Common use of Obligations Not Waived Clause in Contracts

Obligations Not Waived. To the fullest extent permitted by applicable law, each Guarantor waives presentment to, demand of payment from and protest to any Borrower or to any Guarantor of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement). To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (a) the failure of the Administrative Agent or any Lender to assert any claim or demand or to enforce or exercise any right or remedy against any Borrower or any other Guarantor under the provisions of the Credit Agreement, any other Loan Document or otherwise, (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of this Agreement, any other Loan Document, any Guarantee or any other agreement, including with respect to any other Guarantor under this Agreement, (c) the failure of the Company or any Subsidiary to comply with Section 5.22 of the Credit Agreement and Section 19 hereof or (d) the release of any of the security held by or on behalf of the Administrative Agent or any Lender.

Appears in 2 contracts

Samples: Credit Agreement (Valspar Corp), Credit Agreement (Valspar Corp)

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Obligations Not Waived. To the fullest extent permitted by applicable law, each Guarantor waives presentment to, demand of payment from and protest to any the Borrower or to any other Guarantor of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement)nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (a) the failure of the Administrative Agent Agent, the Collateral Agent, the Issuing Bank or any Lender to assert any claim or demand or to enforce or exercise any right or remedy against any the Borrower or any other Guarantor under the provisions of the Credit Agreement, any other Loan Document or otherwise, (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of of, this Agreement, any other Loan Document, any other Guarantee or any other agreement, including with respect to any other Guarantor under this Agreement, or (c) the failure of the Company Holdings or any Subsidiary to comply with Section 5.22 5.12 of the Credit Agreement and Section 19 hereof or (d) the release of any of the security held by or on behalf of the Administrative Agent or any Lender19.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern Industries Inc)

Obligations Not Waived. To the fullest extent permitted by applicable law, each Guarantor waives presentment to, demand of payment from and protest to the Borrowers or any Borrower or to any other Guarantor of any of the Obligations, and also waives notice of acceptance of its guarantee the Guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement)nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (a) the failure of the Administrative Agent Agent, any Lender or any Lender Issuing Bank to assert any claim or demand or to enforce or exercise any right or remedy against any Borrower the Borrowers or any other Guarantor under the provisions of the Credit Agreement, any other Loan Document or otherwise, (b) any extension or renewal of any of the Obligations or (c) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of of, the Credit Agreement, this Agreement, any other Loan Document, any Guarantee or any other agreement, including with respect to any other Guarantor under this Agreement, (c) the failure of the Company or any Subsidiary to comply with Section 5.22 of the Credit Agreement and Section 19 hereof or (d) the release of any of the security held by or on behalf of the Administrative Agent or any Lender.

Appears in 1 contract

Samples: Credit Agreement (Convergys Corp)

Obligations Not Waived. To the fullest extent permitted by applicable law, each Subsidiary Guarantor waives presentment to, demand of payment from and protest to RFR or any Borrower or to any Guarantor other guarantor of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement)nonpayment. To the fullest extent permitted by applicable law, the obligations of each Subsidiary Guarantor hereunder shall not be affected by, and each Subsidiary Guarantor hereby waives any defense arising by reason of, (a) the failure of the Administrative Agent or any Lender other Guaranteed Party to assert any claim or demand or to enforce or exercise any right or remedy against any Guaranteed Borrower or any other Guarantor guarantor under the provisions of the Credit Agreement, any other Loan Document or otherwise, (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of this Agreement, any other Loan Document, any Guarantee or any other agreement, including with respect to any other Subsidiary Guarantor under this Agreement, (c) the failure of the Company to take or perfect any Subsidiary to comply with Section 5.22 of the Credit Agreement and Section 19 hereof security interest in, or (d) the release of of, any of the collateral security held by or on behalf of any Guaranteed Party or (d) the Administrative Agent failure of any person to comply with Section 5.01(l) of the Credit Agreement or any LenderSection 19 hereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Rayonier Inc)

Obligations Not Waived. To the fullest extent permitted by applicable law, each Guarantor waives presentment to, demand of payment from and protest to any Borrower the Company or to any Guarantor of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower the Company to the extent required under Section 6.01 of the Credit Agreement). To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (a) the failure of the Administrative Agent or any Lender to assert any claim or demand or to enforce or exercise any right or remedy against any Borrower the Company or any other Guarantor under the provisions of the Credit Agreement, any other Loan Document or otherwise, (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of this Agreement, any other Loan Document, any Guarantee or any other agreement, including with respect to any other Guarantor under this Agreement, (c) the failure of the Company or any Subsidiary to comply with Section 5.22 of the Credit Agreement and Section 19 hereof or (d) the release of any of the security held by or on behalf of the Administrative Agent or any Lender.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Valspar Corp)

Obligations Not Waived. To the fullest extent permitted by applicable law, each Subsidiary Guarantor waives presentment to, demand of payment from and protest to any the Borrower or to any Guarantor of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement)nonpayment. To the fullest extent permitted by applicable law, the obligations of each Subsidiary Guarantor hereunder shall not be affected by (a) the failure of the Administrative Agent or any Lender to assert any claim or demand or to enforce or exercise any right or remedy against any the Borrower or any other Subsidiary Guarantor under the provisions of the Credit Agreement, any other Loan Document or otherwise, otherwise or (b) any rescission, waiverwaiver (except the effect of any waiver obtained pursuant to Section 11(b)), amendment or modification of, or any release from any of the terms or provisions of of, this Agreement, any other Loan Document, any Guarantee or any other agreement, including with respect to any other Subsidiary Guarantor under this Agreement, (c) the failure of the Company or any Subsidiary to comply with Section 5.22 of the Credit Agreement and Section 19 hereof or (d) the release of any of the security held by or on behalf of the Administrative Agent or any Lender.

