Common use of Rights of Lenders to Receive Payment Clause in Contracts

Rights of Lenders to Receive Payment. Notwithstanding anything to the contrary contained in this Agreement, the right of any Lender to receive payment of principal of, premium and interest on the Loans and Bridge Notes held by such Lender, on or after the respective due dates expressed in this Agreement or the Bridge Notes, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Lender.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Windmere Durable Holdings Inc), Bridge Loan Agreement (Pca International Inc)

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Rights of Lenders to Receive Payment. Notwithstanding anything to the contrary contained in this Agreement, the right of any Lender to receive payment of principal of, premium premium, if any, and interest on the Bridge Loans and Bridge Notes held by such Lender, on or after the respective due dates expressed in this Agreement or the Bridge Notes, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Lender.

Appears in 2 contracts

Samples: Bridge Loan Agreement (NTL Inc /De/), Bridge Loan Agreement (Agco Corp /De)

Rights of Lenders to Receive Payment. Notwithstanding anything to the contrary contained in this Agreement, the right of any Lender to receive payment of principal of, premium premium, if any, and interest on the Term Loans and Bridge Term Notes held by such Lender, on or after the respective due dates expressed in this Agreement or the Bridge Term Notes, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Lender.

Appears in 1 contract

Samples: Term Loan Agreement (Flashnet Communications Inc)

Rights of Lenders to Receive Payment. Notwithstanding anything to the contrary contained in this Agreement, the right of any Lender to receive payment of principal of, premium premium, if any, and interest on the Loans and Bridge Notes held by such Lender, on or after the respective due dates expressed in this Agreement or the Bridge Notes, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Lender.

Appears in 1 contract

Samples: Creditrust Corp

Rights of Lenders to Receive Payment. Notwithstanding anything to the contrary contained in this Agreement, the right of any Lender to receive payment of principal of, premium premium, if any, and interest on the Loans and Bridge Notes held by such Lender, on or after the respective due dates expressed in this Agreement or the Bridge NotesAgreement, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Lender.

Appears in 1 contract

Samples: And Guaranty Agreement (Railamerica Inc /De)

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Rights of Lenders to Receive Payment. Notwithstanding anything to the contrary contained in this Agreement, the right of any Lender to receive payment of principal of, premium of and interest on the Loans and Bridge Notes held by such Lender, on or after the respective due dates expressed in this Agreement or the Bridge Notes, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Lender.

Appears in 1 contract

Samples: Bridge Loan Agreement (Pacificorp /Or/)

Rights of Lenders to Receive Payment. Notwithstanding anything to the contrary contained in this AgreementAgreement but subject to the provisions of Article IX, the right of any Lender to receive payment of principal of, premium premium, if any, and interest on the Bridge Loans and Bridge Notes held by such Lender, on or after the respective due dates expressed in this Agreement or the Bridge Notes, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Lender.

Appears in 1 contract

Samples: Bridge Loan Agreement (L 3 Communications Corp)

Rights of Lenders to Receive Payment. Notwithstanding anything to the contrary contained in this AgreementAgreement but subject to the provisions of Article X, the right of any Lender to receive payment of principal of, premium premium, if any, and interest on the Loans and Bridge Notes held by such Lender, on or after the respective due dates expressed in this Agreement or the Bridge Notes, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Lender.

Appears in 1 contract

Samples: Bridge Loan Agreement (Key Energy Group Inc)

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