Common use of Guaranteed Obligations Not Waived Clause in Contracts

Guaranteed Obligations Not Waived. To the fullest extent permitted by applicable law, Kimco waives presentment to, demand of payment from and protest to any Subsidiary Borrower or to any other guarantor of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of Kimco hereunder shall not be affected by (a) the failure of any Lender Party to assert any claim or demand or to enforce or exercise any right or remedy against the applicable Borrower or any other Loan Party under the provisions of the Loan Documents or otherwise; (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of any Loan Document or any other agreement; (c) the failure or delay of any Lender Party for any reason whatsoever to exercise any right or remedy against any other guarantor of the Obligations; (d) the failure of any Lender Party to assert any claim or demand or to enforce any remedy under any Loan Document, any guarantee or any other agreement or instrument; (e) any default, failure or delay, willful or otherwise, in the performance of any Guaranteed Obligations; (f) any change in the corporate existence or structure of any Borrower; (g) the existence of any claims or set-off rights that Kimco may have; (h) any law, regulation, decree or order of any jurisdiction or any event affecting any term of a guaranteed obligation; or (i) any other act, omission or delay to do any other act which may or might in any manner or to any extent vary the risk of Kimco or otherwise operate as a discharge or exoneration of Kimco as a matter of law or equity or which would impair or eliminate any right of Kimco to subrogation.

Appears in 5 contracts

Samples: Credit Agreement (Kimco Realty Corp), Credit Agreement (Kimco Realty Corp), Credit Agreement (Kimco Realty Corp)

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Guaranteed Obligations Not Waived. To the fullest extent permitted by applicable law, Kimco Ultimate Parent waives presentment to, demand of payment from and protest to any Subsidiary Borrower Kimco or to any other guarantor of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of Kimco Ultimate Parent hereunder shall not be affected by (a) the failure of any Lender Party to assert any claim or demand or to enforce or exercise any right or remedy against the applicable Borrower or any other Loan Party under the provisions of the Loan Documents or otherwise; (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of any Loan Document or any other agreement; (c) the failure or delay of any Lender Party for any reason whatsoever to exercise any right or remedy against any other guarantor of the Obligations; (d) the failure of any Lender Party to assert any claim or demand or to enforce any remedy under any Loan Document, any guarantee or any other agreement or instrument; (e) any default, failure or delay, willful or otherwise, in the performance of any Guaranteed Obligations; (f) any change in the corporate existence or structure of any the Borrower; (g) the existence of any claims or set-off rights that Kimco Ultimate Parent may have; (h) any law, regulation, decree or order of any jurisdiction or any event affecting any term of a guaranteed obligation; or (i) any other act, omission or delay to do any other act which may or might in any manner or to any extent vary the risk of Kimco Ultimate Parent or otherwise operate as a discharge or exoneration of Kimco Ultimate Parent as a matter of law or equity or which would impair or eliminate any right of Kimco Ultimate Parent to subrogation.

Appears in 2 contracts

Samples: Parent Guarantee (Kimco Realty OP, LLC), Parent Guarantee (Kimco Realty OP, LLC)

Guaranteed Obligations Not Waived. To the fullest extent permitted by applicable law, Kimco Ultimate Parent waives presentment to, demand of payment from and protest to Kimco or any Subsidiary Borrower or to any other guarantor of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of Kimco Ultimate Parent hereunder shall not be affected by (a) the failure of any Lender Party to assert any claim or demand or to enforce or exercise any right or remedy against the applicable Borrower or any other Loan Party under the provisions of the Loan Documents or otherwise; (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of any Loan Document or any other agreement; (c) the failure or delay of any Lender Party for any reason whatsoever to exercise any right or remedy against any other guarantor of the Obligations; (d) the failure of any Lender Party to assert any claim or demand or to enforce any remedy under any Loan Document, any guarantee or any other agreement or instrument; (e) any default, failure or delay, willful or otherwise, in the performance of any Guaranteed Obligations; (f) any change in the corporate existence or structure of any Borrower; (g) the existence of any claims or set-off rights that Kimco Ultimate Parent may have; (h) any law, regulation, decree or order of any jurisdiction or any event affecting any term of a guaranteed obligation; or (i) any other act, omission or delay to do any other act which may or might in any manner or to any extent vary the risk of Kimco Ultimate Parent or otherwise operate as a discharge or exoneration of Kimco Ultimate Parent as a matter of law or equity or which would impair or eliminate any right of Kimco Ultimate Parent to subrogation.

