Common use of No other understanding Clause in Contracts

No other understanding. The Debtors each acknowledge that EPT Properties has made no promises to induce execution of this Agreement and that there are no other agreements or understandings, either oral or in writing, affecting this Agreement and nothing in this Agreement shall be considered a waiver by EPT Properties of any existing or future defaults by the Debtors under any Security Document or Cross-Default Obligation.

Appears in 2 contracts

Sources: Restructure Agreement (Peak Resorts Inc), Master Cross Default Agreement (Peak Resorts Inc)

No other understanding. The Debtors each acknowledge that EPT Properties has made no promises to induce execution of this Agreement and that there are no other agreements or understandings, either oral or in writing, affecting this Agreement and nothing in this Agreement shall be considered a waiver by EPT Properties of any existing or future defaults by the Debtors under any Security Document Document, Lease Documents or Cross-Default Obligation.

Appears in 1 contract

Sources: Master Cross Default Agreement (Peak Resorts Inc)