Continuing Defaults. Any Default or Event of Default resulting from or arising in connection with a failure to provide notice pursuant to Section 6.03(a), to deliver financial statements, certificates or other information pursuant to Section 6.01 or Section 6.02, or to take any other action required by Article VI or any other provision of a Loan Document shall be deemed not to be “continuing” or “existing” and shall be deemed cured upon delivery of such notice, financial statement, certificate or other information or the taking of such action (without, for the avoidance of doubt, giving effect to any deadline or temporal limitation applicable to such action); provided that the foregoing shall not apply (A) to the willful failure to provide notice pursuant to Section 6.03(a) or (B) following the acceleration of the Obligations pursuant to Section 8.02(a)(ii). Any Default or Event of Default resulting from or arising in connection with the taking of any action or the consummation of any transaction that is, in either case, prohibited by Article VII or any other provision of a Loan Document shall be deemed not to be “continuing” or “existing” and shall be deemed cured upon a Loan Party remedying (or causing to be remedied) such action or upon the unwinding of such transaction; provided that the foregoing shall not apply following the acceleration of the Obligations pursuant to Section 8.02(a)(ii). Notwithstanding anything to the contrary in this Section 8.02(c)(iii), an Event of Default (the “Initial Default”) may not be cured pursuant to this Section 8.02(c)(iii):
Continuing Defaults. With respect to each Existing Event of Default, each Credit Party acknowledges that (a) such Existing Event of Default is continuing and has not been waived by virtue of any previous actions (or failure to act) by Agent or Lenders through any course of conduct or course of dealing or otherwise and (b) as a result of the existence of each such Existing Event of Default, Agent and Lenders have the right to, among other things, (i) immediately terminate the Commitments, (ii) declare the Loans (with accrued interest thereon) and all other Obligations to be immediately due and payable, and (iii) exercise any and all other rights and remedies available to Agent and Lenders under the Credit Agreement and the Loan Documents.
Continuing Defaults. For the purposes of this Agreement and the other Security Documents, a Default or an Event of Default is “continuing” if it has not been remedied or waived. 2 The Total Commitment and the Advances
Continuing Defaults. With respect to each of the Existing Events of Default, each Borrower acknowledges that (a) such Existing Event of Default is continuing and has not been waived by virtue of any previous actions (or failure to act) by the Second Lien Administrative Agent or the Second Lien Lenders through any course of conduct or course of dealing or otherwise, (b) as a result of the existence of such Existing Event of Default, the Second Lien Lenders and the Second Lien Administrative Agent, pursuant to Section 8.02 of the Second Lien Credit Agreement and the other Loan Documents and subject to the Intercreditor Agreement, have the right to, among other things, accelerate the maturity of the Term Loan and all of the other Obligations.
Continuing Defaults. With respect to each of the Existing Events of Default, each Borrower acknowledges that (a) such Existing Event of Default is continuing and has not been waived by virtue of any previous actions (or failure to act) by the First Lien Administrative Agent or the First Lien Lenders through any course of conduct or course of dealing or otherwise, (b) as a result of the existence of such Existing Event of Default, the First Lien Lenders and the First Lien Administrative Agent, pursuant to Section 8.02 of the First Lien Credit Agreement and the other Loan Documents, have the right to, among other things, (i) terminate the obligations and any commitment of each First Lien Lender to make any further Loans and/or L/C Credit Extensions, (ii) accelerate the maturity of all of the Loans and all of the other Obligations, and (iii) decline to make any further Loans and/or L/C Credit Extensions.
Continuing Defaults. With respect to each of the Credit Agreement Defaults, the Borrower acknowledges that (a) such Credit Agreement Defaults are continuing and have not been waived by virtue of any previous actions (or failure to act) by the Administrative Agent or the Lenders through any course of conduct or course of dealing or otherwise and (b) as a result of the existence of such Credit Agreement Defaults, the Lenders, pursuant to the terms and conditions of the Credit Agreement and the other Credit Documents, have the right to, among other things, (i) terminate the Commitments and any obligations of the Lenders to make any further Loans or issue any Letters of Credit, (ii) accelerate the maturity of all of the Obligations, and (iii) exercise any or all rights and remedies available to them pursuant to the Credit Documents, applicable law or otherwise.
Continuing Defaults. With respect to each of the Credit Agreement Defaults, the Borrower acknowledges that (a) such Credit Agreement Defaults are continuing and have not been waived by virtue of any previous actions (or failure to act) by Administrative Agent or Lenders through any course of conduct or course of dealing or otherwise and (b) as a result of the existence of such Credit Agreement Defaults, Lenders, pursuant to the terms and conditions of the Credit Agreement and the other Credit Documents, have the right to, among other things, (i) accelerate the maturity of all of the Borrower’s Obligations, and (ii) exercise any or all rights and remedies available to them pursuant to the Credit Documents, applicable law or otherwise.
Continuing Defaults. With respect to each Existing Event of Default, Borrower acknowledges that (a) such Existing Event of Default is continuing and has not been waived by virtue of any previous actions (or failure to act) by Lender through any course of conduct or course of dealing or otherwise and (b) as a result of the existence of each such Existing Event of Default, Lender has the right to, among other things, (i) declare the Obligations to be immediately due and payable, and (ii) exercise any and all other rights and remedies available to Lender under the Credit Agreement and the Loan Documents.
Continuing Defaults. Repeated violations or violating more than one item at a time shall be viewed as a continued default under the License. Occurrence of a continuing default cannot be cured by Team Member and may result in immediate request to permanently vacate Staff Housing.
Continuing Defaults. With respect to each of the Existing Defaults, Borrower acknowledges that (a) such Existing Defaults are continuing and have not been waived by virtue of any previous actions (or failure to act) by the Existing Credit Agreement Agent, the Existing Credit Agreement Banks, the Noteholders or the Line of Credit Lenders, as the case may be, or through any course of conduct or course of dealing or otherwise, (b) as a result of the existence of such Existing Defaults, the Subordinated Lenders, pursuant to their respective Subordinated Lender Documents, have the right to, among other things, (A) terminate the obligation of such Subordinated Lenders to make any further loan or other extension of credit, and (B) accelerate the maturity of their respective Subordinated Lender Obligations, and (c) no Subordinated Lender has any obligation to enter into this Agreement.
