Existing Defaults definition

Existing Defaults means (i) all Existing Defaults (as that term is defined in the Forbearance Agreements) and defaults with respect to other matters stated in the Forbearance Agreements, and (ii) the 2005 Tax Default.

Existing Defaults means, collectively, the Events of Default identified on Exhibit A hereto.

Existing Defaults means:

Examples of Existing Defaults in a sentence

• Upon expiration, if the Existing Defaults have not been cured, Lender may pursue and enforce any and all of its remedies against the Borrower, including, without limitation, the imposition of default interest retroactive to , 20 .

• Borrower will not assert and hereby forever waives any right to assert that Lender is obligated in any way to continue beyond the Forbearance Period to forbear from enforcing its rights or remedies or that Lender is not entitled to act on the Existing Defaults after the termination of the Forbearance Period as if such default had just occurred and the Forbearance Period had never existed.

• The execution of this Agreement and acceptance of any documents related hereto shall not be deemed to be a waiver of any event of default (including the Existing Defaults) under any of the Loan Documents, whether or not known to Lender and whether or not existing on the date of this Agreement.

• The period of time from the date of this Agreement until the termination of Lender’s forbearance as provided in the previous sentence is referred to herein as the “Forbearance Period.” If this Agreement is terminated by reason of item (i) or (ii), above, then Lender may exercise all of its rights on account of all Existing Defaults, as well as any additional Events of Default, including, without limitation, the imposition of default interest retroactive to , 20 .

• Borrower acknowledges that Lender is not waiving the Existing Defaults, but is simply agreeing to forbear from exercising its rights with respect to the Existing Defaults to the extent expressly set forth in this Agreement.

More Definitions of Existing Defaults

Existing Defaults means the Events of Default more particularly identified on Exhibit A hereto.

Existing Defaults means, collectively, the Events of Default identified as Existing Defaults on Exhibit A hereto.

Existing Defaults has the meaning specified in the Recitals to this Agreement.

Existing Defaults means, collectively, the Events of Default identified on Exhibit B hereto.

Existing Defaults has the meaning ascribed to such term in the Forbearance Agreement.

Existing Defaults means the Events of Default that have occurred and are continuing through the date hereof and that are particularly identified on Exhibit A hereto.

Existing Defaults means all events of default under the Amended Loan Agreement which are outstanding and known by the Bank on the date hereof.