Common use of Waiver and Amendment Pursuant to Credit Agreement Clause in Contracts

Waiver and Amendment Pursuant to Credit Agreement. Xxxxxxx shall have received a copy of an executed waiver of any Default or Event of Default arising under the Credit Agreement, duly executed by the Guarantor, the Administrative Agent and the Lenders, (i) deferring the scheduled reduction in the Lenders' Revolving Commitments (as defined in the Credit Agreement) to no earlier than January 30, 2004 and (ii) waiving until January 30, 2004 any Default or Event of Default arising from failure to satisfy any financial covenants under Section 6.11 of the Credit Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Oneida LTD)

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Waiver and Amendment Pursuant to Credit Agreement. Xxxxxxx shall have received a copy of an executed waiver of any Default or Event of Default arising under the Credit Agreement, duly executed by the Guarantor, the Administrative Agent and the Lenders, (i) deferring the scheduled reduction in the Lenders' Revolving Commitments (as defined in the Credit Agreement) to no earlier than January 30April 14, 2004 and (ii) waiving until January 30April 14, 2004 any Default or Event of Default arising from failure to satisfy any financial covenants under Section 6.11 of the Credit Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Oneida LTD)

Waiver and Amendment Pursuant to Credit Agreement. Xxxxxxx shall have received a copy of an executed waiver of any Default or Event of Default arising under the Credit Agreement, duly executed by the Guarantor, the Administrative Agent and the Lenders, (i) deferring the scheduled reduction in the Lenders' Revolving Commitments (as defined in the Credit Agreement) to no earlier than January 30March 15, 2004 and (ii) waiving until January 30March 15, 2004 any Default or Event of Default arising from failure to satisfy any financial covenants under Section 6.11 of the Credit Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Oneida LTD)

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Waiver and Amendment Pursuant to Credit Agreement. Xxxxxxx shall have received a copy of an executed waiver of any Default or Event of Default arising under the Credit Agreement, duly executed by the Guarantor, the Administrative Agent and the Lenders, (i) deferring the scheduled reduction in the Lenders' Revolving Commitments (as defined in the Credit Agreement) to no earlier than January 30March 31, 2004 and (ii) waiving until January 30March 31, 2004 any Default or Event of Default arising from failure to satisfy any financial covenants under Section 6.11 of the Credit Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Oneida LTD)

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