Commercial Activity; Absence of Immunity. The Borrower is subject to civil and commercial law with respect to its obligations under this Agreement and each of the other Loan Documents to which it is a party. The execution, delivery and performance by the Borrower of this Agreement and each of the other Loan Documents to which it is a party constitute private and commercial acts rather than public or governmental acts. Neither the Borrower, nor any of its properties or revenues, is entitled to any right of immunity in any jurisdiction from suit, court jurisdiction, judgment, attachment (whether before or after judgment), set-off or execution of a judgment or from any other legal process or remedy relating to the obligations of the Borrower under this Agreement or any of the other Loan Documents to which it is a party.
Appears in 2 contracts
Samples: Credit and Reimbursement Agreement (Set Top International Inc), Credit Agreement (Telemig Celular Participacoes Sa)
Commercial Activity; Absence of Immunity. The Each Borrower Group Company is subject to civil and commercial law with respect to its obligations under this Agreement and each of the other Loan Documents to which it is a party. The execution, delivery and performance by the each Borrower Group Company of this Agreement and each of the other Loan Documents to which it is a party constitute private and commercial acts rather than public or governmental acts. Neither None of the BorrowerBorrower Group Companies, nor any of its their respective properties or revenues, is entitled to any right of immunity in any jurisdiction from suit, court jurisdiction, judgment, attachment (whether before or after judgment), set-set off or execution of a judgment or from any other legal process or remedy relating to the obligations of the such Borrower Group Company under this Agreement or any of the other Loan Documents to which it is a party.
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Fly Leasing LTD), Senior Secured Credit Agreement (Fly Leasing LTD)
Commercial Activity; Absence of Immunity. The Each Borrower Group Company is subject to civil and commercial law with respect to its obligations under this Agreement and each of the other Loan Financing Documents to which it is a party. The execution, delivery and performance by the each Borrower Group Company of this Agreement and each of the other Loan Financing Documents to which it is a party constitute private and commercial acts rather than public or governmental acts. Neither None of the BorrowerBorrower Group Companies, nor any of its their respective properties or revenues, is entitled to any right of immunity in any jurisdiction from suit, court jurisdiction, judgment, attachment (whether before or after judgment), set-set off or execution of a judgment or from any other legal process or remedy relating to the obligations of the such Borrower Group Company under this Agreement or any of the other Loan Financing Documents to which it is a party.
Appears in 2 contracts
Samples: Facility Agreement (Fly Leasing LTD), Facility Agreement (Fly Leasing LTD)
Commercial Activity; Absence of Immunity. The Each Borrower Group Company is subject to civil and commercial law with respect to its obligations under this Agreement and each of the other Loan Documents to which it is a party. The execution, delivery and performance by the each Borrower Group Company of this Agreement and each of the other Loan Documents to which it is a party constitute private and commercial acts rather than public or governmental acts. Neither None of the BorrowerBorrower Group Companies, nor any of its their respective properties or revenues, is entitled to any right of immunity in any jurisdiction under Applicable Law from suit, court jurisdiction, judgment, attachment (whether before or after judgment), set-set off or execution of a judgment or from any other legal process or remedy relating to the obligations of the such Borrower Group Company under this Agreement or any of the other Loan Documents to which it is a party.
Appears in 1 contract
Commercial Activity; Absence of Immunity. The Borrower is subject to civil and commercial law with respect to its obligations under this Agreement and each of the other Loan Financing Documents to which it is a party. The execution, delivery and performance by the Borrower of this Agreement and each of the other Loan Financing Documents to which it is a party constitute private and commercial acts rather than public or governmental acts. Neither the Borrower, nor any of its properties Properties or revenues, is entitled to any right of immunity in any jurisdiction from suit, court jurisdiction, judgment, attachment (whether before or after judgment), set-off or execution of a judgment or from any other legal process or remedy relating to the obligations of the Borrower under this Agreement or any of the other Loan Financing Documents to which it is a party.
Appears in 1 contract
Samples: Common Agreement (Sr Telecom Inc)