Waiver of Bond. In the event the Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors hereby irrevocably 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 23 contracts
Samples: Credit Agreement (Rent the Runway, Inc.), Credit Agreement (Accolade, Inc.), Credit Agreement (Accolade, Inc.)
Waiver of Bond. In the event the Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors Debtor hereby irrevocably waive 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 10 contracts
Samples: Security Agreement (Multimedia Games Inc), Revolving Credit Agreement (Quanex Corp), Security Agreement (Nelnet Inc)
Waiver of Bond. In the event the Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors each Debtor hereby irrevocably waive 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: Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Marine Products, Inc.), Credit Agreement (Trinity Industries Inc)
Waiver of Bond. In the event the Collateral Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors each Debtor hereby irrevocably waive 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 4 contracts
Samples: Security Agreement (Credit Acceptance Corp), Security Agreement, Security Agreement (Credit Acceptance Corporation)
Waiver of Bond. In the event the Agent seeks to take -------------- possession of any or all of the Collateral by judicial process, the Debtors each Debtor hereby irrevocably waive 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 3 contracts
Samples: Credit Agreement (Cellstar Corp), Guarantor Security Agreement (Cellstar Corp), Credit Agreement (Cellstar Corp)
Waiver of Bond. In the event the Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors Debtor hereby irrevocably waive 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: Credit Agreement (Noble International, Ltd.), Credit Agreement (Noble International, Ltd.)
Waiver of Bond. In the event the Collateral Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors Debtor hereby irrevocably waive 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: Security Agreement (Credit Acceptance Corporation), Security Agreement (Credit Acceptance Corporation)
Waiver of Bond. In the event the Administrative Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors Debtor hereby irrevocably waive 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: Borrower Security Agreement (Prime Medical Services Inc /Tx/), Guarantor Security Agreement (Prime Medical Services Inc /Tx/)
Waiver of Bond. In the event the Collateral Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors each Debtor hereby irrevocably waive 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: Security Agreement (Spartech Corp), Security Agreement (Spartech Corp)
Waiver of Bond. In the event the Agent seeks to take -------------- possession of any or all of the Collateral by judicial process, the Debtors Debtor hereby irrevocably waive 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: Credit Agreement (Cellstar Corp), Credit Agreement (Cellstar Corp)
Waiver of Bond. In the event the Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors hereby irrevocably waive (to the extent permitted by applicable law) any bonds and any surety or security relating thereto that may be required by applicable law as an incident to such possession, and waives (to the extent permitted by applicable law) any demand for possession prior to the commencement of any such suit or action.
Appears in 2 contracts
Samples: Credit Agreement (Sterling Construction Co Inc), Security Agreement (Sterling Construction Co Inc)
Waiver of Bond. In the event the Collateral Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors Debtor hereby irrevocably waive 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.any
Appears in 1 contract
Waiver of Bond. In the event the Administrative Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors each Debtor hereby irrevocably waive 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: Credit Agreement (Alon Brands, Inc.)
Waiver of Bond. In the event the Collateral Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors hereby irrevocably 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 and Collateral Agency Agreement (AG Mortgage Investment Trust, Inc.)
Waiver of Bond. In the event the Collateral Agent seeks -------------- to take possession of any or all of the Collateral by judicial process, the Debtors each Debtor hereby irrevocably waive 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: Credit Agreement (Global Industrial Technologies Inc)
Waiver of Bond. In the event the Administrative Agent seeks to take possession of any or all of the Pledged Collateral by judicial process, the Debtors each Debtor hereby irrevocably waive 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 the Administrative Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors Borrower hereby irrevocably waive 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: Borrower Security Agreement (Prime Medical Services Inc /Tx/)
Waiver of Bond. In the event the Agent seeks to take possession of any or all of the Collateral by judicial process, the Debtors hereby irrevocably 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: Revolving Credit and Term Loan Agreement (Neophotonics Corp)
Waiver of Bond. In the event the Collateral Agent seeks to take possession -------------- takepossession of any or all of the Collateral by judicial process, the Debtors Debtor hereby irrevocably waive 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: Credit Agreement (Global Industrial Technologies Inc)
