Common use of Obligation to Make Payments in Dollars Clause in Contracts

Obligation to Make Payments in Dollars. The obligation of the Borrower to make payments in Dollars of the principal and interest becoming due and payable on each Loan, and to pay all other Obligations hereunder in Dollars, (i) shall not be discharged or satisfied by any tender, or any recovery pursuant to any judgment, which is expressed in or converted into any currency other than Dollars, except to the extent that such tender or recovery shall result in the actual receipt by the Administrative Agent and the Banks of the full amount of Dollars, expressed to be payable in respect of the principal and interest of each Loan and in respect of each other Obligation, (ii) shall be enforceable as an alternative or additional cause of action for the purpose of recovering in Dollars, the amount, if any, by which such actual receipt shall fall short of the full amount of Dollars so expressed to be payable and (iii) shall not be affected by judgment being obtained for any other sum due under this Agreement.

Appears in 2 contracts

Samples: Assignment Agreement (Amgen Inc), Assignment Agreement (Amgen Inc)

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Obligation to Make Payments in Dollars. The obligation of the Borrower to make payments in Dollars of the principal and interest becoming due and payable on each Loan, and to pay all other Obligations hereunder in Dollars, (i) shall not be discharged or satisfied by any tender, or any recovery pursuant to any judgment, which is expressed in or converted into any currency other than Dollars, Dollars except to the extent that such tender or recovery shall result in the actual receipt by the Administrative Agent and the Banks of the full amount of Dollars, Dollars expressed to be payable in respect of the principal and interest of each Loan and in respect of each other Obligation, (ii) shall be enforceable as an alternative or additional cause of action for the purpose of recovering in Dollars, Dollars the amount, if any, by which such actual receipt shall fall short of the full amount of Dollars so expressed to be payable and (iiic) shall not be affected by judgment being obtained for any other sum due under this Agreement.

Appears in 1 contract

Samples: Assignment Agreement (Amgen Inc)

Obligation to Make Payments in Dollars. The obligation of the Borrower to make payments in Dollars of the principal and interest becoming due and payable on each Loan, and to pay all other Obligations hereunder in Dollars, (i) shall not be discharged or satisfied by any tender, or any recovery pursuant to any judgment, which is expressed in or converted into any currency other than Dollars, except to the extent that such tender or recovery shall result in the actual actual‌ receipt by the Administrative Agent and the Banks of the full amount of Dollars, expressed to be payable in respect of the principal and interest of each Loan and in respect of each other Obligation, (ii) shall be enforceable as an alternative or additional cause of action for the purpose of recovering in Dollars, the amount, if any, by which such actual receipt shall fall short of the full amount of Dollars so expressed to be payable and (iii) shall not be affected by judgment being obtained for any other sum due under this Agreement.

Appears in 1 contract

Samples: Bridge Credit Agreement

Obligation to Make Payments in Dollars. The obligation of the Borrower to make payments in Dollars of the principal and interest becoming due and payable on each Loan, and to pay all other Obligations hereunder in Dollars, (i) shall not be discharged or satisfied by any tender, or any recovery pursuant to any judgment, which is expressed in or converted into any currency other than Dollars, except to the extent that such tender or recovery shall result in the actual receipt by the Administrative Agent and the Banks of the full amount of Dollars, expressed to be payable in respect of the principal and interest of each Loan and in respect of each other Obligation, (ii) shall be enforceable as an alternative or additional cause of action for the the‌ purpose of recovering in Dollars, the amount, if any, by which such actual receipt shall fall short of the full amount of Dollars so expressed to be payable and (iii) shall not be affected by judgment being obtained for any other sum due under this Agreement.

Appears in 1 contract

Samples: Term Loan Credit Agreement

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Obligation to Make Payments in Dollars. The obligation of the Borrower -------------------------------------- Borrowers to make payments in Dollars dollars of the principal and interest becoming due and payable on each LoanLoan and each Competitive Advance, and to pay all other Obligations hereunder in Dollarshereunder, (i) shall not be discharged or satisfied by any tender, or any recovery pursuant to any judgment, which is expressed in or converted into any currency other than Dollarsdollars, except to the extent that such tender or recovery shall result in the actual receipt by the Administrative Agent Agent, the Banks and the Banks Issuing Bank of the full amount of Dollars, dollars expressed to be payable in respect of the principal and interest of each Loan and each Competitive Advance and in respect of each other Obligation, (ii) shall be enforceable as an alternative or additional cause of action for the purpose of recovering in Dollars, dollars the amount, if any, by which such actual receipt shall fall short of the full amount of Dollars dollars so expressed to be payable and (iiic) shall not be affected by judgment being obtained for any other sum due under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Amgen Inc)

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