Common use of Waiver of Acceptance Clause in Contracts

Waiver of Acceptance. This --------------------------------------------------- Agreement shall be governed by and construed in accordance with the laws of the State of Virginia without regard to conflicts of laws principles thereof. This Agreement shall bind Guarantor, it successors and assigns (but in the event of an assignment, Guarantor shall not be relieved of its obligations hereunder), and shall inure to the benefit of Landlord, its successors and assigns. Guarantor hereby waives any acceptance of this Agreement by Landlord and this Agreement shall immediately be binding upon Guarantor.

Appears in 6 contracts

Samples: Lease Agreement (Capital Automotive Reit), Guaranty and Subordination Agreement (Capital Automotive Reit), Guaranty Agreement (Capital Automotive Reit)

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Waiver of Acceptance. This --------------------------------------------------- Agreement shall be governed by and construed in accordance with the laws of the State of Virginia without regard to conflicts of laws principles thereof. This Agreement shall bind Guarantor, it successors and assigns (but in the event of an assignment, Guarantor shall not be relieved of its obligations hereunder), and shall inure to the benefit of Landlord, its successors and assigns. Guarantor hereby waives any acceptance of this Agreement by Landlord and this Agreement shall immediately be binding upon Guarantor.

Appears in 2 contracts

Samples: Agreement for Contribution of Interests (Capital Automotive Reit), Guaranty and Subordination Agreement (Cross Continent Auto Retailers Inc M&l)

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Waiver of Acceptance. This --------------------------------------------------- Agreement shall be governed by and construed in accordance with the laws of the State Commonwealth of Virginia without regard to conflicts of laws principles thereof. This Agreement shall bind GuarantorGuarantors, it their successors and assigns (but in the event of an assignment, Guarantor Guarantors shall not be relieved of its their obligations hereunder), and shall inure to the benefit of Landlord, its successors and assigns. Guarantor Guarantors hereby waives waive any acceptance of this Agreement by Landlord and this Agreement shall immediately be binding upon GuarantorGuarantors.

Appears in 1 contract

Samples: Real Property Purchase and Contribution Agreement (Capital Automotive Reit)

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