Appears in 2 contracts

Samples: Parent Guarantee (Kimco Realty OP, LLC), Parent Guarantee (Kimco Realty Corp)

Guaranteed Obligations Not Waived. To the fullest extent permitted by applicable law, Kimco waives presentment to, demand of payment from and protest to any Subsidiary the Borrower or to any other guarantor of any of the Guaranteed Obligations, including the Subsidiary Guarantors, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of Kimco hereunder shall not be affected by (a) the failure of any Lender Party the Bank to assert any claim or demand or to enforce or exercise any right or remedy against the applicable Borrower or any other Loan Party Person under the provisions of the Loan Documents or otherwise; (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of any Loan Document or any other agreement; (c) the failure or delay of any Lender Party the Bank for any reason whatsoever to exercise any right or remedy against any other guarantor of the Obligations; (d) the failure of any Lender Party the Bank to assert any claim or demand or to enforce any remedy under any Loan Document, any guarantee or any other agreement or instrument; (e) any default, failure or delay, willful or otherwise, in the performance of any Guaranteed Obligations; (f) any change in the corporate existence or structure of the Borrower or any Borrowerother Guarantor; (g) the existence of any claims or set-off rights that Kimco may have; (h) any law, regulation, decree or order of any jurisdiction or any event affecting any term of a guaranteed obligation; or (i) any other act, omission or delay to do any 342 other act which may or might in any manner or to any extent vary the risk of Kimco or otherwise operate as a discharge or exoneration of Kimco as a matter of law or equity or which would impair or eliminate any right of Kimco to subrogation.

Appears in 1 contract

Samples: Credit Agreement (Kimco Realty Corp)

Guaranteed Obligations Not Waived. NO DISCHARGE OR DIMINISHMENT OF GUARANTEE. To the fullest extent permitted by applicable law, Kimco each Guarantor waives presentment to, demand of payment from and protest to any Subsidiary Borrower or to any other guarantor the Issuers of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable lawLaw, the obligations of Kimco each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Guaranteed Obligations), and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of each Guarantor hereunder shall not be discharged or impaired or otherwise affected by (a) the failure of any Lender Party holder of Notes to assert any claim or demand or to enforce or exercise any right or remedy against the applicable Borrower Issuers, or any other Loan Party Guarantor under the provisions of the Loan Documents or otherwise; Purchase Agreement, any other Principal Document (bas defined in the Purchase Agreement) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of any Loan Document or any other agreement; (c) the failure or delay of any Lender Party for any reason whatsoever to exercise any right or remedy against any other guarantor of the Obligations; (d) the failure of any Lender Party to assert any claim or demand or to enforce any remedy under any Loan Document, any guarantee or any other agreement or instrument; (eb) any default, failure or delay, willful or otherwise, in the performance of any the Guaranteed Obligations; (f) any change in the corporate existence or structure of any Borrower; (g) the existence of any claims or set-off rights that Kimco may have; (h) any law, regulation, decree or order of any jurisdiction or any event affecting any term of a guaranteed obligation; or (ic) any other act, act or omission or delay to do any other act which that may or might in any manner or to any extent vary the risk of Kimco any Guarantor or that would otherwise operate as a discharge or exoneration of Kimco each Guarantor as a matter of law or equity or which would impair or eliminate any right (other than the indefeasible payment in full in cash of Kimco to subrogationall the Guaranteed Obligations).

Appears in 1 contract

Samples: Subordinated Guarantee (Aas Capital Corp)

Guaranteed Obligations Not Waived. To the fullest extent permitted by applicable law, Kimco waives presentment to, demand of payment from and protest to any Subsidiary Borrower or to any other guarantor of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of Kimco hereunder shall not be affected by (a) the failure of any Lender Party to assert any claim or demand or to enforce or exercise any right or remedy against the applicable Borrower or any other Loan Party under the provisions of the Loan Documents or otherwise; (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of any Loan Document or any other agreement; (c) the failure or delay of any Lender Party for any reason whatsoever to exercise any right or remedy against any other guarantor of the Obligations; (d) the failure of any Lender Party to assert any claim or demand or to enforce any remedy under any Loan Document, any guarantee or any other agreement or instrument; (e) any default, failure or delay, willful or otherwise, in the performance of any Guaranteed Obligations; (f) any change in the corporate existence or structure of any Borrower; (g) the existence of any claims or set-off rights that Kimco may have; , (h) any law, regulation, decree or order of any jurisdiction or any event affecting any term of a guaranteed obligation; or (i) any other act, omission or delay to do any other act which may or might in any manner or to any extent vary the risk of Kimco or otherwise operate as a discharge or exoneration of Kimco as a matter of law or equity or which would impair or eliminate any right of Kimco to subrogation.

