Noninterference, etc Sample Clauses
The Noninterference clause prohibits parties from disrupting, hindering, or otherwise interfering with each other's operations, rights, or obligations under the agreement. In practice, this means that neither party may take actions that would obstruct the other’s business activities, such as blocking access to necessary resources or impeding performance of contractual duties. The core function of this clause is to ensure smooth cooperation and prevent intentional or inadvertent actions that could undermine the agreement’s objectives.
Noninterference, etc. The Issuer shall not (i) waive or alter any of its rights under the Spread Account Agreement Collateral (or any agreement or instrument relating thereto) without the prior written consent of the Controlling Party, (ii) fail to pay any tax, assessment, charge or fee levied or assessed against the Spread Account Agreement Collateral, or to defend any action, if such failure to pay or defend may adversely affect the priority or enforceability of the Issuer’s right, title or interest in and to the Spread Account Agreement Collateral or the Collateral Agent’s lien on, and security interest in, the Spread Account Agreement Collateral for the benefit of the Issuer Secured Parties or (iii) take any action, or fail to take any action, if such action or failure to take action will interfere with the enforcement of any rights under the Basic Documents.
Noninterference, etc. The Seller shall not (i) waive or alter any of its rights under the Collateral (or any agreement or instrument relating thereto) without the prior written consent of the Controlling Party; or (ii) fail to pay any tax, assessment, charge or fee levied or assessed against the Collateral, or to defend any action, if such failure to pay or defend may adversely affect the priority or enforceability of the Seller's right, title or interest in and to the Collateral or the Collateral Agent's lien on, and security interest in, the Collateral for the benefit of the Secured Parties; or (iii) take any action, or fail to take any action, if such action or failure 'to take action will interfere with the enforcement of any rights under the Transaction Documents.
Noninterference, etc. No Obligor shall (i) waive or alter any of its rights under any portion of any Series Trust Estate (or any agreement or instrument relating thereto) without the prior written consent of the Series Controlling Party; or (ii) take any action, or fail to take any action, if such action or failure to take action will interfere with the enforcement of any rights under the Series Related Documents.
Noninterference, etc. The Trust shall not (i) waive or alter any of its rights under the Collateral (or any agreement or instrument relating thereto) without the prior written consent of the Controlling Party; or (ii) fail to pay any tax, assessment, charge or fee levied or assessed against the Collateral, or to defend any action, if such failure to pay or defend may adversely affect the priority or enforceability of the Trust’s right, title or interest in and to the Collateral or the Collateral Agent’s lien on, and security interest in, the Collateral for the benefit of the Secured Parties; or (iii) take any action, or fail to take any action, if such action or failure to take action, will interfere with the enforcement of any rights under the Transaction Documents.
Noninterference, etc. The Bank and WFAL 2 shall not take any action, or fail to take any action, if such action or failure to take action will interfere with the enforcement of any rights under this Agreement, the Servicing Agreement or the Existing Agreements.
Noninterference, etc. The Borrower shall not (i) except to the extent -------------------- expressly permitted or contemplated by Section 5.2 of the Sale and Servicing Agreement, waive or alter, or permit to be waived or altered any of its rights under the Collateral (or any agreement or instrument relating thereto) without the prior written consent of the Administrative Agent (acting at the direction of the Required Lending Groups); or (ii) fail to pay any tax, assessment, charge or fee levied or assessed against the Collateral, or to defend any action, if such failure to pay or defend may adversely affect the priority or enforceability of the Borrower's right, title or interest in and to the Collateral or the Administrative Agent's lien on, and security interest in, the Collateral for the benefit of the Secured Parties; or (iii) take any action, or fail to take any action, if such action or failure to take action will interfere with the enforcement of any rights under the Basic Agreements.
Noninterference, etc. 37 Section 5.06. Seller Changes. . . . . . . . . . . . . . . . . . . . . . . . . . . 38 ARTICLE VI CONTROLLING PARTY; INTERCREDITOR PROVISIONS
Noninterference, etc. The Trust Depositor shall not (i) waive or alter any of its rights under the Collateral (or any agreement or instrument relating thereto) without the prior written consent of the Collateral Agent and the Secured Party; or (ii) fail to pay any tax, assessment, charge or fee levied or assessed against the Collateral, or to defend any action, if such failure to pay or defend may adversely affect the priority or enforceability of the Trust Depositor's right, title or interest in and to the Collateral or the Collateral Agent's lien on, and security interest in, the Collateral for the benefit of the Secured Party; or (iii) take any action, or fail to take any action, if such action or failure to take action will interfere with the enforcement of any rights under the Transaction Documents.
Noninterference, etc. The Issuer shall not (i) waive or alter any of its rights under the Collateral (or any agreement or instrument relating thereto) without the prior written consent of the Controlling Party; or (ii) fail to pay any tax, assessment, charge or fee levied or assessed against the Collateral, or to defend any action, if such failure to pay or defend may adversely affect the priority or enforceability of the Seller's right, title or interest in and to the Collateral or the Collateral Agent's lien on, and security interest in, the Collateral for the benefit of the Secured Parties; or (iii) take any action, or fail to take any action, if such action or failure to take action will interfere with the enforcement of any rights under the Transaction Documents.
Noninterference, etc. The Trust shall not (i) waive or alter any of its rights under the Spread Account Agreement Collateral (or any agreement or instrument relating thereto) without the prior written consent of the Controlling Party, (ii) fail to pay any tax, assessment, charge or fee levied or assessed against the Spread Account Agreement Collateral, or to defend any action, if such failure to pay or defend may adversely affect the priority or enforceability of the Trust’s right, title or interest in and to the Spread Account Agreement Collateral or the Collateral Agent’s lien on, and security interest in, the Spread Account Agreement Collateral for the benefit of the Trust Secured Parties or (iii) take any action, or fail to take any action, if such action or failure to take action will interfere with the enforcement of any rights under the Basic Documents.