Common use of Effect of Judgment Clause in Contracts

Effect of Judgment. The recovery of any judgment by the Authority or the levy of execution under any judgment shall not affect in any manner or to any extent, liens, pledges, or any rights, remedies or powers of the Authority under any of the Credit Purchase Documents or with respect to any guaranty or any pledge, but such liens and pledges, and such rights, remedies and powers of the Authority shall continue unimpaired as before. Further, the entry of any judgment by the Authority shall not affect in any way the interest rate payable under any of the Credit Purchase Documents on any amounts due to the Authority, but interest shall continue to accrue on such amounts at the rate specified in such Credit Purchase Documents.

Effect of Judgment. The recovery of any judgment by the Authority or the levy of execution under any judgment shall not affect in any manner or to any extent, liens, pledges, or any rights, remedies or powers of the Authority under any of the Credit Purchase Sales Documents or with respect to any guaranty or any pledge, but such liens and pledges, and such rights, remedies and powers of the Authority shall continue unimpaired as before. Further, the entry of any judgment by the Authority shall not affect in any way the interest rate payable under any of the Credit Purchase Sales Documents on any amounts due to the Authority, but interest shall continue to accrue on such amounts at the rate specified in such Credit Purchase Sales Documents.

Effect of Judgment. The recovery of any judgment by the Authority or the levy of execution under any judgment shall not affect in any manner or to any extent, liens, pledges, or any rights, remedies or powers of the Authority under any of the Credit Purchase Funding Documents or with respect to any guaranty or any pledge, but such liens and pledges, and such rights, remedies and powers of the Authority shall continue unimpaired as before. Further, the entry of any judgment by the Authority shall not affect in any way the interest rate payable under any of the Credit Purchase Funding Documents on any amounts due to the Authority, but interest shall continue to accrue on such amounts at the rate specified in such Credit Purchase Funding Documents.