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

Waiver of Usury, Stay or Extension Laws. The Company covenants that (to the extent that it may lawfully do so) it 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 any other law 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 or premium, if any, or interest, if any, on or Additional Amounts, if any, with respect to any Securities as contemplated herein and therein or which may affect the covenants or the performance of this Indenture or the Securities; and the Company (to the extent that it may lawfully do so) 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 or the Holders, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 5 contracts

Samples: Indenture (KKR Financial Holdings LLC), Annaly Capital Management Inc, Indenture (KKR Financial Holdings LLC)

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Waiver of Usury, Stay or Extension Laws. The Each of the Company and the Guarantors covenants that (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 or any usury law or any other law wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company or any Guarantor from paying all or any portion of the principal of or of, premium, if any, or interest, if any, interest on or Additional Amounts, if any, with respect to any the Securities as contemplated herein and therein or in the Securities of such series, or which may affect the covenants or the performance of this Indenture or the SecuritiesIndenture; and each of the Company and the Guarantors (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee or the HoldersTrustee, 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 (Sonic Automotive Inc), Senior Indenture (Sonic Automotive 1495 Automall DR Columbus Inc), Sonic Automotive 1495 Automall DR Columbus Inc

Waiver of Usury, Stay or Extension Laws. The Each of the Company and the Guarantor covenants that (to the extent that it may lawfully do so) it 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 any other law wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company or the Guarantor from paying all or any portion of the principal of or premium, if any, or interest, if any, any on or Additional Amounts, if any, with respect to any Securities as contemplated herein in this Indenture, the Guarantee and therein the Securities or which may affect the covenants or the performance of this Indenture or the Securities; and each of the Company and the Guarantor (to the extent that it may lawfully do so) 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 or the Holders, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 3 contracts

Samples: Abb LTD, Abb LTD, Indenture (ABB Finance (USA) Inc.)

Waiver of Usury, Stay or Extension Laws. The Company covenants that (to the extent that it may lawfully do so) it 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 any other law 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 or principal, premium, if any, or interest, if any, on or Additional Amounts, if any, with respect to any Securities as contemplated herein in this Indenture and therein the Securities or which may affect the covenants or the performance of this Indenture or the Securities; and the Company (to the extent that it may lawfully do so) 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 or the Holders, 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 (W. P. Carey Inc.), Indenture (W. P. Carey Inc.), Indenture (American Honda Finance Corp)

Waiver of Usury, Stay or Extension Laws. The Company covenants that (to the extent that it may lawfully do so) it 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 any other law 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 or premium, if any, or interest, if any, any on or Additional Amounts, if any, with respect to any Securities as contemplated herein and therein or which may affect the covenants or the performance of this Indenture or the Securities; and the Company (to the extent that it may lawfully do so) 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 or the Holders, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 3 contracts

Samples: Reconciliation And (Hunt J B Transport Services Inc), Indenture (GFI Group Inc.), J.B. Hunt Transport, Inc.

Waiver of Usury, Stay or Extension Laws. The Each of the Company and the Guarantor covenants that (to the extent that it may lawfully do so) it will 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 any other law wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company or the Guarantor, as applicable, from paying all or any portion of the principal of or principal, premium, if any, or interest, if any, on or Additional Amounts, if any, with respect to any Securities as contemplated herein in this Indenture and therein the Securities or which may affect the covenants or the performance of this Indenture or the Securities; and each of the Company and the Guarantor (to the extent that it may lawfully do so) expressly waives all benefit or advantage of any such law and covenants that it will shall not hinder, delay or impede the execution of any power herein granted to the Trustee or the Holders, 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: Indenture (WPC Eurobond B.V.)

Waiver of Usury, Stay or Extension Laws. The Company covenants that (to the extent that it may lawfully do so) it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, 47 any stay or extension law or any usury law or any other law 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 or premium, if any, or interest, if any, on or Additional Amounts, if any, with respect to any Securities as contemplated herein and therein or which may affect the covenants or the performance of this Indenture or the Securities; and the Company (to the extent that it may lawfully do so) 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 or the Holders, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 1 contract

Samples: Subordinated Debt Indenture (Allegiance Bancshares, Inc.)

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Waiver of Usury, Stay or Extension Laws. The Company covenants that (to the extent that it may lawfully do so) it 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 any other law 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 or premium, if any, or interest, if any, on or Additional Amounts, if any, with respect to any Securities as contemplated herein and therein or which may affect the covenants or the performance of this Indenture or the Securities; and the Company (to the extent that it may lawfully do so) 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 or the Holders, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 1 contract

Samples: Solarcity Corp

Waiver of Usury, Stay or Extension Laws. The Each of the Company and the Guarantor covenants that (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 or any usury law or any other law 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 or premium, if any, or interest, if any, on or Additional Amounts, if any, with respect to any Securities as contemplated herein and therein or which may affect the covenants or the performance of this Indenture or Indenture, to the Securitiesextent that any such law permits such waiver; and each of the Company and the Guarantor (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, to the extent that any such law permits such waiver, and covenants that, to the extent it may lawfully do so, that it will not hinder, delay or impede the execution of any power herein granted to the Trustee or the HoldersTrustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

Appears in 1 contract

Samples: Windrose Medical Properties Trust

Waiver of Usury, Stay or Extension Laws. The Company covenants that (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 or any usury law or any other law 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 or premiuminterest (including Additional Interest, if any, or interest, if any), on or Additional Amounts, if any, with respect to any the Securities as contemplated herein and therein herein, wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture or the SecuritiesIndenture; and the Company (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 or the HoldersTrustee, 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 (Grubb & Ellis Co)

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