Common use of Stay, Extension and Usury Laws Clause in Contracts

Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a supplemental indenture, or which may affect the covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 34 contracts

Samples: Senior Indenture (Kingold Jewelry, Inc.), Senior Indenture (Orient Paper Inc.), Subordinated Indenture (Winner Medical Group Inc)

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Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, plead, plead or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture or the Securities or any other law that would prohibit or forgive the Company from paying all or any portion of the principal of, premiumor interest on, if any, and/or interest on any of the Securities as contemplated in this Indenture or a the Indenture, any indenture supplemental indenture, or which may affect thereto relating to the covenants Securities or the performance of this Indenture; Securities and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, law and covenants that it shall will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 27 contracts

Samples: Indenture (Empire Resorts Inc), Indenture (Fluidigm Corp), Indenture (Anixa Biosciences Inc)

Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, other law which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or or interest (including Liquidated Damages, if any) on any of the Securities Notes as contemplated herein, wherever enacted, now or at any time hereafter in this Indenture or a supplemental indentureforce, or which may affect the covenants or the performance of this Indenture; Indenture and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it shall will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 16 contracts

Samples: Kulicke and Soffa (Kulicke & Soffa Industries Inc), Kulicke and Soffa (Kulicke & Soffa Industries Inc), Please Insert Social Security (Brocade Communications Systems Inc)

Stay, Extension and Usury Laws. The Company Issuer and the Guarantor each covenants (to the extent that it may lawfully do so) that it shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law or other law which would prohibit or forgive the Issuer from paying all or any portion of the principal, premium, if any, or interest on the Notes as contemplated herein, wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a supplemental indenture, or which may affect the covenants or the performance of this Indenture; , the Notes or the Guarantees endorsed on the Notes and the Company Issuer and the Guarantor each (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it shall will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 14 contracts

Samples: Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp)

Stay, Extension and Usury Laws. The Company covenants (covenants, to the extent that it may lawfully do so) , that it shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, other law which would prohibit or forgive the Company from paying all or any portion of the principal of, premiumamount or Fundamental Change Repurchase Price in respect of Securities or any interest (including Additional Interest, if any, and/or interest ) on any of the Securities as contemplated herein, wherever enacted, now or at any time hereafter in this Indenture or a supplemental indentureforce, or which may affect the covenants or the performance of this Indenture; , and the Company (Company, to the extent that it may lawfully do so) , hereby expressly waives all benefit or advantage of any such law, law and covenants that it shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the TrusteeTrustee or any Agent, but shall suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 3 contracts

Samples: Indenture (Rambus Inc), Rambus Inc, Rambus Inc

Stay, Extension and Usury Laws. The Company covenants and the Guarantor covenant (to the extent that it they may lawfully do so) that it they shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law or other law which would prohibit or forgive the Company or the Guarantor from paying all or any portion of the principal of or accrued but unpaid interest or Additional Interest, if any, on the Securities as contemplated herein, wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a supplemental indenture, or which may affect the covenants or the performance of this Indenture; , and the Company and the Guarantor (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, law and covenants covenant that it shall they will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 2 contracts

Samples: Indenture (AbitibiBowater Inc.), Indenture (Bowater Inc)

Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, other law which would prohibit or forgive the Company from paying all or any portion of the principal of, premiumor interest (including Additional Interest, if any) or Extension Fees or Additional Extension Fees, if any, and/or interest on any of on, the Securities Notes as contemplated herein, wherever enacted, now or at any time hereafter in this Indenture or a supplemental indentureforce, or which may affect the covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it shall will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 2 contracts

Samples: Cadence Design Systems Inc, Cadence Design Systems Inc

Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, plead, plead or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture or the Securities or any other law that would prohibit or forgive the Company from paying all or any portion of the principal of, premiumor interest on, if any, and/or interest on any of the Securities as contemplated in this Indenture or a the Indenture, any indenture supplemental indenture, or which may affect thereto relating to the covenants Securities or the performance of this Indenture; Securities and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, law and covenants that it shall will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has been enacted.. 13

Appears in 2 contracts

Samples: Indenture (Copytele Inc), Indenture (ITUS Corp)

Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law or other law that would prohibit or forgive it from paying all or any portion of any principal of, or interest or premium on any of the Sub Notes as contemplated herein or therein, wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a supplemental indenture, or which may affect the covenants or the performance of this Indentureany of the Transaction Documents; and the Company (to the extent that it may lawfully do so) ), on behalf of itself and the Subsidiaries, hereby expressly waives all benefit or advantage of any such law, and covenants that it shall will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trusteeany Buyer, but shall will suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 2 contracts

Samples: Securities Exchange Agreement (Sonterra Resources, Inc.), Securities Exchange Agreement (Sonterra Resources, Inc.)

