COVENANTS AND WAIVERS. The Borrowers and all others who now or may at any time become liable for all or any part of the obligations evidenced hereby, expressly agree hereby to be jointly and severally bound, and jointly and severally: (i) waive and renounce any and all homestead, redemption and exemption rights and the benefit of all valuation and appraisement privileges against the indebtedness evidenced by this Note or by any extension or renewal hereof; (ii) waive presentment and demand for payment, notices of nonpayment and of dishonor, protest of dishonor, and notice of protest; (iii) waive any and all notices in connection with the delivery and acceptance hereof and all other notices in connection with the performance, default, or enforcement of the payment hereof or hereunder; (iv) waive any and all lack of diligence and delays in the enforcement of the payment hereof; (v) agree that the liability of the Borrowers and each guarantor, endorser or obligor shall be unconditional and without regard to the liability of any other person or entity for the payment hereof, and shall not in any manner be affected by any indulgence or forbearance granted or consented to by the Lender to any of them with respect hereto; (vi) consent to any and all extensions of time, renewals, waivers, or modifications that may be granted by the Lender with respect to the payment or other provisions hereof, and to the release of any security at any time given for the payment hereof, or any part thereof, with or without substitution, and to the release of any person or entity liable for the payment hereof; and (vii) consent to the addition of any and all other makers, endorsers, guarantors, and other obligors for the payment hereof, and to the acceptance of any and all other security for the payment hereof, and agree that the addition of any such makers, endorsers, guarantors or other obligors, or security shall not affect the liability of the Borrowers, any guarantor and all others now liable for all or any part of the obligations evidenced hereby. This provision is a material inducement for the Lender making the Loan to the Borrowers.
COVENANTS AND WAIVERS. Each Shareholder hereby:
COVENANTS AND WAIVERS. (a) Xx. Xxxxx hereby agrees to promptly take such further actions as reasonably necessary, without additional compensation (as long as Xx. Xxxxx does not incur out-of-pocket expenses), to execute and deliver to the Company such certificates, instruments or other documents as may be reasonably necessary to accomplish transition of authority to his successor and to accomplish any and all legally required disclosures by the Company regarding his resignation.
COVENANTS AND WAIVERS. As an inducement to DenAmerica's and BEP's execution hereof, APF hereby waives any and all defaults of DenAmerica or BEP or any of their respective affiliates under the terms and provisions of the Credit Agreement or the Loan Documents as of the date hereof, and further waives any financial covenant defaults or non-material defaults (not including payment defaults) of DenAmerica or BEP or any of their respective affiliates through August 31, 1999, which waiver shall in no way be considered a waiver of any default, other than financial covenant defaults or non-material defaults (not including payment defaults) by DenAmerica or BEP or any of their respective affiliates, after the date hereof under the Consolidated Interim Note, the Credit Agreement, or the Form Documents or a limitation on any of the rights and remedies available to APF under the Credit Agreement if a default occurs, other than a financial covenant or non- material default (not including payment defaults), after the date hereof under the Consolidated Interim Note, Credit Agreement or Form Documents.
COVENANTS AND WAIVERS. Borrower and all others who now or may at any time become liable for all or any part of the obligations evidenced hereby, expressly agree hereby to be jointly and severally bound, and jointly and severally: (i) waive and renounce any and all homestead, redemption and exemption rights and the benefit of all valuation and appraisement privileges against the indebtedness evidenced by this Note or by any extension or renewal hereof;
COVENANTS AND WAIVERS. (a) Xx. Xxxxx hereby agrees to promptly take such further actions as reasonably necessary, without additional compensation except with respect for the Transition Period Consulting Services payments, to execute and deliver to the Company such certificates, instruments or other documents as may be reasonably necessary to accomplish transition of authority to his successor and to accomplish any and all legally required disclosures by the Company regarding his resignation and to provide for the fluid and cooperative transitions of operations and business of the Company.
COVENANTS AND WAIVERS. (a) Each of the Company and CR&P hereby agrees to promptly take such further actions as reasonably necessary, without additional compensation (as long as CR&P does not incur out-of-pocket expenses), to execute and deliver such certificates, instruments or other documents as may be reasonably necessary to accomplish the purposes of this Agreement.
COVENANTS AND WAIVERS. (a) Each of the Investor and the Company hereby agrees to promptly take such further actions as reasonably necessary, without additional compensation (as long as the the Investor does not incur out-of-pocket expenses), to execute and deliver such certificates, instruments or other documents as may be reasonably necessary to accomplish the purposes of this Agreement.
COVENANTS AND WAIVERS. As a material inducement for the Holder entering into the Purchase Agreement, the Issuer and all others who now or may at any time become liable for all or any part of the obligations evidenced hereby, expressly agree hereby to be jointly and severally bound, and jointly and severally:
COVENANTS AND WAIVERS
