Lessee Waivers. If this Lease is terminated pursuant to Section 16.2, the Lessee waives, to the extent not prohibited by applicable law, (a) any right of redemption, re-entry or repossession, (b) any right to a trial by jury in the event of summary proceedings to enforce the remedies set forth in this Article 16, and (c) the benefit of any laws now or hereafter in force exempting property from liability for rent or for debt.
Lessee Waivers. If this Lease is terminated pursuant to Section 16.2, the Lessee waives, to the extent not prohibited by applicable law, (A) any right of redemption, re-entry or repossession, (B) any right to a trial by jury in the event of summary proceedings to enforce the remedies set forth in this Article 16, and (C) the benefit of any laws now or hereafter in force exempting property from liability for rent or for debt. In the event the Lessor elects to regain possession of the Leased Property by a forcible detainer proceeding, the Lessee hereby specifically waives any statutory notice which may be required prior to any such proceeding, and agrees that the Lessor's execution of this Lease is, in part, consideration for this waiver. Except as otherwise set forth herein, the Lessee further waives any demand for Rent, notice of termination and any notice to quit required pursuant to statutes of the State or otherwise and agrees that the Lessor's execution of this Lease is, in part, consideration for these waivers. All claims for damages by reason of re-entry and/or repossession and/or alteration of locks or other security devices are hereby waived, as are all claims for damages by reason of any distress warrant, forcible detainer proceedings, sequestration proceedings or other legal process. The Lessee agrees that any re-entry by the Lessor may be pursuant to judgment obtained in forcible detainer proceedings or other legal proceedings or without the necessity for any legal proceedings, as the Lessor may elect, and the Lessor shall not be liable in trespass or otherwise. The Lessee shall not interpose any counterclaim of any kind in any action or proceeding commenced by the Lessor to recover possession of the Leased Property.
Lessee Waivers. To the extent permitted by applicable law, Lessee hereby waives any and all rights and remedies conferred upon a Lessee by Sections 2A-508 through 2A-522 of the Uniform Commercial Code, including, without limitations, the right to (i) cancel this Lease; (ii) repudiate this Lease; (iii) reject this Lease; (iv) revoke acceptance of the Equipment; (v) recover damages from Lessor for any breach of warranty or any other reason; (vi) claim a security interest in any rejected property in Lessee's possession; (vii) deduct all or any part of claimed damages resulting from Lessor's default; (viii) accept partial delivery of the Equipment; (ix) "cover" by making any purchase or lease of equipment in substitution of the Equipment; (x) recover any general, special, incidental or consequential damages from Lessor for any reason.
Lessee Waivers. This section is deleted with the exception of the bolded, capitalized statement which reads, “WE AND YOU EACH AGREE TO WAIVE AND TO TAKE ALL REQUIRED STEPS TO WAIVE ALL RIGHTS TO A JURY TRIAL.”
Lessee Waivers. To the extent permitted by applicable law, Lessee hereby waives any and all rights and remedies conferred upon a Lessee by §§2A-508 through 2A-522 of the Uniform Commercial Code, including but not limited to Lessee’s rights to: (i) cancel the Lease;
Lessee Waivers. Lessee hereby waives: (i) notice of demand, protest, notice of protest and of dishonor, notice of default and all other notices of every kind or nature now or hereafter provided by agreement or available at law, including, without limitation, notice of default, notice of intention to accelerate all sums under the Loan Documents, and notice of acceleration of all sums under the Loan Documents; (ii) the pleading of any statute of limitations as a defense to the obligations hereunder; and (iii) any right to require or compel Lender, prior to exercising its rights hereunder to first proceed against New Borrower or any security for the Loan, or to pursue any other remedy available to Lender. Lender’s failure to exercise, or delay in exercising, any right or power hereunder shall not operate as a waiver thereof, nor shall any single or partial exercise by Lender of any right, remedy or power hereunder preclude any other or future exercise of any other right, remedy or power. Lessee acknowledges that if there shall occur any Event of Default under the Loan Documents, Lender may seek recovery therefor, and may exercise any remedies it may have, against the security interests granted herein and in the Assignment of Agreements by Lessee with the same force and effect as if Lessee was primary obligor under the Note and the other Loan Documents.
