Common use of GRANTOR'S WAIVERS Clause in Contracts

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (a) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtedness, default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or the creation of new or additional Indebtedness; (b) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 3 contracts

Samples: Commercial Pledge and Security Agreement (Penn Octane Corp), Disbursement Request and Authorization (California Beach Restaurants Inc), Commercial Security Agreement (Faroudja Inc)

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GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (aA) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtedness, default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or the creation of new or additional Indebtedness; (b) proceed against any person, including Borrower, before proceeding against Grantor;of

Appears in 2 contracts

Samples: Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Heritage Global Inc.)

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (aA) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtedness, default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or the creation of new or additional Indebtedness; COMMERCIAL SECURITY AGREEMENT (bContinued) proceed against any person, including Borrower, before proceeding against Grantor;Page 2 --------------------------------------------------------------------------------

Appears in 2 contracts

Samples: Commercial Security Agreement (Daily Journal Corp), Commercial Security Agreement (Daily Journal Corp)

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (a) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtedness, Indebtedness default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or on the creation of new or additional Indebtedness; Indebtedness (b) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 2 contracts

Samples: Commercial Security Agreement (Boatracs Inc /Ca/), Commercial Security Agreement (Boatracs Inc /Ca/)

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (a) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtedness, Indebtedness default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or on the creation of new or additional Indebtedness; (b) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 1 contract

Samples: Commercial Security Agreement (Boatracs Inc /Ca/)

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (a) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtednessindebtedness, default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or the creation of new or additional Indebtedness; (b) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 1 contract

Samples: Commercial Security Agreement (Fresh Enterprises Inc)

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (aA) make any presentment, protest, demand, or notice of or any kind, including notice of change of any terms of repayment of the Indebtedness, default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or the creation of new or additional Indebtedness; (bB) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 1 contract

Samples: Commercial Security Agreement (Ophthalmic Imaging Systems)

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (aA) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtedness, default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or the creation of new or additional Indebtedness; (bB) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 1 contract

Samples: Commercial Security Agreement (Auto Graphics Inc)

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GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (aA) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtedness, default by Borrower or any other guarantor or surety, any action or nonaction non action taken by Borrower, Lender, or any other guarantor or surety of Borrower, or the creation of new or additional Indebtedness; (bB) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 1 contract

Samples: Commercial Security Agreement (Auto Graphics Inc)

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (a) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtedness, Indebtedness default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, on the creation of new or additional Indebtedness (b) proceed against Borrower, on the creation of new or additional Indebtedness; (b) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 1 contract

Samples: Commercial Security Agreement (Boatracs Inc /Ca/)

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives any right to require Lender to (a) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtedness, default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or the creation of new or additional Indebtedness; (b) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 1 contract

Samples: Commercial Security Agreement (Keith Companies Inc)

GRANTOR'S WAIVERS. Except as prohibited by applicable law, Grantor waives waivers any right to require Lender to (a) make any presentment, protest, demand, or notice of any kind, including notice of change of any terms of repayment of the Indebtednessindebtedness, default by Borrower or any other guarantor or surety, any action or nonaction taken by Borrower, Lender, or any other guarantor or surety of Borrower, or the creation of new or additional Indebtedness; indebtedness, (b) proceed against any person, including Borrower, before proceeding against Grantor;

Appears in 1 contract

Samples: Commercial Pledge and Security Agreement (Boatracs Inc /Ca/)

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