purchase price not to exceed $57,000,000, for the purpose of operating and leasing as a telecommunications "carrier hotel" (the "Purchase"). The Borrower seeks a waiver of compliance with respect to Section 8.06 of the Credit Agreement with respect to types of businesses which the Borrower is permitted to purchase. The Administrative Agent and the Lenders hereby grant a one-time waiver only for the Purchase, subject to the terms and conditions set forth below. The Limited Waiver set forth in the preceding paragraph is subject to the condition that the Borrower has delivered to the Lenders projections and such other financial information as the Administrative Agent shall request, together with such Loan Papers as may be necessary or appropriate to create and perfect first priority Liens on the real property that is the subject of the Purchase and opinions of counsel with respect thereto. The Borrower represents and warrants to the Administrative. Agent that (a) this Limited Waiver constitutes its legal, valid, and binding obligations, enforceable in accordance with the terms hereof (subject as to enforcement of remedies to any applicable bankruptcy, reorganization, moratorium, or other laws or principles of equity affecting the enforcement of creditors' rights generally), (b) there exists no Event of Default or Default under the Credit Agreement and none that would result from the Purchase (other than as specifically waived hereby), (c) its representations and warranties set forth in the Credit Agreement and other Loan Papers are true and correct on the date hereof and after giving effect to this Limited Waiver, (d) it has complied with all agreements and conditions to be complied with by it under the Credit Agreement and the other Loan Papers by the date hereof except as waived hereby, and (e) the Credit Agreement, as waived hereby, and the other Loan Papers remain in full force and effect.
Limited Waiver means the waiver of the Specified Defaults as set forth in Section 4.02 of this Agreement, subject to the conditions precedent set forth in Section 5 of this Agreement.
Limited Waiver means a document with a definite expiration date issued by a Satellite to a Property Owner for any reason other than the Satellite’s prior Repair or Replacement of the Lower Sewer Lateral that relieves the Property Owner from the requirement to perform work and testing on the Lower Sewer Lateral, or a specified portion of it, until the Limited Waiver’s expiration date.