Common use of Facility Agent may assume receipt Clause in Contracts

Facility Agent may assume receipt. Clause 16.7 shall not affect any claim which the Facility Agent has under the law of restitution, and applies irrespective of whether the Facility Agent had any form of notice that it had not received the sum which it made available.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement

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Facility Agent may assume receipt. Clause 16.7 shall not affect any claim which the Facility Agent has under the law of restitution, restitution and applies irrespective of whether the Facility Agent had any form of notice that it had not received the sum which it made available.

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

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Facility Agent may assume receipt. Clause 16.7 15.7 shall not affect any claim which the Facility Agent has under the law of restitution, and applies irrespective of whether the Facility Agent had any form of notice that it had not received the sum which it made availableavailable (except an express notice from a Lender that it will not fund its Ratable Portion of any Advance).

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

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