Common use of Exercise of Rights Not Required Clause in Contracts

Exercise of Rights Not Required. Nothing contained herein shall require any Lender to exercise any such right or shall affect the right of any Lender to exercise, and retain the benefits of exercising, any such right with respect to any other indebtedness or obligation of the Borrower or any of its Subsidiaries.

Appears in 5 contracts

Samples: Loan Agreement (Vista Oil & Gas, S.A.B. De C.V.), Loan Agreement, Loan Agreement (Vista Oil & Gas, S.A.B. De C.V.)

AutoNDA by SimpleDocs

Exercise of Rights Not Required. Nothing contained herein shall require any the Lender to exercise any such right or shall affect the right of any the Lender to exercise, and retain the benefits of exercising, any such right with respect to any other indebtedness or obligation of the Borrower or any of its Subsidiaries.

Appears in 2 contracts

Samples: Senior Secured Loan Agreement, Senior Secured Loan Agreement (PCT LLC)

Exercise of Rights Not Required. Nothing contained herein shall require any Lender to exercise any such right or shall affect the right of any Lender to exercise, and retain the benefits of exercising, any such right with respect to any other indebtedness or obligation of the Borrower or any of its SubsidiariesCompany.

Appears in 2 contracts

Samples: Term Loan Agreement (Sun Country Airlines Holdings, Inc.), Term Loan Agreement (Southwest Airlines Co)

Exercise of Rights Not Required. Nothing contained herein shall require any Lender to exercise any such right or shall affect the right of any Lender to exercise, and retain the benefits of exercising, any such right with respect to any other indebtedness or obligation of the Borrower or any of its SubsidiariesBorrower.

Appears in 1 contract

Samples: Term Loan and Revolving Loan Credit Facility Agreement (Noble Corp / Switzerland)

AutoNDA by SimpleDocs

Exercise of Rights Not Required. Nothing contained herein shall require any the Lender to exercise any such right or shall affect the right of any the Lender to exercise, and retain the benefits of exercising, any such right with respect to any other indebtedness or obligation of the Borrower or any of its SubsidiariesBorrower.

Appears in 1 contract

Samples: Senior Secured Term Loan Facility (PCT LLC)

Exercise of Rights Not Required. Nothing contained herein shall require any Lender to exercise any such right set forth in Section 4.06(a) or shall affect the right of any Lender to exercise, and retain the benefits of exercising, any such right with respect to any other indebtedness or obligation of the Borrower or any of its SubsidiariesBorrower.

Appears in 1 contract

Samples: Term Loan Agreement (Cosan Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!