Common use of Waiver of court actions Clause in Contracts

Waiver of court actions. the Borrower understands that, by effect of signing the Credit Facility Agreement, it remains entirely liable to the Bank for all direct and indirect consequences arising from the Financing Documents and the Guarantee Instruments issued by the Bank and accepted by the Borrower and renounces to any opposition, dispute, protest or action before a court of law in connection with the execution of the Guarantee Instruments upon request from the Beneficiary and also undertakes not to introduce court actions to request the Bank to comply, not comply or suspend payment obligations against the Beneficiary of the issued Guarantee Instruments;