Common use of Guaranteed Hedge Agreements Clause in Contracts

Guaranteed Hedge Agreements. No Hedge Bank that obtains the benefits of Section 2.11(f), the Guaranty by virtue of the provisions hereof or of the Guaranty shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article VIII to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Guaranteed Hedge Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Hedge Bank. ARTICLE IX MISCELLANEOUS SECTION 9.01.

Appears in 1 contract

Samples: Execution Copy Credit Agreement (Summit Hotel Properties, Inc.)

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Guaranteed Hedge Agreements. No Hedge Bank that obtains the benefits of Section 2.11(f)8.03, or Article XI, or the Guaranty or any Collateral by virtue of the provisions hereof or of the Guaranty shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article VIII IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Guaranteed Hedge Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Hedge Bank. ARTICLE IX MISCELLANEOUS SECTION 9.01.

Appears in 1 contract

Samples: Credit Agreement (Verisk Analytics, Inc.)

Guaranteed Hedge Agreements. No Hedge Bank that obtains the benefits of Section 2.11(f), the Guaranty 10.4 by virtue of the provisions hereof or of the any Guaranty Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article VIII XI to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Guaranteed Hedge Agreements unless the Administrative Agent has received written notice of such ObligationsGuaranteed Hedge Agreements, together with such supporting documentation as the Administrative Agent may request, from the applicable Hedge Bank. ARTICLE IX MISCELLANEOUS SECTION 9.01.

Appears in 1 contract

Samples: Credit Agreement (Cirrus Logic Inc)

Guaranteed Hedge Agreements. No Hedge Bank that obtains the benefits of Section 2.11(f), 8.03 or the Guaranty or any Collateral by virtue of the provisions hereof or of the Guaranty shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article VIII IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Guaranteed Hedge Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Hedge Bank. ARTICLE IX MISCELLANEOUS SECTION 9.01.

Appears in 1 contract

Samples: Credit Agreement (Verisk Analytics, Inc.)

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Guaranteed Hedge Agreements. No Hedge Bank that obtains the benefits of Section 2.11(f), the 8.03 or any Guaranty by virtue of the provisions hereof or of the any Guaranty shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article VIII IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Guaranteed Hedge Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Hedge Bank. ARTICLE IX MISCELLANEOUS SECTION 9.01.

Appears in 1 contract

Samples: Credit Agreement (Wiley John & Sons, Inc.)

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