Financial Covenant Defaults

Financial Covenant Defaults. Effective as of the date hereof, upon the satisfaction of the conditions precedent set forth in Section Four hereof, and subject to the satisfaction of the conditions subsequent set forth in Section Five hereof, the Lenders hereby waive the Financial Covenant Defaults and any breach by the Companies of any representations and warranties set forth in the Financing Agreement or any other Loan Document to which they are a party solely as a... result of the foregoing (each such breach, together with the Financial Covenant Defaults, the "Designated Defaults") as Events of Default; provided, however, nothing contained herein shall constitute a waiver by the Lenders of any other Event of Default, whether or not they have any knowledge thereof, nor shall anything contained herein constitute a waiver of any future Event of Default whatsoever. View More