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

Waiver of Usury, Stay or Extension Laws. The Issuer and the Guarantor each covenants (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 or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture, the Securities or the Guarantees endorsed on the Securities; and the Issuer and the Guarantor each (to the extent that it may lawfully do so) 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 5 contracts

Samples: Cousins Properties LP, Indenture (Columbia Property Trust Operating Partnership, L.P.), Indenture (Piedmont Operating Partnership, LP)

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Waiver of Usury, Stay or Extension Laws. The Issuer Each of the Issuers and the Guarantor each covenants (any Guarantor, if applicable, covenant, 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 or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture, the Securities or the Guarantees endorsed on the Securities; and each of the Issuer Issuers and the Guarantor each (any Guarantor, if applicable, to the extent that it may lawfully do so) , hereby expressly waives waive all benefit or advantage of any such law and covenants that it will not not, by resort to any such law, 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: Prime Security Services (ADT Inc.), Prime Security Services (ADT Inc.), Indenture (ADT Inc.)

Waiver of Usury, Stay or Extension Laws. The Issuer Each of the Company and the Guarantor each Guarantor, in respect of Guaranteed Securities covenants (to the extent that it may lawfully do so) that it they will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture, the Securities or the Guarantees endorsed on the Securities; and the Issuer Company and the Guarantor each Guarantor, in respect of the Guaranteed Securities (to the extent that it they may lawfully do so) hereby expressly waives waive all benefit or advantage of any such law law, and covenants that it they 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: Boston Properties LTD Partnership, Boston Properties LTD Partnership

Waiver of Usury, Stay or Extension Laws. The Issuer and each of the Guarantor each covenants Guarantors covenant (to the extent that it they may each lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture, Indenture or any obligation arising under the Securities or the Guarantees endorsed on the Securitiesissued hereunder; and the Issuer and each of the Guarantor each Guarantors (to the extent that it they may each lawfully do so) 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 the Capital Markets Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.. ARTICLE SIX

Appears in 1 contract

Samples: Neches River Holding Corp

Waiver of Usury, Stay or Extension Laws. The Issuer and the Guarantor each covenants (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 or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture, the Securities or the Guarantees endorsed on the SecuritiesGuarantees; and the Issuer and the Guarantor each (to the extent that it may lawfully do so) 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: Americold Realty Operating Partnership, L.P.

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Waiver of Usury, Stay or Extension Laws. The Issuer Each of the Company and the Guarantor each Guarantors, in respect of Guaranteed Securities, covenants (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 or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture, the Securities or the Guarantees endorsed on the Securities; and the Issuer Company and the Guarantor each Guarantors, in respect of Guaranteed Securities (to the extent that it they may lawfully do so) 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 the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.. ARTICLE SIX

Appears in 1 contract

Samples: SSL South, LLC

Waiver of Usury, Stay or Extension Laws. The Issuer Each of the Company and the Guarantor each Guarantors, in respect of Guaranteed Securities, covenants (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 or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture, the Securities or the Guarantees endorsed on the Securities; and the Issuer Company and the Guarantor each Guarantors, in respect of Guaranteed Securities (to the extent that it they may lawfully do so) 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 the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.. ARTICLE SIX THE TRUSTEE

Appears in 1 contract

Samples: SSL South, LLC

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