Waiver to the Credit Agreement. The Borrower hereby requests that the Required Lenders waive as of the date first written above, and by their signature on the signature pages hereto, the Required Lenders hereby waive as of the date first written above, subject to the satisfaction of the conditions precedent set forth in Section 3, maintenance of the Total Leverage Ratio and the Senior Leverage Ratio set forth in Sections 5.04(a)(i) and (ii) of the Credit Agreement, respectively, in each case for the Rolling Period ending during October 1999.
Waiver to the Credit Agreement. The Lenders hereby waive, for the --------------------------------- period from the Effective Date to and including the Waiver Termination Date only, any Default or Event of Default occurring solely due to the nonpayment of interest by the Borrower with respect to the Senior Subordinated Notes.
Waiver to the Credit Agreement. The Required Lenders (as defined in the Credit Agreement) hereby waive the prior notice and minimum amount requirements in respect of the borrowings of Loans set forth in Sections 2.3 and 4.2(d) of the Credit Agreement solely in respect of the borrowings on the Replacement Facilities Effective Date.
Waiver to the Credit Agreement. Subject to the satisfaction of the conditions precedent set forth in Section 4 below, as of the Amendment and Waiver Effective Date, the Lenders hereby waive compliance with Section 6.01(a) of the Credit Agreement solely with respect to the fiscal year of the Borrower ended December 31, 2013; provided that the foregoing waiver shall not be deemed to modify or affect the obligations of the Borrower and its Subsidiaries to comply with each and every obligation, covenant, duty, or agreement under the Credit Agreement and the other Loan Documents, in each case as amended, restated, supplemented or otherwise modified, from and after the date hereof (after giving effect to this Amendment and Waiver).
Waiver to the Credit Agreement. Effective as of the date ------------------------------ hereof and subject to the satisfaction of the conditions precedent set forth in Section 5, the Lender Parties hereby agree to waive:
Waiver to the Credit Agreement. 1. Notwithstanding anything to the contrary contained in the Credit Agreement, the Lenders hereby waive the Specified Events of Default so long as no other Default or Event of Default exists (or hereafter arises) under the Credit Agreement; provided that such waiver of the Specified Events of Default shall cease to be of any force or effect (v) on the Business Day immediately following the first Quarterly Payment Date in 2009 (the “Waiver Termination Date”), at which time each Specified Event of Default then existing under the Credit Agreement will constitute an immediate Event of Default under the Credit Agreement without regard to this Second Waiver, (w) at any time on or after the date hereof and prior to the Waiver Termination Date, a Default or an Event of Default (other than the Specified Events of Default) exists under the Credit Agreement, at which time each Specified Event of Default then existing under the Credit Agreement will constitute an immediate Event of Default under the Credit Agreement without regard to this Second Waiver, (x) at any time on or after the date hereof and prior to the Waiver Termination Date, any of the holders of the PD LLC Notes shall take any action to enforce their rights or remedies under any of the PD LLC Notes Documents or applicable law, at which time each Specified Event of Default then existing under the Credit Agreement will constitute an immediate Event of Default under the Credit Agreement without regard to this Second Waiver, (y) on January 5, 2009 if the Borrower fails to deliver the audited annual financial statements and related compliance certificate required to be delivered pursuant to Sections 9.01(b) and (e) of the Credit Agreement in respect of the fiscal year of the Borrower ended September 28, 2008 on or prior to such date (although said audited financial statements may have a “going concern” qualification to the extent provided above in this Second Waiver), at which time each Specified Event of Default then existing under the Credit Agreement will constitute an immediate Event of Default under the Credit Agreement without regard to this Second Waiver and (z) on the earlier to occur of (I) the date that Pulitzer delivers the audited annual financial statements of Pulitzer and its Subsidiaries and related compliance certificates required to be delivered pursuant to Section 4.1(ii) of the PD LLC Notes Guaranty and Section 5A(ii) of the PD LLC Notes Agreement in respect of the fiscal year of Pulitzer e...
Waiver to the Credit Agreement. 1. Notwithstanding anything to the contrary contained in Section 9.01(b) of the Credit Agreement, each of the undersigned Lenders hereby waives any Default or Event of Default arising from the fact that the annual financial statements of Trico Marine Services, Inc. delivered pursuant to Section 9.01(b) of the Credit Agreement were not certified on an unqualified basis in regard to going concern for the fiscal year ending December 31, 2009.
Waiver to the Credit Agreement. 2.1 Subject to the satisfaction of the conditions set forth in Section 4, (i) each Euro Term Consenting Lender hereby agrees to the Repricing Prepayment Waiver and (ii) each Revolving Lender party hereto hereby agrees to the Notice Waiver.
Waiver to the Credit Agreement. The Lenders hereby waive during the period from and including June 30, 2005 to but excluding September 30, 2005 (such period, the “Waiver Period”), compliance by the Borrower with the Consolidated Leverage Ratio set forth in Section 7.1(a) of the Credit Agreement and the Consolidated Interest Coverage Ratio set forth in Section 7.1(b) of the Credit Agreement.
Waiver to the Credit Agreement. The Borrower hereby requests that the Required Lenders waive, and by their signature on the signature pages hereto, the Required Lenders hereby waive as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 4: (a) maintenance of the Total Leverage Ratio less than or equal to the ratio set forth in Section 5.04(a) for the Rolling Period ending in June 1999; (b) maintenance of the Senior Leverage Ratio less than or equal to the ratio set forth in Section 5.04(a) for the Rolling Period ending in June 1999; and (c) maintenance of the Interest Coverage Ratio less than or equal to the ratio set forth in Section 5.04(c) for the Rolling Period ending in June 1999.
