Common use of NO ENTITLEMENT TO PRIOR INTEREST OR OTHER FEES Clause in Contracts

NO ENTITLEMENT TO PRIOR INTEREST OR OTHER FEES. Except as otherwise agreed in writing between the Assignor and the Assignee, notwithstanding any provision of the Credit Agreement or other Documents or any other provision of this Agreement, the Assignee shall have no right, title or interest in or to any interest or fees paid or to be paid to the Assignor under, pursuant to or in respect of: (a) the fees paid to the Assignor in respect of the establishment of the Credit Facility; (b) [the fees payable to the Agent pursuant to section 5.7 of the Credit Agreement; or] [Note: Section 7(b) to be inserted for any assignment by the Lender which is also acting as the Agent.] (c) the Loans, the Credit Facility or the Credit Agreement for any period of time or in respect of any event or circumstance prior to the date hereof, including, without limitation, any standby fees pursuant to section 5.6 of the Credit Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Enbridge Inc), Credit Agreement (Enbridge Inc), Credit Agreement (Enbridge Inc)

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NO ENTITLEMENT TO PRIOR INTEREST OR OTHER FEES. Except as otherwise agreed in writing between the Assignor and the Assignee, notwithstanding any provision of the Credit Agreement or other Documents or any other provision of this Agreement, the Assignee shall have no right, title or interest in or to any interest or fees paid or to be paid to the Assignor under, pursuant to or in respect of: (a) the fees paid to the Assignor in respect of the establishment of the Credit Facility; (b) [the fees payable to the Agent pursuant to section 5.7 of the Credit Agreement; or;] or [Note: Section 7(b) to be inserted for any assignment by the Lender which is also acting as the Agent.] (c) the Loans, the Credit Facility or the Credit Agreement for any period of time or in respect of any event or circumstance prior to the date hereof, including, without limitation, any standby fees pursuant to section 5.6 of the Credit Agreement.

Appears in 3 contracts

Samples: Revolving Term Credit Facility (Potash Corp of Saskatchewan Inc), Credit Agreement (Potash Corp of Saskatchewan Inc), Credit Agreement (Potash Corp of Saskatchewan Inc)

NO ENTITLEMENT TO PRIOR INTEREST OR OTHER FEES. Except as otherwise agreed in writing between the Assignor and the Assignee, notwithstanding any provision of the Credit Agreement or other Documents or any other provision of this Agreement, the Assignee shall have no right, title or interest in or to any interest or fees paid or to be paid to the Assignor under, pursuant to or in respect of: (a) the fees paid to the Assignor in respect of the establishment of the Credit FacilityFacilities; (b) [the fees payable to the Agent pursuant to section 5.7 of the Credit Agreement; or;] or [Note: Section 7(b) to be inserted for any assignment by the Lender which is also acting as the Agent.] (c) the Loans, the Credit Facility Facilities or the Credit Agreement for any period of time or in respect of any event or circumstance prior to the date hereof, including, without limitation, any standby fees pursuant to section 5.6 of the Credit Agreement. For certainty, with respect to the Assigned Interests, the Assignor shall be solely entitled to the interest payable in respect of that portion of the Interest Period of an unmatured SOFR Loan occurring prior to the date hereof.

Appears in 2 contracts

Samples: Credit Agreement (Baytex Energy Corp.), Credit Facilities (Baytex Energy Corp.)

NO ENTITLEMENT TO PRIOR INTEREST OR OTHER FEES. Except as otherwise agreed in writing between the Assignor and the Assignee, notwithstanding any provision of the Credit Agreement or other Documents or any other provision of this Agreement, the Assignee shall have no right, title or interest in or to any interest or fees paid or to be paid to the Assignor under, pursuant to or in respect of: (a) the fees paid to the Assignor in respect of the establishment of the Credit FacilityFacilities; (b) [the fees payable to the Agent pursuant to section 5.7 of the Credit Agreement; or;] or [Note: Section 7(b) to be inserted for any assignment by the Lender which is also acting as the Agent.] (c) the Loans, the Credit Facility Facilities or the Credit Agreement for any period of time or in respect of any event or circumstance prior to the date hereof, including, without limitation, any standby fees pursuant to section 5.6 of the Credit Agreement.. For certainty, with respect to the Assigned Interests, the Assignor shall be solely entitled to the interest payable in respect of that portion of the Interest Period of an unmatured Libor Loan occurring prior to the date hereof. 31150487.8

Appears in 1 contract

Samples: Credit Agreement (Baytex Energy Corp.)

