Common use of Presentment, etc Clause in Contracts

Presentment, etc. The Debtor hereby waives presentment, protest,, notice of protest, notice of dishonor and notice of nonpayment with respect to any proceeds to which Secured Party is entitled hereunder and any rights to direct the application of payments for security for indebtedness of the Debtor hereunder, or indebtedness of customers of the Debtor, and hereby waives any right to require proceedings against others or to require exhaustion of security.

Appears in 6 contracts

Samples: Te Nuclear Security Agreement (FirstEnergy Generation Corp.), Te Fossil Security Agreement (FirstEnergy Generation Corp.), Fossil Security Agreement (FirstEnergy Generation Corp.)

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Presentment, etc. The Debtor hereby waives presentment, protest,, notice of protest, notice of dishonor and notice of nonpayment with respect to any proceeds to which Secured Party the Bank is entitled hereunder and any rights to direct the application of payments for security for indebtedness of the Debtor hereunder, or indebtedness of customers of the Debtor, and hereby waives any right to require proceedings against others or to require exhaustion of security.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Uol Publishing Inc)

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Presentment, etc. The Debtor hereby waives presentment, protest,, notice of protest, notice of dishonor and notice of nonpayment with respect to any proceeds to which Secured Party Sand Hill is entitled hereunder and any rights to direct the application of payments for security for indebtedness of the Debtor hereunder, or indebtedness of customers of the Debtor, and hereby waives any right to require proceedings against others or to require exhaustion of security.

Appears in 1 contract

Samples: Security Agreement (Uol Publishing Inc)

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