Common use of Waiver of Presentment and Other Conditions Clause in Contracts

Waiver of Presentment and Other Conditions. The Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any Canadian Revolving Lender in respect of a Bankers’ Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the Bankers’ Acceptance being held, at the maturity thereof, by such Canadian Revolving Lender in its own right and the Canadian Borrower agrees not to claim any days of grace if the Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 3 contracts

Samples: Option Credit Agreement (Linens N Things Inc), Credit Agreement (Linens N Things Inc), Credit Agreement (Linens N Things Inc)

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Waiver of Presentment and Other Conditions. The Each Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any the Canadian Revolving Lender in respect of a Bankers’ Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the Bankers’ Acceptance being held, at the maturity thereof, by such the Canadian Revolving Lender in its own right and the each Canadian Borrower agrees not to claim any days of grace if the Canadian Revolving Lender Lenders as holder sues or otherwise commences legal proceedings against the each Canadian Borrower on the Bankers’ Acceptance for payment of the amount payable by the such Canadian Borrower thereunder.

Appears in 3 contracts

Samples: Credit Agreement (Macquarie Infrastructure Corp), Revolving Credit Agreement (Macquarie Infrastructure CO LLC), Revolving Credit Agreement (Macquarie Infrastructure CO LLC)

Waiver of Presentment and Other Conditions. The To the extent permitted by applicable law, the Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any a Canadian Revolving Lender in respect of a Bankers' Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the such Bankers' Acceptance being held, at the maturity thereof, by such Canadian Revolving Lender in its own right right, and the Canadian Borrower agrees not to claim any days of grace if the such Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance ' Acceptances for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Viasystems Group Inc), Credit Agreement (Iron Mountain Inc/Pa)

Waiver of Presentment and Other Conditions. The Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any Canadian Revolving Lender in respect of a Bankers’ Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the Bankers’ Acceptance being held, at the maturity thereof, by such Canadian Revolving Lender in its own right and the Canadian Borrower agrees not to claim any days of grace if the Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 2 contracts

Samples: Credit Agreement (SGS International, Inc.), Credit Agreement (Southern Graphic Systems, Inc.)

Waiver of Presentment and Other Conditions. The Canadian applicable Borrower waives presentment for payment and any other defense to payment of any amounts due to any a Canadian Term Loan Lender or a Revolving Credit Lender making Revolving Credit Loans denominated in Canadian Dollars in respect of a Bankers’ Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the Bankers’ Acceptance being held, at the maturity thereof, by such Canadian Revolving the Lender in its own right and the Canadian such Borrower agrees not to claim any days of grace if the Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian such Borrower on the Bankers’ Acceptance for payment of the amount payable by the Canadian such Borrower thereunder.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (Waste Services, Inc.), Credit Agreement (Waste Services, Inc.)

Waiver of Presentment and Other Conditions. The To the extent ------------------------------------------ permitted by applicable law, the Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any Canadian Revolving a C$ Lender in respect of a Bankers' Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the such Bankers' Acceptance being held, at the maturity thereof, by such Canadian Revolving C$ Lender in its own right right, and the Canadian Borrower agrees not to claim any days of grace if the Canadian Revolving such C$ Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance ' Acceptances for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Pierce Leahy Corp), Credit Agreement (Pierce Leahy Corp)

Waiver of Presentment and Other Conditions. The To the extent permitted by applicable law, the Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any Canadian Revolving a C$ Lender in respect of a Bankers' Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the such Bankers' Acceptance being held, at the maturity thereof, by such Canadian Revolving C$ Lender in its own right right, and the Canadian Borrower agrees not to claim any days of grace if the Canadian Revolving such C$ Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance ' Acceptances for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Outdoor Systems Inc), Outdoor Systems Inc

Waiver of Presentment and Other Conditions. The Canadian Borrower waives demand, presentment for payment payment, protest, noting of protest, dishonor, noting of dishonor and any other defense to payment of any amounts due to any a Canadian Revolving Lender in respect of a Bankers' Acceptance accepted and purchased by it such Canadian Lender pursuant to this Agreement Agreement, including merger, which might exist solely by reason of the such Bankers' Acceptance being held, at the maturity thereof, by such Canadian Revolving Lender in its own right right, and the Canadian Borrower agrees not to claim any days of grace if the such Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance ' Acceptances for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 1 contract

