Stay or Extension Laws. Such Pledgor will not at any time claim, take, insist upon or invoke the benefit or advantage of or from any law now or hereafter in force providing for the valuation or appraisement of the Pledged Collateral prior to any sale or sales thereof to be made pursuant to the provisions hereof or pursuant to the decree, judgment, or order of any court of competent jurisdiction; nor, after such sale or sales, claim or exercise any right under any statute now or hereafter made or enacted by any state to redeem the property so sold or any part thereof, and such Pledgor hereby expressly waives (to the extent not prohibited by applicable law), on behalf of such Pledgor and each and every person or entity claiming by, through and under such Pledgor, all benefit and advantage of any such law or laws, and covenants that such Pledgor will not invoke or utilize any such law or laws or otherwise hinder, delay or impede the execution of any power, right or remedy herein or hereby granted and delegated to the Pledgee, but will authorize, allow and permit the execution of every such power, right or remedy as though no such law or laws had been made or enacted.
Appears in 4 contracts
Samples: Pledge Agreement (Empire Resorts Inc), Pledge Agreement (Empire Resorts Inc), Pledge Agreement (Viskase Companies Inc)
Stay or Extension Laws. Such The Pledgor will not at any time claim, take, insist upon or invoke the benefit or advantage of or from any law now or hereafter in force providing for the valuation or appraisement of the Pledged Collateral prior to any sale or sales thereof to be made pursuant to the provisions hereof or pursuant to the decree, judgment, or order of any court of competent jurisdiction; nor, after such sale or sales, claim or exercise any right under any statute now or hereafter made or enacted by any state to redeem the property so sold or any part thereof, and such the Pledgor hereby expressly waives (to the extent not prohibited by applicable law)waives, on behalf of such the Pledgor and each and every person or entity claiming by, through and under such the Pledgor, all benefit and advantage of any such law or laws, and covenants that such the Pledgor will not invoke or utilize any such law or laws or otherwise hinder, delay or impede the execution of any power, right or remedy herein or hereby granted and delegated to the Pledgee, but will authorize, allow and permit the execution of every such power, right or remedy as though no such law or laws had been made or enacted.
Appears in 4 contracts
Samples: Pledge Agreement (Phoenix Footwear Group Inc), Pledge Agreement (Easylink Services Corp), Pledge Agreement (Easylink Services Corp)
Stay or Extension Laws. Such The Pledgor will not at any time claim, take, insist upon or invoke the benefit or advantage of or from any law now or hereafter in force providing for the valuation or appraisement of the Pledged Collateral prior to any sale or sales thereof to be made pursuant to the provisions hereof or pursuant to the decree, judgment, or order of any court of competent jurisdiction; nor, after such sale or sales, claim or exercise any right under any statute now or hereafter made or enacted by any state to redeem the property so sold or any part thereof, and such the Pledgor hereby expressly waives (to the extent not prohibited by applicable law), on behalf of such the Pledgor and each and every person or entity claiming by, through and under such the Pledgor, all benefit and advantage of any such law or laws, and covenants that such the Pledgor will not invoke or utilize any such law or laws or otherwise hinder, delay or impede the execution of any power, right or remedy herein or hereby granted and delegated to the Pledgee, but will authorize, allow and permit the execution of every such power, right or remedy as though no such law or laws had been made or enacted.
Appears in 4 contracts
Samples: Pledge Agreement (Viskase Companies Inc), Pledge Agreement (Viskase Companies Inc), Pledge Agreement (Viskase Companies Inc)
Stay or Extension Laws. Such Pledgor Grantor will not at any time claim, take, insist upon or invoke the benefit or advantage of or from any law now or hereafter in force providing for the valuation or appraisement of the Pledged Collateral prior to any sale or sales thereof to be made pursuant to the provisions hereof or pursuant to the decree, judgment, or order of any court of competent jurisdiction; nor, after such sale or sales, claim or exercise any right under any statute now or hereafter made or enacted by any state to redeem the property so sold or any part thereof, and such Pledgor Grantor hereby expressly waives (to the extent not prohibited by applicable law)waives, on behalf of such Pledgor Grantor and each and every person or entity claiming by, through and under such PledgorGrantor, all benefit and advantage of any such law or laws, and covenants that such Pledgor Grantor will not invoke or utilize any such law or laws or otherwise hinder, delay delay, or impede the execution of any power, right or remedy herein or hereby granted and delegated to Administrative Agent for the Pledgeebenefit of Lenders, but will authorize, allow allow, and permit the execution of every such power, right or remedy as though no such law or laws had been made or enacted.
