Examples of Limited Consent in a sentence
This Limited Consent constitutes the legal, valid and binding obligation of each Obligor, and is enforceable against each Obligor in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws relating to the enforcement of creditors’ rights generally and by general equitable principles.
Each Obligor acknowledges that the foregoing release is a material inducement to Jxxxxxx’x decision to enter into this Limited Consent and to agree to the modifications contemplated hereunder.
The execution, delivery and effectiveness of this Limited Consent shall not operate as a waiver of any right, power or remedy of Jxxxxxx, nor constitute a waiver of any provision of the Note Purchase Agreement, the Jxxxxxx Note, or any other documents, instruments and agreements executed or delivered in connection with any of the foregoing, except as set forth above.
Capitalized terms used in this Limited Consent and not otherwise defined shall have the meaning ascribed to such terms in the Note Purchase Agreement.
This Limited Consent (together with any other document executed in connection herewith) is not intended to be, nor shall it be construed as, a novation of the Note Purchase Agreement or the Jxxxxxx Note or any other documents, instruments and agreements executed or delivered in connection with any of the foregoing.
Any reference to the Limited Consent and Forbearance Agreement and the Loan Agreement contained in any notice, request, certificate, or other document executed concurrently with or after the execution and delivery of this Agreement shall be deemed to include this Agreement unless the context shall otherwise require.
Provided, however, that with respect to the Membership Interests of any Borrower in Parkdale America, LLC, the pledge thereof shall be subject to requirements and limitations set forth in that certain Limited Consent to Permit Encumbrance of Membership Interest for Collateral Security Purposes, dated as of May 15, 2006, among Unifi Manufacturing Inc., Parkdale Xxxxx Incorporated, the Agent and the Trustee.
The agreements set forth herein are limited to the specifics hereof, shall not apply with respect to any facts or occurrences other than those on which the same are based, shall not excuse future non-compliance under the Limited Consent and Forbearance Agreement, the Loan Agreement or other Loan Documents, and shall not operate as a consent to any further or other matter, under the Loan Documents.
The Borrower, the Ultimate Parent, the Subsidiaries of the Ultimate Parent parties thereto, the Administrative Agent, the Syndication Agent, the Documentation Agent, and the several Banks parties thereto entered into that certain Credit Agreement dated as of January 12, 2001 (as amended by that certain First Amendment to Credit Agreement and Limited Consent dated as of May 17, 2001, the "Existing Credit Agreement").
The Agent has executed this Limited Consent as directed under and in accordance with the Loan Agreement and will perform this Limited Consent solely in its capacity as Agent hereunder, and not individually.