Other B/A Provisions. (1) The Borrower shall not claim from a Lender any days of grace for the payment at maturity of any B/A accepted by the Lender pursuant to this Agreement. The Borrower waives any defence to payment that might otherwise exist if for any reason a B/A is held at maturity by a Lender in its own right, and the doctrine of merger shall not apply to any B/A that is at any time held by a Lender in its own right.
Appears in 10 contracts
Samples: Credit Agreement (Iamgold Corp), Fifth Amending Agreement (Iamgold Corp), Credit Agreement (CRH Medical Corp)
Other B/A Provisions. (1a) The Borrower Borrowers shall not claim from a Lender any days of grace for the payment at maturity of any B/A accepted by the Lender pursuant to this Agreement. The Borrower waives Borrowers waive any defence to payment that might otherwise exist if for any reason a B/A is held at maturity by a Lender in its own right, and the doctrine of merger shall not apply to any B/A that is at any time held by a Lender in its own right.
Appears in 4 contracts
Samples: Assignment and Assumption (HudBay Minerals Inc.), Assignment and Assumption (HudBay Minerals Inc.), Credit Agreement (HudBay Minerals Inc.)
Other B/A Provisions. (1a) The Borrower shall not claim from a Lender any days of grace for the payment at maturity of any B/A accepted by the Lender pursuant to this Agreement. The Borrower waives any defence to payment that might otherwise exist if for any reason a B/A is held at maturity by a Lender in its own right, and the doctrine of merger shall not apply to any B/A that is at any time held by a Lender in its own right.
Appears in 4 contracts
Samples: Credit Agreement (Hudbay Minerals Inc.), Credit Agreement (Maverix Metals Inc.), Credit Agreement (Maverix Metals Inc.)
Other B/A Provisions. (1) The Borrower Borrowers shall not claim from a Lender any days of grace for the payment at maturity of any B/A accepted by the Lender pursuant to this Agreement. The Borrower waives Borrowers waive any defence to payment that might otherwise exist if for any reason a B/A is held at maturity by a Lender in its own right, and the doctrine of merger shall not apply to any B/A that is at any time held by a Lender in its own right.
Appears in 2 contracts
Samples: Assignment Agreement (Waste Management Inc), Credit Agreement (Waste Management Inc)