Common use of Understanding With Respect to Waivers Clause in Contracts

Understanding With Respect to Waivers. Each Guarantor warrants and represents that each of the waivers set forth above are made with full knowledge of their significance and consequences, and that under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any of said waivers are determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the maximum extent permitted by law.

Appears in 26 contracts

Samples: Tax Protection Agreement, Tax Protection Agreement (Postal Realty Trust, Inc.), Tax Protection Agreement (Starwood Property Trust, Inc.)

AutoNDA by SimpleDocs

Understanding With Respect to Waivers. Each Guarantor warrants and represents agrees that each of the waivers set forth above in this Guaranty are made with such Guarantor’s full knowledge of their significance and consequences, and that under the circumstances, circumstances the waivers are reasonable and not contrary to public policy or law. If any of said waivers are shall hereafter be determined by a court of competent jurisdiction to be contrary to any applicable law or against public policy, such waiver waivers shall be effective only to the maximum extent permitted by law.

Appears in 4 contracts

Samples: Tax Matters Agreement (Rexford Industrial Realty, Inc.), Guaranty Agreement (Rexford Industrial Realty, Inc.), Guaranty Agreement (Rexford Industrial Realty, Inc.)

Understanding With Respect to Waivers. Each Guarantor warrants and represents agrees that each of the waivers set forth above are is made with Guarantor’s full knowledge of their its significance and consequencesconsequences and that, and that under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any of said waivers are such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the maximum extent permitted by lawlaw or public policy.

Appears in 1 contract

Samples: Commercial Guaranty (Manufactured Housing Properties Inc.)

AutoNDA by SimpleDocs

Understanding With Respect to Waivers. Each Guarantor warrants and represents agrees that each of the waivers set forth above in this Guaranty are made with such Guarantor's full knowledge of their significance and consequences, and that under the circumstances, circumstances the waivers are reasonable and not contrary to public policy or law. If any of said waivers are shall hereafter be determined by a court of competent jurisdiction to be contrary to any applicable law or against public policy, such waiver waivers shall be effective only to the maximum extent permitted by law.

Appears in 1 contract

Samples: Tax Protection Agreement (Retail Opportunity Investments Partnership, LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!