Common use of Waiver of Demand Clause in Contracts

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, the benefit of all valuation, appraisal and exemption laws.

Appears in 26 contracts

Samples: Loan Agreement, Loan Agreement (BrightSource Energy Inc), Loan Agreement (KBS Real Estate Investment Trust II, Inc.)

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Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by the Borrower. The Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 21 contracts

Samples: Term Loan and Security Agreement (Strawberry Fields REIT, Inc.), Term Loan and Security Agreement (Strawberry Fields REIT, Inc.), Term Loan and Security Agreement (Strawberry Fields REIT, Inc.)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, the benefit of all valuation, appraisal and exemption laws.

Appears in 12 contracts

Samples: Formation, Contribution and Investment Agreement (MSG Spinco, Inc.), Formation, Contribution and Investment Agreement (Madison Square Garden Co), Credit Agreement (Manufactured Home Communities Inc)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 9 contracts

Samples: Credit Agreement (Midland States Bancorp, Inc.), Loan and Security Agreement (ExamWorks Group, Inc.), Loan and Security Agreement (ExamWorks Group, Inc.)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, the benefit of all valuation, appraisal and exemption laws.

Appears in 8 contracts

Samples: Credit Agreement (Chelsea Property Group Inc), Credit Agreement (CPG Partners Lp), Term Loan Agreement (Chelsea Property Group Inc)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by each Borrower. Each Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 6 contracts

Samples: Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by the Borrower. Borrower also waives, to the extent permitted by law, the benefit of all valuation, appraisal and exemption lawsexcept as otherwise expressly provided herein.

Appears in 4 contracts

Samples: Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrowerthe Borrowers. Each Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 3 contracts

Samples: Loan and Security Agreement (Abc Rail Products Corp), Loan and Security Agreement (Abc Rail Products Corp), Loan and Security Agreement (Abc Rail Products Corp)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are is hereby waived by BorrowerDebtor. Borrower Debtor also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal appraisement and exemption laws.

Appears in 3 contracts

Samples: Security Agreement (Accumed International Inc), Security Agreement (Accumed International Inc), Security Agreement (Accumed International Inc)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by the Borrower. The Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 3 contracts

Samples: Loan and Security Agreement (Louisville Gas & Electric Co /Ky/), Loan and Security Agreement (Louisville Gas & Electric Co /Ky/), Loan and Security Agreement (Pemstar Inc)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by BorrowerObligors. Borrower Each Obligor also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 2 contracts

Samples: Loan Agreement (Cohen & Co Inc.), Loan Agreement (Cohen & Co Inc.)

Waiver of Demand. DemandExcept to the extent otherwise expressly provided herein, demand, presentment, protest and notice of nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, the benefit of all valuation, appraisal and exemption laws.

Appears in 2 contracts

Samples: Credit Agreement (Spieker Properties Inc), Credit Agreement (Spieker Properties Inc)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by lawlxx, the xxx benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Revolving Credit Agreement (Arden Realty Inc)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrowereach Debtor. Borrower Each Debtor also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Security Agreement (Allied Digital Technologies Corp)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption lawslaws to the extent permitted by applicable law.

Appears in 1 contract

Samples: Loan and Security Agreement (GST Telecommunications Inc)

Waiver of Demand. Demand, presentment, protest and notice ---------------- of nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Credit Agreement (Smith Charles E Residential Realty Inc)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption lawsLaws.

Appears in 1 contract

Samples: Mezzanine Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

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Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by the Borrower. Borrower also waives, to the extent permitted by law, the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Loan and Security Agreement (Louisville Gas & Electric Co /Ky/)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by BorrowerDebtor. Borrower Debtor also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Security Agreement (Fundex Games LTD)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by Borrowereach of the Borrowers. Borrower also waives, to To the extent permitted by lawLaw, each of the Borrowers also waives the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Loan Agreement (Fine Host Corp)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by each Borrower. Each Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption lawsLaws.

Appears in 1 contract

Samples: Subordinated Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

Waiver of Demand. Demand, presentment, protest and notice of ---------------- nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Loan and Security Agreement (Horizon Organic Holding Corp)

Waiver of Demand. Demand, presentment, protest and notice of ---------------- nonpayment are hereby waived by Borrower. Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Loan and Security Agreement (Visual Numerics Inc)

Waiver of Demand. DemandThe Borrower hereby waives demand, presentment, protest and notice of nonpayment are hereby waived by Borrowernonpayment. The Borrower also waives, to the extent permitted by law, waives the benefit of all laws pertaining to or otherwise concerning any valuation, appraisal and exemption lawsof their property.

Appears in 1 contract

Samples: Credit and Security Agreement (Delta Galil Industries LTD)

Waiver of Demand. Demand, presentment, protest protest, notice of protest, and notice of nonpayment are hereby waived by the Borrower. The Borrower also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Credit Agreement (Tower Tech Inc)

Waiver of Demand. Demand, presentment, protest and notice of nonpayment are hereby waived by BorrowerBorrower and Parent. Borrower and Parent also waives, to the extent permitted by law, waive the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Loan Agreement (BankFinancial CORP)

Waiver of Demand. DemandExcept as otherwise provided in the Note, demand, presentment, protest and notice of nonpayment are is hereby waived by BorrowerDebtor. Borrower Debtor also waives, to the extent permitted by law, waives the benefit of all valuation, appraisal and exemption laws.

Appears in 1 contract

Samples: Security Agreement (Accumed International Inc)

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