Common use of Waivers and Agreed Standards Clause in Contracts

Waivers and Agreed Standards. The enforceability of any purported waiver, release, variation, disclaimer, consent or other agreement to similar effect (collectively, a “Waiver”) or any purported agreement to establish standards for reasonable notification or commercial reasonableness (collectively, an “Agreed Standard”) by any Borrower under the Credit Agreement to the extent such Waiver or Agreed Standard is limited by Applicable Law, including without limitation judicial decisions.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Dominion Resources Inc /Va/), Revolving Credit Agreement (Dominion Resources Inc /Va/), Revolving Credit Agreement (Dominion Resources Inc /Va/)

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Waivers and Agreed Standards. The enforceability of any purported waiver, release, variation, disclaimer, consent or other agreement to similar effect (collectively, a “Waiver”) or any purported agreement to establish standards for reasonable notification or commercial reasonableness (collectively, an “Agreed Standard”) by any Borrower Party under the Credit Agreement any Subject Document to the extent such Waiver or Agreed Standard is limited by Applicable Law, including without limitation judicial decisionsapplicable law.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Kennametal Inc)

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Waivers and Agreed Standards. The enforceability of any purported waiver, release, variation, disclaimer, consent or other agreement to similar effect (collectively, a “Waiver”) or any purported agreement to establish standards for reasonable notification or commercial reasonableness (collectively, an “Agreed Standard”) by the Company under any Borrower under the Credit Agreement Subject Document to the extent such Waiver or Agreed Standard is limited by Applicable Law, including without limitation judicial decisionsapplicable law.

Appears in 1 contract

Samples: Bond Purchase Agreement (Texas New Mexico Power Co)

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