Common use of Rights and Remedies against a Defaulting Lender Clause in Contracts

Rights and Remedies against a Defaulting Lender. The Borrower may remove or replace any Defaulting Lender in accordance with the procedures set forth in Section 10.15 of this Agreement. The rights and remedies against, and with respect to, a Defaulting Lender under this Section 2.16 are in addition to, and cumulative and not in limitation of, all other rights and remedies that each of the Administrative Agent, the L/C Issuers, the Lenders and the Borrower may, at any time, have against, or with respect to, such Defaulting Lender.

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Enbridge Energy Partners Lp)

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Rights and Remedies against a Defaulting Lender. The Borrower may remove or replace any Defaulting Lender in accordance with the procedures set forth in Section 10.15 terms of this Agreement. The rights and remedies against, and with respect to, to a Defaulting Lender under this Section 2.16 are in addition to, and cumulative and not in limitation of, all other rights and remedies that each of the Administrative Agent, the L/C Issuers, the Lenders and the Borrower may, at any time, have against, or with respect to, such Defaulting Lender.

Appears in 3 contracts

Samples: Credit Agreement (Reliance, Inc.), Credit Agreement (Reliance Steel & Aluminum Co), Credit Agreement (Reliance Steel & Aluminum Co)

Rights and Remedies against a Defaulting Lender. The Borrower may remove or replace any Defaulting Lender in accordance with the procedures set forth in Section 10.15 of this Agreement10.13. The rights and remedies against, and with respect to, a Defaulting Lender under this Section 2.16 2.12 are in addition to, and cumulative and not in limitation of, all other rights and remedies that each of the Administrative Agent, the L/C Issuers, the Lenders and the Borrower may, at any time, have against, or with respect to, such Defaulting Lender.

Appears in 3 contracts

Samples: 364 Day Credit Agreement, 364 Day Credit Agreement (Plains Gp Holdings Lp), 364 Day Credit Agreement (Plains All American Pipeline Lp)

Rights and Remedies against a Defaulting Lender. The Parent Borrower may remove or replace any Defaulting Lender in accordance with the procedures set forth in Section 10.15 of this Agreement. The rights and remedies against, and with respect to, a Defaulting Lender under this Section 2.16 are in addition to, and cumulative and not in limitation of, all other rights and remedies that each of the Administrative Agent, the L/C Issuers, the Lenders and the Borrower Borrowers may, at any time, have against, or with respect to, such Defaulting Lender.

Appears in 3 contracts

Samples: Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Midcoast Energy Partners, L.P.), Credit Agreement (Midcoast Energy Partners, L.P.)

Rights and Remedies against a Defaulting Lender. The Borrower may remove or replace any Defaulting Lender in accordance with the procedures set forth in Section 10.15 of this Agreement2.19. The rights and remedies against, and with respect to, a Defaulting Lender under this Section 2.16 2.06 are in addition to, and cumulative and not in limitation of, all other rights and remedies that each of the Administrative Agent, the L/C Issuers, the Lenders and the Borrower may, at any time, have against, or with respect to, such Defaulting Lender.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Plains Gp Holdings Lp)

Rights and Remedies against a Defaulting Lender. The Borrower may remove or replace any Defaulting Lender in accordance with the procedures set forth in Section 10.15 of this Agreement10.13. The rights and remedies against, and with respect to, a Defaulting Lender under this Section 2.16 2.18 are in addition to, and cumulative and not in limitation of, all other rights and remedies that each of the Administrative Agent, the L/C Issuers, the Lenders and the Borrower Loan Parties may, at any time, have against, or with respect to, such Defaulting Lender.

Appears in 1 contract

Samples: Credit Agreement (Helix Energy Solutions Group Inc)

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Rights and Remedies against a Defaulting Lender. The Borrower may remove or replace any Defaulting Lender in accordance with the procedures set forth in Section 10.15 terms of this Agreement. The rights and remedies against, and with respect to, to a Defaulting Lender under this Section 2.16 are in addition to, and cumulative and not in limitation of, all other rights and remedies that each of the Administrative Agent, the L/C Issuers, the Lenders and the Borrower may, at any time, have against, or with respect to, such Defaulting Lender.. ​

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

Rights and Remedies against a Defaulting Lender. The Borrower may remove or replace any Defaulting Lender in accordance with the procedures set forth in Section 10.15 of this Agreement11.13. The rights and remedies against, and with respect to, a Defaulting Lender under this Section 2.16 are in addition to, and cumulative and not in limitation of, all other rights and remedies that each of the Administrative Agent, the L/C Issuers, the Lenders and the Borrower Loan Parties may, at any time, have against, or with respect to, such Defaulting Lender.

Appears in 1 contract

Samples: Credit Agreement (Paa Natural Gas Storage Lp)

Rights and Remedies against a Defaulting Lender. The Borrower may remove or replace any Defaulting Lender in accordance with the procedures set forth in Section 10.15 of this Agreement11.13. The rights and remedies against, and with respect to, a Defaulting Lender under this Section 2.16 2.15 are in addition to, and cumulative and not in limitation of, all other rights and remedies that each of the Administrative Agent, the L/C Issuers, the Lenders and the Borrower Loan Parties may, at any time, have against, or with respect to, such Defaulting Lender.

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

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