Common use of Swaps Are Independent Clause in Contracts

Swaps Are Independent. Any prepayment shall not affect Borrower’s obligation to continue making payments under any Swap Agreement, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Swap Agreement.

Appears in 6 contracts

Samples: Master Loan Agreement (Asbury Automotive Group Inc), Master Loan Agreement (Asbury Automotive Group Inc), Loan and Security Agreement (Primo Water Corp)

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Swaps Are Independent. Any prepayment shall not affect Borrower’s 's obligation to continue making payments under any Swap Agreement, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Swap Agreement.

Appears in 1 contract

Samples: And Security Agreement (DT Acceptance Corp)

Swaps Are Independent. Any prepayment shall not affect Borrower’s Borrowers’ obligation to continue making payments under any Swap Agreement, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Swap Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

Swaps Are Independent. Any prepayment of any Loans shall not affect any Borrower’s 's obligation to continue making payments under any Swap Agreement, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Swap Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)

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Swaps Are Independent. Any prepayment of any Loans shall not affect Borrower’s 's obligation to continue making payments under any Swap Agreement, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Swap Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Innotrac Corp)

Swaps Are Independent. Any prepayment shall not affect Borrower’s Borrowers' obligation to continue making payments under any Swap Agreement, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Swap Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Emerson Radio Corp)

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