Common use of Waiver and Acknowledgement Clause in Contracts

Waiver and Acknowledgement. Each Guarantor hereby expressly waives: (a) notice of acceptance of this Guarantee; (b) notice of the existence or creation of all or any of the Guaranteed Obligations; (c) any right to require marshalling of assets and liabilities; (d) presentment, notice of dishonour and protest; (e) diligence in collection or protection of or realization upon all or any of the Guaranteed Obligations or any obligation hereunder; and (f) any requirement that the Agent or any Lender exhaust any right, power or remedy or proceed against any Obligor under the Credit Agreement or any other Transaction Document (as applicable), or against any other Person under any other guarantee of, or security for, any of the Guaranteed Obligations.

Waiver and Acknowledgement. Each The Guarantor hereby expressly waives: (a) notice of acceptance of this Guarantee; (b) notice of the existence or creation of all or any of the Guaranteed Obligations; (c) any right to require marshalling of assets and liabilities; (d) presentment, notice of dishonour and protest; (e) diligence in collection or protection of or realization upon all or any of the Guaranteed Obligations or any obligation hereunder; and (f) any requirement that the Agent or any Lender exhaust any right, power or remedy or proceed against any Obligor under the Credit Agreement or any other Transaction Document (as applicable), or against any other Person under any other guarantee of, or security for, any of the Guaranteed Obligations.