Common use of Statute of Limitations Clause in Contracts

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 10 contracts

Samples: Loan and Security Agreement (American Outdoor Brands, Inc.), Loan and Security Agreement (American Outdoor Brands, Inc.), Loan and Security Agreement (Forbes Energy Services Ltd.)

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Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 9 contracts

Samples: Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc), Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc), Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against the Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 6 contracts

Samples: Loan and Security Agreement (Edgen Louisiana CORP), Revolving Credit and Security Agreement (Dri Corp), Loan Agreement (Verrazano,inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Borrower or any other Loan Party or others (including any LendersLender) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor a Loan Party against Agent or Lenders Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 5 contracts

Samples: Loan and Security Agreement (Pulmonx Corp), Loan and Security Agreement (Pulmonx Corp), Loan and Security Agreement (Pulmonx Corp)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by the Borrower or any Loan Party or others other Person (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against Agent or Lenders the Guaranteed Parties shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 4 contracts

Samples: Limited Guaranty (Volt Information Sciences, Inc.), Limited Guaranty (Volt Information Sciences, Inc.), Limited Guaranty

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Note Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders the Purchasers shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 4 contracts

Samples: Note Purchase Agreement (Arena Group Holdings, Inc.), Note Purchase Agreement (theMaven, Inc.), Note Purchase Agreement (theMaven, Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against Agent any Guaranteed Party or Lenders the holder of any Note shall have commenced to run, toll the running of such statute of limitations andlimitations, and if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 4 contracts

Samples: Credit Agreement (Omnicom Group Inc), Guaranty (Omnicom Group Inc), Guaranty (Omnicom Group Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Company or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against Agent the Collateral Trustee or Lenders any holder of an Allowed Class 4 Claim shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 3 contracts

Samples: Guaranty (Andover Togs Inc), Guaranty (Andover Togs Inc), Guaranty (Andover Togs Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party Borrower or others (including any Lenders) Guarantor), with respect to any of the Secured Indebtedness or Guaranteed Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 3 contracts

Samples: Guaranty of Recourse Obligations (KBS Growth & Income REIT, Inc.), Guaranty of Recourse Obligations (Bluerock Residential Growth REIT, Inc.), Guaranty of Recourse Obligations (KBS Real Estate Investment Trust III, Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party Obligor or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 3 contracts

Samples: Loan, Security and Guaranty Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrowers or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, to the fullest extent permitted under applicable law, if the statute of limitations in favor of any the Guarantor against the Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 3 contracts

Samples: Subsidiary Guarantee (Water Pik Technologies Inc), Guarantee (Water Pik Technologies Inc), Subsidiary Guarantee (Water Pik Technologies Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) Guarantor), with respect to any of the Guaranteed Obligations shall, to the fullest extent permitted under applicable law, if the statute of limitations in favor of any Guarantor the Guarantors against the Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 3 contracts

Samples: Credit Agreement (Cubic Corp /De/), Credit Agreement (Cubic Corp /De/), Credit Agreement (Cubic Corp /De/)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against the Agent or Lenders Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 3 contracts

Samples: Guaranty (Andover Togs Inc), Guaranty (Andover Togs Inc), Guaranty (Andover Togs Inc)

Statute of Limitations. Any To the extent permitted by law, any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Obligated Party or others (including any Lenders) Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders any Creditor shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Lennox International Inc), Revolving Credit Facility Agreement (Lennox International Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against the Agent or the Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 2 contracts

Samples: Loan and Security Agreement (BNS Holding, Inc.), Loan and Security Agreement (BNS Holding, Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by Borrower or any Loan Party other Guarantor or others (including any LendersLender) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders the Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 2 contracts

Samples: Revolving Loan and Security Agreement (Reis, Inc.), Loan and Security Agreement (Reis, Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Credit Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 2 contracts

Samples: Revolving Credit, Term Loan and Security Agreement (Drilling Tools International Corp), Revolving Credit, Security and Guaranty Agreement (ROC Energy Acquisition Corp.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or the Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 2 contracts

Samples: Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De), Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De)

Statute of Limitations. Any acknowledgment or To the extent permitted by Applicable Law, any new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 2 contracts

Samples: Loan and Security Agreement (YRC Worldwide Inc.), Loan and Security Agreement (YRC Worldwide Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any LendersLenders or Term Lender) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent Agent, Lenders or Lenders Term Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 2 contracts

Samples: Financing Agreement (Rafaella Apparel Group,inc.), Financing Agreement (Rafaella Apparel Group,inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrowers or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against the Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 2 contracts

Samples: Guaranty (Interdent Inc), Guarantee (Water Pik Technologies Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Issuer or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against Agent or Lenders Union Bank shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Limited Guarantee (Litchfield Financial Corp /Ma)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders Lender Parties shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Loan and Security Agreement (890 5th Avenue Partners, Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party Borrower or others (including any Lenders) Guarantor), with respect to any of the Debt or Guaranteed Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (Inland Real Estate Income Trust, Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any US Loan Party or others (including any Lenders) with respect to any of the US Obligations shall, if the statute of limitations in favor of any US Guarantor against Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Loan and Security Agreement (Castle a M & Co)

