Forbearance Termination Event definition

Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

Forbearance Termination Event means the earliest of the following to occur: (a) any Default or Event of Default under the Credit Agreement or any other Loan Document other than the Existing Events of Default, (b) any breach by the Borrowers of any representation, obligation, agreement or covenant under this Agreement and (c) December 11, 2015.

Forbearance Termination Event means the occurrence of any of the following:

Examples of Forbearance Termination Event in a sentence

• Upon the occurrence of a Forbearance Termination Event, the agreement of the Consenting Creditors hereunder to forbear from exercising rights and remedies in respect of the Forbearance Defaults, shall immediately terminate without requirement of any demand, presentment, protest, or notice of any kind, all of which the Company hereby waives (to the extent permitted by applicable law).

• Without limiting any other provision of this Agreement, each Credit Party further acknowledges and agrees that during the Forbearance Period and following any Forbearance Termination Event, Events of Default shall be continuing, and the Credit Parties shall not, and shall not permit any Subsidiary to, take or cause any Person to take any action that is conditioned on no Default or Event of Default existing at the time of, or immediately after giving effect to, the taking of such action.

• The parties understand and agree that a referral pursuant to this section is not an accusation or formal charge.

• Without Timbercreek’s consent, the filing of the NOIs would have constituted a Forbearance Termination Event.

• Upon the occurrence of a Forbearance Termination Event all unpaid portions of the Forbearance Extension Fee and unreimbursed expenses outstanding shall be paid forthwith by the Obligors.

More Definitions of Forbearance Termination Event

Forbearance Termination Event means any of the following: (i) the occurrence of a Default or Event of Default (in each case other than the Forbearance Defaults) under any Loan Document or (ii) any breach of the Borrower or any Guarantor of any representation, warranty, term, covenant, or agreement set forth in this Forbearance Agreement.

Forbearance Termination Event contained in Section 1 of the Amended Agreement is hereby amended to delete the reference to “May 6, 2013” and replace it with “June 7, 2013”.

Forbearance Termination Event means the occurrence of one or more of the following events:

Forbearance Termination Event as defined in Section 6.10(b).

Forbearance Termination Event means the occurrence of any one or more of the following events which is not cured within applicable notice and cure periods, if any:

Forbearance Termination Event shall have the meaning given to it in Section 21(b) below.

Forbearance Termination Event shall have the same meaning as the term "Termination Event" described in the Forbearance Agreement.