No Default; Waiver Sample Clauses

No Default; Waiver. This First Amendment does not waive any prior, present or future default by either party hereto which has occurred or may occur under the terms of the Lease.
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No Default; Waiver. As of the Effective Date, the Owner Participant waives any Default or Event of Default arising from (i) the Lessee's failure to meet the Fixed Charge Coverage Ratio required under Section 5.09 of the Participation Agreement for the fiscal quarters ending on March 31, 2002, June 30, 2002, September 30, 2002 and December 31, 2002 and (ii) the Guarantor having been until the Effective Date a debtor under Chapter 11 of the Bankruptcy Code and agrees not to exercise any rights with respect to such breach, Default or Event of Default.
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No Default; Waiver. All parties acknowledge that this Agreement has an effective date of June 30, 2003, but is being executed and delivered on September 30, 2003. Accordingly as of September 30, 2003 all parties represent and warrant to all other parties that no default, or other breach or violation of, the Original Agreement as amended has occurred and is continuing. No party hereto knows of any circumstances, facts or events which could lead to the occurrence of such a default, breach or violation and hereby acknowledges that all parties are entering into this Agreement in reliance upon the representations and warranties made herein. To the extent any default, breach or violation occurred under the Original Agreement as amended prior to September 30, 2003, all parties hereto hereby waive and release all other parties from any liability or claim of every nature with respect to any and all such pre September 30, 2003 defaults, breaches or violations. This paragraph 4 shall survive the expiration or other termination of the Original Agreement.
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No Default; Waiver. For the avoidance of doubt, the parties hereto agree that the Acceptance Date and the Completion Date occurred on June 26, 2009. Furthermore the parties hereto agree that to the extent the Prior Administrative Agent or any Prior Lender gave notice of or otherwise declared an Event of Default to be in existence under the Credit Agreement, including without limitation, pursuant to that certain letter dated June 16, 2009 from the Administrative Agent to the Company, the parties hereto agree such Events of Default are hereby waived.
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Related to No Default; Waiver

  • No Default, etc No Default, Event of Default or Material Adverse Change has occurred and is continuing.

  • No Default; No Waiver Except for payment delinquencies continuing for a period of not more than 30 days as of the Cut-Off Date, the records of the Servicer did not disclose that any default, breach, violation or event permitting acceleration under the terms of the Receivable existed as of the Cut-Off Date or that any continuing condition that with notice or lapse of time, or both, would constitute a default, breach, violation or event permitting acceleration under the terms of the Receivable had arisen as of the Cut-Off Date and the Seller has not waived any of the foregoing.

  • No Default No Default or Event of Default has occurred and is continuing.

  • Events of Default; Waiver The Holders of a Majority in liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

  • No Default or Event of Default No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the Extension of Credit to be made on such date unless such Default or Event of Default shall have been waived in accordance with this Agreement.

  • No Defaults There is no default, breach, violation or event of acceleration existing under the Mortgage or the Mortgage Note and no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event of acceleration, and neither the Company nor its predecessors have waived any default, breach, violation or event of acceleration;

  • No Existing Default No Default or Event of Default shall have occurred and be continuing (i) on the borrowing, continuation or conversion date with respect to such Loan or after giving effect to the Loans to be made, continued or converted on such date or (ii) on the issuance or extension date with respect to such Letter of Credit or after giving effect to the issuance or extension of such Letter of Credit on such date.

  • No Default or Event of Default has occurred and is continuing as of the date hereof or after giving effect to the Loans to be made on the date hereof. [Borrower only]

  • No Default Certificate The Administrative Agent shall have received a certificate, signed by a Financial Officer of each Borrower, on the initial Borrowing date (i) stating that no Default has occurred and is continuing, (ii) stating that the representations and warranties contained in Article III are true and correct as of such date, and (iii) certifying any other factual matters as may be reasonably requested by the Administrative Agent.

  • No Default or Violation Neither the Company nor any Subsidiary (i) is in default under or in violation of (and no event has occurred which has not been waived which, with notice or lapse of time or both, would result in a default by the Company or any Subsidiary under), nor has the Company or any Subsidiary received notice of a claim that it is in default under or that it is in violation of, any indenture, loan or credit agreement or any other agreement or instrument to which it is a party or by which it or any of its properties is bound, (ii) is in violation of any order of any court, arbitrator or governmental body, or (iii) is in violation of any statute, rule or regulation of any governmental authority, in each case of clauses (i), (ii) or (iii) above, except as could not individually or in the aggregate, have or result in a Material Adverse Effect.

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