Limitations on Enforcement Actions Sample Clauses

Limitations on Enforcement Actions. The Subordinated Creditor will not take any Enforcement Action until such time as:
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Limitations on Enforcement Actions. (a) Notwithstanding the occurrence and continuance of any Subordinated Default (other than an Exempted Subordinated Default, in which case, notwithstanding anything to the contrary set forth herein, the Subordinated Lenders shall have the right to accelerate the Subordinated Indebtedness and to seek any other remedy in respect thereof provided for in Section 5 of the Subordinated Note; provided, that, notwithstanding the acceleration of the Subordinated Indebtedness or the seeking of any other remedy in respect thereof, the Subordinated Indebtedness shall remain subject to each of the other provisions of this Agreement), no holder of Subordinated Indebtedness shall at any time commence or pursue any Enforcement Action with respect to the Subordinated Indebtedness until the earliest to occur of the following and in any event no earlier than ten (10) days after the Senior Lender's receipt of written notice from a holder of Subordinated Indebtedness of its intent to take an Enforcement Action specifying what action such holders intend to take in respect thereto:
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Limitations on Enforcement Actions. Prior to payment in full of the LaSalle Loans, and notwithstanding any term or provision of the documents evidencing or securing the Creditor Loans, Creditor shall not, without the prior written consent of LaSalle, which may be withheld by LaSalle in its sole and absolute discretion, take any Enforcement Action; provided, however, that:
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Limitations on Enforcement Actions. The Subordi-nated ------------------------------------- Creditor will not take any Enforcement Action until such time as:
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Limitations on Enforcement Actions 
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Related to Limitations on Enforcement Actions

  • LIMITATIONS ON ENFORCEMENT 7.1 The Pledgee shall be entitled to enforce the Pledge without limitation in respect of:

  • Limitations on Actions Notwithstanding anything to the contrary in this Security Agreement, no Grantor shall be required to take any action in connection with Collateral pledged hereunder (and no security interest in such Collateral shall be required to be perfected) except to the extent consistent with Section 5.12(c) or 5.14 of the Credit Agreement and the Perfection Requirements or expressly required hereunder and except in accordance with Requirements of Law.

  • Limitation on Enforcement The Lenders agree that this Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Lenders and that no Lender shall have any right individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Lenders under the terms of this Credit Agreement. The Lenders further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Guarantors.

  • Limitations on Claims In addition to the limitations on indemnification set forth in Section 9(a) above, the Employer shall not be obligated pursuant to this Agreement:

  • Rights of Enforcement The Agent shall have all of the rights and remedies of a secured party upon default under the UCC, in addition to which the Agent shall have all and each of the following rights and remedies:

  • Limitations on Suits No Holder of any Security of any series or any Coupons appertaining thereto shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless

  • Limitations on Duties and Exculpation and Indemnification, of Securities Intermediary.

  • Governing Law; Enforcement This Agreement and the rights and duties of the Parties hereunder shall be governed by, and construed in accordance with, the law of the State of Delaware. The Parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the Parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement, this being in addition to any other remedy to which they are entitled at law or in equity. In addition, each of the Parties: (a) consents to submit itself to the exclusive personal jurisdiction of the Court of Chancery in and for New Castle County in the State of Delaware (or, if such court lacks jurisdiction, any appropriate state or federal court in New Castle County in the State of Delaware), in the event of any dispute related to or arising out of this Agreement or any transaction contemplated hereby; (b) agrees not to commence any action, suit or proceeding related to or arising out of this Agreement or any transaction contemplated hereby except in such courts; (c) agrees that it will not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court; (d) waives any right to trial by jury with respect to any action related to or arising out of this Agreement or any transaction contemplated hereby; and (e) consents to service of process by delivery pursuant to Section 8.2 hereof.

  • Limitations on Damages Neither Party shall be liable for any consequential, special or indirect losses or damages suffered by the other Party, whether or not the likelihood of such losses or damages was known by the Party.

  • Limitations on Powers Notwithstanding any other provision of this Agreement and any provision of law, the Company shall not engage in any business or activity other than as set forth in this Agreement.

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