Common use of General Application Clause in Contracts

General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- off or otherwise) on account of any money owing or payable by a Borrower to it in excess of the amounts to which it would otherwise be entitled under Section 12.16(a).

Appears in 3 contracts

Samples: Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.)

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General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a12.18(1), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a the Borrower to it in excess of its Rateable Portion thereof determined as at the amounts date of this Agreement prior to which it would otherwise be entitled under Section 12.16(a)the making of any Advance.

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a11.7(1), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a the Borrower or the Borrower to it in excess of the amounts to which it would otherwise be entitled under Section 12.16(a)its Pro Rata Share thereof.

Appears in 1 contract

Samples: Credit Agreement (Manulife Financial Corp)

General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a12.17(1), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a the Borrower to it in excess of its Rateable Portion thereof determined as at the amounts date of this Agreement prior to which it would otherwise be entitled under Section 12.16(a)the making of any Advance.

Appears in 1 contract

Samples: Credit Agreement (Quest Capital Corp)

General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a11.7(1), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a the Borrower or the Borrower to it in excess of its Pro Rata Share thereof determined as at the amounts date of this Agreement prior to which it would otherwise be entitled under Section 12.16(a)the making of any Loan.

Appears in 1 contract

Samples: Credit Agreement (Manulife Financial Corp)

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General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a12.18(1), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a the Borrower to it in excess of its Rateable Portion thereof determined as at the amounts date of this Agreement prior to which it would otherwise be entitled under Section 12.16(athe making of any Advance. (3).

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

General Application. For greater certainty, the Lenders acknowledge and agree that, without limiting the generality of the provisions of Section 12.16(a12.21(a), those provisions will have application if and whenever any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set- set-off or otherwise) on account of any money owing or payable by a Borrower to it in excess of the amounts to which it would otherwise be entitled under Section 12.16(a12.21(a).

Appears in 1 contract

Samples: Credit Agreement (SunOpta Inc.)

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