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

Rights of Lenders to Receive Payment. Notwithstanding any other provision of this Mortgage, the right of any Lender to receive payment of principal of and interest on an Equipment Note on or after the due dates expressed in such Equipment Note, or to bring suit for the enforcement of any such payment on or after such respective dates in accordance with the terms hereof, shall not be impaired or affected without such Lender’s consent.

Appears in 6 contracts

Samples: Loan Agreement (Airtran Holdings Inc), Loan Agreement (Airtran Holdings Inc), Loan Agreement (Airtran Holdings Inc)

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Rights of Lenders to Receive Payment. Notwithstanding any other provision of this Mortgage, the right of any Lender to receive payment of principal of of, any premium, and interest on an Equipment Note on or after the due dates expressed in such Equipment Note, or to bring suit for the enforcement of any such payment on or after such respective dates in accordance with the terms hereof, shall not be impaired or affected without such Lender’s consent.

Appears in 2 contracts

Samples: Loan Agreement (Airtran Holdings Inc), Loan Agreement (Airtran Holdings Inc)

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Rights of Lenders to Receive Payment. Notwithstanding any other provision of this MortgageAgreement, the right of any Lender to receive payment of principal of and interest on an Equipment Note the Notes held by it, on or after the respective due dates expressed in such Equipment Notethe Notes, or to bring suit for the enforcement of any such payment on or after such respective dates in accordance with the terms hereofdates, shall not be impaired or affected without the consent of such Lender’s consent.

Appears in 1 contract

Samples: Loan and Warrant Agreement (Doane Pet Care Co)

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