General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- off or otherwise) on account of any money owing or payable by a Borrower to it in excess of the amounts to which it would otherwise be entitled under Section 12.16(a).
Appears in 3 contracts
Samples: Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.)
General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a12.18(1), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a the Borrower to it in excess of its Rateable Portion thereof determined as at the amounts date of this Agreement prior to which it would otherwise be entitled under Section 12.16(a)the making of any Advance.
Appears in 2 contracts
Samples: Credit Agreement (Tricon Residential Inc.), Credit Agreement (Tricon Residential Inc.)
General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a12.17(1), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a the Borrower to it in excess of its Rateable Portion thereof determined as at the amounts date of this Agreement prior to which it would otherwise be entitled under Section 12.16(a)the making of any Advance.
Appears in 1 contract
General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a11.7(1), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a the Borrower or the Borrower to it in excess of its Pro Rata Share thereof determined as at the amounts date of this Agreement prior to which it would otherwise be entitled under Section 12.16(a)the making of any Loan.
Appears in 1 contract
General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a11.7(1), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a the Borrower or the Borrower to it in excess of the amounts to which it would otherwise be entitled under Section 12.16(a)its Pro Rata Share thereof.
Appears in 1 contract
General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a12.21(a), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a Borrower to it in excess of the amounts to which it would otherwise be entitled under Section 12.16(a12.21(a).
Appears in 1 contract
Samples: Credit Agreement (SunOpta Inc.)