Common use of Amendments; Interpretation Clause in Contracts

Amendments; Interpretation. No amendment or modification of any provision of this Amendment shall be effective without the written agreement of each Loan Party, the Administrative Agent and the Required Lenders, and no waiver of any provision of this Amendment, or consent to any departure by any Loan Party therefrom, shall in any event be effective without the written concurrence of the Required Lenders. Any waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given. No notice to or demand upon any Loan Party in any case shall entitle any Loan Party to any other or further notice or demand in similar or other circumstances. No prior drafts of this Amendment, or any negotiations regarding the terms contained in those drafts, shall be admissible in any court to vary or interpret the terms of this Amendment, the parties hereto agreeing that this Amendment constitutes the final expression of the parties’ agreement and supersedes all prior written and oral understandings regarding the terms of this Amendment. The parties hereto have had the opportunity to be represented by counsel in their negotiations of the terms of this Amendment, and therefore no provision of this Amendment shall be construed against any party hereto on the theory that such party drafted such provision.

Appears in 3 contracts

Samples: The Forbearance Agreement (Masonite International Inc.), The Forbearance Agreement (Masonite International Inc.), Forbearance Agreement and the Credit Agreement (Masonite International Inc.)

AutoNDA by SimpleDocs

Amendments; Interpretation. No amendment or modification of any provision of this Amendment shall be effective without the written agreement of each Loan Party, the Administrative Agent Borrowers and the Required LendersBank, and no waiver of any provision of this Amendment, Amendment or consent to any departure by any Loan Party Borrower therefrom, shall in any event be effective without the written concurrence of the Required LendersBank. Any waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given. No notice to or demand upon any Loan Party Borrower in any case shall entitle any Loan Party Borrower to any other or further notice or demand in similar or other circumstances. No prior drafts of this Amendment, Amendment or any negotiations regarding the terms contained in those drafts, drafts shall be admissible in any court to vary or interpret the terms of this Amendment, ; the parties hereto agreeing that this Amendment constitutes the final expression of the parties’ agreement and supersedes all prior written and oral understandings regarding the terms of this Amendment. In the event of any inconsistency between the terms of this Amendment and any other Loan Document, this Amendment shall govern and control. The parties hereto have had the opportunity to be represented by counsel in their negotiations of the terms of this Amendment, and therefore therefore, no provision of this Amendment shall be construed against any party hereto on the theory that such party drafted such provision.

Appears in 1 contract

Samples: Loan Agreement (Hallwood Group Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.