Effect of Casualty or Condemnation. The occurrence of a casualty or condemnation shall not entitle the Company to any abatement, postponement or reduction in the amount of the Loan Payments or Purchase Price Payments payable under this Agreement and the Company hereby waives the benefits and provisions of all laws and rights which, by reason of the casualty or condemnation, might relieve the Company from any of its obligations under this Agreement.
Appears in 5 contracts
Samples: Loan Agreement (Cleco Corp), Loan Agreement (Cleco Corp), Loan Agreement (Cleco Corp)
