Master Agreement rights Sample Clauses

Master Agreement rights. The rights conferred on the Agent and the Lenders by Clause 12.4 shall be in addition to, and without prejudice to or limitation of, the rights of netting and set off conferred on the Lenders and/or their Affiliates by the Master Agreements.

Master Agreement rights. The rights conferred on the Agent and the Lenders by Clause 13.4 shall be in addition to, and without prejudice to or limitation of, the rights of netting and set off conferred on the Lenders and/or their Affiliates by the Master Agreements. The Borrower acknowledges that none of the Lenders or its Affiliate (as the case may be) shall be under an obligation to make any payment to the Borrower under a Master Agreement if, at the time that payment becomes due, an Event of Default or a Possible Event of Default shall have occurred, or an Event of Default or Termination Event (as those terms are respectively defined in the Master Agreements) shall have occurred.

Master Agreement rights. The rights conferred on each Swap Bank by this clause 13 shall be in addition to, and without prejudice to or limitation of, the rights of netting and set off conferred on each Swap Bank by the relevant Master Agreement. The Borrower acknowledges that each Swap Bank shall be under no obligation to make any payment to the Borrower under the relevant Master Agreement if, at the time that payment becomes due, an Event of Default shall have occurred and is continuing or an event of Termination (as defined in such Master Agreement) shall have occurred.

Master Agreement rights. The rights conferred on the Bank by this Clause shall be in addition to, and without prejudice to or limitation of, the rights of netting and set off conferred on the Bank by the Master Agreement. The Borrowers acknowledge that the Bank shall be under no obligation to make any payment to the Borrowers under or pursuant to the Master Agreement if, at the time that payment becomes due, there shall have occurred an Event of Default or Potential Event of Default, or an Event of Default or Termination Event (as those terms are respectively defined in the Master Agreement).

Master Agreement rights. The rights conferred on the Bank by this Clause shall be in addition to, and without prejudice to or limitation of, the rights of netting and set off conferred on the Bank by the Master Agreement. The Borrowers acknowledge that the Bank shall be under no obligation to make any payment to the Borrowers under or pursuant to the Master Agreement if, at the time that payment becomes due, there shall have occurred an Event of Default or Potential Event of Default, or an Event of Default or Termination Event (as those terms are respectively defined in the Master Agreement).