Specified Defaults. Each of the Specified Defaults shall be deemed to be an Event of Default (other than the events described in items 2 and 3 on Exhibit A, until the holders of the Senior Subordinated Notes (or the trustee on behalf of such holders) shall have the right to accelerate the Senior Subordinated Notes), from and after the Second Forbearance Termination Date.
Appears in 2 contracts
Sources: Forbearance Agreement (Simmons Co), Forbearance Agreement; Amendment to Credit Agreement (Simmons Co)