Common use of Chapter 346 Inapplicable Clause in Contracts

Chapter 346 Inapplicable. The Companies jointly and severally agree, pursuant to Chapter 346, that Chapter 346 (which regulates certain revolving credit loan accounts and revolving triparty accounts) shall not apply to the Obligations, and that none of the Senior Credit Notes nor any Advance shall be governed by Chapter 346 or subject to its provisions in any manner whatsoever.

Appears in 3 contracts

Samples: Assignment and Assumption, Assignment and Assumption (Homebanc Corp), Credit Agreement (Homebanc Corp)

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Chapter 346 Inapplicable. The Companies jointly and severally agree, pursuant to Chapter 346, that Chapter 346 (which regulates certain revolving credit loan accounts and revolving triparty accounts) does shall not apply to the Obligations, Obligations and that none of the Senior Credit Notes nor any Advance shall be governed by Chapter 346 or subject to its provisions in any manner whatsoever.

Appears in 1 contract

Samples: Sale and Servicing Agreement (American Business Financial Services Inc /De/)

Chapter 346 Inapplicable. The Companies jointly and severally agreeCompany agrees, pursuant to Chapter 346, that Chapter 346 (which regulates certain revolving credit loan accounts and revolving triparty accounts) shall not apply to the Obligations, and that none of the Senior Credit Notes nor any Advance shall be governed by Chapter 346 or subject to its provisions in any manner whatsoever.

Appears in 1 contract

Samples: Credit Agreement (Homebanc Corp)

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Chapter 346 Inapplicable. The Companies jointly and severally agree, pursuant to Chapter 346, that Chapter 346 (which regulates certain relates to open-end line of credit revolving credit loan accounts and revolving triparty accounts) shall not apply to the Obligations, Obligations and that none of the Senior Credit Notes nor any Advance shall be governed by Chapter 346 or subject to its provisions in any manner whatsoever.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (American Business Financial Services Inc /De/)

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