No Forbearance Sample Clauses
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No Forbearance. The failure or delay of any party to insist on the performance of any of the terms of this Agreement, or the waiver of any breach of any of the terms of this Agreement, will not be construed as a waiver of those terms, and those terms will continue and remain in full force and effect as if no forbearance or waiver had occurred and will not affect the validity of this Agreement, or the right to enforce each and every term of this Agreement.
No Forbearance. The failure or delay of any party to insist on the performance of any of the terms of this MOU, or the waiver of any breach of any of the terms of this MOU, will not be construed as a waiver of those terms, and those terms will continue and remain in full force and effect as if no forbearance or waiver had occurred and will not affect the validity of this MOU, or the right to enforce each and every term of this MOU.
No Forbearance. A waiver by the City of any default or breach herein will not be construed to be a continuing waiver of such default or breach, nor is a waiver or permission, express or implied, to be construed as a waiver of any other or subsequent default or breach.
No Forbearance. Notwithstanding anything to the contrary contained in Section 3(b):
(i) The Existing Events of Default (and each Specified Future Default and each Non-Material Future Default, in each case, upon the occurrence thereof) shall constitute an Event of Default under the Credit Agreement and each other Loan Document for the purpose of determining whether or not certain actions or in-actions may be taken or otherwise acquiesced to by or on behalf of any Borrower, as set forth therein. Accordingly, any actions or in-actions taken or omitted by any Borrower in violation of any provision governing whether such action or in-action may or may not be taken or omitted while any Event of Default exists will constitute additional Events of Default under the Credit Agreement and the other Loan Documents, as well as a breach of the terms of this Agreement.
(ii) Grace Bay’s Amortization Rights with respect to the Missed December Revenues Threshold shall continue to exist regardless of any action or in-actions taken or otherwise acquiesced to by or on behalf of any Borrower. The forbearance of the Amortization Right with respect to the Missed December Minimums Revenues Threshold and any Missed Forbearance Period Minimum Revenues Tests provided under Section 3(b) shall not affect the ability or right of Grace Bay to exercise the Amortization Right with respect to any missed Minimum Revenues test for any other future fiscal quarters and shall in no way be considered a course of dealing or a right of the Borrowers to any forbearance or waiver of Grace Bay’s right to exercise its Amortization Right with respect to any future fiscal quarter.
(iii) Notwithstanding anything to the contrary and regardless of whether the Forbearance Period is still in effect, the right to request Subsequent Notes has been permanently terminated due to the Missed December Revenues Threshold. Any decision to allow the Borrowers to exercise their right to request Subsequent Notes hereafter, if at all, shall be in the Grace Bay’s sole and absolute discretion and shall be made on a case-by-case basis without waiving, ceasing or curing any Specified Existing Event of Default, any Specified Future Default that becomes an Event of Default or any other Event of Default.
(iv) The Default Rate shall continue to be charged on the applicable Obligations during the Forbearance Period as a result of the existence of the Specified Existing Events of Default in accordance with the terms of Section 6.2 of the Credit Ag...
No Forbearance. The Company acknowledges and agrees that the -------------- execution and delivery by the Agent and the Banks of this Amendment shall not be deemed (i) to create a course of dealing or otherwise obligate the Agent or the Banks to forbear or execute similar amendments under the same or similar circumstances in the future, or (ii) to amend, relinquish or impair any right of the Agent or the Banks to receive any indemnity or similar payment from any Person or entity as a result of any matter arising from or relating to this Amendment.
No Forbearance. The failure or delay of any party to insist on the performance of any of the terms of this Option to Purchase, or the waiver of any breach of any of the terms of this Option to Purchase, will not be construed as a waiver of those terms, and those terms will continue and remain in full force and effect as if no forbearance or waiver had occurred and will not affect the validity of this Option to Purchase, or the right to enforce each and every term of this Option to Purchase.
No Forbearance. The Company acknowledges and agrees that the -------------- execution and delivery by the Agent and the Banks of this Waiver shall not be deemed (i) to create a course of dealing or otherwise obligate the Agent or the Banks to forbear or execute similar Waivers under the same or similar circumstances in the future, or (ii) to amend, relinquish or impair any right of the Agent or the Banks to receive any indemnity or similar payment from any Person or entity as a result of any matter arising from or relating to this Waiver.
No Forbearance. The failure or delay of any Party to insist on the performance of any terms of this Purchase Agreement, or the waiver of any breach of any of the terms of this Purchase Agreement, will not be construed as a waiver of those terms, and those terms will continue and remain in full force and effect as if no forbearance or waiver had occurred and will not affect the validity of this Purchase Agreement, or the right to enforce each and every term of this Purchase Agreement.