Common use of Existing Defaults Clause in Contracts

Existing Defaults. The Company acknowledges the existence of certain defaults and Events of Default under the Purchase Agreement and the Transaction Documents. The Company agrees that by entering into this Agreement, neither ▇▇▇▇▇▇ is waiving any rights it may have arising under such existing defaults and Events of Default, the Purchase Agreement, or the Transaction Documents.

Appears in 4 contracts

Sources: Forbearance Agreement (Digiasia Corp.), Extension Agreement (Crown LNG Holdings LTD), Forbearance Agreement (Digiasia Corp.)

Existing Defaults. The Company acknowledges the existence of certain defaults and Events of Default under the Purchase Agreement and the Transaction Documents. The Company agrees that by entering into this Agreement, neither H▇▇▇▇▇ is waiving any rights it may have arising under such existing defaults and Events of Default, the Purchase Agreement, or the Transaction Documents.

Appears in 1 contract

Sources: Third Forbearance Agreement (Digiasia Corp.)