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 Lender provided by law or under the Credit Agreement, the other Loan Documents or other applicable agreements or instruments. The making of each Credit Extension to the Borrower pursuant to the Credit Agreement shall be conclusively presumed to have been made in reliance upon the Parent’s undertakings pursuant to the terms hereof.

Appears in 2 contracts

Samples: Capital Contribution Agreement, Capital Contribution Agreement (TRX Inc/Ga)

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Remedies Cumulative; Late Payments. All remedies hereunder are cumulative and are not exclusive of any other rights and remedies of the Lender 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 each the Loans and other Credit Extension to the Borrower Extensions pursuant to the Credit Agreement shall be conclusively presumed to have been made or extended, respectively, in reliance upon each Guarantor’s guaranty of the ParentBorrower’s undertakings Liabilities pursuant to the terms hereof.

Appears in 2 contracts

Samples: Credit Agreement (Mueller Water Products, Inc.), Assignment and Assumption (Mueller Water Products, Inc.)

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