Examples of Limited Waiver and Amendment in a sentence
Each existing shareholder of Oerlikon will be allotted 19 Rights for each existing share held on or about 21 May 2010 after close of trading.
Each of the Guarantors shall have executed and delivered to the Administrative Agent the Consent of Guarantors attached to this Limited Waiver and Amendment.
Except as amended by this Limited Waiver and Amendment, all the provisions of the Credit Agreement remain in full force and effect from and after the date hereof, and the Borrower hereby ratifies and confirms the Credit Agreement and each of the documents executed in connection therewith.
This Limited Waiver and Amendment has been duly and validly executed and delivered by the Borrower and constitutes its legal, valid and binding obligation, enforceable against the Borrower in accordance with its terms.
In addition, as further security for payment and performance of the obligations under the Credit Agreement and as consideration for the Administrative Agent's and the Lenders' agreement to enter into this Limited Waiver and Amendment, the Borrower hereby further agrees to grant a perfected pledge and security interest in any additional collateral as the Collateral Agent may reasonably request.
This Limited Waiver and Amendment shall be limited precisely as written and shall not be deemed (a) to be a consent granted pursuant to, or a waiver or modification of, any other term or condition of the Credit Agreement or any of the instruments or agreements referred to therein or (b) to prejudice any right or rights which the Administrative Agent or the Lenders may now have or have in the future under or in connection with the Credit Agreement or any of the instruments or agreements referred to therein.
All capitalized terms used in this Limited Waiver and Amendment which are not otherwise defined shall have the meanings given to those terms in the Credit Agreement, except where such terms are amended herein.
From and after the date hereof, all references in the Credit Agreement to "this Agreement", "hereof", "herein", or similar terms, shall refer to the Credit Agreement as amended by this Limited Waiver and Amendment.
Borrower also ratifies and confirms that the Security Documents remain in full force and effect in accordance with their terms and are not impaired or affected by this Limited Waiver and Amendment.
The Borrower shall deliver to the Administrative Agent a certificate of a Financial Officer certifying that, after giving effect to this Limited Waiver and Amendment, no Default or Event of Default shall exist and each of the representations and warranties made by the Borrower or any of its Subsidiaries herein and in or pursuant to the Transaction Documents shall be true and correct in all material respects as if made on and as of the date on which this Limited Waiver and Amendment becomes effective.