Common use of Forbearance; Forbearance Default Rights and Remedies Clause in Contracts

Forbearance; Forbearance Default Rights and Remedies. (a) Effective as of the Forbearance Effective Date, each of the Noteholders agrees that until the expiration or termination of the Forbearance Period, it will temporarily forbear from exercising its default-related rights and remedies against Issuer or any other Credit Party solely with respect to the Specified Defaults; provided, however,

Appears in 4 contracts

Samples: Forbearance Agreement (Blackstone / GSO Capital Solutions Fund LP), Forbearance Agreement (Blackstone / GSO Capital Solutions Fund LP), Forbearance Agreement (Saratoga Resources Inc /Tx)

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Forbearance; Forbearance Default Rights and Remedies. (a) Effective as of the Forbearance Effective DateDate (as hereinafter defined), each of the Noteholders Lender agrees that until the expiration or termination of the "Forbearance Period" (as hereinafter defined), it will temporarily forbear from exercising its any default-related rights and remedies against Issuer or any other Credit Party Party, in each case solely with respect to the Specified DefaultsDefault; provided, however,, that:

Appears in 1 contract

Samples: Forbearance Agreement (Duos Technologies Group, Inc.)

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