Common use of Other Waivers Clause in Contracts

Other Waivers. Each Guarantor expressly waives, to the fullest extent permitted by law, for the benefit of the Lender Group, any right to which it may be entitled: (i) that the assets of the Borrower first be used, depleted and/or applied in satisfaction of the Obligations prior to any amounts being claimed from or paid by such Guarantor; (ii) to require that the Borrower be sued and all claims against the Borrower be completed prior to an action or proceeding being initiated against such Guarantor; and (iii) to have its obligations hereunder be divided among the Guarantors, such that each Guarantor’s obligation would be less than the full amount claimed.

Appears in 10 contracts

Samples: Credit Agreement (P10, Inc.), Increase Joinder and First Amendment (P10, Inc.), Credit Agreement (P10, Inc.)

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Other Waivers. Each Guarantor expressly waives, to the fullest extent permitted by law, for the benefit of each of the Lender GroupSecured Parties, any right to which it may be entitled: (iA) that the assets of the Borrower any Obligor first be used, depleted and/or applied in satisfaction of the Obligations prior to any amounts being claimed from or paid by such Guarantor; (iiB) to require that the Borrower any Obligor be sued and all claims against the Borrower such Obligor be completed prior to an action or proceeding being initiated against such Guarantor; and (iiiC) to have its obligations hereunder be divided among the Guarantors, such that each Guarantor’s obligation would be less than the full amount claimed.

Appears in 4 contracts

Samples: Amendment (SPRINT Corp), Incremental Facility Amendment (SPRINT Corp), Incremental Facility Amendment (SPRINT Corp)

Other Waivers. Each Guarantor expressly waives, to the fullest extent permitted by law, for the benefit of each of the Lender GroupSecured Parties, any right to which it may be entitled: (i) that the assets of the Borrower first be used, depleted and/or applied in satisfaction of the Guaranteed Obligations prior to any amounts being claimed from or paid by such Guarantor; (ii) to require that the Borrower be sued and all claims against the Borrower be completed prior to an action or proceeding being initiated against such Guarantor; and (iii) to have its obligations hereunder be divided among the Guarantors, such that each Guarantor’s obligation would be less than the full amount claimed.

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (Thryv Holdings, Inc.), Credit Agreement (Thryv Holdings, Inc.), Guarantee and Collateral Agreement (Thryv Holdings, Inc.)

Other Waivers. Each Guarantor expressly waives, to the fullest extent permitted by law, for the benefit of the Lender Group, any right to which it may be entitled: (i) : that the assets of the Borrower first be used, depleted and/or applied in satisfaction of the Obligations prior to any amounts being claimed from or paid by such Guarantor; (ii) ; to require that the Borrower be sued and all claims against the Borrower be completed prior to an action or proceeding being initiated against such Guarantor; and (iii) and to have its obligations hereunder be divided among the Guarantors, such that each Guarantor’s obligation would be less than the full amount claimed.

Appears in 1 contract

Samples: Amendment No. 7 (Ares Management Lp)

Other Waivers. Each Guarantor expressly waives, to the fullest extent permitted by law, for the benefit of the Lender Groupeach Lessor and any Secured Party, any right to which it may be entitled: (iA) that the assets of the Borrower Obligors first be used, depleted and/or applied in satisfaction of the Guaranteed Obligations prior to any amounts being claimed from or paid by such Guarantor; (iiB) to require that the Borrower Obligors be sued and all claims against the Borrower Obligors be completed prior to an action or proceeding being initiated against such Guarantor; and (iiiC) to have its obligations hereunder be divided among the Guarantors, such that each Guarantor’s obligation would be less than the full amount claimed.

Appears in 1 contract

Samples: Intra Company Spectrum Lease Agreement (SPRINT Corp)

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Other Waivers. Each The Guarantor expressly waives, to the fullest extent permitted by law, for the benefit of the Lender GroupLender, any right to which it may be entitled: (i) that the assets of the Borrower first be used, depleted and/or applied in satisfaction of the Guaranteed Obligations prior to any amounts being claimed from or paid by such the Guarantor; (ii) to require that the Borrower be sued and all claims against the Borrower be completed prior to an action or proceeding being initiated against such the Guarantor; and (iii) to have its obligations hereunder be divided among any other guarantor of the GuarantorsGuaranteed Obligations, such that each the Guarantor’s obligation would be less than the full amount claimed.

Appears in 1 contract

Samples: Credit Agreement (Jubilant Generics Inc.)

Other Waivers. Each Guarantor expressly waives, to the fullest extent permitted by law, for the benefit of each of the Lender GroupGuaranteed Parties, any right to which it may be entitled: (iA) that the assets of the Borrower any Obligor first be used, depleted and/or applied in satisfaction of the Obligations prior to any amounts being claimed from or paid by such Guarantor; (iiB) to require that the Borrower any Obligor be sued and all claims against the Borrower such Obligor be completed prior to an action or proceeding being initiated against such Guarantor; and (iiiC) to have its obligations hereunder be divided among the Guarantors, such that each Guarantor’s obligation would be less than the full amount claimed.

Appears in 1 contract

Samples: Credit Agreement (SPRINT Corp)

Other Waivers. Each Guarantor expressly waives, to the fullest extent permitted by law, for the benefit of each of the Lender GroupSecured Parties, any right to which it may be entitled: (i) that the assets of the Borrower any Issuer first be used, depleted and/or applied in satisfaction of the Obligations prior to any amounts being claimed from or paid by such Guarantor; (ii) to require that the Borrower any Issuer be sued and all claims against the Borrower Issuers be completed prior to an action or proceeding being initiated against such Guarantor; and (iii) to have its obligations hereunder be divided among the Guarantors, such that each Guarantor’s obligation would be less than the full amount claimed.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (SPRINT Corp)

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