Common use of Waiver of Certain Defenses Clause in Contracts

Waiver of Certain Defenses. Guarantor waives any defense arising by reason of any disability or other defense of Debtor, or the cessation from any cause whatsoever of the liability of Debtor, or any claim that Guarantor's obligations exceed or are more burdensome than those of Debtor, including any of the foregoing arising by virtue of any provision of the U.S. Bankruptcy Code (Title 11, U.S. Code) (the "Bankruptcy Code").

Waiver of Certain Defenses. Guarantor waives Guarantors waive any defense arising by reason of any disability or other defense of DebtorBuyer, or the cessation from any cause whatsoever of the liability of DebtorBuyer other than final payment in full of all Obligations, whether consensual or arising by operation of law or any bankruptcy, conservatorship, receivership, insolvency or debtor relief proceeding, or from any other cause, or any claim that Guarantor's Guarantors' obligations exceed or are more burdensome than those of Debtor, including any of Buyer either individually or in the foregoing arising by virtue of any provision of the U.S. Bankruptcy Code (Title 11, U.S. Code) (the "Bankruptcy Code")aggregate.