Common use of Borrower's Waiver of Certain Rights Clause in Contracts

Borrower's Waiver of Certain Rights. Borrower and any endorser, guarantor or surety hereby waives the exercise of any and all exemption rights which it holds at law or in equity with respect to the debt evidenced by this Note, and of any and all rights which it holds at law or in equity to require any valuation, appraisal or marshalling, or to have or receive any presentment, protest, demand and notice of dishonor, protest, demand and nonpayment as a condition to the Holder's exercise of any of its rights under this Note or the Loan Documents.

Appears in 3 contracts

Samples: Loan Agreement (Capital Senior Living Corp), Mezzanine Loan Agreement (Capital Senior Living Corp), Mezzanine Loan Agreement (Capital Senior Living Corp)

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Borrower's Waiver of Certain Rights. Borrower and any endorser, guarantor or surety hereby waives the exercise of any and all exemption rights which it holds at law or in equity with respect to the debt evidenced by this Note, and of any and all rights which it holds at law or in equity to require any valuation, appraisal or marshalling, or to have or receive any presentment, protest, demand and notice of dishonor, protest, demand and nonpayment as a condition to the Holder's exercise of any of its rights under this Note or the Loan Documents.

Appears in 3 contracts

Samples: Loan and Credit Facility Agreement (Cv Reit Inc), Real Estate Purchase Agreement (Cv Reit Inc), Loan and Credit Facility Agreement (Cv Reit Inc)

Borrower's Waiver of Certain Rights. Borrower Borrowers and any endorser, guarantor or surety hereby waives the exercise of any and all exemption rights which it holds they hold at law or in equity with respect to the debt evidenced by this Note, and of any and all rights which it holds at law or in equity to require any valuation, appraisal or marshalling, or to have or receive any presentment, protest, demand and notice of dishonor, protest, demand and nonpayment as a condition to the Holder's Lender’s exercise of any of its rights under this Note or the Loan Documents.

Appears in 2 contracts

Samples: Promissory Note (Advocat Inc), Promissory Note (Advocat Inc)

Borrower's Waiver of Certain Rights. Borrower Borrowers and any endorser, guarantor or surety hereby waives the exercise of any and all exemption rights which it holds at law or in equity with respect to the debt evidenced by this Note, and of any and all rights which it holds at law or in equity to require any valuation, appraisal or marshalling, or to have or receive any presentment, protest, demand and notice of dishonor, protest, demand and nonpayment as a condition to the Holder's Lender’s exercise of any of its rights under this Note or the Loan Documents.

Appears in 2 contracts

Samples: Promissory Note (Emeritus Corp\wa\), Promissory Note (Emeritus Corp\wa\)

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Borrower's Waiver of Certain Rights. Each of Borrower and any endorser, guarantor or surety hereby waives the exercise of any and all exemption rights which it holds at law or in equity with respect to the debt evidenced by this Note, and of any and all rights which it holds at law or in equity to require any valuation, appraisal or marshalling, or to have or receive any presentment, protest, demand and notice of dishonor, protest, demand and nonpayment as a condition to the Holder's exercise of any of its rights under this Note or the Loan Documents.

Appears in 1 contract

Samples: Renewal Promissory Note (American Retirement Corp)

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