Common use of Remedies Cumulative; Late Payments Clause in Contracts

Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Administrative Agent or any other Secured Party provided by law or under the Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of the Loans and other credit extensions pursuant to the Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Guarantor’s guaranty of the Guaranteed Liabilities, subject to the limitations set forth in Section 1, pursuant to the terms hereof. Any amounts not paid when due under this Guaranty Agreement shall bear interest from the date of demand until paid in full at the Default Rate, to the extent permitted by applicable law.

Appears in 3 contracts

Samples: Credit Agreement (Varian Medical Systems Inc), Assignment and Assumption (Varian Medical Systems Inc), Assignment and Assumption (Varian Medical Systems Inc)

AutoNDA by SimpleDocs

Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Administrative Agent or any other Secured Party provided by law or under the Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of the Loans and other credit extensions pursuant to the Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Subsidiary Guarantor’s guaranty of the Guaranteed Liabilities, subject to the limitations set forth in Section 1, Liabilities pursuant to the terms hereof. Any amounts not paid when due under this Subsidiary Guaranty Agreement shall shall, upon the request of the Required Lenders, bear interest from the date of demand until paid in full at the Default Rate, to the extent permitted by applicable law.

Appears in 2 contracts

Samples: Subsidiary Guaranty Agreement (Mastec Inc), Subsidiary Guaranty Agreement (Mastec Inc)

Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Administrative Agent or any other Secured Guaranteed Party provided by law or under the Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of the Loans and other credit extensions pursuant to the Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Subsidiary Guarantor’s guaranty of the Guaranteed Liabilities, subject to the limitations set forth in Section 1, Liabilities pursuant to the terms hereof. Any amounts not paid when due under this Subsidiary Guaranty Agreement shall shall, upon the request of the Required Lenders, bear interest from the date of demand until paid in full at the Default Rate, to the extent permitted by applicable law.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Mastec Inc)

Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Administrative Agent or any other Secured Party provided by law or under the Second Amended and Restated Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of the Loans and other extensions of credit extensions to the Borrower pursuant to the Second Amended and Restated Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Guarantor’s guaranty of the Guaranteed Liabilities, subject to the limitations set forth in Section 1, Borrower’s Liabilities pursuant to the terms hereof. Any amounts not paid when due under this Guaranty Agreement shall bear interest from the date of demand until paid in full at the Default Rate, to the extent permitted by applicable law.

Appears in 1 contract

Samples: Credit Agreement (QC Holdings, Inc.)

Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Administrative Agent or any other Secured Party provided by law Law or under the Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of the Loans and other credit extensions pursuant to the Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Guarantor’s guaranty of the Guaranteed Liabilities, subject to the limitations set forth in Section 1, Liabilities pursuant to the terms hereof. Any amounts not paid when due under this Guaranty Agreement shall shall, upon the request of the Required Lenders pursuant to Section 2.09(b)(ii) of the Credit Agreement, bear interest from the date of demand until paid in full at the Default Rate, to the extent permitted by applicable law.

Appears in 1 contract

Samples: Guaranty Agreement (Bearingpoint Inc)

Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Administrative Agent or any other Secured Party provided by law or under the Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of the Loans and other credit extensions Credit Extensions pursuant to the Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Guarantor’s guaranty of the Guaranteed Liabilities, subject to the limitations set forth in Section 1, Liabilities pursuant to the terms hereof. Any Upon the request of the Required Lenders, any amounts not paid when due under this Guaranty Agreement shall bear interest from the date of demand until paid in full at the Default Rate, to the extent permitted by applicable law.

Appears in 1 contract

Samples: Credit Agreement (Cabot Microelectronics Corp)

AutoNDA by SimpleDocs

Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Administrative Agent or any other Secured Party provided by law or under the Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of the Loans and other credit extensions Credit Extensions pursuant to the Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Guarantor’s 's guaranty of the Guaranteed Liabilities, subject to the limitations set forth in Section 1, Liabilities pursuant to the terms hereof. Any Upon the request of the Required Lenders, any amounts not paid when due under this Guaranty Agreement shall bear interest from the date of demand until paid in full at the Default Rate, to the extent permitted by applicable law.

Appears in 1 contract

Samples: Pledge Agreement (Cabot Microelectronics Corp)

Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Administrative Agent or any other Secured Party provided by law or under the Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of the Loans and other credit extensions pursuant to the Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Guarantor’s guaranty of the Guaranteed Liabilities, subject to the limitations set forth in Section 1, pursuant to the terms hereof. Any amounts not paid when due under this Guaranty Agreement shall bear interest from the date of demand until paid in full at the Default Rate, to the extent permitted by applicable law.bear

Appears in 1 contract

Samples: Credit Agreement (Varian Medical Systems Inc)

Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Administrative Agent or any other Secured Party provided by law or under the Third Amended and Restated Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of the Loans and other extensions of credit extensions to the Borrower pursuant to the Third Amended and Restated Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Guarantor’s guaranty of the Guaranteed Liabilities, subject to the limitations set forth in Section 1, Borrower’s Liabilities pursuant to the terms hereof. Any amounts not paid when due under this Guaranty Agreement shall bear interest from the date of demand until paid in full at the Default Rate, to the extent permitted by applicable law.

Appears in 1 contract

Samples: Credit Agreement (QC Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.