Waiver of Notices, Claims and Prior Action. Cañuelas Pack hereby waives to the fullest extent permitted by any applicable law: (a) notice of acceptance of the Guarantee; (b) notice of the creation, extension or accrual of any of the Guaranteed Obligations; (c) notice of presentment, demand, dishonor, non-payment, protest, or other default with respect to any of the Guaranteed Obligations; (d) notice of any other nature whatsoever to any Person (including Cañuelas Pack and any other guarantor); (e) any requirement that IFC take any action whatsoever against the Borrower or any other Person (including Cañuelas Pack or any other guarantor) or file any claim in the event of the bankruptcy of the Borrower, Cañuelas Pack or any other Person; and (f) any claims based on IFC’s failure to protect, perfect, preserve, or resort to the IFC Security or any other collateral securing the Guaranteed Obligations.
Appears in 2 contracts
Samples: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)
Waiver of Notices, Claims and Prior Action. Cañuelas Pack The Subsidiary Guarantor hereby waives to the fullest extent permitted by any applicable law:
(a) notice of acceptance of the Guarantee;
(b) notice of the creation, extension or accrual of any of the Guaranteed Obligations;
(c) notice of presentment, demand, dishonor, non-payment, protest, or other default with respect to any of the Guaranteed Obligations;
(d) notice of any other nature whatsoever to any Person (including Cañuelas Pack the Subsidiary Guarantor and any other guarantor);
(e) any requirement that IFC take any action whatsoever against the Borrower or any other Person (including Cañuelas Pack the Subsidiary Guarantor or any other guarantor) or file any claim in the event of the bankruptcy of the Borrower, Cañuelas Pack Subsidiary Guarantor or any other Person; and
(f) any claims based on IFC’s IFCs failure to protect, perfect, preserve, or resort to the IFC Security or any other collateral securing the Guaranteed Obligations.
Appears in 2 contracts
Samples: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)
Waiver of Notices, Claims and Prior Action. Cañuelas Pack The Guarantor hereby waives to the fullest extent permitted by any applicable law:
(a) notice of acceptance of the Guarantee;
(b) notice of the creation, extension or accrual of any of the Guaranteed Obligations;
(c) notice of presentment, demand, dishonor, non-payment, protest, or other default with respect to any of the Guaranteed Obligations;
(d) notice of any other nature whatsoever to any Person (including Cañuelas Pack the Guarantor and any other guarantor);
(e) any requirement that IFC take any action whatsoever against the Borrower or any other Person (including Cañuelas Pack the Guarantor or any other guarantor) or file any claim in the event of the bankruptcy of the Borrower, Cañuelas Pack Guarantor or any other Person; and
(f) any claims based on IFC’s failure to protect, perfect, preserve, or resort to the IFC Security or any other collateral securing the Guaranteed Obligations.
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