Common use of Hedge Agreements Are Independent Clause in Contracts

Hedge Agreements Are Independent. Prepayment of any Loans shall not affect Borrowers’ obligation to continue making payments under any Hedge Agreement between any Borrower and Lender or any of its Affiliates, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Hedge Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Dreams Inc)

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Hedge Agreements Are Independent. Prepayment of any Loans shall not affect Borrowers’ any Borrower’s obligation to continue making payments under any Hedge Agreement between any Borrower and Lender or any of its AffiliatesAgreement, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Hedge Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Autoinfo Inc)

Hedge Agreements Are Independent. Prepayment of any Loans shall not affect Borrowers’ Borrower’s obligation to continue making payments under any Hedge Agreement between any Borrower and Lender or any of its Affiliates, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Hedge Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Transcend Services Inc)

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Hedge Agreements Are Independent. Prepayment of any Loans shall not affect Borrowers’ obligation to continue making payments under any Hedge Agreement between Borrowers, or any Borrower of them, and Lender or any Lender Affiliate, or any of its Affiliatesthem, which shall remain in full force and effect notwithstanding such prepayment, subject to the terms of such Hedge Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Englobal Corp)

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