Common use of Limitations upon Participant Rights Clause in Contracts

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the Agent, to comply with Section 3.14.(c) as though it were a Lender.

Appears in 2 contracts

Samples: Security Agreement (Morgans Hotel Group Co.), Credit Agreement; And Waiver Agreement (Morgans Hotel Group Co.)

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Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 3.8, 3.13(d) and 5.1. 11.3(b) than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. Sections 3.13(d) or 11.3(b) unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the Agent, to comply with Section 3.14.(c) as though it were a Lender.such

Appears in 2 contracts

Samples: Credit Agreement (ALST Casino Holdco, LLC), Credit Agreement (ALST Casino Holdco, LLC)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.143.12., 4.1. and 5.14.4. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.143.12. unless the Borrower is notified of consents to the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Administrative Agent, to comply with Section 3.14.(c3.12.(c) as though it were a Lender.. ​

Appears in 1 contract

Samples: Credit Agreement (CubeSmart, L.P.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. than Section 3.9 or 3.10than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Co-Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.10 unless the Borrower is Co-Borrowers are notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentCo-Borrowers, to comply with Section 3.14.(c) 3.10 as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Energy Corp)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section III.A or III.D than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Lead Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. III.A unless the Lead Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentLoan Parties, to comply with Section 3.14.(cIII.A(v) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Coldwater Creek Inc)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section 3.9 or 3.10 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Co-Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.10 unless the Borrower is Co-Borrowers are notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentCo-Borrowers, to comply with Section 3.14.(c) 3.10 as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Energy Corp)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section 3.1 or Section 3.4 than the applicable Lender would have been entitled to receive with respect to the participation sold or grated to such Participant, unless the sale or grant of the participation containing a provision of greater entitlements to such Participant is were made with the Borrower’s prior written consentconsent or to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Participant acquired the applicable participation. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the Agent, to comply with Section 3.14.(c) 3.1 as though if it were a Lender.were

Appears in 1 contract

Samples: Credit Agreement (Core Molding Technologies Inc)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.143.10. and 5.14.3. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.143.10. unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Administrative Agent, to comply with Section 3.14.(c3.10.(c) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Apple REIT Ten, Inc.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.143.11. and 5.14.1. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consentconsent and the Borrower has expressly agreed to make any such greater payment. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.143.11. unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Administrative Agent, to comply with Section 3.14.(c3.11.(c) as though it were a Lender.

Appears in 1 contract

Samples: Term Loan Agreement (Realty Income Corp)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.143.12., 4.1. and 5.14.4. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.143.12. unless the Borrower is notified of 100 consents to the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Administrative Agent, to comply with Section 3.14.(c3.12.(c) as though it were a Lender.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (CubeSmart, L.P.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.143.10. and 5.1. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.143.10. unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Administrative Agent, to comply with Section 3.14.(c3.10.(g) as though it were a Lender.

Appears in 1 contract

Samples: Term Loan Agreement (CBL & Associates Properties Inc)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section 3.7, 3.8 or 3.12(d) than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.12(d) unless the Borrower Company is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrower, to comply with Section 3.14.(c) 11.21 as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Harrahs Entertainment Inc)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 3.11 and 5.1. 5.1 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.11 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Administrative Agent, to comply with Section 3.14.(c3.11(c) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Ps Business Parks Inc/Ca)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 2.11 and 5.1. 2.14 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the BorrowerCompany’s prior written consent. A Participant that would be is organized or incorporated under the laws of a Foreign Lender if it were a Lender jurisdiction outside of the United States shall not be entitled to the benefits of Section 3.14. 2.14 unless the Borrower Company is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrower, to comply with Section 3.14.(c2.14(e) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Td Synnex Corp)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section 2.4 than the applicable Lender would have been entitled 4823-2057-1839.3 to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 2.10 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrower, to comply with Section 3.14.(c2.13(e) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Panhandle Oil & Gas Inc)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. Subsections 1.11, 1.13 and 5.1. 1.14 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s 's prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. Subsection 1.13 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrower, to comply with Section 3.14.(cSubsection 1.13(B) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Citizens Communications Co)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. SECTION 2.12 or SECTION 2.21 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Lead Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. SECTION 2.21 unless the Lead Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrowers, to comply with Section 3.14.(cSECTION 2.21(e) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Books a Million Inc)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section 3.01, 3.05 or 3.07(b) than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.05 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the Agent, agrees to comply with Section 3.14.(c) 3.05 as though it were a Lender.Lender (it being understood that the documentation required under Section 3.05(e) shall be delivered to the Lender who sells the participation). (f)

