Common use of Stay, Extension or Usury Laws Clause in Contracts

Stay, Extension or Usury Laws. The Company agrees (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit or advantage of, any stay or extension law or any usury or other law, wherever enacted, now or at any subsequent time in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a Supplemental Indenture, or which may affect the covenants or performance of this Indenture, and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and agrees that it will not hinder, delay or impede the execution of any power granted to the Trustee in this Indenture or any Supplemental Indenture, but (to the extent that it may lawfully do so) will suffer and permit the execution of any such power as though no such law had been enacted.

Appears in 18 contracts

Samples: Indenture (National Storage Affiliates Trust), Indenture (National Storage Affiliates Trust), Indenture (Resideo Technologies, Inc.)

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Stay, Extension or Usury Laws. The Company agrees (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit or advantage of, any stay or extension law or any usury or other law, wherever enacted, now or at any subsequent time in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities Notes as contemplated in this Indenture or a Supplemental Indenture, or which may affect the covenants or performance of this Indenture, and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and agrees that it will not hinder, delay or impede the execution of any power granted to the Trustee in this Indenture or any Supplemental Indenture, but (to the extent that it may lawfully do so) will suffer and permit the execution of any such power as though no such law had been enacted.

Appears in 9 contracts

Samples: Indenture (Lennar Corp /New/), Indenture (Lennar Corp /New/), Indenture (Lennar Corp /New/)

Stay, Extension or Usury Laws. The Company agrees (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit benefits or advantage of, of any stay or extension law or any usury or other law, wherever enacted, now or at any subsequent time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, of and/or interest on any of the Securities Notes as contemplated in this Indenture or a Supplemental Indentureherein, or which may affect the covenants or performance of this Indenture, and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and agrees that it will not hinder, delay or impede the execution of any power herein granted to the Trustee in this Indenture or any Supplemental IndentureTrustee, but (to the extent that it may lawfully do so) will suffer and permit the execution of any such power as though no such law had has been enacted.

Appears in 8 contracts

Samples: Indenture (Tamarack Funding Corp), Indenture (Sovereign Credit Finance Ii Inc), Indenture (Sovereign Credit Finance I Inc)

Stay, Extension or Usury Laws. The Company agrees (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit benefits or advantage of, of any stay or extension law or any usury or other law, wherever enacted, now or at any subsequent time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, of and/or interest on any of the Securities as contemplated in this Indenture or a Supplemental Indentureherein, or which may affect the covenants or performance of this Indenture, and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and agrees that it will not hinder, delay or impede the execution of any power herein granted to the Trustee in this Indenture or any Supplemental IndentureTrustee, but (to the extent that it may lawfully do so) will suffer and permit the execution of any such power as though no such law had has been enacted.

Appears in 6 contracts

Samples: Indenture (Transition Auto Finance Ii Inc), Indenture (Transition Auto Finance Iii Inc), Indenture (Transition Auto Finance Ii Inc)

Stay, Extension or Usury Laws. The Company agrees (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit or advantage of, any stay or extension law or any usury or other law, wherever enacted, now or at any subsequent time in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a Supplemental Indenture, or which may affect the covenants or performance of this Indenture, and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and agrees that it will not hinder, delay or impede the execution of any power granted to the Trustee in this Indenture or any Supplemental Indenture, but (to the extent that it may lawfully do so) will suffer and permit the execution of any such power as though no such law had been enacted.. Table of Contents

Appears in 1 contract

Samples: Indenture (Clovis Oncology, Inc.)

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Stay, Extension or Usury Laws. The Company agrees (to the extent that it may lawfully do so) that it will not at any time insist uponon, or plead, or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit benefits or advantage of, any stay or extension law or any usury or other similar law, wherever enacted, now or at any subsequent time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the unpaid principal of, premium, if any, of and/or interest on any of the Securities Notes as contemplated in this Indenture or a Supplemental Indenture, or which may affect the covenants or performance of this Indenture, and the . The Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage benefits and advantages of any such law of those laws and agrees that it will not hinder, delay or impede the execution of any power granted to the Trustee and the Noteholders in this Indenture or any Supplemental Indenture, but (to the extent that it may lawfully do so) and will suffer and permit the execution of any such power the Trustee’s and the Noteholders’ powers under this Indenture as though no such law those laws had not been enacted.

Appears in 1 contract

Samples: Indenture (LEAF Equipment Finance Fund 4, L.P.)

Stay, Extension or Usury Laws. The Company agrees Issuers agree (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit or advantage of, any stay or extension law or any usury or other law, wherever enacted, now or at any subsequent time in force, which would prohibit or forgive the Company Issuers from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities Notes as contemplated in this Indenture or a Supplemental Indenture, or which may affect the covenants or performance of this Indenture, and the Company Issuers (to the extent that it may lawfully do so) hereby expressly waives waive all benefit or advantage of any such law and agrees agree that it they will not hinder, delay or impede the execution of any power granted to the Trustee in this Indenture or any Supplemental Indenture, but (to the extent that it the Issuers may lawfully do so) will suffer and permit the execution of any such power as though no such law had been enacted.

Appears in 1 contract

Samples: Indenture (Lennar Corp /New/)

Stay, Extension or Usury Laws. The Company agrees (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit or advantage of, any stay or extension law or any usury or other law, wherever enacted, now or at any subsequent time in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a Supplemental Indenture, or which may affect the covenants or performance of this Indenture, and the Company (to the extent that 20 26 it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and agrees that it will not hinder, delay or impede the execution of any power granted to the Trustee in this Indenture or any Supplemental Indenture, but (to the extent that it may lawfully do so) will suffer and permit the execution of any such power as though no such law had been enacted.

Appears in 1 contract

Samples: Indenture (Lennar Corp /New/)

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