Common use of Waiver of Litigation Payments Clause in Contracts

Waiver of Litigation Payments. To the extent that any Borrower or the Borrowers' Agent may, in any action, suit or proceeding brought in any of the courts referred to in Section 11.02(b) (Applicable Law; Jurisdiction) or elsewhere arising out of or in connection with this Agreement or any other Financing Document to which it is a party, be entitled to the benefit of any provision of law requiring any Senior Secured Party in such action, suit or proceeding to post security for the costs of such Person or to post a bond or to take similar action, each such Person hereby irrevocably waives such benefit, in each case to the fullest extent now or in the future permitted under the 190 laws of New York or, as the case may be, the jurisdiction in which such court is located.

Appears in 1 contract

Samples: Credit Agreement (Pacific Ethanol, Inc.)

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Waiver of Litigation Payments. To the extent that any Borrower or the Borrowers' ’ Agent may, in any action, suit or proceeding brought in any of the courts referred to in Section 11.02(b) (Applicable Law; Jurisdiction) or elsewhere arising out of or in connection with this Agreement or any other Financing Document to which it is a party, be entitled to the benefit of any provision of law requiring any Senior Secured Party Lender or any Agent in such action, suit or proceeding to post security for the costs of such Person or to post a bond or to take similar action, each such Person hereby irrevocably waives such benefit, in each case to the fullest extent now or in the future permitted under the 190 laws of New York or, as the case may be, the jurisdiction in which such court is located.

Appears in 1 contract

Samples: Credit Agreement (ASAlliances Biofuels, LLC)

Waiver of Litigation Payments. To the extent that any Borrower or the Borrowers' Agent may, in any action, suit or proceeding brought in any of the courts referred to in Section 11.02(b) (Applicable Law; Jurisdiction) or elsewhere arising out of or in connection with this Agreement or any other Financing Document to which it is a party, be entitled to the benefit of any provision of law requiring any Senior Secured Party in such action, suit or proceeding to post security for the costs of such Person or to post a bond or to take similar action, each such Person hereby irrevocably waives such benefit, in each case to the fullest extent now or in the future permitted under the 190 laws of New York or, as the case may be, the jurisdiction in which such court is located.. 161

Appears in 1 contract

Samples: Credit Agreement (Pacific Ethanol, Inc.)

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Waiver of Litigation Payments. To the extent that any Borrower or the Borrowers' ’ Agent may, in any action, suit or proceeding brought in any of the courts referred to in Section 11.02(b) (Applicable Law; Jurisdiction) or elsewhere arising out of or in connection with this Agreement or any other Financing Document to which it is a party, be entitled to the benefit of any provision of law requiring any Senior Secured Party in such action, suit or proceeding to post security for the costs of such Person or to post a bond or to take similar action, each such Person hereby irrevocably waives such benefit, in each case to the fullest extent now or in the future permitted under the 190 laws of New York or, as the case may be, the jurisdiction in which such court is located.

Appears in 1 contract

Samples: Credit Agreement (Pacific Ethanol, Inc.)

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