Example ContractsClausesjudgmentVariants
Remove:

Judgment. The obligations of the Company or any Subsidiary Borrower in respect of this Agreement and the other Loan Documents due to any party hereto shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currency in which the sum originally due to such party is denominated (the “Original Currency”), be discharged only to the extent that on the Business Day following receipt by such party of any sum adjudged to be so due in the Judgment Currency such party may in accordance with normal banking procedures purchase the Original Currency with the Judgment Currency; if the amount of the Original Currency so purchased is less than the sum originally due under such judgment to such party in the Original Currency, the Company or such Subsidiary Borrower, as the case may be, agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such party against such loss, and if the amount of the Original Currency so purchased exceeds the sum originally due to any party to this Agreement, such party agrees to remit to the Company such excess. The provisions of this [Section 10.13] shall survive the termination of this Agreement and payment of the obligations of the Company and the Subsidiary Borrowers under this Agreement and the other Loan Documents.

Judgment.10.13Judgment. The obligations of the Company or any Subsidiary Borrower in respect of this Agreement and the other Loan Documents due to any party hereto shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currency in which the sum originally due to such party is denominated (the “Original Currency”), be discharged only to the extent that on the Business Day following receipt by such party of any sum adjudged to be so due in the Judgment Currency such party may in accordance with normal banking procedures purchase the Original Currency with the Judgment Currency; if the amount of the Original Currency so purchased is less than the sum originally due under such judgment to such party in the Original Currency, the Company or such Subsidiary Borrower, as the case may be, agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such party against such loss, and if the amount of the Original Currency so purchased exceeds the sum originally due to any party to this Agreement, such party agrees to remit to the Company such excess. The provisions of this [Section 10.13] shall survive the termination of this Agreement and payment of the obligations of the Company and the Subsidiary Borrowers under this Agreement and the other Loan Documents.

Judgment. The obligations of the Company or any Subsidiary Borrower in respect of this Agreement and the other Loan Documentsany sum due to any party hereto or any holder of the obligations owing hereunder (the “Applicable Creditor”) shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currency in which thesuch sum originallyis stated to be due to such party is denominatedhereunder (the “Original“Agreement Currency”), be discharged only to the extent thatthat, on the Business Day following receipt by such partythe Applicable Creditor of any sum adjudged to be so due in the Judgment Currency such partyCurrency, the Applicable Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the OriginalAgreement Currency with the Judgment Currency; if the amount of the OriginalAgreement Currency so purchased is less than the sum originally due under such judgment to such partythe Applicable Creditor in the OriginalAgreement Currency, the Company or such Subsidiary Borrower, as the case may be, agrees, as a separate obligation and notwithstanding any such judgment, agrees to indemnify such partythe Applicable Creditor against such loss, and if the amountloss. The obligations of the Original Currency so purchased exceeds the sum originally due to any party to contained in this Agreement, such party agrees to remit to the Company such excess. The provisions of this [Section 10.13]Section shall survive the termination of this Agreement and the payment of the obligations of the Company and the Subsidiary Borrowers under this Agreement and theall other Loan Documents.amounts owing hereunder.

Judgment. The obligationsobligation of the Company or any Subsidiary Borrower in respect of this Agreement and the other Loan Documentsany sum due from it to any party heretoLender hereunder shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currencythat in which thesuch sum originally due to such party is denominated in accordance with the applicable provisions of this Agreement (the “Original“Agreement Currency”), be discharged only to the extent that on the Business Day following receipt by such partyLender of any sum adjudged to be so due in the Judgment Currency such partyLender may in accordance with normal banking procedures purchase the OriginalAgreement Currency with the Judgment Currency; if the amount of the OriginalAgreement Currency so purchased is less than the sum originally due underto such Lender in the Agreement Currency, the agrees notwithstanding any such judgment to such party in the Original Currency, the Company or such Subsidiary Borrower, as the case may be, agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such partyLender against such loss, and if the amount of the OriginalAgreement Currency so purchased exceeds the sum originally due to any party to this Agreement,Lender, such partyLender agrees to remit to the Company such excess. The provisions of this [Section 10.13] shall survive the termination of this Agreement and payment of the obligations of the Company and the Subsidiary Borrowers under this Agreement and the other Loan Documents.

