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

Waiver of Appraisement, Valuation, Etc. To the full extent it may lawfully do so, the Company, for itself and for any other Person who may claim through or under it, hereby (a) agrees that neither it nor any such Person 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 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 the Deeds of Trust but to suffer and permit every such right or remedy as though no such laws were in effect, (c) consents and agrees that the Property and the Collateral may be sold by the Secured Party as an entirety or in parts and (d) agrees that it will neither claim, demand or otherwise be entitled to any credit against or deduction from the principal of or premium, if any, or interest on the Mortgage Notes or any other sums which may become payable under the terms of this Security Agreement or the Deeds of Trust by reason of the payment of any tax, assessment or other municipal or governmental charge or imposition on or relating 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 this 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 it that the Borrower may lawfully do so, the CompanyBorrower, 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 will 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 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 the Deeds of Trust any New Hancock Loan Document but to suffer and permit every such right or remedy righx xx xxmedy as though no such laws Laws were in effect, (c) consents and agrees that the Property and the Collateral may be sold by the Secured Party Lender as an entirety or in parts and (d) agrees that it will the Borrower shall neither claim, demand or otherwise be entitled to any credit against or deduction from the principal of or premiumprincipal, the Make Whole Amount, if any, or the interest on the Mortgage Notes New Hancock Note or any other sums which may become payable under xxx xxxms of the terms of this Security Agreement or the Deeds of Trust New Hancock Loan by reason of the payment of any tax, assessment or other ox xxxxx municipal or the governmental charge or imposition on (or relating to the Property or to) 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 this Security Agreement, the Deeds of Trust or the Mortgage Notesany New Hancock Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Cadiz Land Co Inc)

Waiver of Appraisement, Valuation, Etc. To the full extent it may lawfully do so, the Company, for itself and for any other Person who may claim through or under it, hereby (a) agrees that neither it nor any such Person 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 Property or any part thereof or any interest therein, (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 herein, in the Security Agreements or in the Deeds of Trust but to suffer and permit every such right or remedy as though no such laws were in effect, (c) consents and agrees that the Property and the Collateral may be sold by the Secured Party Noteholders as an entirety or in parts and (d) agrees that it will neither claim, demand or otherwise be entitled to any credit against or deduction from the principal of or premiumMake-Whole Amount, if any, or interest on the Mortgage Notes or any other sums which may become payable under the terms of this Security Agreement or the Deeds of Trust any other Debt Documents by reason of the payment of any tax, assessment or other municipal or governmental charge or imposition on or relating 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 this Security Agreement, the Deeds of Trust Agreement or the Mortgage Notesany other Debt Document.

Appears in 1 contract

Samples: Note Purchase Agreement (Unified Western Grocers Inc)

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Waiver of Appraisement, Valuation, Etc. To the full extent it may lawfully do so, the Company, for itself and for any other Person who may claim through or under it, hereby (a) agrees that neither it nor any such Person will 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 Collateral Mortgaged Property or any part thereof or any interest therein, (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 herein, in the Security Agreement or in the Deeds of Trust but to suffer and permit every such right or remedy as though no such laws were in effect, (c) consents and agrees that the Real Property and the Personal Property Collateral may be sold by the Secured Party Mortgage Noteholders as an entirety or in parts and (d) agrees that it will shall neither claim, demand or otherwise be entitled to any credit against or deduction from the principal of or premium, if any, or interest on the Mortgage Notes or any other sums which may become payable under the terms of this Securities Purchase Agreement, the Security Agreement or the Deeds of Trust by reason of the payment of any tax, assessment or other municipal or governmental charge or imposition on or relating 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 this 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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