Limited Waiver. In reliance upon the representations and warranties of the Borrowers set forth in this Seventh Amendment, notwithstanding anything to the contrary in the Credit Agreement, Lender hereby waives (the "Limited Waiver") the Event of Default resulting from the Loan Parties failure to obtain the minimum Fixed Charge Coverage Ratio required by [Section 8.12(a)] of the Credit Agreement as of the last day of the Measurement Periods ended September 30, 2017 and October 31, 2017 (collectively, the "2017 FCCR Event of Default") which 2017 FCCR Event of Default resulted, in part, from the Canadian Revolving Credit Facility previously being capped at $4,000,000. Lender hereby acknowledges and agrees that upon the effectiveness of the Limited Waiver by its execution and delivery of this Seventh Amendment, a Reporting Trigger Period has not commenced or is occurring due to the 2017 FCCR Event of Default and the Borrowers are therefore not subject to any requirements to terminate an existing Reporting Trigger Period. This Limited Waiver only pertains to the 2017 FCCR Event of Default and shall not be deemed to constitute a waiver or consent to any other matter except as specifically set forth herein.
Limited Waiver. In reliance upon the representations and warranties of the Borrowers set forth in this Eighth Amendment, notwithstanding anything to the contrary in the Credit Agreement, Lender hereby waives (the “Limited Waiver”) the Event of Default resulting from the Loan Parties’ failure to obtain the minimum Canadian availability required by [Section 8.12(c)] of the Credit Agreement as of April 30, 2018 (the “2018 Canadian Availability Event of Default”). This Limited Waiver only pertains to the 2018 Canadian Availability Event of Default and shall not be deemed to constitute a waiver or consent to any other matter except as specifically set forth herein.
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