Common use of Immunity Clause in Contracts

Immunity. (a) The execution by it of each Finance Document to which it is a party constitutes, and the exercise by it of its rights and performance of its obligations under each such Finance Document will constitute, private and commercial acts performed for private and commercial purposes.

Appears in 13 contracts

Samples: Agreement, Credit Agreement (Seaspan CORP), Agreement (Seaspan CORP)

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Immunity. (a) The execution by it of each Finance Document to which it is a party constitutes, and the exercise by it of its rights and performance of its obligations under each such Finance Document will constitute, private and commercial acts performed for private and commercial purposes.

Appears in 4 contracts

Samples: Agreement (Alfa Laval Special Finance Ab), Agreement (Royal Ahold), Agreement (Signature Eyewear Inc)

Immunity. (a) The execution by it of each Finance Document to which it is a party constitutes, and the exercise by it of its rights and performance of its obligations under each such Finance Document will constitute, constitute private and commercial acts performed for private and commercial purposes.

Appears in 3 contracts

Samples: Facility Agreement (Enstar Group LTD), Facilities Agreement (Enstar Group LTD), Enstar Group LTD

Immunity. (a) The execution by it the Borrower of each Finance Document and Related Contract to which it is a party constitutes, and the its exercise by it of its rights and performance of its obligations under each such Finance Document and each Related Contract will constitute, private and commercial acts done and performed for private and commercial purposes.; and

Appears in 2 contracts

Samples: Agreement (Teekay LNG Partners L.P.), Agreement (Teekay LNG Partners L.P.)

Immunity. (a) The execution entry into by it an Obligor of each Finance Document to which it or he is a party constitutes, and the exercise by it or him of its or his rights and performance of its or his obligations under each such Finance Document will constitute, private and commercial acts performed for private and commercial purposes.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

Immunity. (a) The execution by it of each Finance Document to which it is a party constitutes, and the its exercise by it of its rights and performance of its obligations under each such Finance Document will constitute, private and commercial acts done and performed for private and commercial purposes.; and

Appears in 1 contract

Samples: Agreement (Telesystem International Wireless Inc)

Immunity. (a) The execution by it each Obligor of each Finance Document to which it is a party constitutes, and the exercise by it of its rights and performance of its obligations under each such Finance Document will constitute, private and commercial acts performed for private and commercial purposes.

Appears in 1 contract

Samples: Facility Agreement (Wimm Bill Dann Foods Ojsc)

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Immunity. (a) The execution by it of each Finance Document to which it is a party constitutes, and the its exercise by it of its rights and performance of its obligations under each such Finance Document will constitute, private and commercial acts done and performed for private and commercial purposes.; and

Appears in 1 contract

Samples: Facility Agreement (Partner Communications Co LTD)

Immunity. (a) The execution by it of each Finance Document to which it is a party constitutes, and the exercise by it of its rights and performance of its obligations under each such Finance Document will constitute, private and commercial acts performed for private and commercial purposes.; and

Appears in 1 contract

Samples: Agreement (Converium Holding Ag)

Immunity. (a) The execution entry into by it each Obligor of each Finance Document to which it is a party constitutes, and the exercise by it each Obligor of its rights and performance of its obligations under each such Finance Document to which it is a party will constitute, private and commercial acts performed for private and commercial purposes.

Appears in 1 contract

Samples: Subscription Agreement (GCL Silicon Technology Holdings Inc.)

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