Judgment. The obligations of the Company or any Subsidiary Borrower in respect of this Agreement and the other Loan Documentsany sum due to any party hereto or any holder of the obligations owing hereunder (the “Applicable Creditor”) shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currency in which thesuch sum originallyis stated to be due to such party is denominatedhereunder (the “Original“Agreement Currency”), be discharged only to the extent thatthat, on the Business Day following receipt by such partythe Applicable Creditor of any sum adjudged to be so due in the Judgment Currency such partyCurrency, the Applicable Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the OriginalAgreement Currency with the Judgment Currency; if the amount of the OriginalAgreement Currency so purchased is less than the sum originally due under such judgment to such partythe Applicable Creditor in the OriginalAgreement Currency, the Company or such Subsidiary Borrower, as the case may be,Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such partythe Applicable Creditor against such loss, and if the amountloss. The obligations of the Original Currency so purchased exceeds the sum originally due to any party to this Agreement, such party agrees to remit to the Company such excess. The provisions ofBorrower contained in this [Section 10.13]9.15] shall survive the termination of this Agreement and the payment of the obligations of the Company and the Subsidiary Borrowers under this Agreement and theall other Loan Documents.amounts owing hereunder.

Judgment. The obligations of the Company or any Subsidiaryeach Borrower in respect of this Agreement and the other Loan Documentsany sum due to any party hereto or any holder of the obligations owing hereunder (the “Applicable Creditor”) shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currency in which thesuch sum originallyis stated to be due to such party is denominatedhereunder (the “Original“Agreement Currency”), be discharged only to the extent thatthat, on the Business Day following receipt by such partythe Applicable Creditor of any sum adjudged to be so due in the Judgment Currency such partyCurrency, the Applicable Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the OriginalAgreement Currency with the Judgment Currency; if the amount of the OriginalAgreement Currency so purchased is less than the sum originally due under such judgment to such partythe Applicable Creditor in the OriginalAgreement Currency, the Company or such Subsidiary Borrower, as the case may be,Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such partythe Applicable Creditor against such loss, and if the amountloss. The obligations of the Original Currency so purchased exceeds the sum originally due to any party to this Agreement, such party agrees to remit to the Company such excess. The provisions ofBorrowers contained in this [Section 10.13]8.15] shall survive the termination of this Agreement and the payment of the obligations of the Company and the Subsidiary Borrowers under this Agreement and theall other Loan Documents.amounts owing hereunder.

Judgment. The obligations#The obligation of the Company or any Subsidiary Borrower in respect of this Agreement and the other Loan Documentsany sum due to any party heretoBank or the Administrative Agent hereunder shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currencythat in which thesuch sum originally due to such party is denominated in accordance with the applicable provisions of this Agreement or the other Credit Documents (the “Original“Agreement Currency”), be discharged only to the extent that on the Business Day following receipt by such partyBank or the Administrative Agent (as the case may be) of any sum adjudged to be so due in the Judgment Currency such partyBank or the Administrative Agent (as the case may be) may in accordance with normal banking procedures purchase the OriginalAgreement Currency with the Judgment Currency; if the amount of the OriginalAgreement Currency so purchased is less than the sum originally due under such judgment to such partyBank or the Administrative Agent (as the case may be) in the OriginalAgreement Currency, the Company or such Subsidiary Borrower, asBorrower (as the case may be,be) agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such partyBank or the Administrative Agent (as the case may be) against such loss, and if the amount of the OriginalAgreement Currency so purchased exceeds the sum originally due to any party to this Agreement,Bank or the Administrative Agent (as the case may be), such partyBank or the Administrative Agent (as the case may be) agrees to remit to the Company or such Subsidiary Borrower (as the case may be) such excess. The provisions of this [Section 10.13] shall survive the termination of this Agreement and payment of the obligations of the Company and the Subsidiary Borrowers under this Agreement and the other Loan Documents.

