No Additional Rights For the Loan Parties Hereunder Sample Clauses

No Additional Rights For the Loan Parties Hereunder. Except as provided in Section 3.6 hereof, if any ABL Secured Party or Term Loan Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, no Loan Party shall be entitled to use such violation as a defense to any action by any ABL Secured Party or Term Loan Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party or Term Loan Secured Party.
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No Additional Rights For the Loan Parties Hereunder. Except as provided in Section 3.6, if any First Priority Secured Party or Second Priority Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, no Loan Party shall be entitled to use such violation as a defense to any action by any First Priority Secured Party or Second Priority Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any First Priority Secured Party or Second Priority Secured Party.
No Additional Rights For the Loan Parties Hereunder. If any Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Loan Parties shall not be entitled to use such violation as a defense to any action by any Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any Secured Party.
No Additional Rights For the Loan Parties Hereunder. Except as provided in Section 3.6, if any First Priority Secured Party or Second Priority Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, no Loan Party shall be entitled to use such violation as a defense to any action by any First Priority Secured Party or Second Priority Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any First Priority Secured Party or Second Priority Secured Party; provided, that it is acknowledged by the First Priority Secured Parties and the Second Priority Secured Parties that indemnification by the Loan Parties may be limited to the extent set forth in the First Priority Agreement or the Second Priority Agreement, as the case may be.
No Additional Rights For the Loan Parties Hereunder. If any ABL Credit Party or Term Credit Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Loan Parties shall not be entitled to use such violation as a defense to any action by any ABL Credit Party or Term Credit Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Credit Party or Term Credit Party.
No Additional Rights For the Loan Parties Hereunder. Except as provided in Section 3.6, if any First Priority Secured Party or Second Priority Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, no Loan Party shall be entitled to use such violation as a defense to any action by any First Priority Secured Party or Second Priority Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any First Priority Secured Party or Second Priority Secured Party. For the avoidance of doubt, all rights and remedies against the Collateral and the Loan Parties shall be exercised solely and exclusively by the First Priority Representatives on behalf of the First Priority Secured Parties and the Second Priority Representatives on behalf of the Second Priority Secured Parties, and nothing in this Agreement shall provide, or shall be construed to provide, any First Priority Secured Party (other than the First Priority Representatives) or any Second Priority Secured Party (other than the Second Priority Representatives) the right to exercise any rights or remedies against the Collateral and the Loan Parties.
No Additional Rights For the Loan Parties Hereunder. If any Revolving Lender, Secured HY Note Holder, or Agent shall enforce its rights or remedies in violation of the terms of this Agreement, the Loan Parties shall not be entitled to use such violation as a defense to any action by any Revolving Lender or Secured HY Note Holder, nor to assert such violation as a counterclaim or basis for set off or recoupment against any Revolving Lender or Secured HY Note Holder.
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No Additional Rights For the Loan Parties Hereunder. Except as provided in Section 3.6, Exhibit 10.14 if any First Lien Senior Priority Secured Party or First Lien Junior Priority Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, no Loan Party shall be entitled to use such violation as a defense to any action by any First Lien Senior Priority Secured Party or First Lien Junior Priority Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any First Lien Senior Priority Secured Party or First Lien Junior Priority Secured Party.
No Additional Rights For the Loan Parties Hereunder. 13 Section 3.5 Payments Over 14 ARTICLE 4 APPLICATION OF PROCEEDS 14 Section 4.1 Application of Proceeds 14 Section 4.2 Specific Performance 15
No Additional Rights For the Loan Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party or Shared Collateral Secured Party shall enforce its rights or For bracketed language here and elsewhere in this form relating to the Assignor(s), if the assignment is from a single Assignor, choose the first bracketed language. If the assignment is from multiple Assignors, choose the second bracketed language. For bracketed language here and elsewhere in this form relating to the Assignee(s), if the assignment is to a single Assignee, choose the first bracketed language. If the assignment is to multiple Assignees, choose the second bracketed language. Select as appropriate. Include bracketed language if there are either multiple Assignors or multiple Assignees. remedies in violation of the terms of this Agreement, the Loan Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party or Shared Collateral Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL Secured Party or Shared Collateral Secured Party.
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