Common use of Borrower Waivers Clause in Contracts

Borrower Waivers. To the extent permitted by all Legal Requirements, Borrower hereby waives presentment and demand for payment, protest, notice of intention to accelerate, notice of acceleration, and notice of protest and nonpayment, and agrees that its liability with respect to the Obligation (or any part thereof) shall not be affected by any renewal or extension in the time of payment of the Obligation (or any part thereof), by any indulgence, or by any release or change in any security for the payment of the Obligation (or any part thereof).

Appears in 6 contracts

Samples: Credit Agreement (Centex Corp), Credit Agreement (Centex Development Co Lp), Letter of Credit and Reimbursement Agreement (Centex Corp)

AutoNDA by SimpleDocs

Borrower Waivers. To the extent permitted by all Legal RequirementsLaw, Borrower hereby waives presentment and demand for payment, protest, notice of intention to accelerate, notice of acceleration, and notice of protest and nonpayment, and agrees that its liability with respect to the Obligation (or any part thereof) ), shall not be affected by any renewal or extension in the time of payment of the Obligation (or any part thereof), by any indulgence, or by any release or change in any security for the payment of the Obligation (or any part thereof).

Appears in 1 contract

Samples: Revolving Credit Agreement (Southdown Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!