Termination of Forbearance. Upon the occurrence of any Termination Event (as defined below) and at any time after such occurrence during which a Termination Event is continuing, the Agents are entitled to, without prior notice to the Credit Parties, immediately terminate the Forbearance Period, unless such Termination Event is an Event of Default described in Section 12.1(C) of the Credit Agreement, in which case the Forbearance Period automatically terminates without demand or notice of any kind. For purposes of this Amendment, "Termination Event" means:
Termination of Forbearance. If any one or more of the Termination Events occur, Lender's agreement to forbear as set forth in Section 3 of this Amendment No. 5 shall, at Lender's election, upon written notice to or demand upon Borrowers (it being agreed by the parties that such notice may be delivered by facsimile with a copy to Borrowers' counsel), terminate and Lender shall thereupon have and may exercise from time to time all of the remedies available to it under the Loan Agreements and applicable law as a consequence of an Event of Default, without further notice, demand or presentment.
Termination of Forbearance. Upon the occurrence of any Forbearance Termination Event, this Forbearance Agreement and the forbearance provided for herein shall immediately and automatically terminate (such date of termination, the “Termination Date”), as if this Forbearance Agreement had not been entered into on the date hereof.
Termination of Forbearance. The Forbearance shall commence on the date hereof and continue until the earlier of (a) the Forbearance End Date, and (b) the date on which any of the following events shall occur:
Termination of Forbearance. On and after the termination of the Forbearance Period, the Holder's agreement hereunder to forbear shall terminate automatically without further act or action by the Holder. The Company expressly acknowledges and agrees that the effect of such termination will be to permit the Holder to exercise immediately any and all Remedies available to them under the Documents and this Forbearance Agreement, at law, in equity or otherwise, without any further lapse of time, expiration of applicable grace periods, or (except as otherwise required under provisions of applicable law that cannot be waived) requirements of demand, presentment, or notice, all of which are expressly waived by the Company, and to the same extent as if the Holder had not agreed to forbear in this Forbearance Agreement. The Holder shall have no obligation whatsoever after the termination of the Forbearance Period to extend the maturity of the Indebtedness owed under the Documents, waive any Events of Default or Defaults, defer any payments, or further forbear from exercising their rights and Remedies.
Termination of Forbearance. (a) The occurrence of any of the following events or circumstances shall constitute a termination event with respect to the Limited Forbearance (each, a “Termination Event”):
Termination of Forbearance. Summit's agreement to forbear shall automatically terminate, without any notice to Client or Guarantors or any right to cure, upon the earlier of (i) November 9,2009, or (ii) upon the occurrence of any of the following:
Termination of Forbearance. This Amendment does not constitute a waiver or forbearance with respect to any Default other than the Existing Defaults. In the event that prior to December 14, 1998 any further Defaults occur under the Credit Agreement (i.e., other than the Existing Defaults), then the Agent and the Banks shall have the right and option, in their discretion and without notice to Borrower or any Obligated Party, to (i) terminate the Forbearance, (ii) refuse to extend additional credit to Borrower under the Loan Documents, (iii) prohibit Borrower from Converting and Continuing Accounts and (iv) exercise any and all of the rights and remedies under the Loan Documents or otherwise arising as a result of such Existing Defaults (the earlier of December 14, 1998 or the date of the termination of the Forbearance under this Section 3.2, herein the "Forbearance Termination Date").
Termination of Forbearance. The General Partner’s agreement in Section 1 hereof and the remainder of this Agreement shall terminate at such time as the General Partner and its Affiliates collectively hold less than 75% of the Common Units then Outstanding (assuming the full conversion of Class C Units held by the General Partner and its Affiliates), in which event the Limited Call Right will be exercisable in accordance with the Partnership Agreement.
Termination of Forbearance. Upon the expiry of the Forbearance Period, this Agreement shall terminate and, in the event the Repayment of the Notes has not occurred by such time, any and all rights existing under the Notes shall remain vested in Vector as if this Agreement had never existed.
