Common use of Acknowledgment Regarding Waivers Clause in Contracts

Acknowledgment Regarding Waivers. EACH PLEDGOR’S WAIVERS UNDER THIS SECTION 12 HAVE BEEN MADE VOLUNTARILY, INTELLIGENTLY AND KNOWINGLY AND AFTER SUCH PLEDGOR HAS BEEN APPRISED AND COUNSELED BY ITS ATTORNEY AS TO THE NATURE THEREOF AND ITS POSSIBLE ALTERNATIVE RIGHTS.

Appears in 2 contracts

Samples: Security Agreement (Nestor Inc), Securities Purchase Agreement (Nestor Inc)

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Acknowledgment Regarding Waivers. EACH PLEDGOR’S 'S WAIVERS UNDER THIS SECTION 12 HAVE BEEN MADE VOLUNTARILY, INTELLIGENTLY AND KNOWINGLY AND AFTER SUCH PLEDGOR HAS BEEN APPRISED AND COUNSELED BY ITS ATTORNEY AS TO THE NATURE THEREOF AND ITS POSSIBLE ALTERNATIVE RIGHTS.

Appears in 2 contracts

Samples: Security Agreement (Security Devices International Inc.), Security Agreement (Security Devices International Inc.)

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