NO ENTITLEMENT TO PRIOR INTEREST OR OTHER FEES. Except as otherwise agreed in writing between the Assignor and the Assignee, notwithstanding any provision of the Credit Agreement or other Documents or any other provision of this Agreement, the Assignee shall have no right, title or interest in or to any interest or fees paid or to be paid to the Assignor under, pursuant to or in respect of: (a) the fees paid to the Assignor in respect of the establishment of the Credit FacilityFacilities; (b) [the fees payable to the Agent pursuant to section 5.7 of the Credit Agreement; or;] or [Note: Section 7(b) to be inserted for any assignment by the Lender which is also acting as the Agent.] (c) the Loans, the Credit Facility Facilities or the Credit Agreement for any period of time or in respect of any event or circumstance prior to the date hereof, including, without limitation, any standby fees pursuant to section 5.6 5.7 of the Credit Agreement. For certainty, with respect to the Assigned Interests, the Assignor shall be solely entitled to the interest payable in respect of that portion of the Interest Period of an unmatured SOFR Loan or CDOR Loan, as applicable, occurring prior to the date hereof.

Appears in 1 contract

Samples: Credit Agreement (Greenfire Resources Ltd.)

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NO ENTITLEMENT TO PRIOR INTEREST OR OTHER FEES. Except as otherwise agreed in writing between the Assignor and the Assignee, notwithstanding any provision of the Credit Agreement or other Documents or any other provision of this Agreement, the Assignee shall have no right, title or interest in or to any interest or fees paid or to be paid to the Assignor under, pursuant to or in respect of: (a) the fees paid to the Assignor in respect of the establishment of the Credit Facility; (b) [the fees payable to the Agent pursuant to section 5.7 5.6 of the Credit Agreement; or] [Note: Section 7(b) to be inserted for any assignment by the Lender which is also acting as the Agent.] (c) the Loans, the Credit Facility or the Credit Agreement for any period of time or in respect of any event or circumstance prior to the date hereof, including, without limitation, any standby fees pursuant to section 5.6 5.5 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Enbridge Inc)

NO ENTITLEMENT TO PRIOR INTEREST OR OTHER FEES. Except as otherwise agreed in writing between the Assignor and the Assignee, notwithstanding any provision of the Credit Agreement or other Documents or any other provision of this Agreement, the Assignee shall have no right, title or interest in or to any interest or fees paid or to be paid to the Assignor under, pursuant to or in respect of: (a) the fees paid to the Assignor in respect of the establishment of the Credit FacilityFacilities; (b) [the fees payable to the Agent pursuant to section 5.7 of the Credit Agreement; or;] or [Note: Section 7(b) to be inserted for any assignment by the Lender which is also acting as the Agent.] (c) the Loans, the Credit Facility Facilities or the Credit Agreement for any period of time or in respect of any event or circumstance prior to the date hereof, including, without limitation, any standby fees pursuant to section 5.6 of the Credit Agreement. For certainty, with respect to the Assigned Interests, the Assignor shall be solely entitled to the interest payable in respect of that portion of the Interest Period of an unmatured Libor Loan occurring prior to the date hereof.

Appears in 1 contract

Samples: Credit Agreement (Baytex Energy Corp.)

NO ENTITLEMENT TO PRIOR INTEREST OR OTHER FEES. Except as otherwise agreed in writing between the Assignor and the Assignee, notwithstanding any provision of the Credit Agreement or other Documents or any other provision of this Agreement, the Assignee shall have no right, title or interest in or to any interest or fees paid or to be paid to the Assignor under, pursuant to or in respect of: (a) the fees paid to the Assignor in respect of the establishment of the Credit FacilityFacilities; (b) [the fees payable to the Agent pursuant to section 5.7 of the Credit Agreement; or] [Note: Section 7(b) to be inserted for any assignment by the Lender which is also acting as the Agent.] (c) the Loans, the Credit Facility Facilities or the Credit Agreement for any period of time or in respect of any event or circumstance prior to the date hereof, including, without limitation, any standby fees pursuant to section 5.6 of the Credit Agreement. For certainty, with respect to the Assigned Interests, the Assignor shall be solely entitled to the interest payable in respect of that portion of the Interest Period of an unmatured Libor Loan occurring prior to the date hereof.

Appears in 1 contract

Samples: Lender Assignment Agreement (Baytex Energy Trust)

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