Common use of LENDER’S Exclusive Power Clause in Contracts

LENDER’S Exclusive Power. Should, , any Material Adverse Change or Material Adverse Effect occur during the Availability Term, LENDER may immediately interrupt the processing of any Disbursement Request submitted under the Master Agreement as well as any disbursement of funds, without giving rise to any responsibility for LENDER, the BORROWER consequently waiving the right to the file any action for responsibility grounded thereon. The aforesaid notwithstanding LENDER’s right to terminate the Master Agreement under the provisions of section NINE hereof.

Appears in 4 contracts

Samples: Credit Facility Agreement (Bioceres S.A.), Credit Facility Agreement (Bioceres S.A.), Credit Facility Agreement (Bioceres S.A.)

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