Common use of Forbearance Agreement Clause in Contracts

Forbearance Agreement. All of the terms and conditions of the Forbearance Agreement shall have been satisfied to the satisfaction of Lender and Lender shall have determined that no Forbearance Termination Event shall have occurred and be continuing.

Appears in 2 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)

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Forbearance Agreement. All of the terms and conditions of the Forbearance Agreement shall have been satisfied to the satisfaction of Lender Agent and Lender Agent shall have determined that no Forbearance Termination Event shall have occurred and be continuing.

Appears in 2 contracts

Samples: Loan, Security and Agency Agreement (Silverleaf Resorts Inc), Security and Agency Agreement (Silverleaf Resorts Inc)

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