Waiver by Pledgor. Secured Party has no obligation and Pledgor waives any obligation to attempt to satisfy the Obligations by collecting the obligations from any third parties and Secured Party may release, modify or waive any collateral provided by any third party to secure any of the Obligations, all without affecting the Secured Party’s rights against Pledgor. Pledgor further waives any obligation on the part of Secured Party to marshal any assets in favor of Pledgor or in payment of the Obligations. Notwithstanding any provisions in this Agreement or any other agreement between Pledgor, the Secured Party, Pledgor does not waive any statutory rights except to the extent that the waiver thereof is permitted by law.
Waiver by Pledgor. The Pledgor waives (to the extent permitted by applicable law) any right to require any Secured Party or any other obligee of the Secured Obligations to (a) proceed against any other Pledgor or any Person, including without limitation any Guarantor, (b) proceed against or exhaust any Collateral or other collateral for the Secured Obligations, or (c) pursue any other remedy in its power; and waives (to the extent permitted by applicable law) any defense arising by reason of any disability or other defense of any other Pledgor or any other Person, including without limitation any Guarantor, or by reason of the cessation from any cause whatsoever of the liability of any other Pledgor or any other Person, including without limitation, any Guarantor. The Agent may at any time deliver (without representation, recourse or warranty) the Collateral or any part thereof to the Pledgor and the receipt thereof by the Pledgor shall be a complete and full acquittance for the Collateral so delivered, and the Agent shall thereafter be discharged from any liability or responsibility therefor.
Waiver by Pledgor. Pledgor waives (to the extent permitted by applicable law) any right to require Secured Party or any other obligee of the Secured Obligations to (a) proceed against the Subsidiary or any other person or entity, (b) proceed against or exhaust any Collateral, or (c) pursue any other remedy in its power; and waives (to the extent permitted by applicable law) any defense arising by reason of any disability or other defense of the Subsidiary or any other person or entity, or by reason of the cessation from any cause whatsoever of the liability of the Subsidiary or any other person or entity. Pledgor shall not have the right of subrogation, and Pledgor waives any right to enforce any remedy which the Secured Party or any other obligee of the Secured Obligations now has or may hereafter have against any other person or entity and waives (to the extent permitted by applicable law) any benefit of and any right to participate in any collateral or security whatsoever now or hereafter held by the Secured Party. Pledgor authorizes the Secured Party and any other obligee of the Secured Obligations without notice (except notice required by applicable law) or demand and without affecting its liability hereunder or under the Notes from time to time to: (I) take and hold security, other than the Collateral herein described, for the payment of such Secured Obligations or any part thereof, and exchange, enforce, waive and release the Collateral herein described or any part thereof or any such other security; and apply such Collateral or other security and direct the order or manner of sale thereof as the Secured Party or obligee in its discretion may determine. The Secured Party may at any time deliver or cause to be delivered (without representation, recourse or warranty) the Collateral or any part thereof to Pledgor and the receipt thereof by Pledgor shall be a complete and full acquittance for the Collateral so delivered, and the Secured Party shall thereafter be discharged from any liability or responsibility therefor.
Waiver by Pledgor. The Pledgor waives (to the extent permitted by applicable law) any right to require the Secured Party or any other obligee of the Secured Obligations to (a) proceed against any other Pledgor or any Person, including without limitation any Guarantor, (b) proceed against or exhaust any Collateral or other collateral for the Secured Obligations, or (c) pursue any other remedy in its power; and waives (to the extent permitted by applicable law) any defense arising by reason of any disability or other defense of any other Pledgor or any other Person, including without limitation any Guarantor, or by reason of the cessation from any cause
Waiver by Pledgor. The Pledgor waives any right to require Lender to (a) proceed against any person or entity, (b) proceed against or exhaust any Collateral, or (c) pursue any other remedy in Lender’s power; and waives any defense arising by reason of any disability or other defense of any other person, or by reason of the cessation from any cause whatsoever of the liability of any other person or entity. Until all indebtedness arising under the Loan Agreement and the Note shall have been paid in full, the Pledgor shall have no right of subrogation, and the Pledgor waives any right to enforce any remedy which Lender now has or may hereafter have against any other person and waives any benefit of and any right to participate in any Collateral or security whatsoever now or hereafter held by Lender. Lender may at any time deliver (without representation, recourse or warranty) the Collateral or any part thereof to the Pledgor and the receipt of the Pledgor shall be a complete and full acquittance for the Collateral so delivered, and Lender shall thereafter be discharged from any liability or responsibility therefor.
