NO ADDITIONAL RIGHTS FOR THE DEBTORS HEREUNDER Sample Clauses

NO ADDITIONAL RIGHTS FOR THE DEBTORS HEREUNDER. If the GECC Secured Parties, the GE Capital Canada Secured Parties or the Collateral Agent Secured Parties enforce their rights or remedies in violation of the terms of this Agreement, the Debtors shall not be entitled to use such violation as a defense to any Enforcement Action under the US Credit Agreement, the Canadian Credit Agreement, the Indenture, the Collateral Agency Agreement or under any Security Document, nor shall the Debtors assert such violation as a counterclaim or basis for set-off or recoupment against the GECC Secured Parties, the GE Capital Canada Secured Parties or the Collateral Agent Secured Parties. The Debtors each agree that nothing in this Agreement shall relieve any Debtor of any of its obligations under any of the US Credit Agreement, the Canadian Credit Agreement, the Indenture, the Collateral Agency Agreement, the Security Documents or any other document, agreement or instrument that any Debtor may be a party to with any of the GECC Secured Parties, the GE Capital Canada Secured Parties or the Collateral Agent Secured Parties.
Sample 1
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Related to NO ADDITIONAL RIGHTS FOR THE DEBTORS HEREUNDER

  • No Additional Rights Nothing in this Agreement shall be construed to confer any rights upon COMPANY by implication, estoppel, or otherwise as to any technology or patent rights of M.I.T. or any other entity other than the PATENT RIGHTS, regardless of whether such technology or patent rights shall be dominant or subordinate to any PATENT RIGHTS.

  • Additional Rights Our rights under this clause shall be in addition to, and not in limitation or exclusion of, any other rights which we may have (whether by agreement, operation of law or otherwise).

  • THE CONTRACTS (RIGHTS OF THIRD PARTIES ACT 1999

  • Admission of a Substitute or Additional General Partner A Person shall be admitted as a substitute or additional General Partner of the Partnership only if the following terms and conditions are satisfied: (a) the Person to be admitted as a substitute or additional General Partner shall have accepted and agreed to be bound by all the terms and provisions of this Agreement by executing a counterpart thereof and such other documents or instruments as may be required or appropriate in order to effect the admission of such Person as a General Partner, and a certificate evidencing the admission of such Person as a General Partner shall have been filed for recordation and all other actions required by Section 2.5 hereof in connection with such admission shall have been performed; (b) if the Person to be admitted as a substitute or additional General Partner is a corporation or a partnership it shall have provided the Partnership with evidence satisfactory to counsel for the Partnership of such Person’s authority to become a General Partner and to be bound by the terms and provisions of this Agreement; and (c) counsel for the Partnership shall have rendered an opinion (relying on such opinions from other counsel and the state or any other jurisdiction as may be necessary) that the admission of the person to be admitted as a substitute or additional General Partner is in conformity with the Act, that none of the actions taken in connection with the admission of such Person as a substitute or additional General Partner will cause (i) the Partnership to be classified other than as a partnership for federal income tax purposes, or (ii) the loss of any Limited Partner’s limited liability.

  • Additional Rights and Remedies The rights and remedies provided in this clause are in addition to any other rights and remedies provided by law or under this contract.

  • CONTRACT (RIGHTS OF THIRD PARTIES ACT 1999

  • Execution of Additional Instruments Each Member hereby agrees to execute such other and further statements of interest and holdings, designations, powers of attorney and other instruments necessary to comply with any laws, rules or regulations.

  • Contract (Rights of Third Parties) Xxx 0000 22.1 No person who is not a party to this Grant Agreement shall have the right to enforce any of its terms.

  • Contract Rights Not Exclusive The rights to payment of Indemnifiable Amounts and advancement of Indemnifiable Expenses provided by this Agreement shall be in addition to, but not exclusive of, any other rights which Indemnitee may have at any time under applicable law, the Company’s Certificate of Incorporation or By-laws, or any other agreement, vote of stockholders or directors (or a committee of directors), or otherwise, both as to action in Indemnitee’s official capacity and as to action in any other capacity as a result of Indemnitee’s serving as a director or officer of the Company.

  • Contracts (Rights of Third Parties ACT 1999

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