Common use of Waiver of Appraisement, Valuation, Etc Clause in Contracts

Waiver of Appraisement, Valuation, Etc. To the full extent that the Borrower may lawfully do so, the Borrower, for itself and for any other Person who or which may claim through or under it, hereby (a) agrees that neither it nor any such Person shall set up, plead, claim or in any manner whatsoever take advantage of, any appraisal, valuation, stay, moratorium, extension or redemption laws, now or hereafter in force, (b) waives all benefit or advantage of any such Laws and waives and releases any and all such rights and covenants not to hinder, delay or impede the exercise of any right or remedy permitted herein or in any New Hancock Loan Document but to suffer and permit every such righx xx xxmedy as though no such Laws were in effect, (c) consents and agrees that the Collateral may be sold by the Lender as an entirety or in parts and (d) agrees that the Borrower shall neither claim, demand or otherwise be entitled to any credit against or deduction from the principal, the Make Whole Amount, if any, or the interest on the New Hancock Note or any other sums which may become payable under xxx xxxms of the New Hancock Loan by reason of the payment of any tax, assessment ox xxxxx municipal or the governmental charge or imposition on (or relating to) the Collateral or any part thereof, nor claim or otherwise be entitled to any deduction from the taxable or assessed value of the Collateral or any part thereof by reason of any New Hancock Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Cadiz Land Co Inc)

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Waiver of Appraisement, Valuation, Etc. To the full extent that the Borrower it may lawfully do so, the BorrowerCompany, for itself and for any other Person who or which may claim through or under it, hereby (a) agrees that neither it nor any such Person shall will set up, plead, claim or in any manner whatsoever take advantage of, any appraisal, valuation, stay, moratorium, extension or redemption laws, now or hereafter in force, or any rights of marshalling in the event of any sale of the Property or any part thereof or any interest therein, (b) waives all benefit or advantage of any such Laws laws and waives and releases any and all such rights and covenants not to hinder, delay or impede the exercise of any right or remedy permitted herein herein, in the Security Agreements or in any New Hancock Loan Document the Deeds of Trust but to suffer and permit every such righx xx xxmedy right or remedy as though no such Laws laws were in effect, (c) consents and agrees that the Collateral Property may be sold by the Lender Noteholders as an entirety or in parts and (d) agrees that the Borrower shall it will neither claim, demand or otherwise be entitled to any credit against or deduction from the principal, the Make principal of or Make-Whole Amount, if any, or the interest on the New Hancock Note Notes or any other sums which may become payable under xxx xxxms the terms of the New Hancock Loan this Agreement or any other Debt Documents by reason of the payment of any tax, assessment ox xxxxx or other municipal or the governmental charge or imposition on (or relating to) to the Collateral Property or any part thereof, nor claim or otherwise be entitled to any deduction from the taxable or assessed value of the Collateral Property or any part thereof by reason of this Agreement or any New Hancock Loan other Debt Document.

Appears in 1 contract

Samples: Note Purchase Agreement (Unified Western Grocers Inc)

Waiver of Appraisement, Valuation, Etc. To the full extent that the Borrower it may lawfully do so, the BorrowerCompany, for itself and for any other Person who or which may claim through or under it, hereby (a) agrees that neither it nor any such Person shall will set up, plead, claim or in any manner whatsoever take advantage of, any appraisal, valuation, stay, moratorium, extension or redemption laws, now or hereafter in force, or any rights of marshalling in the event of any sale of the Collateral or any part thereof or any interest therein, (b) waives all benefit or advantage of any such Laws laws and waives and releases any and all such rights and covenants not to hinder, delay or impede the exercise of any right or remedy permitted herein or in any New Hancock Loan Document the Deeds of Trust but to suffer and permit every such righx xx xxmedy right or remedy as though no such Laws laws were in effect, (c) consents and agrees that the Property and the Collateral may be sold by the Lender Secured Party as an entirety or in parts and (d) agrees that the Borrower shall it will neither claim, demand or otherwise be entitled to any credit against or deduction from the principal, the Make Whole Amountprincipal of or premium, if any, or the interest on the New Hancock Note Mortgage Notes or any other sums which may become payable under xxx xxxms the terms of this Security Agreement or the New Hancock Loan Deeds of Trust by reason of the payment of any tax, assessment ox xxxxx or other municipal or the governmental charge or imposition on (or relating to) to the Property or the Collateral or any part thereof, nor claim or otherwise be entitled to any deduction from the taxable or assessed value of the Property or the Collateral or any part thereof by reason of any New Hancock Loan Documentthis Security Agreement, the Deeds of Trust or the Mortgage Notes.

Appears in 1 contract

Samples: Security Agreement (Golden State Vintners Inc)

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Waiver of Appraisement, Valuation, Etc. To the full extent that the Borrower it may lawfully do so, the BorrowerCompany, for itself and for any other Person who or which may claim through or under it, hereby (a) agrees that neither it nor any such Person shall set up, plead, claim or in any manner whatsoever take advantage of, any appraisal, valuation, stay, moratorium, extension or redemption laws, now or hereafter in force, or any rights of marshalling in the event of any sale of the Mortgaged Property or any part thereof or any interest therein, (b) waives all benefit or advantage of any such Laws laws and waives and releases any and all such rights and covenants not to hinder, delay or impede the exercise of any right or remedy permitted herein herein, in the Security Agreement or in any New Hancock Loan Document the Deeds of Trust but to suffer and permit every such righx xx xxmedy right or remedy as though no such Laws laws were in effect, (c) consents and agrees that the Real Property and the Personal Property Collateral may be sold by the Lender Mortgage Noteholders as an entirety or in parts and (d) agrees that the Borrower it shall neither claim, demand or otherwise be entitled to any credit against or deduction from the principal, the Make Whole Amountprincipal of or premium, if any, or the interest on the New Hancock Note Mortgage Notes or any other sums which may become payable under xxx xxxms the terms of this Securities Purchase Agreement, the New Hancock Loan Security Agreement or the Deeds of Trust by reason of the payment of any tax, assessment ox xxxxx or other municipal or the governmental charge or imposition on (or relating to) to the Property or the Personal Property Collateral or any part thereof, nor claim or otherwise be entitled to any deduction from the taxable or assessed value of the Real Property or the Personal Property Collateral or any part thereof by reason of any New Hancock Loan Documentthis Securities Purchase Agreement, the Security Agreement, the Deeds of Trust or the Mortgage Notes.

Appears in 1 contract

Samples: Securities Purchase Agreement (Golden State Vintners Inc)

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