Waiver by Pledgor. Pledgor expressly and absolutely, without affecting the liability of Pledgor hereunder, waives and agrees not to assert or take advantage of:
a. Any notice of acceptance of this Agreement;
b. Demand, protest, notice of dishonor or nonpayment or presentment for payment of any Promissory Note or any other evidence of the obligations secured by this Agreement;
c. Notice of transactions which have occurred under or relating to or affecting this Agreement;
d. Notice of any adverse change in the condition, financial or otherwise, of any Loan Party, any change concerning any other collateral for the Loan, or of any other fact which might materially increase Pledgor’s risk, whether or not Lender has knowledge of the same;
e. Any right to require Lender to (i) proceed against any Loan Party by suit or otherwise, (ii) foreclose, proceed against, liquidate or exhaust any other collateral for the Loan, or (iii) exercise, pursue or enforce any right or remedy Lender may have against any Loan Party, any other collateral for the Loan, any guarantor, any other person or entity, or otherwise, prior to proceeding against Pledgor or the Collateral;
f. Any defense of any statute of limitations which may be asserted by any Loan Party;
g. Any defense that may arise by reason of the incapacity, lack of authority, death, disability, dissolution or termination of, involvement in any bankruptcy or reorganization proceeding by, or other similar occurrence or happening with respect to, any Loan Party or any successor in interest to any Loan Party;
h. Any and all rights of subrogation, contribution or indemnification against any Loan Party, now existing or hereafter arising or created unless and until the Obligations have been finally and irrevocably paid in full; or
i. Any right to receive any demand or any notice, including any notice of any Event of Default under the Loan Documents.
Waiver by Pledgor. Except as otherwise provided herein, to the full extent permitted by law, PLEDGOR waives presentment, demand, notice of default, notice of dishonor, notices of extensions or renewals relating to the Obligations, protest and all other forms of demand and notice of every kind and description which may be required to be given with respect to the Obligations and Collateral. PLEDGOR consents, with respect both to the Obligations and Collateral, to any extension or postponement of the time of payment or any other indulgence, to any substitution, exchange or release of Collateral, to the addition or release of any party or person primarily or secondarily liable, to the acceptance of partial payments thereon and the settlement, compromise or adjustment thereof, all in such manner and at such time or times as SECURED PARTY may deem advisable, at its sole discretion. SECURED PARTY shall have no duty as to the preservation of rights against prior parties.
Waiver by Pledgor. The Pledgor hereby waives presentment, notice of dishonor, and protest of all instruments included in or evidencing any of the Obligations or the Collateral, and any and all other notices and demands whatsoever (except as expressly provided herein or in the Indenture or for notices required in connection with judicial proceedings).
Waiver by Pledgor. Pledgor hereby waives any right to require Secured Party to proceed against Antrim or any other person whomsoever, to proceed against or exhaust any other collateral or any other security held by Secured Party, or to pursue any other remedy available to Secured Party.
Waiver by Pledgor. The Pledgor waives (to the extent permitted ----------------- by applicable law) any right to require any Secured Party or any other obligee of the Obligations to (a) proceed against any Person or entity, (b) proceed against or exhaust any collateral, or (c) pursue any other remedy in its power; and waives (to the extent permitted by applicable law) any defense arising by reason of any disability or other defense of any other Person, or by reason of the cessation from any cause whatsoever of the liability of any other Person or entity. The Agent may at any time deliver (without representation, recourse or warranty) the Collateral or any part thereof to the Pledgor and the receipt thereof by the Pledgor shall be a complete and full acquittance for the Collateral so delivered, and the Secured Parties shall thereafter be discharged from any liability or responsibility therefor.
