Benefit of Certain Provisions. Each Borrower agrees that each Participant shall be deemed to have the right of setoff provided in Section 11.1 in respect of its participating interest in amounts owing under the Loan Documents to the same extent as if the amount of its participating interest were owing directly to it as a Lender under the 100
Appears in 1 contract
Samples: Credit Agreement (Arcbest Corp /De/)
Benefit of Certain Provisions. Each The Borrower agrees that each Participant which has been identified as such to the Borrower in writing shall be deemed to have the right of setoff provided in Section 11.1 11.01 in respect of its participating interest in amounts owing under the Loan Documents to the same extent as if the amount of its participating interest were owing directly to it as a Lender under the 100Loan Documents; provided, that each Lender shall retain the right of setoff provided in Section 11.01 with respect to the amount of participating interests sold to each
Appears in 1 contract
Samples: Credit Agreement (Aon Corp)
Benefit of Certain Provisions. Each The Borrower agrees that each Participant shall be deemed to have the right of setoff provided in Section 11.1 14.15(a) in respect of its participating interest in amounts owing under the Loan Documents to the same extent as if the amount of its participating interest were owing directly to it as a Lender under the 100Loan Documents, provided that each Lender shall retain the right of setoff provided in
Appears in 1 contract
Samples: Assignment and Assumption Agreement (First Industrial Realty Trust Inc)
Benefit of Certain Provisions. Each Borrower agrees that each Participant shall be deemed to have the right of setoff provided in Section 11.1 17.8 in respect of its participating interest in amounts owing under the Loan Documents to the same extent as if the amount of its participating interest were owing directly to it as a Lender under the 100Loan 171 13483422v8
Appears in 1 contract
Samples: Loan Agreement (Lithia Motors Inc)
Benefit of Certain Provisions. Each Borrower agrees The Borrowers agree that each Participant shall be deemed to have the right of setoff provided in Section 11.1 in respect of its participating interest in amounts owing under the Loan Documents to the same extent as if the amount of its participating interest were owing directly to it as a Lender under the 100Loan Documents, provided that each Lender shall retain the right of setoff provided in
Appears in 1 contract
Samples: Credit Agreement (Polaris Inc.)
