Common use of NOTICE OF ACCEPTANCE HEREOF Clause in Contracts

NOTICE OF ACCEPTANCE HEREOF. The Borrower and each Guarantor acknowledges that the foregoing waivers are a material inducement to Administrative Agent and Lenders entering into this Agreement and that Administrative Agent and Lenders are relying upon the foregoing in their dealings with the Borrower and the Guarantors. The Borrower and each Guarantor has reviewed the foregoing waivers with its legal counsel and has knowingly and voluntarily waived its jury trial and other rights following consultation with legal counsel. In the event of litigation, this Agreement may be filed as a written consent to a trial by the court.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Commercial Vehicle Group, Inc.), Term Loan and Security Agreement (Commercial Vehicle Group, Inc.)

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NOTICE OF ACCEPTANCE HEREOF. The Borrower and each Guarantor acknowledges that the foregoing waivers are a material inducement to the Administrative Agent and the Term Loan Lenders entering into this Agreement and that Administrative Agent and Lenders they are relying upon the foregoing in their dealings with the Borrower and the GuarantorsBorrower. The Borrower and each Guarantor has reviewed the foregoing waivers waivers, including the waiver of jury trial in Section 10.15, with its legal counsel and has knowingly and voluntarily waived its jury trial and other rights following consultation with legal counsel. In the event of litigation, this Agreement may be filed as a written consent to a trial by the court.

Appears in 1 contract

Samples: Super Priority Credit Agreement (Basic Energy Services, Inc.)

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NOTICE OF ACCEPTANCE HEREOF. The Borrower and each Guarantor acknowledges that the foregoing waivers are a material inducement to the Administrative Agent Agent, the L/C Issuers and the Lenders entering into this Agreement and that Administrative Agent and Lenders they are relying upon the foregoing in their dealings with the Borrower and the GuarantorsBorrower. The Borrower and each Guarantor has reviewed the foregoing waivers waivers, including the waiver of jury trial in Section 10.15, with its legal counsel and has knowingly and voluntarily waived its jury trial and other rights following consultation with legal counsel. In the event of litigation, this Agreement may be filed as a written consent to a trial by the court.

Appears in 1 contract

Samples: Assignment and Assumption (Basic Energy Services Inc)

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