Appears in 1 contract

Samples: Confidential Execution (GXO Logistics, Inc.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. Section 7.4 and 5.1. Section 8 and than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the BorrowerCompany’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 7.4 unless the Borrower Company is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentCompany, to comply with Section 3.14.(cSections 7.4(e) and 7.4(f) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Cpi Corp)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 3.1 and 5.1. 3.2 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.2 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrower, to comply with Section 3.14.(c3.2(e) as though it were a Lender. 10.6.

Appears in 1 contract

Samples: Credit Agreement (Alithya Group Inc)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.143.13. and 5.1. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the MG Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.143.13. unless the MG Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the Agent, to comply with Section 3.14.(c3.13.(c) as though it were a Lender.. 105

Appears in 1 contract

Samples: Security Agreement (Morgans Hotel Group Co.)

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Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 3.11 and 5.1. 4.1 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless such entitlement to receive a greater payment results from a Regulatory Change that occurs after the Participant acquired the applicable participation or the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.11 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Agent, to comply with Section 3.14.(c3.11(g) as though it were a Lender.

Appears in 1 contract

Samples: Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 3.10 and 5.1. 5.1 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.10 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Administrative Agent, to comply with Section 3.14.(c3.10.(c) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (CapLease, Inc.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 3.3(c) and 5.1. 4.1(d) than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender is organized under the laws of jurisdiction outside the United States shall not be entitled to the benefits of Section 3.14. 4.1(d) unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrower, to comply with Section 3.14.(c4.1(d) and 11.14 as though it were a Lender.

Appears in 1 contract

Samples: Loan Agreement (Carrols Restaurant Group, Inc.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.143.12. and 5.1. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.143.12. unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the Agent, to comply with Section 3.14.(c3.12.(c) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Morgans Hotel Group Co.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.143.12., 4.1. and 5.14.4. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.143.12. unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Agent, to comply with Section 3.14.(c3.12. (c) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Sl Green Realty Corp)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section 3.1 or 3.4 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consentconsent (not to be unreasonably withheld or delayed). A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.1 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentLoan Parties, to comply with Section 3.14.(c3.1(e) as though it were a Lender.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Galaxy Gaming, Inc.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 2.11 and 5.1. 2.14 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the BorrowerGuarantor’s prior written consent. A Participant that would be is organized under the laws of a Foreign Lender if it were a Lender jurisdiction outside of the United States shall not be entitled to the benefits of Section 3.14. 2.14 unless the Borrower Guarantor is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrower, to comply with Section 3.14.(c2.14(e) as though it were a Lender.

Appears in 1 contract

Samples: Day Credit Agreement (Omnicom Group Inc.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section 3.6, Section 3.7 or Section 3.10 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.10 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrower, to comply with Section 3.14.(c3.10(e) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (CVS Caremark Corp)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 3.10 and 5.1. 5.1 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s 's prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.10 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Administrative Agent, to comply with Section 3.14.(c3.10(c) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Healthcare Trust of America, Inc.)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section 3.9, 3.12, 3.13, or 3.14 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s Company's prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.13 unless the Borrower Company is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrowers, to comply with Section 3.14.(c3.13(f) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (PNM Resources Inc)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. 3.12 and 5.1. 4.1 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s 's prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.12 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrower, to comply with Section 3.14.(c3.12(c) as though it were a Lender.

Appears in 1 contract

Samples: Term Loan Agreement (Colonial Properties Trust)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.143.12., 5.1. and 5.15.4. than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.143.12. unless the Borrower is notified of consents to the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers Borrower and the Agent, to comply with Section 3.14.(c3.12.(c) as though it were a Lender.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (U-Store-It Trust)

Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Sections 3.14. and 5.1. Section 3.01 or 3.04 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the BorrowerCompany’s prior written consent, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Participant acquired the applicable participation. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.14. 3.01 unless the Borrower Company is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers and the AgentBorrowers, to comply with Section 3.14.(c3.01(e) as though it were a Lender.

Appears in 1 contract

Samples: Credit Agreement (Mohawk Industries Inc)

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