Common use of Extension and Usury Laws Clause in Contracts

Extension and Usury Laws. Each of the Company and the Guarantor covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, plead or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and each of the Company and the Guarantor (to the extent it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will not, by resort to any such law, 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 has been enacted.

Appears in 1 contract

Sources: Indenture (SFW Holding Corp)

Extension and Usury Laws. Each The Company and each of the Company and the Guarantor Guarantors covenants (to the extent that it may lawfully do so) that it will shall not at any time insist upon, plead plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which that may affect the covenants or the performance of this Indenture; and the Company and each of the Company and the Guarantor Guarantors (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 shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will shall suffer and permit the execution of every such power as though no such law has been enacted.

Appears in 1 contract

Sources: First Supplemental Indenture (Key Energy Services Inc)