Common use of Waiver by Borrower Clause in Contracts

Waiver by Borrower. Borrower and each endorser or guarantor of this Note hereby waives presentment, protest, demand, diligence, notice of dishonor and of nonpayment, and waives and renounces all rights to the benefits of any statute of limitations and any moratorium, appraisement, exemption and homestead now provided or which may hereafter be provided by any federal or state statute, including but not limited to exemptions provided by or allowed under the Bankruptcy Code of 1978, both as to itself personally and as to all of its or their property, whether real or personal, against the enforcement and collection of the obligations evidenced by this Note and any and all extensions, renewals and modifications hereof.

Appears in 2 contracts

Samples: Security Agreement (International Plastic Technologies Inc), Security Agreement (International Plastic Technologies Inc)

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Waiver by Borrower. Borrower and each endorser or guarantor Guarantor of this Note hereby waives presentment, protest, demand, diligence, notice of dishonor and of nonpayment, and waives and renounces all rights to the benefits of any statute of limitations and any moratorium, appraisement, exemption and homestead now provided or which may hereafter be provided by any federal or state statute, including but not limited to exemptions provided by or allowed under the Bankruptcy Code of 1978, both as to itself personally and as to all of its or their property, whether real or personal, against the enforcement and collection of the obligations evidenced by this Note and any and all extensions, renewals and modifications hereof.

Appears in 1 contract

Samples: Loan Agreement (Mace Security International Inc)

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Waiver by Borrower. Borrower and each endorser or guarantor of this Note hereby waives presentment, protest, demand, diligence, notice of dishonor and of nonpayment, and waives waive and renounces renounce all rights to the benefits of any statute of limitations and any moratorium, appraisement, and exemption and homestead now provided or which may hereafter be provided by any federal Federal or state State statute, including including, but not limited to to, exemptions provided by or allowed under the Bankruptcy Code of 1978, both as to itself or himself personally and as to all of its or their property, whether real or personal, against the enforcement and collection of the obligations evidenced by this Note and any and all extensions, renewals renewal and modifications hereof.

Appears in 1 contract

Samples: Loan Agreement (Mace Security International Inc)

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