Common use of Pledgor’s Waivers Clause in Contracts

Pledgor’s Waivers. Pledgor agrees that until the Obligations are paid ----------------- in full, Pledgee's security interest in the Pledged Collateral shall be absolute and unconditional regardless of the existence or occurrence of, and expressly waives any defense or discharge which might otherwise arise from, any of the following: (i) any lack of validity or enforceability of this Pledge Agreement, the Financing Agreement or any other agreement or instrument relating hereto or thereto or otherwise relating to the Obligations; (ii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Obligations, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement or the Financing Agreement or any other agreement, instrument or other writing now or hereafter existing between Pledgor and Pledgee and relating to the Obligations; (iii) any exchange, release or non-perfection of any other collateral, or any release, amendment or waiver of, or consent to departure from any guaranty, for any or all of the Obligations; (iv) Pledgee's resort, during the continuation of a Pledgor Default, to any or all of the Pledged Collateral for payment of all or part of the Obligations prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (v) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor in respect of the Obligations or this Pledge Agreement.

Pledgor’s Waivers. Pledgor agrees that until the Obligations are paid ----------------- in full, Pledgee's Lender’s security interest in the Pledged Collateral shall be absolute and unconditional regardless of the existence or occurrence of, and Pledgor expressly waives its right to the return of the Pledged Collateral in the Event of Default hereunder, together with any defense or discharge which might otherwise arise from, any of the following: (ia) any lack of validity or enforceability of this Pledge Agreement, the Financing Agreement or any other agreement or instrument relating hereto or thereto or otherwise relating to the ObligationsLiabilities; (iib) any change in the time, manner or place of payment of, or in any other terms of, any or all of the ObligationsLiabilities arising out of this Pledge Agreement, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement or the Financing Agreement or any other agreement, instrument or other writing now or hereafter existing between Pledgor and Pledgee and relating to the ObligationsAgreement; (iiic) any exchange, release or non-perfection of any other collateral, or any release, amendment or waiver of, or consent to departure from any guaranty, for any or all of the ObligationsLiabilities; (ivd) Pledgee's resort, Lender’s resort during the continuation of a Pledgor an Event of Default, to any or all of the Pledged Collateral for payment of all or part of the Obligations Liabilities prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (ve) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available toto Pledgor as of the date hereof, or a discharge of, of Pledgor in respect of the Obligations Liabilities or this Pledge Agreement.

Pledgor’s Waivers. Pledgor agrees that until the Obligations are ----------------- paid ----------------- in full, Pledgee's security interest in the Pledged Collateral shall be absolute and unconditional regardless of the existence or occurrence of, and expressly waives any defense or discharge which might otherwise arise from, any of the following: (i) any lack of validity or enforceability of this Pledge Agreement, the Financing Agreement or any other agreement or instrument relating hereto or thereto or otherwise relating to the Obligations; (ii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Obligations, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement or the Financing Agreement or any other agreement, instrument or other writing now or hereafter existing between Pledgor and Pledgee and relating to the Obligations; (iii) any exchange, release or non-perfection of any other collateral, or any release, amendment or waiver of, or consent to departure from any guaranty, for any or all of the Obligations; (iv) Pledgee's resort, during the continuation of a Pledgor Default, to any or all of the Pledged Collateral for payment of all or part of the Obligations prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (v) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor in respect of the Obligations or this Pledge Agreement.

Pledgor’s Waivers. Pledgor agrees that until the Obligations are paid ----------------- in full, Pledgee's Secured Party’s security interest in the Pledged Collateral shall be absolute and unconditional regardless of the existence or occurrence of, and expressly waives any defense or discharge which might otherwise arise from, any of the following: (i) any lack of validity or enforceability of this Pledge Agreement, the Financing Agreement Letter or any other agreement or instrument relating hereto or thereto or otherwise relating to the Secured Obligations; (ii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Secured Obligations, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement or the Financing Agreement Letter or any other agreement, instrument or other writing now or hereafter existing between Pledgor and Pledgee Secured Party and relating to the Secured Obligations; (iii) any exchange, release or non-perfection of any other collateral, or any release, amendment or waiver of, or consent to departure from any guaranty, for any or all of the Secured Obligations; (iv) Pledgee's Secured Party’s resort, during the continuation of a Pledgor an Event of Default, to any or all of the Pledged Collateral for payment of all or part of the Secured Obligations prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (v) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor in respect of the Secured Obligations or this Pledge Agreement.

