Common use of Waiver of Certain Laws Clause in Contracts

Waiver of Certain Laws. To the extent permitted by applicable law, Borrower hereby agrees to waive, and does hereby absolutely and irrevocably waive and relinquish, the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any court, on any claim for interest on the Note, or to any security interest or other Lien contemplated by or granted under or in connection with this Agreement or the Indebtedness.

Appears in 6 contracts

Samples: Credit Agreement (Tandy Brands Accessories Inc), Credit Agreement (Tandy Brands Accessories Inc), Loan Agreement (Stratus Properties Inc)

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Waiver of Certain Laws. To the extent permitted by applicable law, Borrower Borrowers hereby agrees agree to waive, and does do hereby absolutely and irrevocably waive and relinquish, the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any court, on any claim for interest on the Note, or to any security interest or other Lien contemplated by or granted under or in connection with this Agreement or the Indebtedness.

Appears in 4 contracts

Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc)

Waiver of Certain Laws. To the extent permitted by applicable law, Borrower hereby agrees to waive, and does hereby absolutely and irrevocably waive and relinquish, the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any court, on any claim for interest on the NoteNotes, or to any security interest or other Lien contemplated by or granted under or in connection with this Agreement or the Indebtedness.

Appears in 4 contracts

Samples: Credit Agreement (Copano Energy, L.L.C.), Credit Agreement (Copano Energy, L.L.C.), Credit Agreement (Englobal Corp)

Waiver of Certain Laws. To the extent permitted by applicable law, Borrower hereby agrees to waive, and does hereby absolutely and irrevocably waive and relinquish, the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any court, on any claim for interest on the NoteNotes, or to any security interest or other Lien mortgage contemplated by or granted under or in connection with this Agreement or the Indebtedness.

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (Com21 Inc), Revolving Credit and Security Agreement (Avanex Corp), Revolving Credit and Security Agreement (Avanex Corp)

Waiver of Certain Laws. To the extent permitted by applicable law, ---- ---------------------- Borrower hereby agrees to waive, and does hereby absolutely and irrevocably waive and relinquish, the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any court, on any claim for interest on the NoteNotes, or to any security interest or other Lien mortgage contemplated by or granted under or in connection with this Agreement or the Indebtedness.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement, Revolving Credit and Security Agreement (Ikos Systems Inc)

Waiver of Certain Laws. To the extent permitted by applicable law, Borrower hereby agrees to waive, and does hereby absolutely and irrevocably waive and relinquish, the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any courtCourt, on oil any claim for interest on oil the NoteNotes, or to any security interest or other Lien contemplated by or granted under or in connection with this Agreement or the Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Asd Systems Inc)

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Waiver of Certain Laws. To the extent permitted by applicable law, Borrower hereby agrees to waive, and does hereby absolutely and irrevocably waive and relinquish, the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any court, on any claim for interest on the Note, or to any security interest or other Lien contemplated by or granted under or in connection with this Agreement or the Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Digitalconvergence Com Inc)

Waiver of Certain Laws. To the extent permitted by applicable law, Borrower Borrowers hereby agrees agree to waive, and does do hereby absolutely and irrevocably waive and relinquish, the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any court, on any claim for interest on the NoteNotes, or to any security interest or other Lien contemplated by or granted under or in connection with this Agreement or the Indebtedness.

Appears in 1 contract

Samples: Loan Agreement (Stratus Properties Inc)

Waiver of Certain Laws. To the extent permitted by applicable law, each Borrower hereby agrees to waive, and does hereby absolutely and irrevocably waive and relinquish, the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any court, on any claim for interest on the NoteNotes, or to any security interest or other Lien contemplated by or granted under or in connection with this Agreement or the Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Sterling Construction Co Inc)

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