Judgment.Section # Judgment Currency. If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Lender could purchase the first currency with such other currency on the Business Day preceding that on which final judgment is given. The obligationsobligation of the Company or any Subsidiary Borrower in respect of this Agreement andany such sum due from it to the Lender hereunder or under the other Loan Documents due to any party hereto shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currencythat in which thesuch sum originally due to such party is denominated in accordance with the applicable provisions of this Agreement (the “Original“Agreement Currency”), be discharged only to the extent that on the Business Day following receipt by such partythe Lender of any sum adjudged to be so due in the Judgment Currency such partyCurrency, the Lender may in accordance with normal banking procedures purchase the OriginalAgreement Currency with the Judgment Currency; ifCurrency. If the amount of the OriginalAgreement Currency so purchased is less than the sum originally due under such judgment to such partythe Lender from the Company in the OriginalAgreement Currency, the Company or such Subsidiary Borrower, as the case may be, agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such partythe Lender against such loss, and ifloss. If the amount of the OriginalAgreement Currency so purchased exceedsis greater than the sum originally due to any party to this Agreement,the Lender in such partycurrency, the Lender agrees to remitreturn the amount of any excess to the Company such excess. The provisions of this [Section 10.13] shall survive the termination of this Agreement and payment of the obligations of the Company and the Subsidiary Borrowers(or to any other Person who may be entitled thereto under this Agreement and the other Loan Documents.applicable law).

Judgment. The obligations of Holdings and the Company or any Subsidiary BorrowerBorrowers in respect of this Agreement and the other Loan Documentsany sum due to any party hereto or any holder of any obligation owing hereunder (the “Applicable Creditor”) shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currency in which thesuch sum originallyis stated to be due to such party is denominatedhereunder (the “Original“Agreement Currency”), be discharged only to the extent thatthat, on the Business Day following receipt by such partythe Applicable Creditor of any sum adjudged to be so due in the Judgment Currency such partyCurrency, the Applicable Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the OriginalAgreement Currency with the Judgment Currency; if the amount of the OriginalAgreement Currency so purchased is less than the sum originally due under such judgment to such partythe Applicable Creditor in the OriginalAgreement Currency, Holdings and the Company or such Subsidiary Borrower, as the case may be, agrees,Borrowers agree, as a separate obligation and notwithstanding any such judgment, to indemnify such partythe Applicable Creditor against such loss, and if the amountloss. The obligations of the Original Currency so purchased exceeds the sum originally due to any party toBorrowers under this Agreement, such party agrees to remit to the Company such excess. The provisions of this [Section 10.13]Section shall survive the termination of this Agreement and the payment of the obligations of the Company and the Subsidiary Borrowers under this Agreement and theall other Loan Documents.amounts owing hereunder.

Judgment. The obligations of the Company or any Subsidiary Borrowereach party hereto in respect of this Agreement and the other Loan Documentsany sum due to any other party hereto or any holder of the obligations owing hereunder (the “Applicable Creditor”) shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than the currency in which thesuch sum originallyis stated to be due to such party is denominatedhereunder (the “Original“Agreement Currency”), be discharged only to the extent thatthat, on the Business Day following receipt by such partythe Applicable Creditor of any sum adjudged to be so due in the Judgment Currency such partyCurrency, the Applicable Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the OriginalAgreement Currency with the Judgment Currency; if the amount of the OriginalAgreement Currency so purchased is less than the sum originally due under such judgment to such partythe Applicable Creditor in the OriginalAgreement Currency, the Company or such Subsidiary Borrower, as the case may be,party agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such partythe Applicable Creditor against such loss, and if the amountloss. The obligations of the Original Currency so purchased exceeds the sum originally due to any party toparties contained in this Agreement, such party agrees to remit to the Company such excess. The provisions of this [Section 10.13]Section shall survive the termination of this Agreement and the payment of the obligations of the Company and the Subsidiary Borrowers under this Agreement and theall other Loan Documents.amounts owing hereunder.

Load more...
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.