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

Waiver of Usury, Stay or Extension Laws. The Operating Partnership covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and the Operating Partnership (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 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 had been enacted. ARTICLE SIX

Appears in 4 contracts

Samples: Vornado Realty Trust, Vornado Realty Trust, Vornado Realty Lp

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Waiver of Usury, Stay or Extension Laws. The Operating Partnership covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and the Operating Partnership (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 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 had been enacted. ARTICLE SIX.

Appears in 4 contracts

Samples: Indenture (Sunoco Logistics Partners Lp), Indenture (Vornado Realty Lp), Indenture (Sunoco Logistics Partners Lp)

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

Appears in 2 contracts

Samples: sec.report, sec.report

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Waiver of Usury, Stay or Extension Laws. The Operating Partnership covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and the Operating Partnership (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 will not 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 had been enacted. ARTICLE SIX.

Appears in 1 contract

Samples: Beacon Properties L P

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