Significance of Waivers. Guarantor represents, warrants and agrees that each of the waivers set forth herein are made with Guarantor’s full knowledge of its significance and consequences, with the understanding that events giving rise to any defense waived may diminish, destroy or otherwise adversely affect rights which Guarantor otherwise may have against Borrower or any other Person, or against the Collateral, and that under the circumstances the waivers are reasonable.
Appears in 4 contracts
Samples: Loan and Aircraft Security Agreement, Loan Agreement (World Wrestling Entertainmentinc), Guaranty (Primoris Services Corp)
Significance of Waivers. The Guarantor represents, warrants and agrees that each of the waivers set forth herein are made with the Guarantor’s full knowledge of its significance and consequences, with the understanding that events giving rise to any defense waived may diminish, destroy or otherwise adversely affect rights which the Guarantor otherwise may have against Borrower the Transferor or any other obligor, guarantor or Person, or against the Collateralcollateral, and that under the circumstances the waivers are reasonable.
Appears in 3 contracts
Samples: Limited Guaranty (Santander Drive Auto Receivables Trust 2007-1), Limited Guaranty (Santander Drive Auto Receivables Trust 2007-2), Limited Guaranty (Santander Drive Auto Receivables Trust 2007-3)
Significance of Waivers. Each Guarantor represents, warrants and agrees that each of the waivers set forth herein are made with such Guarantor’s full knowledge of its their significance and consequences, with the understanding that events giving rise to any defense waived may diminish, destroy or otherwise adversely affect rights which such Guarantor otherwise may have against Borrower DTCC or any other obligor, guarantor (including any other Guarantor) or Person, or against the Collateralcollateral, and that under the circumstances the waivers are reasonable.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement, Membership Interest Purchase Agreement (DT Acceptance Corp)
Significance of Waivers. Guarantor represents, warrants and agrees that each of the waivers set forth herein are made with such Guarantor’s 's full knowledge of its their significance and consequences, with the understanding that events giving rise to any defense waived may diminish, destroy or otherwise adversely affect rights which such Guarantor otherwise may have against Borrower Collection Agent, Gold Coast, National-Wide or any other obligor, guarantor or Person, or against the Collateralcollateral, and that under the circumstances the waivers are reasonable.
Appears in 1 contract
Samples: Receivables Purchase and Sale Agreement (Usa Finance Inc)
Significance of Waivers. The Guarantor represents, warrants and agrees that each of the waivers set forth herein are made with the Guarantor’s full knowledge of its significance and consequences, with the understanding that events giving rise to any defense waived may diminish, destroy or otherwise adversely affect rights which the Guarantor otherwise may have against Borrower Flagship, CarFinance, FC Funding or any other obligor, guarantor or Person, or against the Collateralcollateral, and that under the circumstances the waivers are reasonable.
Appears in 1 contract
Significance of Waivers. The Guarantor represents, warrants and agrees that each of the waivers set forth herein are made with the Guarantor’s full knowledge of its significance and consequences, with the understanding that events giving rise to any defense waived may diminish, destroy or otherwise adversely affect rights which the Guarantor otherwise may have against Borrower E-Loan LLC or any other obligor, guarantor or Person, or against the Collateralcollateral, and that under the circumstances the waivers are reasonable.
Appears in 1 contract
Samples: Limited Guaranty (E Loan Inc)