Common use of RENUNCIATION OF BENEFITS Clause in Contracts

RENUNCIATION OF BENEFITS. Each Obligor renounces, to the extent permitted under applicable law, the benefits of each of the legal exceptions of excussion, division, revision of accounts, no value received, errore calculi, non causa debiti, non numeratae pecuniae and cession of actions, and declares that it understands the meaning of each such legal exception and the effect of such renunciation.

Appears in 43 contracts

Samples: Facilities Agreement (Lesaka Technologies Inc), Senior Facility Agreement (Lesaka Technologies Inc), Common Terms Agreement (Harmony Gold Mining Co LTD)

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RENUNCIATION OF BENEFITS. Each Obligor renounces, to the extent permitted under applicable law, the benefits of each of the legal exceptions of excussion, division, revision of accounts, no value received, errore calculi, non causa debiti, non numeratae pecuniae and cession of actions, and declares that it understands the meaning of each such legal exception and the effect of such renunciation.renunciation and more specifically:

Appears in 3 contracts

Samples: Senior Facilities Agreement (Atlatsa Resources Corp), Senior Term Loan and Revolving Facilities Agreement (Atlatsa Resources Corp), Senior Term Loan Facilities Agreement (Anooraq Resources Corp)

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RENUNCIATION OF BENEFITS. Each Obligor Cedent renounces, to the extent permitted under applicable law, the benefits of each of the legal exceptions of excussion, division, revision of accounts, no value received, errore calculi, non causa debiti, non numeratae pecuniae and cession of actions, and declares that it understands the meaning of each such legal exception and the effect of such renunciation.

Appears in 2 contracts

Samples: Shareholder Guarantee, Cession and Pledge Agreement (Net 1 Ueps Technologies Inc), Guarantee, Cession and Pledge Agreement (Net 1 Ueps Technologies Inc)

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