Common use of Presentments, Demands and Notices Clause in Contracts

Presentments, Demands and Notices. The Collateral Agent shall not be under any duty or obligation whatsoever to make or give any presentments, demands for performances, notices of nonperformance, protests, notice of protest or notice of dishonor in connection with any obligations or evidences of indebtedness held thereby as collateral, or in connection with any obligations or evidences of indebtedness which constitute in whole or in part the Secured Obligations secured hereunder.

Appears in 4 contracts

Samples: Credit Agreement (Granite Construction Inc), Securities Pledge Agreement (Granite Construction Inc), Securities Pledge Agreement (Sonic Automotive Inc)

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Presentments, Demands and Notices. The Collateral Agent shall not be under any duty or obligation whatsoever to make or give any presentments, demands for performances, notices of nonperformance, protests, notice of protest or notice of dishonor in connection with any obligations or evidences of indebtedness held thereby as collateral, or in connection with any obligations or evidences of indebtedness which constitute in whole or in part the Secured Obligations secured hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Unicapital Corp), Credit Agreement (Cultural Access Worldwide Inc), Pledge Agreement (Headway Corporate Resources Inc)

Presentments, Demands and Notices. The Collateral Agent shall not be under any --------------------------------- duty or obligation whatsoever to make or give any presentments, demands for performances, notices of nonperformance, protests, notice of protest or notice of dishonor in connection with any obligations or evidences of indebtedness held thereby as collateral, or in connection with any obligations or evidences of indebtedness which constitute in whole or in part the Secured Obligations secured hereunder.

Appears in 1 contract

Samples: Credit Agreement (Breed Technologies Inc)

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Presentments, Demands and Notices. The Collateral Agent shall not be under any duty or obligation whatsoever to make or give any presentments, demands for performances, notices of nonperformance, protests, notice of protest or notice of dishonor in connection with any obligations or evidences of indebtedness held thereby as collateral, or in connection with any obligations or evidences of indebtedness which constitute in whole or in part the Secured Obligations secured hereunderObligations.

Appears in 1 contract

Samples: Credit Agreement (Covenant Transport Inc)

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