Common use of Certain Remedial Matters Clause in Contracts

Certain Remedial Matters. (a) Notwithstanding any other provision of this Agreement or any other Credit Document: (i) the Borrower shall at all times to the exclusion of the Administrative Agent retain (A) all rights to Excepted Payments and to demand, collect or commence an action at law to obtain such payments and to enforce any judgment with respect thereto and (B) all of its rights under the Participation Agreement; and (ii) the Borrower shall at all times retain the right, but not to the exclusion of the Administrative Agent, (A) to receive from the Lessee all notices, certificates and other documents and all information that the Lessee is permitted or required to give or furnish to the "Borrower" or the "Lessor" pursuant to the Lease, the Participation Agreement or any other Operative Agreement, (B) to inspect the Properties and otherwise exercise rights of the "Lessor" under Section 10.2 of the Lease, (C) to retain all rights with respect to insurance that Section 14 of the Lease specifically confers upon the "Lessor", (D) to provide such insurance as the Lessee shall have failed to maintain or as the Borrower may desire, (E) to enforce compliance by the Lessee with the provisions of Sections 8, 9, 10, 11, 14 and 21 of the Lease, and (F) subject to the other applicable provisions of this Agreement, including, without limitation, Section 8.3(c) hereof, to perform for the Lessee under Section 17 of the Lease.

Appears in 2 contracts

Sources: Credit Agreement (Fred Meyer Inc), Credit Agreement (Quality Food Centers Inc)

Certain Remedial Matters. (a) Notwithstanding any other provision of this Agreement or any other Credit Document: (i) the Borrower shall at all times to the exclusion of the Administrative Agent retain (A) all rights to Excepted Payments and to demand, collect or commence an action at law to obtain such payments and to enforce any judgment with respect thereto and (B) all of its rights under the Participation Agreement; and (ii) the Borrower shall at all times retain the right, but not to the exclusion of the Administrative Agent, (A) to receive from the Lessee all notices, certificates and other documents and all information that the Lessee is permitted or required to give or furnish to the "Borrower" or the "Lessor" pursuant to the Lease, the Participation Agreement or any other Operative Agreement, (B) to inspect the Properties and otherwise exercise rights of the "Lessor" under Section 10.2 of the Lease, (C) to retain all rights with respect to insurance that Section 14 of the Lease specifically confers upon the "Lessor", (D) to provide such insurance as the Lessee shall have failed to maintain or as the Borrower may desire, (E) to enforce compliance by the Lessee with the provisions of Sections 8, 9, 10, 11, 14 and 21 30.10 of the Lease, and (F) subject to the other applicable provisions of this Agreement, including, without limitation, Section 8.3(c) hereof, to perform for the Lessee under Section 17 of the Lease.

Appears in 2 contracts

Sources: Credit Agreement (Safeskin Corp), Credit Agreement (Kindercare Learning Centers Inc /De)

Certain Remedial Matters. (a) Notwithstanding any other provision of this Agreement Indenture or any other Credit DocumentOperative Agreement: (i) the Borrower Issuer shall at all times times, to the exclusion of the Administrative Agent Collateral Agent, retain (A) all rights to Excepted Payments and to demand, collect or commence an action at law to obtain such payments and to enforce any judgment with respect thereto and (B) all of its rights under the Participation Agreement; and (ii) the Borrower Issuer shall at all times retain the right, but not to the exclusion of the Administrative Collateral Agent, (A) to receive from the Lessee all notices, certificates and other documents and all information that the Lessee is permitted or required to give or furnish to the "Borrower" or the "Lessor" pursuant to the Lease, the Participation Agreement or any other Operative AgreementDocument, (B) to inspect the Properties and otherwise exercise rights of the "Lessor" under Section 10.2 of the LeaseEquipment, (C) to retain all rights with respect to insurance that Section 14 of the Lease specifically confers upon the "Lessor", (D) to provide such insurance as the Lessee shall have failed to maintain or as the Borrower Issuer may desire, desire and (E) to enforce compliance by the Lessee with the provisions of Sections 8, 9, 10, 11, 11 and 14 and 21 of the Lease, and (F) subject to the other applicable provisions of this Agreement, including, without limitation, Section 8.3(c) hereof, to perform for the Lessee under Section 17 of the Lease.

Appears in 1 contract

Sources: Indenture (Hanover Compressor Co /)

Certain Remedial Matters. (a) Notwithstanding any other provision of ------------------------ this Agreement or any other Credit Document: (i) the Borrower shall at all times to the exclusion of the Administrative Agent retain (A) all rights to Excepted Payments and to demand, collect or commence an action at law to obtain such payments and to enforce any judgment with respect thereto and (B) all of its rights under the Participation Agreement; and (ii) the Borrower shall at all times retain the right, but not to the exclusion of the Administrative Agent, (A) to receive from the Lessee all notices, certificates and other documents and all information that the Lessee is permitted or required to give or furnish to the "Borrower" or the "Lessor" pursuant to the Lease, the Participation Agreement or any other Operative Agreement, (B) to inspect the Properties and otherwise exercise rights of the "Lessor" under Section 10.2 of the Lease, (C) to retain all rights with respect to insurance that Section 14 of the Lease specifically confers upon the "Lessor", (D) to provide such insurance as the Lessee shall have failed to maintain or as the Borrower may desire, (E) to enforce compliance by the Lessee with the provisions of Sections 8, 9, 10, 11, 14 and 21 30.10 of the Lease, and (F) subject to the other applicable provisions of this Agreement, including, without limitation, Section 8.3(c) hereof, to perform for the Lessee under Section 17 of the Lease.

Appears in 1 contract

Sources: Credit Agreement (Sailors Inc)

Certain Remedial Matters. (a) Notwithstanding any other provision of this Agreement Indenture or any other Credit DocumentOperative Agreement: (i) the Borrower Issuer shall at all times times, to the exclusion of the Administrative Agent Collateral Agent, retain (A) all rights to Excepted Payments and to demand, collect or commence an action at law to obtain such payments and to enforce any judgment with respect thereto and (B) all of its rights under the Participation Agreement; and (ii) the Borrower Issuer shall at all times retain the right, but not to the exclusion of the Administrative Collateral Agent, (A) to receive from the Lessee all notices, certificates and other documents and all information that the Lessee is permitted or required to give or furnish to the "Borrower" or the "Lessor" pursuant to the Lease, the Participation Agreement or any other Operative AgreementDocument, (B) to inspect the Properties and otherwise exercise rights of the "Lessor" under Section 10.2 of the LeaseEquipment, (C) to retain all rights with respect to insurance that Section 14 of the Lease specifically confers upon the "Lessor", (D) to provide such insurance as the Lessee shall have failed to maintain or as the Borrower Issuer may desire, desire and (E) to enforce compliance by the Lessee with the provisions of Sections 8, 9, 10, 11, 11 and 14 and 21 of the Lease, and (F) subject to the other applicable provisions of this Agreement, including, without limitation, Section 8.3(c) hereof, to perform for the Lessee under Section 17 of the Lease.. 40

Appears in 1 contract

Sources: Indenture (Hanover Compressor Co /)