New Default Clause Samples
New Default. The occurrence of any new Default or Event of Default under any one or more of the Loan Documents, other than, for the purposes of this Section 3(d), a Default or Event of Default resulting from either (1) Parent’s failure to remain current in its filings and reports with the SEC to the extent such failure would be deemed to breach Section 6.9 of the Loan Agreement, and (2) Parent being Delisted in breach of Section 8(s) of the Loan Agreement.
New Default. The occurrence of any new Default under any one or more of the Loan Documents, which shall not include Existing Events of Default.
New Default. All rights and remedies of Lender in ------------------------ connection with the existing defaults under the Loan Documents are hereby reserved, but, except as otherwise specifically provided herein, Lender agrees to forbear from exercising its rights and remedies in connection with the existing defaults under the Loan Documents until the earlier to occur of the
New Default. A new subsection 15(s) of the Loan Agreement shall be and hereby is added to the Loan Agreement immediately following subsection 15(r) of the Loan Agreement to read as follows:
New Default. The occurrence of any Default or Event of Default under any one or more of the Loan Documents (other than the Specified Defaults and the Specified Anticipated Defaults); provided however, that during the Forbearance Period, Borrower's obligation to comply with the financial covenants set forth in Article VIII of the Existing Credit Agreement shall be suspended; and provided further that the Specified Anticipated Defaults shall not be deemed to be a new Default or Event of Default for purposes of this Section 5A(iii);