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 froth 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 wavier shall be effective only to the extent permitted by law or public policy.

Appears in 4 contracts

Samples: Commercial Guaranty (Sportsline Usa Inc), Commercial Guaranty (Innovative Card Technologies Inc), Commercial Guaranty (Innovative Card Technologies Inc)

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

Appears in 3 contracts

Samples: Assignment of Lease (Redenvelope Inc), Assignment of Lease (Redenvelope Inc), Assignment of Lease (Redenvelope Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set froth 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 wavier waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Samples: Commercial Guaranty (ProUroCare Medical Inc.), Commercial Guaranty (ProUroCare Medical Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set froth 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 wavier shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Samples: Business Loan Agreement (Transcrypt International Inc), Disbursement Request and Authorization (California Beach Restaurants Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set froth 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 wavier waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Samples: Commercial Guaranty (Lm Funding America, Inc.), Commercial Guaranty (Lm Funding America, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set froth 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 wavier waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Guaranty Agreement (Penn Octane Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set froth 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 wavier waiver shall be effective only to the extent permitted by law or public pubic policy.

Appears in 1 contract

Samples: Loan Agreement (Petmed Express Inc)

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GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set froth forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are and 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 wavier waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Commercial Guaranty (Klein Engines & Competition Components Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants ------------------------------------------------- and agrees that each of the waivers set froth 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 wavier waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Commercial Guaranty (Packaging Dynamics Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set froth forth above is made with the 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 wavier waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Commercial Guaranty (Emergent Information Technologies Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set froth 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 wavier is determined to be contrary to any applicable law or public policy, such wavier shall be effective only to the extent permitted by law or of public policy.

Appears in 1 contract

Samples: Commercial Guaranty (Elecsys Corp)

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