Common use of Article for Benefit of Agent and Lenders Clause in Contracts

Article for Benefit of Agent and Lenders. The provisions of this Article 15 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.1, 15.2, 15.6, 15.10, 15.11, 15.12, 15.13, 15.14, 15.15 and 15.16, the Borrower shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Hammerhead Energy Inc.), Credit Agreement (Hammerhead Energy Inc.)

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Article for Benefit of Agent and Lenders. The provisions of this Article 15 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.1, 15.2, 15.6, 15.10, 15.11, 15.12, 15.13, 15.14, 15.15 15.13 and 15.16this Section 15.15, the Borrower Borrowers shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the either Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)

Article for Benefit of Agent and Lenders. The provisions of this Article 15 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.1, 15.2, 15.6, 15.10, 15.11, 15.12, 15.13, 15.13 and this Section 15.14, 15.15 and 15.16, the Borrower shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Pacific Energy Partners Lp), Credit Agreement (Trident Resources Corp)

Article for Benefit of Agent and Lenders. The provisions of this Article 15 13 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.113.1, 15.213.2, 15.613.6, 15.1013.10, 15.1113.11, 15.1213.12, 15.13, 15.14, 15.15 13.13 and 15.16this Section 13.14, the Borrower shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Potash Corp of Saskatchewan Inc)

Article for Benefit of Agent and Lenders. The provisions of this Article 15 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.1, 15.2, 15.6, 15.10, 15.11, 15.12, 15.13, 15.14, 15.15 15.13 and this Section 15.16, the Borrower Borrowers shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the any Borrower.

Appears in 1 contract

Samples: Agreement (Baytex Energy Corp.)

Article for Benefit of Agent and Lenders. The provisions of this Article 15 12 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.112.1, 15.212.2, 15.612.6, 15.1012.10, 15.1112.11, 15.1212.12, 15.13, 15.14, 15.15 12.13. 12.14 and 15.16this Section 12.15, the Borrower shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Enbridge Inc)

Article for Benefit of Agent and Lenders. The provisions of this Article 15 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.1, 15.2, 15.6, 15.10, 15.11, 15.12, 15.13, 15.14, 15.15 15.13 and 15.16this Section 15.15, the Borrower shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Baytex Energy Corp.)

Article for Benefit of Agent and Lenders. The provisions of this Article 15 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.1, 15.2, 15.6, 15.10, 15.11, 15.12, 15.13, 15.14, 15.15 15.14 and 15.16this Section 15.15, the Borrower Borrowers shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Enerflex Ltd.)

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Article for Benefit of Agent and Lenders. The provisions of this Article 15 ARTICLE 14 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, and except to the extent provided in Sections 15.114.1, 15.214.2, 15.614.6, 15.1014.10, 15.1114.11, 15.1214.12, 15.13, 15.14, 15.15 14.13 and 15.16this Section 14.14, the Borrower shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the Borrower, unless otherwise specified in the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (North American Energy Partners Inc.)

Article for Benefit of Agent and Lenders. The provisions of this Article 15 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit 138 of the Agent and the Lenders, and, except to the extent provided in Sections 15.1, 15.2, 15.6, 15.10, 15.11, 15.12, 15.13, 15.14, 15.15 15.13 and this Section 15.16, the Borrower Borrowers shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the any Borrower.

Appears in 1 contract

Samples: Credit Agreement (Baytex Energy Corp.)

Article for Benefit of Agent and Lenders. The provisions of this Article 15 14 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.114.1, 15.214.2, 15.614.6, 15.1014.10, 15.1114.11, 15.1214.12, 15.1314.13, 15.1414.14, 15.15 14.16 and 15.16this Section 14.17, the Borrower shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Greenfire Resources Ltd.)

Article for Benefit of Agent and Lenders. The provisions of this Article 15 14 which relate to the rights and obligations of the Lenders to each other or to the rights and obligations between the Agent and the Lenders shall be for the exclusive benefit of the Agent and the Lenders, and, except to the extent provided in Sections 15.114.1, 15.214.2, 15.614.6, 15.1014.10, 15.1114.11, 15.1214.12, 15.13, 15.14, 15.15 14.13 and 15.16this Section 14.16, the Borrower Borrowers shall not have any rights or obligations thereunder or be entitled to rely for any purpose upon such provisions. Any Lender may waive in writing any right or rights which it may have against the Agent or the other Lenders hereunder without the consent of or notice to the any Borrower.

Appears in 1 contract

Samples: Credit Agreement (Baytex Energy Corp.)

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