Default Waiver

Default Waiver. Compliance by Borrower with Sections 7.18, 7.19 and 7.20 of the Loan Agreement only (collectively, the "Specified Defaults") for the period beginning May 15, 2002 to and including September 5, 2002; provided that upon Lender's receipt of the Transaction Documents, the foregoing waiver shall be automatically extended (and shall, thereafter, be deemed to have been extended effective as of such date without further action of the parties) until the earlier of (x) October 31, 2002 and (y) the... Transaction Closing Date (as defined below). View More

Default Waiver. The waivers set forth in this Section 2 (the "Default Waiver") are limited to the extent specifically set forth in the sentence above and no other terms, covenants or provisions of the Credit Agreement or any other Loan Document are intended to be affected hereby.