Pledgor’s Waivers. Pledgor agrees that until as of the Obligations are paid ----------------- in fullEffective Date, Pledgee's ’s security interest in the Pledged Collateral Shares shall be absolute and unconditional regardless of the existence or occurrence of, and expressly waives any defense or discharge which might otherwise arise from, any of the following: (i) any lack of validity or enforceability of this Pledge Agreement, the Financing Agreement Note or any other agreement or instrument relating hereto or thereto or otherwise relating to the ObligationsLoan Documents; (ii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the ObligationsNote or the other Loan Documents, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement or Agreement, the Financing Agreement Note or any other agreement, instrument or other writing now or hereafter existing between Pledgor and Pledgee and relating to the ObligationsLoan Document; (iii) any exchange, release or non-perfection of any other collateral, or any release, amendment or waiver of, or consent to departure from any guaranty, for any or all of the ObligationsNote; (iv) Pledgee's ’s resort, during the continuation of a Pledgor an Event of Default, to any or all of the Pledged Collateral Shares for payment of all or part of the Obligations obligations secured hereby prior to proceeding against any other collateral or any other party primarily or secondarily liable for or payment thereof; or (v) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor in respect of the Obligations or obligations of the Pledgor under this Pledge Agreement, the Note or any other Loan Document.

Pledgor’s Waivers. Pledgor agrees that until the Obligations are paid ----------------- in full, Pledgee's Lender’s security interest in the Pledged Collateral shall be absolute and unconditional regardless of the existence or occurrence of, and Pledgor expressly waives its right to the return of the Pledged Collateral in the Event of Default hereunder, together with any defense or discharge which might otherwise arise from, any of the following: : (ia) any lack of validity or enforceability of this Pledge Agreement, the Financing Agreement or any other agreement or instrument relating hereto or thereto or otherwise relating to the Obligations; Liabilities; (iib) any change in the time, manner or place of payment of, or in any other terms of, any or all of the ObligationsLiabilities arising out of this Pledge Agreement, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement or the Financing Agreement or any other agreement, instrument or other writing now or hereafter existing between Pledgor and Pledgee and relating to the Obligations; Agreement; (iiic) any exchange, release or non-perfection of any other collateral, or any release, amendment or waiver of, or consent to departure from any guaranty, for any or all of the Obligations; Liabilities; (ivd) Pledgee's resort, Lender’s resort during the continuation of a Pledgor an Event of Default, to any or all of the Pledged Collateral for payment of all or part of the Obligations Liabilities prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or or (ve) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available toto Pledgor as of the date hereof, or a discharge of, of Pledgor in respect of the Obligations Liabilities or this Pledge Agreement.

Pledgor’s Waivers. Pledgor agrees that until as of the Obligations are paid ----------------- in fullEffective Date, Pledgee's ’s security interest in the Pledged Collateral Securities shall be absolute and unconditional regardless of the existence or occurrence of, and expressly waives any defense or discharge which might otherwise arise from, any of the following: (i) any lack of validity or enforceability of this Pledge Agreement, the Financing Agreement Note or any other agreement or instrument relating hereto or thereto or otherwise relating to the ObligationsLoan Documents; (ii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the ObligationsNote or the other Loan Documents, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement or Agreement, the Financing Agreement Note or any other agreement, instrument or other writing now or hereafter existing between Pledgor and Pledgee and relating to the ObligationsLoan Document; (iii) any exchange, release or non-perfection of any other collateral, or any release, amendment or waiver of, or consent to departure from any guaranty, for any or all of the ObligationsNote; (iv) Pledgee's ’s resort, during the continuation of a Pledgor an Event of Default, to any or all of the Pledged Collateral Securities for payment of all or part of the Obligations obligations secured hereby prior to proceeding against any other collateral or any other party primarily or secondarily liable for or payment thereof; or (v) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor in respect of the Obligations or obligations of the Pledgor under this Pledge Agreement, the Note or any other Loan Document.

Pledgor’s Waivers. Pledgor agrees that until the Obligations are paid ----------------- in full, Pledgee's ’s security interest in the Pledged Collateral shall be absolute and unconditional regardless of the existence or occurrence of, and Pledgor expressly waives its right to the return of the Pledged Collateral in the Event of Default hereunder, together with any defense or discharge which might otherwise arise from, any of the following: (ia) any lack of validity or enforceability of this Pledge Agreement, the Financing Agreement or any other agreement or instrument relating hereto or thereto or otherwise relating to the Obligations; (iib) any change in the time, manner or place of payment of, or in any other terms of, any or all of the ObligationsObligations arising out of this Pledge Agreement or the Cesión, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement or the Financing Agreement or any other agreement, instrument or other writing now or hereafter existing between Pledgor and Pledgee and relating to the ObligationsCesión; (iiic) any exchange, release or non-perfection of any other collateral, or any release, amendment or waiver of, or consent to departure from any guaranty, for any or all of the Obligations; (ivd) Pledgee's resort, ’s resort during the continuation of a Pledgor an Event of Default, to any or all of the Pledged Collateral for payment of all or part of the Obligations prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (ve) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available toto Pledgor as of the date hereof, or a discharge of, of Pledgor in respect of the Obligations or this Pledge Agreement.