Common use of Notice of Acceptance and Other Waivers Clause in Contracts

Notice of Acceptance and Other Waivers. (a) All ABL Obligations at any time made or incurred by any ABL Loan Party shall be deemed to have been made or incurred in reliance upon this Agreement, and the Term Agent, on behalf of the Term Secured Parties, hereby waives notice of acceptance, or proof of reliance by the ABL Agent or any ABL Secured Parties of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the ABL Obligations. All Shared Collateral Obligations at any time made or incurred by any Shared Collateral Loan Party shall be deemed to have been made or incurred in reliance upon this Agreement, and the ABL Agent, on behalf of the ABL Secured Parties, hereby waives notice of acceptance, or proof of reliance, by the Shared Collateral Agents or any Shared Collateral Secured Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the Shared Collateral Obligations.

Appears in 7 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement (Toys R Us Inc), Intercreditor Agreement (Toys R Us Inc)

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Notice of Acceptance and Other Waivers. (a) All ABL Obligations at any time made or incurred by the Borrower or any ABL Loan Party Guarantor shall be deemed to have been made or incurred in reliance upon this Agreement, and the Term Agent, on behalf of itself and the Term Secured Parties, hereby waives notice of acceptance, or proof of reliance by the ABL Agent or any ABL Secured Parties Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the ABL Obligations. All Shared Collateral Term Obligations at any time made or incurred by the Borrower or any Shared Collateral Loan Party Guarantor shall be deemed to have been made or incurred in reliance upon this Agreement, and the ABL Agent, on behalf of itself and the ABL Secured Parties, hereby waives notice of acceptance, or proof of reliance, by the Shared Collateral Agents Term Agent or any Shared Collateral Term Secured Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the Shared Collateral Term Obligations.

Appears in 7 contracts

Samples: Intercreditor Agreement (JOANN Inc.), Credit Agreement (Chinos Holdings, Inc.), Credit Agreement (Chinos Holdings, Inc.)

Notice of Acceptance and Other Waivers. (a) All ABL Obligations at any time made or incurred by the Company or any ABL Loan other Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and the each Term Agent, on behalf of itself and the relevant Term Secured Parties, hereby waives notice of acceptance, or proof of reliance by the ABL Agent or any ABL Secured Parties Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the ABL Obligations. All Shared Collateral Term Obligations at any time made or incurred by the Company or any Shared Collateral Loan other Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement, and the ABL Agent, on behalf of itself and the ABL Secured Parties, hereby waives notice of acceptance, or proof of reliance, by the Shared Collateral Agents any Term Agent or any Shared Collateral Term Secured Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the Shared Collateral Term Obligations.

Appears in 5 contracts

Samples: Intercreditor Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.)

Notice of Acceptance and Other Waivers. (a) All ABL Obligations at any time made or incurred by any ABL Loan Party Borrower or ABL Guarantor shall be deemed to have been made or incurred in reliance upon this Agreement, and the any Term Agent, on behalf of itself and the applicable Term Secured Parties, hereby waives notice of acceptance, or proof of reliance by the ABL Agent or any ABL Secured Parties Party of this Agreement, Agreement and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the ABL Obligations. All Shared Collateral Term Obligations at any time made or incurred by the Term Loan Borrower or any Shared Collateral Loan Party Term Guarantor shall be deemed to have been made or incurred in reliance upon this Agreement, and the ABL Agent, on behalf of itself and the ABL Secured Parties, hereby waives notice of acceptance, or proof of reliance, by the Shared Collateral Agents any Term Agent or any Shared Collateral Term Secured Party of this Agreement, Agreement and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the Shared Collateral Term Obligations.

Appears in 4 contracts

Samples: Intercreditor Agreement (Horizon Global Corp), Loan Agreement (Horizon Global Corp), Credit Agreement (Horizon Global Corp)

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Notice of Acceptance and Other Waivers. (a) All ABL Obligations at any time made or incurred by the Company or any ABL Loan Party Grantor shall be deemed to have been made or incurred in reliance upon this Agreement, and the Term Notes Collateral Agent, on behalf of itself and the Term Notes Secured Parties, hereby waives notice of acceptance, or proof of reliance by the ABL Collateral Agent or any ABL Secured Parties Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the ABL Obligations. All Shared Collateral Notes Obligations at any time made or incurred by the Company or any Shared Collateral Loan Party Grantor shall be deemed to have been made or incurred in reliance upon this Agreement, and the ABL Collateral Agent, on behalf of itself and the ABL Secured Parties, hereby waives notice of acceptance, or proof of reliance, by the Shared Notes Collateral Agents Agent or any Shared Collateral such Notes Secured Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the Shared Collateral Notes Obligations.

Appears in 2 contracts

Samples: Intercreditor Agreement (Ryerson International Material Management Services, Inc.), Intercreditor Agreement (J.M. Tull Metals Company, Inc.)

Notice of Acceptance and Other Waivers. (a) All ABL Obligations at any time made or incurred by the Company or any ABL Loan Party Grantor shall be deemed to have been made or incurred in reliance upon this Agreement, and the Term CF Collateral Agent, on behalf of itself and the Term CF Secured Parties, hereby waives notice of acceptance, or proof of reliance by the ABL Collateral Agent or any ABL Secured Parties Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the ABL Obligations. All Shared Collateral CF Obligations at any time made or incurred by the Company or any Shared Collateral Loan Party Grantor shall be deemed to have been made or incurred in reliance upon this Agreement, and the ABL Collateral Agent, on behalf of itself and the ABL Secured Parties, hereby waives notice of acceptance, or proof of reliance, by the Shared CF Collateral Agents Agent or any Shared Collateral such CF Secured Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the Shared Collateral CF Obligations.

Appears in 2 contracts

Samples: Security Agreement (Clear Channel Communications Inc), Intercreditor Agreement (CC Media Holdings Inc)

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