Common use of Benefit of Article IX Clause in Contracts

Benefit of Article IX. The provisions of this Article IX are intended solely for the benefit of the Agent, the Issuing Bank and the Lenders. The Borrower shall not be entitled to rely on any such provisions or assert any such provisions in a claim, or as a defense, against the Agent, the Issuing Bank or any Lender. The Borrower acknowledges and consents to the foregoing provisions of this Article IX.

Appears in 5 contracts

Samples: Credit Agreement (Astronics Corp), Credit Agreement (Astronics Corp), Credit Agreement (Astronics Corp)

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Benefit of Article IX. The provisions of this Article IX are intended solely for the benefit of the Agent, the Issuing Bank Agent and the LendersBanks. The Borrower Company shall not be entitled to rely on any such provisions or assert any such provisions in a claim, or as a defense, against the Agent, the Issuing Bank Agent or any LenderBank. The Borrower acknowledges and consents Company shall, however, be entitled to rely without further inquiry on the foregoing provisions authority of this Article IXAgent as to acts taken by it.

Appears in 2 contracts

Samples: Credit and Security Agreement (New York Mortgage Trust Inc), Credit and Security Agreement (New York Mortgage Trust Inc)

Benefit of Article IX. The provisions of this Article IX are intended solely for the benefit of the Agent, the Issuing Bank and the Lenders. The No Borrower shall not be entitled to rely on any such provisions or assert any such provisions in a claim, or as a defense, against the Agent, the Issuing Bank or any Lender. The Each Borrower acknowledges and consents to the foregoing provisions of this Article IX.

Appears in 1 contract

Samples: Credit Agreement (Astronics Corp)

Benefit of Article IX. The provisions of this Article IX are intended solely for the benefit of the AgentAgents, the Issuing Bank and the Lenders. The No Borrower shall not be entitled to rely on any such provisions or assert any such provisions in a claim, or as a defense, against the AgentAgents, the Issuing Bank or any Lender. The Each Borrower acknowledges and consents to the foregoing provisions of this Article IX.

Appears in 1 contract

Samples: Credit Agreement (Astronics Corp)

Benefit of Article IX. The provisions of this Article IX are intended solely for the benefit of the Agent, the Issuing Bank and the Lenders. The Borrower shall not be entitled to rely on any such provisions or assert any such provisions in a claim, or as a defense, against the Agent, the Issuing Bank Agent or any Lender. The Borrower acknowledges and consents to the foregoing provisions of this Article IX.

Appears in 1 contract

Samples: Credit Agreement (Astronics Corp)

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Benefit of Article IX. The provisions of this Article IX are intended solely for the benefit of the Agent, the Issuing Bank Agents and the Lenders. The Borrower shall not be entitled to rely on any such provisions or assert any such provisions in a claim, or as a defense, against the Agent, the Issuing Bank Agents or any Lender. The Borrower acknowledges and consents to the foregoing provisions of this Article IX.

Appears in 1 contract

Samples: Credit Agreement (Cuno Inc)

Benefit of Article IX. The provisions of this Article IX are intended solely for the benefit of the Agent, the Issuing Bank Agent and the Lenders. The Borrower Company shall not be entitled to rely on any such provisions or assert any such provisions in a claim, or as a defense, against the Agent, the Issuing Bank Agent or any Lender. The Borrower Company acknowledges and consents to the foregoing provisions of this Article IX.

Appears in 1 contract

Samples: Credit Agreement (American Precision Industries Inc)

Benefit of Article IX. The provisions of this Article IX are intended solely for the benefit of the Agent, the Issuing Bank Agent and the Lenders. The No Borrower shall not be entitled to rely on any such provisions or assert any such provisions in a claim, or as a defense, against the Agent, the Issuing Bank Agent or any Lender. The Each Borrower acknowledges and consents to the foregoing provisions of this Article IX.

Appears in 1 contract

Samples: Credit Agreement (Astronics Corp)

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