Forbear definition
Forbear. “forborne,” or “forbearance” means the complete curtailment of all or part of the right to make withdrawals of the pledged amount under Section 3(a) during a Forbearance Year under the Permit under the terms of this Agreement.
Forbear or “Forbearance” means to restrain, or the exercise of restraint, from asserting a water right’s Aboriginal Priority Date.
Forbear means to refrain from accelerating the Loans or other Obligations or exercising remedies, whether arising by contract, at law or in equity, under the Loan Documents or otherwise, against the Borrowers or Collateral or Additional Security or withdrawing or freezing funds in deposit or other accounts pursuant to set-off rights, rights to charge such accounts or other similar rights, whether arising under the Loan Documents (including Section 1.6(c) (Authorization to Charge Accounts) or 12.18 (Set-Off) of the Credit Agreement) or otherwise or taking similar action or demanding that the Borrowers comply with
Examples of Forbear in a sentence
Oral Agreements Or Oral Commitments To Loan Money, Extend Credit, Or To Forbear From Enforcing Repayment Of A Debt Are Not Enforceable Under Washington Law.
If Borrower is resident of Washington: Oral Agreements Or Oral Commitments To Loan Money, Extend Credit, Or To Forbear From Enforcing Repayment Of A Debt Are Not Enforceable Under Washington Law.
Subject to the provisions of Section 5 (Conditions/Additional Undertakings) below, each of the undersigned in their capacity as Lender, a Swap Party or other Secured Party, hereby agree to Forbear through May 19, 2000, notwithstanding any Specified Defaults.
Forbear the satisfaction of any unsatisfied conditions and consummate the Closing.
So long as no Forbearance Event of Default shall have occurred and be continuing, during the Forbearance Period the Administrative Agent and the Lenders agree to Forbear.
More Definitions of Forbear
Forbear shall describe Participant’s deliberate act to not divert water otherwise available for diversion under Diversion Number [of the Decree,] to allow said water to flow past the authorized point of diversion and remain instream.
Forbear means that the MSA will not pursue enforcement action with respect to the suspected contravention, including that the matter will not be made public.
Forbear shall each have the meaning given to it in Section 7.02.
Forbear means the agreement of the Lenders under the Forbearance Agreement to forbear from (i) accelerating or demanding immediate payment of the Obligations, (ii) exercising remedies under the Credit Agreement, the Hedging Agreements or other Loan Documents, and (iii) terminating the Commitments or exercising the rights afforded to the Administrative Agent and the Lenders under the Credit Agreement or other Loan Documents to cease to make further Loans to the Borrower (provided that the Borrower shall satisfy the conditions to funding such Loans (as modified in the Forbearance Agreement)). "Forbearance Agreement" shall mean the Forbearance and Amendment Agreement dated as of January 29, 2002, among the Parent, Heat Holdings II, the Borrower, the Lenders, the Lead Arranger, the Issuer, the Administrative Agent and the Documentation Agent, as the same may from time to time be amended, modified, supplemented and/or restated. 3 <PAGE> "Forbearance Event of Default" shall have the meaning ascribed to such term in Section 8 of the Forbearance Agreement. "Forbearance Fee" shall have the meaning ascribed to such term in Section 5 of the Forbearance Agreement. "Forbearance Period" shall mean the period commencing on January 29, 2002 and expiring on May 31, 2002; or, such earlier date on which the Lenders' agreement to Forbear shall terminate. "Guarantors" shall mean the collective reference to the Parent, Heat Holdings II and the Subsidiary Guarantors. "Specified Defaults" shall have the meaning given to such term in the recitals to the Forbearance Agreement. "Subsidiary Guarantors" shall mean the collective reference to each Subsidiary that has executed a Subsidiary Guarantee. "Trustee" shall mean Bankers Trust Company as trustee under the Indenture (or any successor trustee). "Valuation Expert" shall have the meaning ascribed thereto in Section 5.14(b). (ii) Deleting the definition of "Commitments" in its entirety and replacing it with the following: "Commitments" shall mean, prior to the Closing Date, the collective reference to the Term Loan Commitments (and, after the Closing Date, the Term Loans) and the Revolving Credit Commitments.
Forbear means that the MSA will not pursue or take any action with respect to the suspected contravention, including not making anything public with respect to the event.
Forbear means the agreement of the Lenders under the Forbearance Agreement to forbear from (i) accelerating or demanding immediate payment of the Obligations, (ii) exercising remedies under the Credit Agreement, the Hedging Agreements or other Loan Documents, and (iii) terminating the Commitments or exercising the rights afforded to the Administrative Agent and the Lenders under the Credit Agreement or other Loan Documents to cease to make further Loans to the Borrower (provided that the Borrower shall satisfy the conditions to funding such Loans (as modified in the Forbearance Agreement)).
Forbear shall each have the meaning given to it in Section 7.02. “Forbearance Termination Event” shall have the meaning given to it in Section 7.06(a). “Foreclose” and “Foreclosure” shall have the meanings given to them in Section 6.08(a). “Indebtedness” means, with respect to any Person, (a) all Primary Indebtedness and (b) all Third Party Indebtedness.