Appears in 1 contract

Samples: Credit Agreement (Kimco Realty Corp)

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Guaranteed Obligations Not Waived. To the fullest extent permitted by applicable law, Kimco waives presentment to, demand of payment from and protest to any Subsidiary the Borrower or to any other guarantor of any of the Guaranteed Obligations, including the Subsidiary Guarantors, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of Kimco hereunder shall not be affected by (a) the failure of any Lender Party the Bank to assert any claim or demand or to enforce or exercise any right or remedy against the applicable Borrower or any other Loan Party Person under the provisions of the Loan Documents or otherwise; (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of any Loan Document or any other agreement; (c) the failure or delay of any Lender Party the Bank for any reason whatsoever to exercise any right or remedy against any other guarantor of the Obligations; (d) the failure of any Lender Party the Bank to assert any claim or demand or to enforce any remedy under any Loan Document, any guarantee or any other agreement or instrument; (e) any default, failure or delay, willful or otherwise, in the performance of any Guaranteed Obligations; (f) any change in the corporate existence or structure of the Borrower or any Borrowerother Guarantor; (g) the existence of any claims or set-off rights that Kimco may have; (h) any law, regulation, decree or order of any jurisdiction or any event affecting any term of a guaranteed obligation; or (i) any other act, omission or delay to do any other act which may or might in any manner or to any extent vary the risk of Kimco or otherwise operate as a discharge or exoneration of Kimco as a matter of law or equity or which would impair or eliminate any right of Kimco to subrogation.

Appears in 1 contract

Samples: Credit Agreement (Kimco Realty Corp)

Guaranteed Obligations Not Waived. To the fullest extent permitted by applicable law, Kimco waives presentment to, demand of payment from and protest to any Subsidiary Borrower or to any other guarantor of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of Kimco hereunder shall not be affected by (a) the failure of any Lender Party to assert any claim or demand or to enforce or exercise any right or remedy against the applicable Borrower or any other Loan Party under the provisions of the Loan Documents or otherwise; (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of any Loan Document or any other agreement; (c) the failure or delay of any Lender Party for any reason whatsoever to exercise any right or remedy against any other guarantor of the Obligations; (d) the failure of any Lender Party to assert any claim or demand or to enforce any remedy under any Loan Document, any guarantee or any other agreement or instrument; (e) any default, failure or delay, willful or otherwise, in the performance of any Guaranteed Obligations; (f) any change in the corporate existence or structure of any Borrower; (g) the existence of any claims or set-off rights that Kimco may have; , (h) any law, regulation, decree or order of any jurisdiction or any event affecting any term of a guaranteed obligation; or (i) any other act, omission or delay to do any other act which may or might in any manner or to any extent vary the risk of Kimco or otherwise operate as a discharge or exoneration of Kimco as a matter of law or equity or which would impair or eliminate any right of Kimco to subrogation.

Appears in 1 contract

Samples: Credit Agreement (Kimco Realty Corp)

Guaranteed Obligations Not Waived. To the fullest extent permitted by applicable law, Kimco each Guarantor waives presentment to, demand of payment from from, and protest to any Subsidiary Borrower the applicable Applicant or to any other guarantor of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of Kimco each Guarantor hereunder shall not be affected by (ai) the failure of any Lender Secured Party to assert any claim or demand or to enforce or exercise any right or remedy against the applicable Borrower any Applicant or any other Loan Party Person under the provisions of the Loan Documents or otherwise; (bii) any rescission, waiver, amendment or modification of, or any release of any Person from any of the terms or provisions of any Loan Document or any other agreement; (ciii) the failure or delay of the Administrative Agent, the Issuing Bank, or any Lender Party other Bank for any reason whatsoever to exercise any right or remedy against any other guarantor of the any Obligations; (div) the failure of the Administrative Agent, the Issuing Bank, or any Lender Party other Bank to assert any claim or demand or to enforce any remedy under any Loan Document, any guarantee or any other agreement or instrument; (ev) any default, failure or delay, willful or otherwise, in the performance of any Guaranteed Obligations; (fvi) any change in the corporate existence or structure failure of perfection of any Borrower; (g) Lien or other rights of the existence Administrative Agent, the Issuing Bank, or any other Bank in respect of any claims security for any Obligations, the release or set-off rights that Kimco may have; (h) any law, regulation, decree or order impairment of any jurisdiction such Lien or rights, or the failure to assert any such Lien or rights or any event affecting other failure to realize upon any term such Lien or rights (recourse by the Secured Parties to any such Lien or rights not being a condition to the obligations of a guaranteed obligationeach Guarantor under this Section 2.17); or (ivii) any other act, omission or delay to do any other act which may or might in any manner or to any extent vary the risk of Kimco such Guarantor or otherwise operate as a discharge or exoneration of Kimco such Guarantor as a matter of law or equity or which would impair or eliminate any right of Kimco such Guarantor to subrogation.

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Sunpower Corp)

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