Lessee Waivers. The Lessee acknowledges that the process for the imposition of special assessments provides the owner of property subject to such special assessments with certain rights, including rights to: receive notices of proceedings; object to the imposition of the special assessments; claim damages; participate in hearings; take appeals from proceedings imposing special assessments; participate in and prosecute court proceedings, as well as other rights under law, including but not limited to those provided for or specified in the United States Constitution, the Ohio Constitution, Ohio Revised Code Chapter 727 and the resolutions or ordinances in effect in the City (collectively, “Assessment Rights”). The Lessee irrevocably waives all Assessment Rights as to its Project and consents to the imposition of the Special Assessments as to its Project immediately or at such time as the ESID determines to be appropriate, and the Lessee expressly requests the entities involved with the special assessment process to promptly proceed with the imposition of the Special Assessments upon its Property as to its Project. The Lessee further waives in connection with the Project: any and all questions as to the constitutionality of the laws under which the Project will be constructed and the Special Assessments imposed upon the Property; the jurisdiction of the Council of the City acting thereunder; and the right to file a claim for damages as provided in Ohio Revised Code Section 727.18 and any similar provision of the resolutions or ordinances in effect within the City.
Lessee Waivers. You waive notices of Great.America's intent to accelerate the Rent, the acceleration of the Rent and Of the enforcement of GreatAmerica's rights. GREATAMERICA AND YOU EACH AGREE TO WAIVE AND TO TAKE ALL REQUIRED STEPS TO WAIVE ALL RIGHTS TO A JURY TRIAL. .To the extent You are permitted by law, You waive all rights and remedies You have by Article 2A (Sections 508.522) of the Uniform Commercial Code, including but not limited to your rights to: (I) cancel or repudiate the Lease: (ii) reject or revoke acceptance of the Equipment: (iii) recover damages from GreatAmerica for any breach of warranty or for any other reason; and (iv) grant a security interest in any Equipment in your possession. To the extent You are permitted to by law, You also waive any rights You now or later may have under any statute or otherwise which require GreatAmenca to sell, lease, or otherwise use any Equipment to reduce GreatAmerica's damages or which may otherwise limit or modify any of GreatAmenca's rights or remedies, Any action you take against GreatAmenca for any default, including breach of warranty or indemnity, must be started within one (1) year after the event which caused it. GreatAmerica will not be liable for specific performance of this Lease or for any losses, damages, delay or failure to deliver the Equipment. You authorize GreatAmerica to sign on your behalf and file at any time any documents in connection with the UCC. PROGRESSIVE OFFICE SYSTEMS DATE INVOICE # P.O. Box 522303 XXXXXXXX, XX 00000 12/1/98 3331 000.000.0000 FAX 000.000.0000 XXXX TO: SHIP TO: GreatAmerica Leasing Corp. Altamonte Printing 0000 Xxxxx Xxxxxx, X.X., Xxxxx 0000 Pemberton Drive 300 Apopka, FL 32703 Cedar Rapids, Iowa
Lessee Waivers. To the extent permitted by law, Lessee waives all rights and remedies against Lessor provided by Article 2A or Article 9 of the UCC or other applicable law, including but not limited to any right which requires Lessor to sell, lease, or otherwise use any Equipment to reduce Lessor's damages or which may otherwise limit or modify any of Lessor's rights or remedies. Any action against Lessor for any default, including breach of warranty or indemnity, must be started within one (1) year after the event which caused it. Lessor will not be liable for specific performance of this Lease or for any losses, damages, delay, or failure to deliver the Equipment.
Lessee Waivers. Lessee hereby expressly waives, to the extent permitted by law, the service of any notice of intention to reenter provided for in any statute, or of the institution of legal proceedings to that end, and Lessee, for and on behalf of itself and all persons claiming through or under Lessee, also waives any and all right of redemption or reentry or repossession or to restore the operation of this Lease in case Lessee shall be dispossessed by a judgment or by a warrant of any court or judge or in case of reentry or repossession by Lessor or in case of any expiration or termination of this Lease.