Statute of Limitations. Any acknowledgment acknowledgement or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Credit Party or others (including any LendersLender) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against the Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Financing Agreement (Cpac Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party Borrower or others (including any Lenders) Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Springing Unconditional Guaranty (SFX Entertainment, INC)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrowers or others (including any Lenders) Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any Guarantor the Guarantors against the Administrative Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Credit Agreement (Lexington Realty Trust)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, to the fullest extent permitted under applicable law, if the statute of limitations in favor of any the Guarantor against the Administrative Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guarantee (Usec Inc)

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Statute of Limitations. Any acknowledgment or acknowledgement, new promise, whether by payment of principal or interest interest, or otherwise and otherwise, whether by any Loan Party the Borrower or others (including any Lenders) the Guarantor), with respect to any of the Obligations shall, if the statute of limitations in favor of any the Guarantor against Agent or Lenders the Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Continuing and Unconditional Guaranty (Gulfstream International Group Inc)

Statute of Limitations. Any acknowledgment or new promisepromise with regard to the Borrower's Liabilities, whether by payment of principal or interest or otherwise otherwise, and whether by any Loan Party the Borrower or others (including any Lendersthe Guarantor) with respect to any shall: (a) toll the running of the Obligations shall, if the statute of limitations in favor of any the Guarantor against Agent or Lenders shall have commenced to runthe Lender, toll if the running of such statute of limitations shall have begun to run; and (b) prevent the operation of the statute of limitations, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guaranty and Suretyship (American Bank Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrowers or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against the Agent or Lenders or Lenders under the 2000 Credit Agreement shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guaranty (Interdent Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrowers or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, to the fullest extent permitted under applicable law, if the statute of limitations in favor of any the Guarantor against Agent or Lenders the Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guarantee (Matria Healthcare Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) the Credit Support Provider), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any Guarantor the Credit Support Provider against Agent or Lenders the Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.limitations.‌

Appears in 1 contract

Samples: Credit Support Agreement

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against the Agent, the Co-Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guaranty (Golden Books Family Entertainment Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against the Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guaranty (Winthrop Realty Trust)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Issuer or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against Agent or Lenders BankBoston shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Limited Guarantee (Litchfield Financial Corp /Ma)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) the Guarantor), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against the Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guaranty (SLM International Inc /De)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) the Guarantor), with respect to any of the Obligations Guaranteed Amounts shall, if the statute of limitations in favor of any the Guarantor against the Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guarantee (FS Multi-Alternative Income Fund)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party Borrower or any other Obligor or others (including any LendersLender) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor an Obligor against Administrative Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Loan and Security Agreement (Marimed Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any Lendersthe Lender) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders the Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Credit and Security Agreement (Primo Water Corp)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party or others (including any Lenders) with respect to any of the Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders Lender Parties shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Loan and Security Agreement (BuzzFeed, Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Company or others (including any Lenders) Guarantor), with respect to any of the Guaranteed Obligations shall, to the fullest extent permitted under applicable law, if the statute of limitations in favor of any Guarantor the Guarantors against Agent the Trustee or Lenders Holders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Subsidiary Guarantee (Orlando Culinary Academy Inc)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party the Borrower or others (including any Lenders) the Credit Support Provider), with respect to any of the Guaranteed Obligations shall, if the statute of limitations in favor of any Guarantor the Credit Support Provider against Agent or Lenders the Lender shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Bridge Loan Agreement

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party T-Two or others (including any Lenders) the Guarantor), with respect to any of the T-Two Guaranteed Obligations shall, if the statute of limitations in favor of any the Guarantor against the Administrative Agent or Lenders shall have commenced to run, toll the running of such statute of limitations and, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guaranty (Newkirk Realty Trust, Inc.)

Statute of Limitations. Any acknowledgment or new promise, whether by payment of principal or interest or otherwise and whether by any Loan Party Borrower or others (including any Lenders) Guarantor), with respect to any of the Secured Indebtedness or Guaranteed Obligations shall, if the statute of limitations in favor of any Guarantor against Agent or Lenders Lender shall have commenced to run, toll the running of such statute of limitations and, if GUARANTY OF RECOURSE OBLIGATIONS the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (KBS Growth & Income REIT, Inc.)

Statute of Limitations. Any acknowledgment or new promisepromise with regard to the Borrower’s Liabilities, whether by payment of principal or interest or otherwise otherwise, and whether by any Loan Party the Borrower or others (including any Lendersthe Guarantor) with respect to any shall: (a) toll the running of the Obligations shall, if the statute of limitations in favor of any the Guarantor against Agent or Lenders the Bank, if the statute of limitations shall have commenced begun to run, toll and (b) prevent the running operation of such the statute of limitations andlimitations, if the period of such statute of limitations shall have expired, prevent the operation of such statute of limitations.

Appears in 1 contract

Samples: Guaranty and Suretyship (Semitool Inc)

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