Common use of Waiver of Demand Clause in Contracts

Waiver of Demand. DEMAND, PRESENTMENT, PROTEST AND NOTICE OF DEMAND, PRESENTMENT, PROTEST, NONPAYMENT, INTENT TO ACCELERATE AND ACCELERATION ARE HEREBY WAIVED BY THE BORROWER. THE BORROWER ALSO WAIVES THE BENEFIT OF ALL VALUATION, APPRAISAL AND EXEMPTION LAWS.

Appears in 2 contracts

Samples: Loan and Security Agreement (Plainwell Inc), Loan and Security Agreement (Brothers Gourmet Coffees Inc)

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Waiver of Demand. DEMAND, PRESENTMENT, PROTEST AND NOTICE OF DEMAND, PRESENTMENT, PROTEST, NONPAYMENT, INTENT TO ACCELERATE PROTEST AND ACCELERATION NONPAYMENT ARE HEREBY WAIVED BY THE BORROWER. THE BORROWER ALSO WAIVES THE BENEFIT OF ALL VALUATION, APPRAISAL AND EXEMPTION LAWSLAWS TO THE EXTENT PERMITTED BY LAW.

Appears in 1 contract

Samples: Revolving Credit Facility and Security Agreement (LCC International Inc)

Waiver of Demand. DEMAND, PRESENTMENT, PROTEST AND NOTICE OF DEMAND, PRESENTMENT, PROTEST, NONPAYMENT, INTENT TO ACCELERATE PROTEST AND ACCELERATION NONPAYMENT ARE HEREBY WAIVED TO THE EXTENT PERMITTED BY LAW BY THE BORROWER. THE BORROWER ALSO WAIVES THE BENEFIT OF ALL VALUATION, APPRAISAL AND EXEMPTION LAWSLAWS TO THE EXTENT PERMITTED BY LAW.

Appears in 1 contract

Samples: Equipment Financing Agreement (Nii Holdings Inc)

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Waiver of Demand. DEMAND, PRESENTMENT, PROTEST AND NOTICE OF DEMAND, PRESENTMENT, PROTEST, NONPAYMENT, INTENT TO ACCELERATE PROTEST AND ACCELERATION NONPAYMENT ARE HEREBY WAIVED BY THE BORROWER. THE BORROWER ALSO WAIVES THE BENEFIT OF ALL VALUATION, APPRAISAL AND EXEMPTION LAWS.

Appears in 1 contract

Samples: Financing Agreement (Vanguard Car Rental Group Inc.)

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