Common use of Rights of the Lender Group Not to Be Impaired Clause in Contracts

Rights of the Lender Group Not to Be Impaired. No right of the Lender Group or Agent on behalf thereof to enforce the subordination provided for herein or to exercise its other rights hereunder shall at any time in any way be prejudiced or impaired by any act or failure to act by any other Obligor, the Lender Group, or Agent hereunder or under or in connection with the other Loan Documents or by any noncompliance by any other Obligor with the terms and provisions and covenants herein or in any other Loan Document, regardless of any knowledge thereof the Lender Group or Agent on behalf thereof may have or otherwise be charged with.

Appears in 3 contracts

Samples: Intercompany Subordination Agreement (Velocity Express Corp), Intercompany Subordination Agreement (Velocity Express Corp), Intercompany Subordination Agreement (Velocity Express Corp)

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Rights of the Lender Group Not to Be Impaired. No right of the Lender Group or Collateral Agent on behalf thereof to enforce the subordination provided for herein or to exercise its other rights hereunder shall at any time in any way be prejudiced or impaired by any act or failure to act by any other Obligor, the Lender Group, or Collateral Agent hereunder or under or in connection with the other Loan Documents or by any noncompliance by any the other Obligor with the terms and provisions and covenants herein or in any other Loan Document, regardless of any knowledge thereof the Lender Group or Collateral Agent on behalf thereof may have or otherwise be charged with.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Elgar Holdings Inc)

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Rights of the Lender Group Not to Be Impaired. No right of the Lender Group or Collateral Agent on behalf thereof to enforce the subordination provided for herein or to exercise its other rights hereunder shall at any time in any way be prejudiced or impaired by any act or failure to act by any other Obligor, the Lender Group, Group or Collateral Agent hereunder or under or in connection with the other Loan Documents or by any noncompliance by any the other Obligor with the terms and provisions and covenants herein or in any other Loan Document, regardless of any knowledge thereof the Lender Group or Collateral Agent on behalf thereof may have or otherwise be charged with.

Appears in 1 contract

Samples: Financing Agreement (Dice Holdings, Inc.)

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