Common use of Benefit of Article IX Clause in Contracts

Benefit of Article IX. The provisions of this Article (other than the following Section 9.9) are intended solely for the benefit of Administrative Agent and Lenders, and no Related Person shall be entitled to rely on any such provisions or assert any such provision in a claim or defense against Administrative Agent or any Lender. Administrative Agent and Lenders may waive or amend such provisions as they desire without any notice to or consent of Borrower or any other Related Person.

Appears in 2 contracts

Samples: Credit Agreement (Spinnaker Exploration Co), Credit Agreement (Spinnaker Exploration Co)

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Benefit of Article IX. The provisions of this Article (other than the following Section 9.9) are intended solely for the benefit of Administrative Agent and Lenders, and no Related Person shall not be entitled to rely on any such provisions provision or assert any such provision in a claim or defense against Administrative Agent or any Lender. Administrative Agent and Lenders may waive or amend such provisions as they desire without any notice to or consent of Borrower or any other Related PersonBorrower.

Appears in 2 contracts

Samples: Credit Agreement (Nab Asset Corp), Credit Agreement (Nab Asset Corp)

Benefit of Article IX. The provisions of this Article (other --------------------- than the following Section 9.99.7) are intended solely for the benefit of Administrative Agent and Lenders, and no Related Person shall be entitled to rely on any such provisions provision or assert any such provision in a claim or defense against Administrative Agent or any Lender. Administrative Agent and Lenders may waive or amend such provisions as they desire without any notice to or consent of Borrower or any other Related Person.

Appears in 1 contract

Samples: Loan Agreement (Western Gas Resources Inc)

Benefit of Article IX. The provisions of this Article --------------------- (other than the following Section 9.9) are intended solely for the benefit of Administrative Agent and Lenders, and no Related Person shall be entitled to rely on any such provisions or assert any such provision in a claim or defense against Administrative Agent or any Lender. Administrative Agent and Lenders may waive or amend such provisions as they desire without any notice to or consent of Borrower or any other Related Person.

Appears in 1 contract

Samples: Credit Agreement (Spinnaker Exploration Co)

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Benefit of Article IX. The provisions of this Article (other than the following Section 9.9) are --------------------- intended solely for the benefit of Administrative Agent and Lenders, and no Related Person shall not be entitled to rely on any such provisions provision or assert any such provision in a claim or defense against Administrative Agent or any Lender. Administrative Agent and Lenders may waive or amend such provisions as they desire without any notice to or consent of Borrower or any other Related PersonBorrower.

Appears in 1 contract

Samples: Credit Agreement (Nab Asset Corp)

Benefit of Article IX. The provisions of this Article (other --------------------- than the following Section 9.9) are intended solely for the benefit of Administrative Agent and Lenders, and no Related Person shall be entitled to rely on any such provisions or assert any such provision in a claim or defense against Administrative Agent or any Lender. Administrative Agent and Lenders may waive or amend such provisions as they desire without any notice to or consent of Borrower or any other Related Person.

Appears in 1 contract

Samples: Credit Agreement (Spinnaker Exploration Co)

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