Terms and Conditions of Forbearance. The Lender and the Credit Parties hereby agree that the following terms and conditions shall apply during the Forbearance Period: The Borrower shall reimburse the Lender for the fees and expenses incurred by the Lender, including consultant and attorneys fees, in connection with the preparation of this Agreement, the exercise of its rights and remedies under the Credit Documents, the performance of field examinations and the monitoring and administration of its credit relationship with the Borrower (each, an “Expense Reimbursement”). Any such accounting will be provided in reasonable detail but without the waiver of any attorney-client or similar privilege or right of confidentiality.
Terms and Conditions of Forbearance. Subject to the satisfaction of the Conditions Precedent, and subject to the additional terms and conditions herein, during the period (the “Forbearance Period”) commencing on the Effective Date and ending on the earlier to occur of (a) August 15, 2008; or (b) the date that any Forbearance Default (defined below) occurs, Bank will forbear in the exercise of its rights and remedies under the Loan Documents and applicable law with respect to the Existing Defaults. As of the Effective Date, so long as a Forbearance Default has not occurred and is continuing, the outstanding principal amount under the Revolving Facility shall not be due and payable during the Forbearance Period.
Terms and Conditions of Forbearance. As additional consideration for each Purchaser’s agreement to enter into this Agreement, the Peregrine Parties and the Purchasers agree to the following terms and conditions which, to the extent that they are inconsistent with the terms of any Purchase Document, shall modify such Purchase Document as specifically set forth below; provided, however, that all terms and conditions of the Purchase Documents not specifically modified in this Agreement shall remain in full force and effect in accordance with their original terms:
Terms and Conditions of Forbearance. Subject to the satisfaction ----------------------------------- of the Conditions Precedent, and subject to the additional terms and conditions herein, during the period (the "Forbearance Period") commencing on the date hereof and ending on the earlier to occur of (a) January 1, 2002; or (b) the date that any Forbearance Default (defined below) occurs, Bank will forbear in the exercise of its rights and remedies under the Loan Documents and applicable law with respect to the Existing Defaults.
Terms and Conditions of Forbearance. Bank's agreement to forbear from exercising its rights and remedies by reason of the Existing Default as set forth herein is subject to the following:
Terms and Conditions of Forbearance
