Waiver Termination Date definition

Waiver Termination Date means the earlier of:
Waiver Termination Date means the earliest to occur of (i) 5:00 p.m. (Chicago time) on January 31, 2008 and (ii) the date on which the Administrative Agent delivers to the Borrower a notice terminating the Waiver Period, which notice may be delivered upon the direction of the Required Lenders acting in their sole discretion at any time (a) following the occurrence and during the continuation of a Waiver Default or (b) following the occurrence of a Special Termination Event.
Waiver Termination Date means the earlier to occur of (i) a Matured Cross Default and

Examples of Waiver Termination Date in a sentence

  • Each Loan Party further acknowledges and agrees that on the Forbearance and Waiver Termination Date all of the conditions precedent to Credit Extensions contained in the Credit Agreement with respect to the absence of the Specified Defaults shall be reinstated automatically, ab initio, without further action by the Administrative Agent or any of the Lenders.

  • Upon the Forbearance and Waiver Termination Date, (i) the Forbearance and Limited Waiver of Conditions Precedent shall terminate automatically and be of no further force or effect, and (ii) subject to the terms of the Loan Documents and applicable law, the Administrative Agent and each Lender shall be free in its sole and absolute discretion, without limitation, to proceed to enforce any or all of its rights and remedies set forth in the Credit Agreement, the other Loan Documents and applicable law.

  • The waiver by the Lenders described in this Section 2 is temporary in nature and such Potential Default shall, unless otherwise waived by the Majority Lenders, be immediately and automatically reinstated on the Waiver Termination Date and shall constitute an “Event of Default” under the Credit Agreement and the other Credit Documents.

  • Each Credit Party hereby further agrees and acknowledges that (i) the Potential Default has not been permanently waived as a result of this Agreement and that such waiver is temporary in nature, and (ii) from and after the Waiver Termination Date, all rights and remedies of the Lenders enjoined as a result of this Section 2 shall, unless otherwise waived by the Majority Lenders, be reinstated.

  • The waiver set forth in this Section 3(a) is temporary in nature and the Existing Defaults and the Swap Default shall, unless otherwise agreed to in writing by the Requisite Lenders and MUFG LTD, respectively, be immediately and automatically reinstated on the Waiver Termination Date and shall constitute an “Event of Default” under the Credit Agreement and the other Loan Documents and the Swap Contracts.


More Definitions of Waiver Termination Date

Waiver Termination Date means the date that is 180 days following the consummation of the IPO.
Waiver Termination Date means March 1, 2002. -----------------------
Waiver Termination Date means the earlier to occur of (a) November 15, 2002 and (b) the date on which the Second Collateral Call Extension Letter terminates in accordance with paragraph 6 thereof.
Waiver Termination Date means the earliest to occur of (i) 5:00 p.m. (Chicago time) on May 1, 2008 and (ii) the date on which the Administrative Agent delivers to the Borrower a notice terminating the Waiver Period, which notice may be delivered upon the direction of the Required Lenders acting in their sole discretion at any time (a) following the occurrence and during the continuation of a Waiver Default or (b) following the occurrence of a Special Termination Event.
Waiver Termination Date means October 1, 2004.”; and
Waiver Termination Date has the meaning set forth in Section 2(c)
Waiver Termination Date means October 31, 1999; provided that if on ----------------------- -------- or prior to October 31, 1999 the Borrower has entered into an agreement or understanding evidenced in a manner reasonably satisfactory to the Administrative Agent with the holders of the Senior Subordinated Notes pursuant to which the Senior Subordinated Notes will be restructured the Waiver Termination Date shall be extended to no later than November 16, 1999.