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

Waiver of Stay, Extension and Usury Laws. Each of the Company and the Guarantors covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the Indenture; and each of the Company and the Guarantors (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants 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 will suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 5 contracts

Samples: Indenture (Bristow Group Inc), Indenture (Era Group Inc.), Indenture (Era Group Inc.)

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Waiver of Stay, Extension and Usury Laws. Each of the Company and the Guarantors covenants (to the extent that it may lawfully do so) that it will shall not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the this Indenture; and each of the Company and the Guarantors (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will shall suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 4 contracts

Samples: Indenture (Tesoro Petroleum Co Inc), Indenture (Tesoro Alaska Co), Indenture (Tesoro Alaska Co)

Waiver of Stay, Extension and Usury Laws. Each of the The Company and the Guarantors each Guarantor covenants (to the extent that it may lawfully do so) that it will shall not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the this Indenture; and each of the Company and the Guarantors each Guarantor (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will shall suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 3 contracts

Samples: Indenture (Acco Brands Corp), Office Depot (Office Depot Inc), Indenture (Acco Brands Corp)

Waiver of Stay, Extension and Usury Laws. Each of the Company and the Guarantors Guarantor covenants (that, to the extent that it may lawfully do so) that , it will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the Indenture; and each of the Company and the Guarantors (Guarantor, to the extent that it may lawfully do so) , hereby expressly waives all benefit or advantage of any such law, and covenants 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 will instead suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 3 contracts

Samples: PennyMac Mortgage Investment Trust, PennyMac Mortgage Investment Trust, First Supplemental Indenture (PennyMac Mortgage Investment Trust)

Waiver of Stay, Extension and Usury Laws. Each of the Company The Issuer and the Guarantors each Guarantor covenants (to the extent that it may lawfully do so) that it will shall not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the this Indenture; and the Issuer and each of the Company and the Guarantors Guarantor (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will shall suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 2 contracts

Samples: Indenture (ACCO BRANDS Corp), Indenture (ACCO BRANDS Corp)

Waiver of Stay, Extension and Usury Laws. Each of the Company and the Guarantors covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the this Indenture; and each of the Company and the Guarantors (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants 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 will suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 1 contract

Samples: Indenture (Bristow Group Inc.)

Waiver of Stay, Extension and Usury Laws. Each of the Company and the Guarantors Guarantor covenants (that, to the extent that it may lawfully do so) that , it will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the Indenture; and each of the Company and the Guarantors (Guarantor, to the extent that it may lawfully do so) , hereby expressly waives all benefit or advantage of any such law, and covenants 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 will instead suffer and permit the execution of every such power as though no such law has been enacted.. ‑58‑

Appears in 1 contract

Samples: Supplemental Indenture (PennyMac Mortgage Investment Trust)

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Waiver of Stay, Extension and Usury Laws. Each of the Company and the Guarantors Subsidiaries covenants (to the extent that it may lawfully do so) that it will shall not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the this Indenture; and each of the Company and the Guarantors Subsidiaries (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will 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 (Gulfmark Offshore Inc)

Waiver of Stay, Extension and Usury Laws. Each of To the extent permitted by applicable laws, neither the Company and the Guarantors covenants nor any Guarantor (to the extent that it may lawfully do so) that it will not shall at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the this Indenture; and each of the Company and the Guarantors (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will shall suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 1 contract

Samples: Nations Title Co Inc

Waiver of Stay, Extension and Usury Laws. Each of the Company and the Guarantors covenants (to the extent that it may lawfully do so) that it will shall not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the performance of the Indenturethis Agreement; and each of the Company and the Guarantors (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the TrusteeAdministrative Agent, but will shall suffer and permit the execution of every such power as though no such law has had been enacted.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Tesoro Petroleum Co Inc)

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