Waiver of Bond. In the event Secured Party seeks to take possession of any or all of the Collateral by judicial process, Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 34 contracts
Samples: Security Agreement (Sielox Inc), Security Agreement (Forum Oilfield Technologies Inc), Security Agreement (Remote Knowledge Inc)
Waiver of Bond. In the event the Secured Party seeks to take possession of any or all of the Collateral by judicial process, the Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 8 contracts
Samples: Asset Purchase Agreement (Micro Asi Inc), Security Agreement (Veritas DGC Inc), Security Agreement (MGC Communications Inc)
Waiver of Bond. In the event Secured Party seeks to take -------------- possession of any or all of the Collateral by judicial process, Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 6 contracts
Samples: Pledge and Security Agreement (Renaissance Worldwide Inc), Security Agreement (Cais Internet Inc), Pledge and Security Agreement (Renaissance Worldwide Inc)
Waiver of Bond. In the event the Secured Party seeks to take possession of any or all of the Collateral by judicial process, each Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 6 contracts
Samples: Master Pledge Agreement (Fyi Inc), Security Agreement (Tufco Technologies Inc), Loan Agreement (Ods Networks Inc)
Waiver of Bond. In the event the Secured Party seeks to take possession of any or all of the Collateral by judicial process, Debtor the Debtors hereby irrevocably waives waive any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 4 contracts
Samples: Security Agreement (AG Mortgage Investment Trust, Inc.), Security Agreement (AG Mortgage Investment Trust, Inc.), Security Agreement (AG Mortgage Investment Trust, Inc.)
Waiver of Bond. In the event Secured Party seeks to take possession of any or all of the Collateral by judicial process, Debtor Debtors hereby irrevocably waives waive any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 2 contracts
Samples: Letter Agreement (Industrial Holdings Inc), Letter Agreement (Industrial Holdings Inc)
Waiver of Bond. In the event the Secured Party seeks to take possession of any or all of the Collateral by judicial process, Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 2 contracts
Samples: Pledge Agreement (Fyi Inc), Loan Agreement (Ods Networks Inc)
Waiver of Bond. In the event Secured Party seeks to take -------------- possession of any or all of the Collateral by judicial process, Debtor Debtors hereby irrevocably waives waive any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such Security Agreement (Second) possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 1 contract
Samples: Security Agreement (Mail Well Inc)
Waiver of Bond. In the event If Secured Party seeks to take possession of any or all of the Collateral by judicial process, then Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 1 contract
Samples: Stock Pledge Agreement (Craftmade International Inc)
Waiver of Bond. In the event the Secured Party seeks to take possession (either directly or through a Collateral Agent) of any or all of the Collateral by judicial process, the Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 1 contract
Samples: Security Agreement (ProsoftTraining)
Waiver of Bond. In the event Secured Party seeks to take possession of any or all of the Collateral by judicial process, Debtor each Grantor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 1 contract
Samples: Security and Pledge Agreement (HC Government Realty Trust, Inc.)
Waiver of Bond. In the event the Secured Party seeks to -------------- take possession of any or all of the Collateral by judicial process, the Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 1 contract
Waiver of Bond. In the event Secured Party seeks to take -------------- possession of any or all of the Collateral by judicial process, Debtor Debtors hereby irrevocably waives waive any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 1 contract
Samples: Security Agreement (Mail Well Inc)
Waiver of Bond. In the event Secured Party seeks to take possession of any or all of the Collateral by judicial process, Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 1 contract
Waiver of Bond. In the event Secured Party seeks to take possession of any or all of the Collateral by judicial process, each Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 1 contract
Samples: Pledge and Security Agreement (First Investors Financial Services Group Inc)
Waiver of Bond. In the event Secured Party seeks to take possession of any or all of the Collateral by judicial process, Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.as
Appears in 1 contract
Waiver of Bond. In the event the Secured Party seeks to take possession of any or all of the Collateral by judicial process, the Debtor hereby irrevocably waives any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives any demand for possession prior to the commencement of any such suit or action.
Appears in 1 contract
