Common use of Termination of Forbearance Clause in Contracts

Termination of Forbearance. Upon the occurrence of any Termination Event (as defined below) and at any time after such occurrence during which a Termination Event is continuing, the Agents are entitled to, without prior notice to the Credit Parties, immediately terminate the Forbearance Period, unless such Termination Event is an Event of Default described in Section 12.1(C) of the Credit Agreement, in which case the Forbearance Period automatically terminates without demand or notice of any kind. For purposes of this Amendment, "Termination Event" means:

Appears in 5 contracts

Samples: Credit Agreement (Rohn Industries Inc), Forbearance Agreement (Rohn Industries Inc), Credit Agreement (Rohn Industries Inc)

AutoNDA by SimpleDocs

Termination of Forbearance. Upon the occurrence of any Termination Event (as defined below) and at any time after such occurrence during which a Termination Event is continuing, the Agents are Agent is entitled to, without prior notice to the Continuing Credit Parties, immediately terminate the Forbearance Period, unless such Termination Event is an Event of Default described in Section 12.1(C) of the Credit Agreement, in which case the Forbearance Period automatically terminates without demand or notice of any kind. For purposes of this Amendment, "Termination Event" means:terminate

Appears in 1 contract

Samples: Forbearance Agreement (Archibald Candy Corp)

Termination of Forbearance. Upon the occurrence of any Termination Event (as defined below) and at any time after such occurrence during which a Termination Event is continuingoccurrence, the Agents are Administrative Agent, or the Administrative Agent at the direction of the Required Lenders, is entitled to, without prior notice to the Credit PartiesBorrower, immediately terminate the Forbearance Period, unless such Termination Event is an Event of Default described in Section 12.1(C11.1(h) of the Credit Agreement, in which case the Forbearance Period will automatically terminates terminate without demand or notice of any kind. For purposes of this AmendmentAgreement, "β€œTermination Event" ” means:

Appears in 1 contract

Samples: Waiver Agreement (Calgon Carbon Corporation)

Termination of Forbearance. Upon the occurrence of any Termination Event (as defined below) and at any time after such occurrence during which a Termination Event is continuing, the Agents are entitled to, without prior notice to the Credit Parties, immediately terminate the Forbearance Period, unless such Termination Event is an Event of Default described in Section 12.1(C) of the Credit Agreement, in which case the Forbearance Period automatically terminates without demand or notice of any kind. For purposes of this AmendmentForbearance Agreement, "Termination Event" means:

Appears in 1 contract

Samples: Forbearance Agreement (Rohn Industries Inc)

AutoNDA by SimpleDocs

Termination of Forbearance. Upon the occurrence of any Termination Event (as defined below) and at any time after such occurrence during which a Termination Event is continuing, the Agents are entitled to, without prior notice to the Credit Parties, immediately terminate the Forbearance Period, unless such Termination Event is an Event of Default described in Section 12.1(C) of the Credit Agreement, in which case the Forbearance Period automatically terminates without demand or notice of any kind. For purposes of this AmendmentAgreement, "Termination Event" means:

Appears in 1 contract

Samples: Forbearance Agreement (Rohn Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.