Common use of of the Commodity Exchange Act Clause in Contracts

of the Commodity Exchange Act. The German Guarantors hereby further agree that if any German Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the German Secured Obligations, the German Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the German Secured Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (Milacron Holdings Corp.), Amendment No. 2 (Milacron Holdings Corp.), Amendment No. 1 (Milacron Holdings Corp.)

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