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 the Borrower of any of the Obligations, and also waives notice of acceptance of the Guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (a) the failure of any Agent or any other Secured Party to assert any claim or demand or to enforce or exercise any right or remedy against the Borrower or any other guarantor of the Obligations 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 of the Obligations under this Agreement, or (c) the failure to perfect any security interest in, or the release of, any of the security held by or on behalf of the Collateral Agent or any other Secured Party.

Appears in 2 contracts

Samples: Security Agreement (Hechinger Co), Intercreditor Agreement (Hechinger Co)

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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 the Borrower or any other guarantor of any of the Obligations, and also waives notice of acceptance of the Guarantee its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (a) the failure of any the Administrative Agent or any other Secured Party Lender to assert any claim or demand or to exercise or enforce or exercise any right or remedy against the Borrower or any other guarantor of the Obligations under the provisions of the Credit this 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 Guarantee guarantee or any other agreement, including with respect to any other guarantor of the Obligations Subsidiary Guarantor under this Agreement, ; (c) the release of any security held by the Administrative Agent or any other Lender for the Obligations; or (cd) the failure to perfect any security interest in, or the release of, any of the security held by or on behalf of the Collateral Agent or any other Secured PartyAdministrative Agent.

Appears in 2 contracts

Samples: Conversion Notes Registration Rights Agreement (Danbury Pharmacal Puerto Rico Inc), Conversion Notes Registration Rights Agreement (Schein Pharmaceutical Inc)

Obligations Not Waived. To the fullest extent permitted by applicable law, each Guarantor waives presentment or protest to, demand of or payment from and protest to the Borrower or any other guarantor of any of the Guaranteed Obligations, and also waives notice of acceptance of the Guarantee its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (ai) the failure of any the Administrative Agent or any other Secured Party Lender to assert any claim or demand or to enforce or exercise any right or remedy against the Borrower or any other guarantor of the Obligations under the provisions of the Credit 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 guarantee or any other agreement, including with respect to any other guarantor of the Obligations under this Agreement, or (ciii) the failure to perfect any security interest in, or the release of, any of the security held by or on behalf of the Collateral Administrative Agent or any other Secured PartyLender.

Appears in 2 contracts

Samples: Guaranty Agreement (Oneok Inc /New/), Guaranty Agreement (ONEOK Partners LP)

Obligations Not Waived. To the fullest extent permitted by applicable law, each Guarantor waives presentment or protest to, demand of or payment from and protest to the Borrower or any other guarantor of any of the Guaranteed Obligations, and also waives notice of acceptance of the Guarantee its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of each Guarantor hereunder shall not be affected by (ai) the failure of any the Administrative Agent or any other Secured Party Lender to assert any claim or demand or to enforce or exercise any right or remedy against the Borrower or any other guarantor of the Obligations under the provisions of the Credit 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 guarantee or any other agreement, including with respect to any other guarantor of the Obligations under this Agreement, or (ciii) the failure to perfect any security interest in, or the release of, any of the security held by or on behalf of the Collateral Administrative Agent or any other Secured PartyLender. Section 3.

Appears in 1 contract

Samples: 2 Guaranty Agreement (Oneok Inc /New/)

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Obligations Not Waived. To the fullest extent permitted by applicable law, each Subsidiary Guarantor waives presentment to, demand of payment from and protest to the Borrower of any of the Obligations, and also waives notice of acceptance of the Guarantee its guarantee and notice of protest for 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 any the Collateral Agent or any other Secured Party to assert any claim or demand or to enforce or exercise any right or remedy against the Borrower or any other guarantor of the Obligations under Subsidiary Guarantor pursuant to the provisions of the Credit this 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 Guarantee guarantee or any other agreement, including with respect to any other guarantor of the Obligations Subsidiary Guarantor under this Agreement, or ; (c) the failure to perfect release of any security interest in, or the release of, any of the security held by the Collateral Agent or on behalf any other Secured Party for the Obligations or any of them; or (d) the failure of the Collateral Agent or any other Secured PartyParty to exercise any right or remedy against any other Subsidiary Guarantor or guarantor of the Obligations.

Appears in 1 contract

Samples: Guarantee Agreement (Foodbrands America Inc)

Obligations Not Waived. To the fullest extent permitted by applicable law, each the Guarantor waives presentment or protest to, demand of or payment from and protest to the Borrower other Loan Parties of any of the Guaranteed Obligations, and also waives notice of acceptance of the Guarantee its guarantee and notice of protest for nonpayment. To the fullest extent permitted by applicable law, the obligations of each the Guarantor hereunder shall not be affected by (ai) the failure of any the Administrative Agent or any other Secured Party Lender to assert any claim or demand or to enforce or exercise any right or remedy against the Borrower or any other guarantor of the Obligations under the provisions of the Credit 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 guarantee or any other agreement, including with respect to any other guarantor of the Obligations under this Agreement, or (ciii) the failure to perfect any security interest in, or the release of, any of the security held by or on behalf of the Collateral Administrative Agent or any other Secured PartyLender.

Appears in 1 contract

Samples: Revolving Credit Agreement (ONEOK Partners LP)

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