Common use of Waiver of Stay Clause in Contracts

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

Appears in 3 contracts

Samples: Indenture (Stoneridge Inc), Unilab Corp /De/, Call Points Inc

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

Appears in 2 contracts

Samples: True North Communications Inc, Pioneer Standard Electronics Inc

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

Appears in 2 contracts

Samples: Allied Waste Industries Inc, Allied Waste Industries Inc

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

Appears in 2 contracts

Samples: Hollinger International Publishing Inc, Hollinger International Inc

Waiver of Stay. Extension or Usury Laws. --------------------------------------- ------------------------- The Company covenants (to the extent that it may lawfully law- fully do so) that it shall will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage advan- tage of, any stay or extension law or any usury law or other law that would prohibit or forgive the Company from paying all or any portion of the principal of and/or or interest on the Securities Notes as contemplated herein, wherever enacted, now or at any time hereafter here- after in force, or which may affect the covenants or the performance per- formance of this Indenture, ; and (to the extent that it may lawfully law- fully do so) the Company hereby expressly waives all benefit or advantage of any such law, and covenants that it will not hinderhin- der, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 1 contract

Samples: Collins & Aikman Floor Coverings Inc

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

Appears in 1 contract

Samples: Mohawk Industries Inc

Waiver of Stay. Extension or Usury Laws. Laws --------------------------------------- The Company covenants Borrowers covenant (to the extent that it they may lawfully do so) that it shall they will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law or any usury law or other law that would prohibit or forgive the Company Borrowers from paying all or any portion of the principal of and/or or interest on the Securities Bridge Loan as contemplated herein, wherever enacted, now or at any time hereafter in force, or which may affect the covenants or the performance of this Indenture, Agreement; and (to the extent that it may lawfully do so) the Company Borrowers hereby expressly waives waive all benefit or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to 100 the TrusteeAgents, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 1 contract

Samples: Credit Agreement (Advanced Glassfiber Yarus LLC)

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

Appears in 1 contract

Samples: Leslies Poolmart Inc

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

Appears in 1 contract

Samples: Pledge and Intercreditor Agreement (Pierce Leahy Corp)

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

Appears in 1 contract

Samples: Wec Co

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

Appears in 1 contract

Samples: Unifi Communications Inc

Waiver of Stay. Extension or Usury Laws. --------------------------------------- The Company covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, or plead, or in any manner whatsoever claim or 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 law or other law that would prohibit or forgive the Company from paying all or any portion of the principal of and/or or interest on the Securities as contemplated herein, wherever enacted, now or at any time hereafter in force, or which may affect the covenants or the performance of this Indenture, Indenture and the Operative Documents; and (to the extent that it may lawfully do so) the Company hereby expressly waives all benefit or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer Trustee herein and permit in the execution of every such power as though no such law had been enacted.Operative

Appears in 1 contract

Samples: Trans World Airlines Inc /New/

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

Appears in 1 contract

Samples: Armstrong Containers Inc

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

Appears in 1 contract

Samples: Indenture (Chancellor Radio Broadcasting Co)

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

Appears in 1 contract

Samples: Prime Succession Holdings Inc

Waiver of Stay. Extension or Usury LawsEXTENSION OR USURY LAWS. --------------------------------------- The Company covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law or any usury law or other law that would prohibit or forgive the Company from paying all or of any portion of the principal of and/or or interest on overdue principal, if any, of the Securities as contemplated herein, wherever enacted, now or at any time hereafter in force, or which may affect the covenants or the performance of this Indenture, ; and (to the extent that it may lawfully do so) the Company hereby expressly waives all benefit or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 1 contract

Samples: Specialty Chemical Resources Inc

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

Appears in 1 contract

Samples: Adelphia Communications Corp

Waiver of Stay. Extension or Usury Laws. Laws --------------------------------------- The Company Borrower covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law or any usury law or other law that would prohibit or forgive the Company Borrower from paying all or any portion of the principal of and/or or interest on the Securities Bridge Loan as contemplated herein, wherever enacted, now or at any time hereafter in force, or which may affect the covenants or the performance of this Indenture, Agreement; and (to the extent that it may lawfully do so) the Company Borrower hereby expressly waives all benefit or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to the TrusteeAgent, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 1 contract

Samples: Credit Agreement (BGF Industries Inc)

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

Appears in 1 contract

Samples: Gsi Group Inc

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

Appears in 1 contract

Samples: Hutchinson Products Corp

Waiver of Stay. Extension or Usury Laws. Laws --------------------------------------- The Company covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law or any usury law or other law that would prohibit or forgive the Company from paying all or any portion of the principal of and/or or interest on the Securities Loans as contemplated herein, wherever enacted, now or at any time hereafter in force, or which may affect the covenants or the performance of this Indenture, Agreement; and (to the extent that it may lawfully do so) the Company hereby expressly waives all benefit or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to the TrusteeAgent, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 1 contract

Samples: Credit Agreement (T Sf Communications Corp)

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

Appears in 1 contract

Samples: Telegroup Inc

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

Appears in 1 contract

Samples: Healthsouth Corp

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

Appears in 1 contract

Samples: Coinmach Laundry Corp

Waiver of Stay. Extension or Usury Laws. --------------------------------------- The Company ---------------------------------------- Each Guarantor covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or 78 72 advantage of, any stay or extension law or any usury law or other law that would prohibit or forgive the Company each such Guarantor from paying all or any portion of the principal of and/or interest on the Securities performing its Guarantee as contemplated herein, wherever enacted, now or at any time hereafter in force, or which may affect the covenants or the performance of this Indenture, ; and (to the extent that it may lawfully do so) the Company such Guarantor hereby expressly waives all benefit or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 1 contract

Samples: Hutchinson Products Corp

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