Forbearance Termination Event Sample Clauses

Forbearance Termination Event. The forbearance set forth in Section 6.02 shall terminate upon the earliest to occur of the following: (a) The failure of the Maker to complete the Public Offering by April 15, 2023; and /or (b) The failure of the Maker to pay the Mandatory Prepayment Amounts as provided for in Section 6.02. (each a “Forbearance Termination Event”).

Forbearance Termination Event. Any of the following shall constitute a “Forbearance Termination Event” hereunder: (a) Expiration of the Forbearance Period on the date specified in Section 4(b)(i); (b) The failure by the Borrower Parties to make any payment required under this Agreement, or to duly perform and observe any other agreement, covenant, term or condition set forth in this Agreement, in each case, as and when due, without further notice or demand; (c) Any representation or warranty made by any Borrower Party contained in this Agreement or any Loan Document proves to be incorrect or untrue in any material respect, or any Borrower Party repudiates or denies the truth of any acknowledgments set forth in this Agreement; (d) The occurrence or existence of any default or Event of Default under any of the Loan Documents, and the failure of the Borrower to cure such default within any cure period applicable thereto set forth in the Loan Documents, excluding the Stated Defaults; (e) A Material Adverse Effect, other than the occurrence of the Stated Defaults, shall occur; or (f) Any Borrower Party shall file a voluntary petition under the Bankruptcy Reform Act of 1978, as amended, 11 U.S.C. § 101 et seq. (the “Bankruptcy Code”), or any involuntary petition under the Bankruptcy Code shall be filed against any Borrower Party; or any Borrower Party shall become the subject of any dissolution, liquidation, or insolvency proceeding or any other similar proceeding pursuant to any local, state, federal, or other insolvency laws or other laws providing for relief of debtors.

Forbearance Termination Event. Notwithstanding any other provision of this Forbearance Agreement to the contrary, the Agent will proceed with preparations to implement a Cash Management Event, and the Credit Parties will cooperate fully with the Agent in making those preparations.

Forbearance Termination Event. As used herein, a "Forbearance Termination Event" shall mean the occurrence of any of the following: (a) any Default or Event of Default under the Credit Documents other than the Acknowledged Events of Default, (b) a breach by the Credit Parties of any of the provisions of this Agreement, and (c) March 31, 2006.

Forbearance Termination Event. The Bank's obligation to forbear the exercise of any of the rights and remedies under any of the Loan Documents (all of which rights and remedies are hereby expressly reserved by Bank) shall terminate automatically, without notice, upon the occurrence of a Forbearance Termination Event. The term "Forbearance Termination Event" shall mean: (a) the existence or occurrence of any default or Event of Default under any of the Loan Documents other than the Acknowledged Events of Default; (b) a breach by Borrower or any of the Guarantors of any term, condition, covenant, representation or warranty of this Third Forbearance; or (c) the occurrence of the Forbearance Termination Date.

Forbearance Termination Event. As used herein, a “Forbearance Termination Event” shall mean the occurrence of any of the following: (i) any failure by any Loan Party to comply with any of the material terms of this Agreement, (ii) any Default or Event of Default under the First Lien Credit Agreement or any other Loan Document other than the Specified Defaults, (iii) the commencement of any lawsuit or proceeding, or the exercise of any remedies with respect to the Collateral, by any of the lenders or the administrative or collateral agent under the Second Lien Credit Agreement, dated as of January 22, 2007, among Holdings, Borrower, the lender parties thereto and Credit Suisse, as administrative agent (as amended, restated, supplemented, waived or otherwise modified from time to time, the “Second Lien Credit Agreement”), (iv) the commencement of any lawsuit or proceeding by a holder or holders or on behalf of the holders of the Subordinated Notes against any of the Loan Parties to receive payments in connection with such Notes, (v) any payment shall be made by any Loan Party or any subsidiary of any of them (a) in cash in respect of any Indebtedness pursuant to the Second Lien Credit Agreement, other than with respect to reimbursement of out-of-pocket costs and expenses of the administrative agent under the Second Lien Credit Agreement, (b) in respect of any Indebtedness pursuant to the Subordinated Notes, (c) to the Sponsor or any Sponsor Related Parties, whether in respect of dividends or management fees or for any other purpose; provided, that the Loan Parties can make payments to the Sponsor or any Sponsor Related Parties for the reimbursement for expenses up to $5,000 in the aggregate during the Forbearance Period, (d) to members of any Loan Party’s management of an extraordinary nature, including, without limitation, bonuses or other forms of additional cash compensation, or (e) in respect of obligations under or in respect of any F/X hedge agreement, upon and following the termination of any such F/X hedge agreement, or (vi) midnight on June 16, 2009. The period from the date hereof to (but excluding) the date that a Forbearance Termination Event occurs shall be referred to as the “Forbearance Period”.

Forbearance Termination Event. The occurrence of a “Forbearance Termination Event” under and as defined in the Bank Forbearance Agreement or the Notes Forbearance Agreement; or

Forbearance Termination Event. As used herein, a “Forbearance Termination Event” shall mean the earliest to occur of (a) any Event of Default under any of the Loan Documents other than the Existing Events of Default, (b) a breach by the Borrower of any term or condition of this Agreement, and (c) August 13, 2010. The period from the date hereof to (but excluding) the date that a Forbearance Termination Event occurs shall be referred to as the “Forbearance Period.” The provisions and agreements set forth in this Agreement shall not establish a custom or course of dealing or conduct between the Lender and the Borrower.

Forbearance Termination Event. As used herein, a "Forbearance Termination Event" shall mean the earliest to occur of: (a) any Event of Default under any of the Loan Documents other than the Acknowledged Events of Default; (b) any Default under any of the Loan Documents, provided that a Default under the Loan Documents shall constitute a Forbearance Termination Event hereunder only if it remains uncured after the earlier of (i) the expiration of any cure period provided under the applicable Loan Document, (ii) ten (10) days from the date that the Default first existed, and (iii) December 31, 2001; (c) a breach by the Borrower of any term or condition of this Agreement; and (d) December 31, 2001. The period from the Closing Date to (but excluding) the date that a Forbearance Termination Event occurs shall be referred to as the "Forbearance Period".