Common use of Pledgor’s Waivers Clause in Contracts

Pledgor’s Waivers. 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: (a) any lack of validity or enforceability of this Pledge Agreement or any other agreement or instrument relating hereto or thereto or otherwise relating to the Liabilities; (b) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Liabilities arising out of this Pledge Agreement, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement; (c) 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 Liabilities; (d) Lender’s resort during the continuation of an Event of Default, to any or all of the Pledged Collateral for payment of all or part of the Liabilities prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (e) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to Pledgor as of the date hereof, or a discharge of Pledgor in respect of the Liabilities or this Pledge Agreement.

Pledgor’s Waivers. Lender’s 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 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: (ai) 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 LiabilitiesObligations; (bii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Liabilities arising out of this Pledge AgreementObligations, or any other amendment or waiver of, or any consent to departure from, this Pledge AgreementAgreement 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; (ciii) 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 LiabilitiesObligations; (div) Lender’s resort Pledgee's resort, during the continuation of an Event of a Pledgor Default, to any or all of the Pledged Collateral for payment of all or part of the Liabilities Obligations prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (ev) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to Pledgor as of the date hereofto, or a discharge of of, Pledgor in respect of the Liabilities Obligations or this Pledge Agreement.

Pledgor’s Waivers. LenderPledgee’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: (a) any lack of validity or enforceability of this Pledge Agreement or any other agreement or instrument relating hereto or thereto or otherwise relating to the LiabilitiesObligations; (b) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Liabilities Obligations arising out of this Pledge AgreementAgreement or the Cesión, or any other amendment or waiver of, or any consent to departure from, this Pledge AgreementAgreement or the Cesión; (c) 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 LiabilitiesObligations; (d) LenderPledgee’s resort during the continuation of an Event of Default, to any or all of the Pledged Collateral for payment of all or part of the Liabilities Obligations prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (e) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to Pledgor as of the date hereof, or a discharge of Pledgor in respect of the Liabilities Obligations or this Pledge Agreement.

Pledgor’s Waivers. Lender’s 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 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: (ai) 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 LiabilitiesObligations; (bii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Liabilities arising out of this Pledge AgreementObligations, or any other amendment or waiver of, or any consent to departure from, this Pledge AgreementAgreement 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; (ciii) 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 LiabilitiesObligations; (div) Lender’s resort Pledgee's resort, during the continuation of an Event of a Pledgor Default, to any or all of the Pledged Collateral for payment of all or part of the Liabilities Obligations prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (ev) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to Pledgor as of the date hereofto, or a discharge of of, Pledgor in respect of the Liabilities Obligations or this Pledge Agreement.

Pledgor’s Waivers. LenderPledgor agrees that as of the Effective Date, Pledgee’s security interest in the Pledged Collateral Shares 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: (ai) any lack of validity or enforceability of this Pledge Agreement Agreement, the Note or any other agreement or instrument relating hereto or thereto or otherwise relating to the LiabilitiesLoan Documents; (bii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Liabilities arising out of this Pledge AgreementNote or the other Loan Documents, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement, the Note or any other Loan Document; (ciii) 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 LiabilitiesNote; (div) LenderPledgee’s resort resort, during the continuation of an Event of Default, to any or all of the Pledged Collateral Shares for payment of all or part of the Liabilities obligations secured hereby prior to proceeding against any other collateral or any other party primarily or secondarily liable for or payment thereof; or (ev) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to Pledgor as of the date hereofto, or a discharge of of, Pledgor in respect of the Liabilities or obligations of the Pledgor under this Pledge Agreement, the Note or any other Loan Document.

Pledgor’s Waivers. LenderPledgor agrees that Secured Party’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: (ai) any lack of validity or enforceability of this Pledge Agreement Agreement, the Letter or any other agreement or instrument relating hereto or thereto or otherwise relating to the LiabilitiesSecured Obligations; (bii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Liabilities arising out of this Pledge AgreementSecured Obligations, or any other amendment or waiver of, or any consent to departure from, this Pledge AgreementAgreement or the Letter or any other agreement, instrument or other writing now or hereafter existing between Pledgor and Secured Party and relating to the Secured Obligations; (ciii) 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 LiabilitiesSecured Obligations; (div) LenderSecured Party’s resort resort, during the continuation of an Event of Default, to any or all of the Pledged Collateral for payment of all or part of the Liabilities Secured Obligations prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or (ev) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to Pledgor as of the date hereofto, or a discharge of of, Pledgor in respect of the Liabilities Secured Obligations or this Pledge Agreement.

Pledgor’s Waivers. LenderPledgor agrees that as of the Effective Date, Pledgee’s security interest in the Pledged Collateral Securities 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: (ai) any lack of validity or enforceability of this Pledge Agreement Agreement, the Note or any other agreement or instrument relating hereto or thereto or otherwise relating to the LiabilitiesLoan Documents; (bii) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Liabilities arising out of this Pledge AgreementNote or the other Loan Documents, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement, the Note or any other Loan Document; (ciii) 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 LiabilitiesNote; (div) LenderPledgee’s resort resort, during the continuation of an Event of Default, to any or all of the Pledged Collateral Securities for payment of all or part of the Liabilities obligations secured hereby prior to proceeding against any other collateral or any other party primarily or secondarily liable for or payment thereof; or (ev) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to Pledgor as of the date hereofto, or a discharge of of, Pledgor in respect of the Liabilities or obligations of the Pledgor under this Pledge Agreement, the Note or any other Loan Document.

Pledgor’s Waivers. 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: : (a) any lack of validity or enforceability of this Pledge Agreement or any other agreement or instrument relating hereto or thereto or otherwise relating to the Liabilities; ; (b) any change in the time, manner or place of payment of, or in any other terms of, any or all of the Liabilities arising out of this Pledge Agreement, or any other amendment or waiver of, or any consent to departure from, this Pledge Agreement; ; (c) 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 Liabilities; ; (d) Lender’s resort during the continuation of an Event of Default, to any or all of the Pledged Collateral for payment of all or part of the Liabilities prior to proceeding against any other collateral or any other party primarily or secondarily liable for payment thereof; or or (e) to the extent permitted by law, any other circumstance which might otherwise constitute a defense available to Pledgor as of the date hereof, or a discharge of Pledgor in respect of the Liabilities or this Pledge Agreement.