Common use of Other Waivers Clause in Contracts

Other Waivers. The Subordinated Party hereby irrevocably waives (i) notice of any of the matters referred to in Section 6.1, (ii) all notices which may be required, whether by statute, rule of law or otherwise, to preserve intact any rights of any holder of any Senior Claims against the Owner Lessor, including, without limitation, any demand, presentment and protest, or any proof of notice of nonpayment under any document evidencing such Senior Claims or under the Operative Documents, (iii) notice of the acceptance of or reliance on this Agreement by the Indenture Estate, (iv) notice of any renewal, extension or accrual of any Senior Claims, or any loans made or other action taken in reliance on this Agreement, (v) any right to the enforcement, assertion or exercise by any holder of any Senior Claims of any right, power, privilege or remedy conferred in any document evidencing such Senior Claims or in the Operative Documents, or otherwise, (vi) any requirement of diligence on the part of any holder of any Senior Claims, (vii) any requirement on the part of any holder of any Senior Claims to mitigate damages resulting from any default under any documents evidencing such Senior Claims or under the Operative Documents and (viii) any notice of any sale, transfer or other disposition of any Senior Claims by any holder thereof.

Appears in 5 contracts

Samples: Subordination Agreement (Eme Homer City Generation Lp), Subordination Agreement (Eme Homer City Generation Lp), Eme Homer City Generation Lp

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Other Waivers. The Each Subordinated Party hereby irrevocably waives (i) notice of any of the matters referred to in Section SECTION 6.1, (ii) all notices which may be required, whether by statute, rule of law or otherwise, to preserve intact any rights of any holder of any Senior Claims against the Owner LessorXxxxx City, including, without limitation, any demand, presentment and protest, or any proof of notice of nonpayment under any document evidencing such Senior Claims or under the Operative DocumentsClaims, (iii) notice of the acceptance of or reliance on this Agreement by the Indenture Estateholders of Senior Claims, (iv) notice of any renewal, extension or accrual of any Senior Claims, or any loans made or other action taken in reliance on this Agreement, (v) any right to the enforcement, assertion or exercise by any holder of any Senior Claims of any right, power, privilege or remedy conferred in any document evidencing such Senior Claims or in the Operative DocumentsClaims, or otherwise, (vi) any requirement of diligence on the part of any holder of any Senior Claims, (vii) any requirement on the part of any holder of any Senior Claims to mitigate damages resulting from any default under any documents evidencing such Senior Claims or under the Operative Documents and (viii) any notice of any sale, transfer or other disposition of any Senior Claims by any holder thereof.

Appears in 4 contracts

Samples: Subordination Agreement (Eme Homer City Generation Lp), Subordination Agreement (Eme Homer City Generation Lp), Lease Subordination Agreement (Eme Homer City Generation Lp)

Other Waivers. The Each Subordinated Party hereby irrevocably waives (i) notice of any of the matters referred to in Section 6.1, (ii) all notices which may be required, whether by statute, rule of law or otherwise, to preserve intact any rights of any holder of any Senior Claims against the Owner Lessorany Intercompany Borrower, including, without limitation, any demand, presentment and protest, or any proof of notice of nonpayment under any document evidencing such Senior Claims or under the Operative Financing Documents, (iii) notice of the acceptance of or reliance on this Agreement by the Indenture EstateSecured Parties, (iv) notice of any renewal, extension or accrual of any Senior Claims, or any loans made or other action taken in reliance on this Agreement, (v) any right to the enforcement, assertion or exercise by any holder of any Senior Claims of any right, power, privilege or remedy conferred in any document evidencing such Senior Claims or in the Operative Financing Documents, or otherwise, (vi) any requirement of diligence on the part of any holder of any Senior Claims, (vii) any requirement on the part of any holder of any Senior Claims to mitigate damages resulting from any default under any documents evidencing such Senior Claims or under the Operative Financing Documents and (viii) any notice of any sale, transfer or other disposition of any Senior Claims by any holder thereof.

Appears in 3 contracts

Samples: Intercompany Loan Subordination Agreement (Eme Homer City Generation Lp), Intercompany Loan Subordination Agreement (Edison Mission Finance Co), Intercompany Loan Subordination Agreement (Eme Homer City Generation Lp)

Other Waivers. The Subordinated Party hereby irrevocably irrevoca xxx waives (i) notice of any of the matters referred to in Section SECTION 6.1, (ii) all notices which may be required, whether by statute, rule of law or otherwise, to preserve intact any rights of any holder of any Senior Claims against the Owner LessorBorrower, including, without limitation, any demand, presentment and protest, or any proof of notice of nonpayment under any document evidencing such Senior Claims or under the Operative Loan Documents, (iii) notice of the acceptance of or reliance on this Agreement by the Indenture EstateSecured Parties, (iv) notice of any renewal, extension or accrual of any Senior Claims, or any loans made or other action taken in reliance on this Agreement, (v) any right to the enforcement, assertion or exercise by any holder of any Senior Claims of any right, power, privilege or remedy conferred in any document evidencing such Senior Claims or in the Operative Loan Documents, or otherwise, (vi) any requirement of diligence on the part of any holder of any Senior Claims, (vii) any requirement on the part of any holder of any Senior Claims to mitigate damages resulting from any default under any documents evidencing such Senior Claims or under the Operative Loan Documents and (viii) any notice of any sale, transfer or other disposition of any Senior Claims by any holder thereof.

Appears in 1 contract

Samples: Subordination Agreement (Edison Mission Energy)

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Other Waivers. The Each Subordinated Party hereby irrevocably waives (i) notice of any of the matters referred to in Section 6.1, (ii) all notices which may be required, whether by statute, rule of law or otherwise, to preserve intact any rights of any holder of any Senior Claims against the Owner LessorXxxxx City, including, without limitation, any demand, presentment and protest, or any proof of notice of nonpayment under any document evidencing such Senior Claims or under the Operative DocumentsClaims, (iii) notice of the acceptance of or reliance on this Agreement by the Indenture Estateholders of Senior Claims, (iv) notice of any renewal, extension or accrual of any Senior Claims, or any loans made or other action taken in reliance on this Agreement, (v) any right to the enforcement, assertion or exercise by any holder of any Senior Claims of any right, power, privilege or remedy conferred in any document evidencing such Senior Claims or in the Operative DocumentsClaims, or otherwise, (vi) any requirement of diligence on the part of any holder of any Senior Claims, (vii) any requirement on the part of any holder of any Senior Claims to mitigate damages resulting from any default under any documents evidencing such Senior Claims or under the Operative Documents and (viii) any notice of any sale, transfer or other disposition of any Senior Claims by any holder thereof.

Appears in 1 contract

Samples: Lease Subordination Agreement (Eme Homer City Generation Lp)

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