Appears in 1 contract

Samples: Credit Agreement (Gartner Inc)

Obligations Not Waived. To the fullest extent permitted by applicable law, each Guarantor waives presentment to, demand of payment from and protest to any Borrower or to any Guarantor of the Borrowers of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement)nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (a) the failure of the Administrative Agent or any other Lender to assert any claim or demand or to enforce or exercise any right or remedy against any Borrower or any other Guarantor under the provisions of the Credit Agreement, any other Loan Credit Document or otherwise, (b) any extension, renewal or increase of or in any of the Obligations, (c) any rescission, waiver, amendment or modification of, or any release from from, any of the terms or provisions of this Agreement, any other Loan Credit Document, any Guarantee or any other agreementagreement or instrument, including with respect to any other Guarantor under this Agreement, (c) the failure of the Company or any Subsidiary to comply with Section 5.22 of the Credit Agreement and Section 19 hereof or (d) the release of any of the security held by or on behalf of the Administrative Agent or any Lender.,

Appears in 1 contract

Samples: Five Year Credit Agreement (American Standard Companies Inc)

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Obligations Not Waived. To the fullest extent permitted by applicable law, each Guarantor waives presentment to, demand of payment from and protest to ROC and any Borrower or to any Guarantor other guarantor of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement)nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by, and each Guarantor hereby waives any defense arising by reason of, (ai) the failure of the Administrative Agent or any Lender other Guaranteed Party to assert any claim or demand or to enforce or exercise any right or remedy against any Borrower ROC or any other Guarantor guarantor under the provisions of the Credit Agreement, the Incremental Term Loan Agreement, any other Loan Document or otherwise, (bii) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of this Agreement, any other Loan Document, any Guarantee or any other agreement, including with respect to any other Guarantor under this Agreement, or (ciii) the failure of the Company to take or perfect any Subsidiary to comply with Section 5.22 of the Credit Agreement and Section 19 hereof security interest in, or (d) the release of of, any of the collateral security held by or on behalf of the Administrative Agent or any LenderGuaranteed Party.

Appears in 1 contract

Samples: Incremental Term Loan Agreement (Rayonier Inc)

Obligations Not Waived. To the fullest extent permitted ---------------------- by applicable law, each Guarantor waives presentment to, demand of payment from and protest to any the Borrower or to any other Guarantor of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement)nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (a) the failure of the Administrative Agent Agent, the Collateral Agent, the Issuing Bank or any Lender to assert any claim or demand or to enforce or exercise any right or remedy against any the Borrower or any other Guarantor under the provisions of the Credit Agreement, any other Loan Document or otherwise, (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of of, this Agreement, any other Loan Document, any other Guarantee or any other agreement, including with respect to any other Guarantor under this Agreement, or (c) the failure of the Company Holdings or any Subsidiary to comply with Section 5.22 5.12 of the Credit Agreement and Section 19 hereof or (d) the release of any of the security held by or on behalf of the Administrative Agent or any Lender19.

Appears in 1 contract

Samples: Guarantee Agreement (Kansas City Southern Industries Inc)

Obligations Not Waived. To the fullest extent permitted by applicable law, each Guarantor waives presentment to, demand of payment from and protest to any Borrower or to any Guarantor of the Borrowers of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement)nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (a) the failure of the Administrative Agent or any other Lender to assert any claim or demand or to enforce or exercise any right or remedy against any Borrower or any other Guarantor under the provisions of the Credit Agreement, any other Loan Credit Document or otherwise, (b) any extension, renewal or increase of or in any of the Obligations, (c) any rescission, waiver, amendment or modification of, or any release from from, any of the terms or provisions of this Agreement, any other Loan Credit Document, any Guarantee or any other agreementagreement or instrument, including with respect to any other Guarantor under this Agreement, (cd) the failure of the Company or delay to perfect any Subsidiary to comply with Section 5.22 of the Credit Agreement and Section 19 hereof security interest in, or (d) the release of of, any of the security held by or on behalf of the Administrative Agent or any Lenderother Lender or (e) the failure or delay of the Administrative Agent or any other Lender to exercise any right or remedy against any other guarantor of the Obligations.

Appears in 1 contract

Samples: 364 Day Credit Agreement (American Standard Companies Inc)

Obligations Not Waived. To the fullest extent permitted by applicable law, each Subsidiary Guarantor waives presentment to, demand of payment from and protest to RFR or any Borrower or to any Guarantor other guarantor of any of the Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment (except notice to any Borrower to the extent required under Section 6.01 of the Credit Agreement)nonpayment. To the fullest extent permitted by applicable law, the obligations of each Subsidiary Guarantor hereunder shall not be affected by, and each Subsidiary Guarantor hereby waives any defense arising by reason of, (a) the failure of the Administrative Agent or any Lender other Guaranteed Party to assert any claim or demand or to enforce or exercise any right or remedy against any Borrower RFR or any other Guarantor guarantor under the provisions of the Credit Agreement, any other Loan Document or otherwise, (b) any rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of this Agreement, any other Loan Document, any Guarantee or any other agreement, including with respect to any other Subsidiary Guarantor under this Agreement, (c) the failure of the Company to take or perfect any Subsidiary to comply with Section 5.22 of the Credit Agreement and Section 19 hereof security interest in, or (d) the release of of, any of the collateral security held by or on behalf of any Guaranteed Party or (d) the Administrative Agent failure of any person to comply with Section 5.01(l) of the Credit Agreement or any LenderSection 19 hereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Rayonier Inc)

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