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 (as hereinafter defined), Xxxxxx agrees that until the expiration or termination of the "Forbearance Period" (as hereinafter defined), it will temporarily forbear from exercising any default-related rights and remedies against Borrower, in each case solely with respect to the Specified Default; provided, however, that:

Appears in 2 contracts

Samples: Forbearance Agreement, Forbearance Agreement

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Forbearance; Forbearance Default Rights and Remedies. (a) Effective as of the Forbearance Effective Date (as hereinafter defined)date hereof, Xxxxxx Lender agrees that until the expiration or termination of the "Forbearance Period" Period (as hereinafter defined), it will temporarily forbear from exercising any defaultDefault-related rights and remedies against Borrower, in each case solely with respect to the Specified DefaultDefaults; provided, however, that:

Appears in 1 contract

Samples: Forbearance Agreement (Medite Cancer Diagnostics, Inc.)

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

Appears in 1 contract

Samples: Forbearanc E Agreement

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