Stay, Extension and Usury Laws. The Company Each Financing Entity covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which that would prohibit or forgive the Company such Financing Entity from paying all or any portion of (i) with respect to the principal ofCompany, premiumthe Note Obligations or (ii) with respect to the other Financing Entities, if any, and/or interest on any of the Securities Guaranteed Obligations as contemplated in this Indenture or a supplemental indenture, or which may affect the covenants or the performance of this Indentureherein; and the Company each Financing Entity (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it shall will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 1 contract

Samples: Consent and Agreement (Exelon Generation Co LLC)

Stay, Extension and Usury Laws. The Each of the Company and the Parent covenants (to the extent that it may lawfully do so) that it shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law or other law that would prohibit or forgive the Company or the Parent from paying all or any portion of the principal of or interest on the Notes as contemplated herein, wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a supplemental indenture, or which that may affect the covenants or the performance of this Indenture; and each of the Company and the Parent (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it shall will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 1 contract

Samples: Indenture (American Water Works Company, Inc.)

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Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, plead, plead or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company or any Guarantor from paying all or any portion of the principal of, premium, if any, and/or of or interest on any of the Securities as contemplated herein or in this Indenture or a supplemental indenture, the Securities or which may affect the covenants or the performance of this Indenture; , and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants (to the extent that it shall may lawfully do so) that it will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 1 contract

Samples: JCC Holding Co

Stay, Extension and Usury Laws. The Company covenants (covenants, to the extent that it may lawfully do so) , that it shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, other law which would prohibit or forgive the Company from paying all or any portion of the principal ofamount, premiumFundamental Change Purchase Price or Dividend Recapitalization Purchase Price in respect of Securities, if any, and/or or any interest on any of the Securities as contemplated herein, wherever enacted, now or at any time hereafter in this Indenture or a supplemental indentureforce, or which may affect the covenants or the performance of this Indenture; , and the Company (Company, to the extent that it may lawfully do so) , hereby expressly waives all benefit or advantage of any such law, law and covenants that it shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the TrusteeTrustee or any Agent, but shall suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 1 contract

Samples: Indenture (Cheniere Energy Inc)

Stay, Extension and Usury Laws. The Company covenants and the Guarantors covenant (to the extent that it they may lawfully do so) that it they shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law or other law which would prohibit or forgive the Company or a Guarantor from paying all or any portion of the principal of or accrued but unpaid interest (including Additional Interest, if any) on the Securities as contemplated herein, wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a supplemental indenture, or which may affect the covenants or the performance of this Indenture; , and the Company and the Guarantors (to the extent that it they may lawfully do so) hereby expressly waives all benefit or advantage of any such law, law and covenants covenant that it shall they will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 1 contract

Samples: Indenture (General Cable Corp /De/)

Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall will not at any time insist upon, plead, plead or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of the Indenture or the Securities or any other law that would prohibit or forgive the Company from paying all or any portion of the principal of, premiumor interest on, if any, and/or interest on any of the Securities as contemplated in this Indenture or a the Indenture, any indenture supplemental indenture, or which may affect thereto relating to the covenants Securities or the performance of this Indenture; Securities and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, law and covenants that it shall will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 1 contract

Samples: Indenture (Lakeland Industries Inc)

Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall not at any time insist upon, plead, plead or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in forceenforced, which would prohibit or forgive that may affect the Company from paying all or Company's obligation to pay any portion of the principal of, premium, if any, and/or interest interest, Additional Amounts, if any, Make Whole Payment, Redemption Price, Repurchase Price or Fundamental Change Redemption Price due on any of the Securities as contemplated in this Indenture or a supplemental indenture, or which may affect the covenants or the performance of this IndentureSecurities; and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such lawlaw insofar as such law applies to the Securities, and covenants that it shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall will suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 1 contract

Samples: Western Wireless Corp

Stay, Extension and Usury Laws. The Company covenants (covenants, to the extent that it may lawfully do so) , that it shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, other law which would prohibit or forgive the Company from paying all or any portion of the principal ofamount, premiumRedemption Price, if anyPurchase Price or Fundamental Change Purchase Price in respect of Securities, and/or or any interest on any of the Securities as contemplated herein, wherever enacted, now or at any time hereafter in this Indenture or a supplemental indentureforce, or which may affect the covenants or the performance of this Indenture; , and the Company (Company, to the extent that it may lawfully do so) , hereby expressly waives all benefit or advantage of any such law, law and covenants that it shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the TrusteeTrustee or any Agent, but shall suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 1 contract

Samples: Indenture (Unisource Energy Corp)

Stay, Extension and Usury Laws. The Company Borrower and each of the Guarantors covenants (to the extent that it they may lawfully do so) that it they shall not, and shall not at any time insist upon, plead, or in any manner whatsoever claim and will resist any and all efforts to be compelled to or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which would prohibit or forgive the Company from paying all or any portion of the principal of, premium, if any, and/or interest on any of the Securities as contemplated in this Indenture or a supplemental indenture, or which that may affect the covenants in or the performance of this IndentureAgreement; and the Company Borrower waives, and agrees to cause its Subsidiaries to waive (to the extent that it they may lawfully do so) hereby expressly waives ), all benefit or advantage of any such law, and covenants covenant that it they shall not, and shall not permit its Subsidiaries to, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the TrusteeLenders, but shall suffer and permit permit, and shall cause its Subsidiaries to suffer and permit, the execution of every such power as though no such law has been enacted.

Appears in 1 contract

Samples: Bridge Loan Agreement (Windmere Durable Holdings Inc)

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