Common use of GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS Clause in Contracts

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 95 contracts

Samples: Continuing Guarantee of Payment and Performance (Lodging Fund REIT III, Inc.), Commercial Guaranty (OFS Capital Corp), Commercial Guaranty (OFS Capital Corp)

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GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 48 contracts

Samples: Commercial Guaranty (LBBB Merger Corp.), Business Loan Agreement (AmpliTech Group, Inc.), Guaranty (Manufactured Housing Properties Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above herein is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 3 contracts

Samples: Guaranty (Ants Software Inc), Subsidiary Guaranty (Nexmed Inc), Guaranty (Ants Software Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each Each of the waivers set forth above herein is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 3 contracts

Samples: Guaranty (Avadel Pharmaceuticals PLC), Note Purchase Agreement (Aerie Pharmaceuticals Inc), Guaranty (Flamel Technologies Sa)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above herein is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Nexmed Inc), Subsidiary Guaranty (Nexmed Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences consequences, that Guarantor has had an opportunity to consult with its attorney regarding this Guaranty and the waivers contained herein, and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Samples: Conditional Terminating Guaranty (Wells Mid-Horizon Value-Added Fund I LLC), Conditional Terminating Guaranty (Wells Mid-Horizon Value-Added Fund I LLC)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is are made with Guarantor's ’s full knowledge of its significance and consequences consequences, and that, under the circumstances, agrees that the waivers are reasonable and not contrary to public policy or law. If any such waiver is of said waivers are determined to be contrary to any applicable law or public policy, such waiver waivers shall be effective only to the extent permitted by law or public policylaw.

Appears in 2 contracts

Samples: Continuing Guaranty (Berry Petroleum Co), Continuing Guaranty (Berry Petroleum Co)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each Each of the waivers set forth above herein is made with Guarantor's Guarantors’ full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Samples: Facility Agreement (AAC Holdings, Inc.), Guaranty (AAC Holdings, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that each of the waivers set forth above is made with each Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Continuing and Unconditional Guaranty (NewLake Capital Partners, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that each of the waivers set forth above herein is made with such Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Guaranty (Nexaira Wireless Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or lawlaw . If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Commercial Guaranty (Metretek Technologies Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or lawreasonable. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy, but to the full extent so permitted.

Appears in 1 contract

Samples: Guaranty Agreement

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such suc;h waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Guaranty Agreement (Pope Resources LTD Partnership)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public public, policy.

Appears in 1 contract

Samples: Commercial Guaranty (Adcare Health Systems Inc)

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GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its their significance and consequences consequences, and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nevada Gold & Casinos Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective affective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Commercial Guaranty (Adcare Health Systems, Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each Each of the waivers set forth above herein is made with such Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Subsidiary Guaranty (Composite Technology Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full lull knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Commercial Guaranty (Dougherty's Pharmacy, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstancescircumstanced, the waivers are reasonable and not contrary to public or policy or law. If any such waiver is determined to be contrary to any applicable law or of public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Commercial Guaranty (Nationwide Financial Solutions, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policylaw.

Appears in 1 contract

Samples: Promissory Note (Fafco Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that Guarantor has had the opportunity to consult counsel or has waived its right to do so, each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or lawreasonable. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy, but to the full extent so permitted.

Appears in 1 contract

Samples: Ground Lease Agreement

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy. 5.

Appears in 1 contract

Samples: Loan and Security Agreement (Cue Health Inc.)

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