Common use of No Waiver of Existing Defaults Clause in Contracts

No Waiver of Existing Defaults. No Default or Event of Default exists immediately after giving effect to this First Amendment. Nothing in this First Amendment nor any communication between any Secured Party, any Credit Party or any of their respective officers, agents, employees or representatives shall be deemed to constitute a waiver of (i) any Default or Event of Default arising as a result of the foregoing representation proving to be false or incorrect in any material respect, or (ii) any rights or remedies which any Secured Party has against any Credit Party under the Credit Agreement or any other Credit Document and/or applicable law, with respect to any such Default or Event of Default arising as a result of the foregoing representation proving to be false or incorrect in any material respect.

Appears in 4 contracts

Sources: Credit Agreement, Credit Agreement (Stonemor Partners Lp), Credit Agreement (Stonemor Partners Lp)

No Waiver of Existing Defaults. No Default or Event of Default exists immediately after giving effect to this First Second Amendment. Nothing in this First Second Amendment nor any communication between any Secured Party, any Credit Party or any of their respective officers, agents, employees or representatives shall be deemed to constitute a waiver of (i) any Default or Event of Default arising as a result of the foregoing representation proving to be false or incorrect in any material respect, or (ii) any rights or remedies which any Secured Party has against any Credit Party under the Credit Agreement or any other Credit Document and/or applicable law, with respect to any such Default or Event of Default arising as a result of the foregoing representation proving to be false or incorrect in any material respect.

Appears in 2 contracts

Sources: Credit Agreement (Stonemor Partners Lp), Credit Agreement (Stonemor Partners Lp)

No Waiver of Existing Defaults. No Default or Event of Default exists immediately before or immediately after giving effect to this First Amendment. Nothing in this First Amendment nor any communication between any Secured Partythe Purchasers, any Credit Party or any of their respective officers, agents, employees or representatives shall be deemed to constitute a waiver of (i) any Default or Event of Default arising as a result of the foregoing representation proving to be false or incorrect in any material respect, ; or (ii) any rights or remedies which any Secured Party has the Purchasers have against any Credit Party under the Credit Agreement Agreement, or any other Credit Document Finance Document, and/or applicable law, with respect to any such Default Default, or Event of Default Default, arising as a result of the foregoing representation proving to be false or incorrect in any material respect.

Appears in 1 contract

Sources: Note Purchase Agreement (Stonemor Partners Lp)

No Waiver of Existing Defaults. No Default or Event of Default exists immediately before or immediately after giving effect to this First Second Amendment. Nothing in this First Second Amendment nor any communication between any Secured Party, any Credit Party or any of their respective officers, agents, employees or representatives shall be deemed to constitute a waiver of (i) any Default or Event of Default arising as a result of the foregoing representation proving to be false or incorrect in any material respect, or (ii) any rights or remedies which any Secured Party has against any Credit Party under the Credit Agreement or any other Credit Document and/or applicable law, with respect to any such Default or Event of Default arising as a result of the foregoing representation proving to be false or incorrect in any material respect.

Appears in 1 contract

Sources: Credit Agreement (Stonemor Partners Lp)