Appears in 2 contracts
Samples: Credit Agreement (Brookdale Senior Living Inc.), Credit Agreement (Brookdale Senior Living Inc.)
Stay or Extension Laws. Such The Pledgor will not at any time claim, take, insist upon or invoke the benefit or advantage of or from any law now or hereafter in force providing for the valuation or appraisement of the Pledged Collateral prior to any sale or sales thereof to be made pursuant to the provisions hereof or pursuant to the decree, judgment, or order of any court of competent jurisdiction; nor, after such sale or sales, claim or exercise any right under any statute now or hereafter made or enacted by any an state to redeem the property so sold or any part thereof, and such and, to the extent permitted by applicable law, the Pledgor hereby expressly waives (to the extent not prohibited by applicable law)waives, on behalf of such the Pledgor and each and every person or entity Person claiming by, through tlirough and under such the Pledgor, all benefit and advantage of any such law or laws, and covenants that such the Pledgor will not invoke or utilize any such law or laws or otherwise hinder, delay or impede the execution of any power, right or remedy herein or hereby granted and delegated to the Pledgee, but will authorize, allow and permit the execution of every such power, right or remedy as though no such law or laws lass had been made or enacted.
Appears in 1 contract
Stay or Extension Laws. Such Pledgor PEC covenants that it will not at any time claim, take, insist upon or invoke the benefit or advantage of or from any law now or hereafter in force providing for the valuation or appraisement of the Pledged Collateral Notes or the Deeds of Trust prior to any sale or sales thereof to be made pursuant to the provisions hereof or pursuant to the decree, judgment, or order of any court of competent jurisdiction; nor, after such sale or sales, shall PEC claim or exercise any right under any statute now or hereafter made or enacted by any state to redeem the property so sold or any part thereof, and such Pledgor PEC hereby expressly waives (to the extent not prohibited by applicable law)waives, on behalf of such Pledgor itself and each and every person or entity claiming by, through and or under such PledgorPEC, all benefit and advantage of any such law or laws, and PEC covenants that such Pledgor it will not invoke or utilize any such law or laws or otherwise hinder, delay or impede the execution of any power, right or remedy herein or hereby granted and delegated to the PledgeeAdministrative Agent, but will authorize, allow and permit the execution of every such power, right or and remedy as though no such law or laws had been made or enacted.
Appears in 1 contract
Samples: Assignment of Notes and Deeds of Trust (Pacific Ethanol, Inc.)
Stay or Extension Laws. Such The Pledgor will not at any time claim, take, insist upon or invoke the benefit or advantage of or from any law now or hereafter in force providing for the valuation or appraisement of the Pledged Collateral prior to any sale or sales thereof to be made pursuant to the provisions hereof or pursuant to the decree, judgment, or order of any court of competent jurisdiction; nor, after such sale or sales, claim or exercise any right under any statute now or hereafter made or enacted by any an state to redeem the property so sold or any part thereof, and such the Pledgor hereby expressly waives (to the extent not prohibited by applicable law)waives, on behalf of such the Pledgor and each and every person or entity claiming by, through and under such the Pledgor, all benefit and advantage of any such law or laws, and covenants that such the Pledgor will not invoke or utilize any such law or laws or otherwise hinder, delay or impede the execution of any power, right or remedy herein or hereby granted and delegated to the Pledgee, but will authorize, allow and permit the execution of every such power, right or remedy as though no such law or laws lass had been made or enacted.
Appears in 1 contract
Samples: Pledge Agreement (HydroGen CORP)