Common use of Assumption of Rights, Obligations and Liabilities Clause in Contracts

Assumption of Rights, Obligations and Liabilities. Additional Grantor assumes all of the rights, obligations and liabilities of a Grantor under the Agreement and agrees to be bound thereby as if Additional Grantor were an original party to the Agreement. Without limiting the generality of the foregoing, Additional Grantor waives notice of the creation, advance, increase, existence, extension, or renewal of, or of any indulgence with respect to, the Obligations; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligations outstanding at any time, notice of any change in financial condition of Grantor, notice of any default or Event of Default, and all other notices respecting the Obligations (except for any such notices that are required to be given to Additional Grantor pursuant to the other provisions of this Agreement or the provisions of the Securities, the Indenture or any other Transaction Document); and agrees that maturity of the Obligations and any part thereof may be accelerated, extended, or renewed one or more times by the Holders, in its or their discretion, without notice to Additional Grantor.

Assumption of Rights, Obligations and Liabilities. Additional Grantor assumes all of the rights, obligations and liabilities of a Grantor under the Agreement and agrees to be bound thereby as if Additional Grantor were an original party to the Agreement. Without limiting the generality of the foregoing, Additional Grantor waives notice of the creation, advance, increase, existence, extension, or renewal of, or of any indulgence with respect to, the Obligations; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligations outstanding at any time, notice of any change in financial condition of Grantor, notice of any default or Event of Default, and all other notices respecting the Obligations (except for any such notices that are required to be given to Additional Grantor pursuant to the other provisions of this Agreement or the provisions of the SecuritiesNotes, the Indenture or any other Transaction Document); and agrees that maturity of the Obligations and any part thereof may be accelerated, extended, or renewed one or more times by the Holders, in its or their discretion, without notice to Additional Grantor.

Assumption of Rights, Obligations and Liabilities. The Additional Grantor ------------------------------------------------- Pledgor assumes all of the rights, obligations and liabilities of a Grantor Pledgor under the Agreement and agrees to be bound thereby as if the Additional Grantor Pledgor were an original party to the Agreement. Without limiting the generality of the foregoing, the Additional Grantor Pledgor hereby waives notice of the creation, advance, increase, existence, extension, or renewal of, or of any indulgence with respect to, the Obligations; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligations outstanding at any time, notice of any change in financial condition of Grantorthe Pledgor or any other Guarantors, notice of any default or Event of Default, and all other notices respecting the Obligations (except for any such notices that are required to be given to such Additional Grantor Pledgor pursuant to the other provisions of this Agreement or the provisions of the Securities, the Indenture or any other Transaction Collateral Document); and agrees that maturity of the Obligations and any part thereof may be accelerated, extended, or renewed one or more times by the Holders, in its or their discretion, without notice to such Additional GrantorPledgor.

Assumption of Rights, Obligations and Liabilities. Additional Grantor Debtor assumes all of the rights, obligations and liabilities of a Grantor Debtor under the Agreement and agrees to be bound thereby as if Additional Grantor Debtor were an original party to the Agreement. Without limiting the generality of the foregoing, Additional Grantor Debtor waives notice of the creation, advance, increase, existence, extension, or renewal of, or of any indulgence with respect to, the Obligations; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligations outstanding at any time, notice of any change in financial condition of GrantorDebtor, notice of any default Default or Event of Default, and all other notices respecting the Obligations (except for any such notices that are required to be given to Additional Grantor Debtor pursuant to the other provisions of this Agreement or the provisions of the SecuritiesNotes, the Indenture or Indenture, the other Collateral Documents and any other Transaction Documentdocument or other agreement executed in connection herewith or therewith); and agrees that maturity of the Obligations and any part thereof may be accelerated, extended, or renewed one or more times by the Holders, in its or their discretion, without notice to Additional GrantorDebtor.

Assumption of Rights, Obligations and Liabilities. The Additional ------------------------------------------------- Grantor assumes all of the rights, obligations and liabilities of a Grantor under the Agreement and agrees to be bound thereby as if the Additional Grantor were an original party to the Agreement. Without limiting the generality of the foregoing, the Additional Grantor waives notice of the creation, advance, increase, existence, extension, or renewal of, or of any indulgence with respect to, the Obligations; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligations outstanding at any time, notice of any change in financial condition of the Grantor, notice of any default or Event of Default, and all other notices respecting the Obligations (except for any such notices that are required to be given to the Additional Grantor pursuant to the other provisions of this Agreement or the provisions of the Securities, the Indenture or any other Transaction Collateral Document); and agrees that maturity of the Obligations and any part thereof may be accelerated, extended, or renewed one or more times by the Holders, in its or their discretion, without notice to the Additional Grantor.

Assumption of Rights, Obligations and Liabilities. Additional Grantor Debtor assumes all of the rights, obligations and liabilities of a Grantor Debtor under the Agreement and agrees to be bound thereby as if Additional Grantor Debtor were an original party to the Agreement. Without limiting the generality of the foregoing, Additional Grantor Debtor waives notice of the creation, advance, increase, existence, extension, or renewal of, or of any indulgence with respect to, the Obligations; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligations outstanding at any time, notice of any change in financial condition of GrantorDebtor, notice of any default Default or Event of Default, and all other notices respecting the Obligations (except for any such notices that are required to be given to Additional Grantor Debtor pursuant to the other provisions of this Agreement or the provisions of the SecuritiesSubordinated Loan Agreement, the Indenture or Subordinated Note, the other Collateral Documents and any other Transaction Documentdocument or other agreement executed in connection herewith or therewith); and agrees that maturity of the Obligations and any part thereof may be accelerated, extended, or renewed one or more times by the HoldersLender, in its or their discretion, without notice to Additional GrantorDebtor.