The Loan Parties acknowledge and agree that, as a result of the existence of the Specified Defaults, and notwithstanding anything contained in the Credit Agreement to the contrary (including, without limitation, Article II thereof), the Administrative Agent and the Lenders have no obligation to make (and shall not be deemed hereunder to be waiving or forbearing from exercising such right) additional loans or otherwise extend additional credit, including without limitation, any obligation to make or fund any additional Revolving Loans (or otherwise honor any Revolving Credit Extension Request or any unfunded or undrawn Revolving Credit Commitments, and, for the avoidance of doubt, the Revolving Credit Commitments shall be permanently cancelled and terminated), make or fund any Swing Loan (and for the avoidance of doubt, the Swing Line Commitment shall be permanently cancelled and terminated) or issue any additional Letters of Credit (and, for the avoidance of doubt, the L/C Commitment shall be permanently cancelled and terminated, and the Issuing Bank shall under no circumstances be obligated to amend, renew, extend or otherwise modify any outstanding Letter of Credit in any way), to or for the benefit of the Borrower or the other Loan Parties under the Loan Documents or otherwise, and the Administrative Agent and the Lenders have the right to exercise their rights and remedies under the Loan Documents.