WAIVER OF CERTAIN EXISTING EVENTS OF DEFAULT Sample Clauses

WAIVER OF CERTAIN EXISTING EVENTS OF DEFAULT. The Agent and the Lenders hereby waive each existing Event of Default which resulted from Borrower's failure to comply with Section 9.10, Section 9.11 or Section 9.15 of the Original Financing Agreement; PROVIDED, HOWEVER, that nothing contained herein shall be deemed to be a waiver of any other Event of Default, whether under the Original Financing Agreement or hereunder, and whether or not any Lender or Agent has knowledge thereof, nor shall anything contained herein be deemed to be a waiver of any future Event of Default
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WAIVER OF CERTAIN EXISTING EVENTS OF DEFAULT. At the time of the effectiveness of this Amended Loan Agreement, all Events of Default described in Schedule 11.23 shall be waived. WITNESS the due execution hereof by the respective duly authorized officers of the undersigned as of the date first written above. BORROWERS: CALTON, INC. By: /s/ Robert A. Fourniadis Title: Senior Vice President Notice Address: Calton, Inc. 500 Craig Road Xxxxxxxxx, NJ 07726 Attention: Robert A. Fourniadis XXXXXX XXXXXXX, XXX. By: /s/ Robert A. Fourniadis Title: Senior Vice President Notice Address: Calton Funding, Inc. 500 Craig Road Xxxxxxxxx, NJ 07726 Attention: Robert A. Fourniadis GUARANTORS: Calton California Equity Corp. Calton Capital, Inc. Calton Capital II, Inc. Calton General, Inc. Calton Homes, Inc. Calton Homes of California, Inc. Calton Homes of Florida, Inc. Calton Homes of Pennsylvania, Inc. Calton Homes of Pennsylvania at Pxxxxxx, Inc. Calton Homes of Tampa, Inc. Calton Lindenwood Corporation Calton Manzanita Corporation Calton Tamarack Corporation Calcap Commercial Management, Inc. Calcap X, Inc. Calcap XV, Inc. Calcap XXXI, Inc. Calcap XXXII, Inc. Calcap XXXIII, Inc. Calcap 36, Inc. Calcap 42, Inc. Calcap 48, Inc. Calton Homes of Chicago, Inc. Each by: /s/ Robert A. Fourniadis Title: President Notice Address: [Name of Guarantor] 500 Craig Road Xxxxxxxxx, NJ 07726 Attention: Robert A. Fourniadis Calton Homes Finance, Inc. Calton Homes Finance II, Inc. Each by: /s/ Robert A. Fourniadis Title: Senior Vice President Notice Address: [Name of Guarantor] 500 Craig Road Xxxxxxxxx, NJ 07726 Attention: Robert A. Fourniadis Talcon Title Agency, L.P. By: Calton General, Inc., its General Partner By: /s/ Robert A. Fourniadis Title: President Notice Address: Talcon Title Agency, L.P. c/o Calton General, Inc. 500 Craig Road Xxxxxxxxx, NJ 07726 Attention: Robert A. Fourniadis Talpro 31, L.P. By: Calcap XXXI, Inc., its General Partner By: /s/ Robert A. Fourniadis Title: President Notice Address: Talpro 31, L.P. c/o Calcap XXXI, Inc. 500 Craig Road Xxxxxxxxx, NJ 07726 Attention: Robert A. Fourniadis Talpro 32, L.P. By: Calcap XXXII, Inc., its General Partner By: /s/ Robert A. Fourniadis Title: President Notice Address: Talpro 32, L.P. c/o Calcap XXXII, Inc. 500 Craig Road Xxxxxxxxx, NJ 07726 Attention: Robert A. Fourniadis Talpro 33, L.P. By: Calcap XXXIII, Inc., its General Partner By: /s/ Robert A. Fourniadis Title: President Notice Address; Talpro 33, L.P. c/o Calcap XXXIII, Inc. 500 Craig Road Xxxxxxxxx, NJ 07726 Attenti...
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Related to WAIVER OF CERTAIN EXISTING EVENTS OF DEFAULT

  • Waiver of Certain Covenants Except as otherwise specified as contemplated by Section 3.1 for Securities of such series, the Company may, with respect to the Securities of any series, omit in any particular instance to comply with any term, provision or condition set forth in any covenant provided pursuant to Sections 3.1(22), 9.1(2), 8.1, 10.4, 10.5, 10.6, 10.7 or 10.8 for the benefit of the Holders of such series if before or after the time for such compliance the Holders of at least a majority in principal amount of the Outstanding Securities of such series shall, by Act of such Holders, either waive such compliance in such instance or generally waive compliance with such term, provision or condition, but no such waiver shall extend to or affect such term, provision or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in respect of any such term, provision or condition shall remain in full force and effect.

  • Waiver of Certain Rights Each Member irrevocably waives any right it may have to maintain any action for dissolution of the Company or for partition of the property of the Company.

  • Effect of Certain Events (a) If at any time the Company proposes (i) to sell or otherwise convey all or substantially all of its assets or (ii) to effect a transaction (by merger or otherwise) in which more than 50% of the voting power of the Company is disposed of (collectively, a "Sale or Merger Transaction"), in which the consideration to be received by the Company or its shareholders consists solely of cash, the Company shall give the holder of this Warrant thirty (30) days' notice of the proposed effective date of the transaction specifying that the Warrant shall terminate if the Warrant has not been exercised by the effective date of the transaction.

  • Waiver of Certain Damages To the extent permitted by applicable law, each party hereto agrees not to assert, and hereby waives, any claim against any other party hereto, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement or any of the transactions contemplated hereby.

  • Waiver of Certain Defenses No action for the enforcement of the lien hereof or of any provision hereof shall be subject to any defense which would not be good and available to the party interposing the same in an action at law upon the Note or any of the other Loan Documents.

  • Notification of Certain Events Prior to the expiration of this Warrant pursuant to Section 8, in the event that the Company shall authorize:

  • Notice of Certain Events If the Company proposes at any time to:

  • Absence of Certain Events No Event of Default or Potential Event of Default or, to its knowledge, Termination Event with respect to it has occurred and is continuing and no such event or circumstance would occur as a result of its entering into or performing its obligations under this Agreement or any Credit Support Document to which it is a party.

  • Suspension of Certain Obligations The Company shall not be required to comply with the provisions of subsections (f), (g) or (h) of this Section 4 during any period from the time (i) the Agents shall have suspended solicitation of offers for the purchase of Notes in their capacity as agents pursuant to a request from the Company and (ii) no Agent shall then hold any Notes purchased from the Company as principal, as the case may be, until the time the Company shall determine that solicitation of offers for the purchase of Notes should be resumed or an Agent shall subsequently purchase Notes from the Company as principal.

  • Modification of Certain Agreements The Borrower will not, and will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of, or enter into any forbearance from exercising any rights with respect to the terms or provisions contained in,

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