Limited Waivers definition
Examples of Limited Waivers in a sentence
Immediately after giving effect to this Agreement and the Specified Consents, Limited Waivers and Forbearance described in Section 2 above, no Default or Event of Default shall have occurred and be continuing or would result from the execution, delivery or performance of this Agreement.
Wherever possible, each provision of this Limited Waiver shall be interpreted in such a manner so as to be effective and valid under applicable law, but if any provision of this Limited Waivers held to be prohibited by or invalid under applicable law, such provision or provisions shall be ineffective only to the extent of such provision and invalidity, without invalidating the remainder of this Limited Waiver.
The Loan Parties admit to and acknowledge the occurrence of each of the Specified Consents and Limited Waivers.
The Note Parties admit to and acknowledge the occurrence of each of the Specified Consents, Limited Waivers and Forbearance.
Agent, Borrower and Requisite Lenders are willing to so effect the Amendments and provide the Limited Waivers on the terms and conditions set forth herein.
The Loan Parties admit to and acknowledge the occurrence of each of the Specified Consents, Limited Waivers and Forbearance.
Immediately after giving effect to this Agreement and the Specified Consents, Limited Waivers and Forbearance described in Section 2 above, no Default or Event of Default shall have occurred and be continuing (other than the Specified Events of Default) or would result from the execution, delivery or performance of this Agreement.
The Agent and Senior Secured Parties agree that the Limited Waivers set forth in this Section shall be limited precisely as written and, except as set forth in this Agreement, shall not be deemed to be a consent to any amendment, waiver or modification of any other term or condition of the Credit Agreement or any other Financing Document.
Except as provided in Paragraph 3 of this Agreement (Limited Waivers), no Party to this Agreement releases any other Party from past, present and future claims, damages, or causes of action of any kind.
Subject to the terms and condition of this Agreement and satisfaction of the conditions precedent set forth in Section 5, the Agent and Senior Secured Parties hereby grant the Limited Waivers.