Samples: Credit Agreement (International Multifoods Corp)

Waiver of Presentment and Other Conditions. The To the extent permitted by applicable law, the Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any the Canadian Revolving Fronting Lender in respect of a Bankers’ Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the such Bankers’ Acceptance being held, at the maturity thereof, by such the Canadian Revolving Fronting Lender in its own right right, and the Canadian Borrower agrees not to claim any days of grace if the such Canadian Revolving Fronting Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance Acceptances for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 1 contract

Samples: Credit Agreement (Jostens Inc)

Waiver of Presentment and Other Conditions. The Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any a Canadian Revolving Lender in respect of a Bankers’ Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the Bankers’ Acceptance being held, at the maturity thereof, by such the Canadian Revolving Lender in its own right and the Canadian Borrower agrees not to claim any days of grace if the such Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 1 contract

Samples: Credit Agreement (Cedar Fair L P)

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Waiver of Presentment and Other Conditions. The To the extent permitted by applicable law, the Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any Canadian Revolving Lender in respect of a any Bankers' Acceptance accepted and purchased by it pursuant to this Agreement which that might exist solely by reason of the such Bankers' Acceptance being held, at the maturity thereof, by such Canadian Revolving Lender in its own right right, and the Canadian Borrower agrees not to claim any days of grace if the such Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance ' Acceptances for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 1 contract

Samples: Credit Agreement (Jostens Inc)

Waiver of Presentment and Other Conditions. The Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any Canadian Revolving Lender in respect of a Bankers' Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the Bankers' Acceptance being held, at the maturity thereof, by such Canadian Revolving Lender in its own right and the Canadian Borrower agrees not to claim any days of grace if the Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers' Acceptance for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 1 contract

Samples: Credit Agreement (LNT Leasing II, LLC)

Waiver of Presentment and Other Conditions. The Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any a Canadian Revolving Lender in respect of a Bankers’ Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the Bankers’ Acceptance being held, at the maturity thereof, by such the Canadian Revolving Lender in its own right and the Canadian Borrower agrees not to claim any days of grace if the such Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 1 contract

Samples: Credit Agreement (LKQ Corp)

Waiver of Presentment and Other Conditions. The Canadian Borrower waives demand, presentment for payment payment, protest, noting of protest, dishonor, noting of dishonor and any other defense to payment of any amounts due to any a Canadian Revolving Lender in respect of a Bankers’ Acceptance accepted and purchased by it such Canadian Lender pursuant to this Agreement Agreement, including merger, which might exist solely by reason of the such Bankers’ Acceptance being held, at the maturity thereof, by such Canadian Revolving Lender in its own right right, and the Canadian Borrower agrees not to claim any days of grace if the such Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance Acceptances for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 1 contract

Samples: Credit Agreement (International Multifoods Corp)

Waiver of Presentment and Other Conditions. The Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any a Canadian Revolving Lender in respect of a Bankers' Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the Bankers' Acceptance being held, at the maturity thereof, by such the Canadian Revolving Lender in its own right and the Canadian Borrower agrees not to claim any days of grace if the such Canadian Revolving Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers' Acceptance for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 1 contract

Samples: Credit Agreement (Cedar Fair L P)

Waiver of Presentment and Other Conditions. The To the extent permitted by applicable law, the Canadian Borrower waives presentment for payment and any other defense to payment of any amounts due to any a Canadian Revolving Credit Lender in respect of a Bankers' Acceptance accepted and purchased by it pursuant to this Agreement which might exist solely by reason of the such Bankers' Acceptance being held, at the maturity thereof, by such Canadian Revolving Credit Lender in its own right right, and the Canadian Borrower agrees not to claim any days of grace if the such Canadian Revolving Credit Lender as holder sues or otherwise commences legal proceedings against the Canadian Borrower on the Bankers’ Acceptance ' Acceptances for payment of the amount payable by the Canadian Borrower thereunder.

Appears in 1 contract

Samples: Credit Agreement (Outdoor Systems Inc)

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