Common use of Waiver by Performance Guarantor Clause in Contracts

Waiver by Performance Guarantor. Wyndham Worldwide waives promptness, diligence, notice of acceptance and any other notice with respect to any of the Obligations and this Guaranty and any requirement that the Trustee protect, secure, perfect or insure any security interest or lien or any property subject thereto or exhaust any right or take any action against or any other person or entity or any collateral.

Appears in 2 contracts

Samples: Performance Guaranty (Wyndham Worldwide Corp), Performance Guaranty (Wyndham Worldwide Corp)

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Waiver by Performance Guarantor. Cendant and Wyndham Worldwide each waives promptness, diligence, notice of acceptance and any other notice with respect to any of the Obligations and this Guaranty and any requirement that the Trustee protect, secure, perfect or insure any security interest or lien or any property subject thereto or exhaust any right or take any action against or any other person or entity or any collateral.

Appears in 2 contracts

Samples: Performance Guaranty, Performance Guaranty (Wyndham Worldwide Corp)

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