Example ContractsClausesabatementIdentical
Abatement
Abatement contract clause examples

Unconditional Payment. Borrower is and shall be obligated to pay all principal, interest and any and all other amounts which become payable under any of the Loan Documents absolutely and unconditionally and without any abatement, postponement, diminution or deduction whatsoever and without any reduction for counterclaim or setoff whatsoever. If at any time any payment received by Administrative Agent hereunder shall be deemed by a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under any Debtor Relief Law, then the obligation to make such payment shall survive any cancellation or satisfaction of the Obligations under the Loan Documents and shall not be discharged or satisfied with any prior payment thereof or cancellation of such Obligations, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable upon demand.

Third Amendment to Credit Agreement
Source: SEC EDGAR database • Date: May 11, 2023 • SIC: 7363 • CIK: 7363
First Amendment to Amended and Restated Credit Agreement
Source: SEC EDGAR database • Date: November 7, 2024 • SIC: 7363 • CIK: 7363

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