Common use of Waiver of Protest Clause in Contracts

Waiver of Protest. The Debtor waives protest of any Instrument constituting the Collateral at any time held by the Secured Party on which the Debtor is in any way liable and, subject to Section 14, notice of any other action taken by the Secured Party. In any action brought by an assignee of this Agreement and the Security Interest or any part thereof to enforce any rights hereunder, the Debtor shall not assert against the assignee any claim or defence which the Debtor now has or hereafter may have against the Secured Party.

Waiver of Protest. The Debtor waives protest of any Instrument instrument constituting the Collateral at any time held by the Secured Party on which the Debtor is in any way liable and, subject to Section 14paragraph 10.7 hereof, notice of any other action taken by the Secured Party. In any action brought by an assignee of this Security Agreement and the Security Interest security interest or any part thereof to enforce any rights hereunder, the Debtor shall not assert against the assignee any claim or defence which the Debtor now has or hereafter may have against the Secured Party.

Waiver of Protest. The Debtor waives protest of any Instrument instrument constituting the Collateral at any time held by the Secured Party on which the Debtor is in any way liable and, subject to Section 14, notice of any other action taken by the Secured Party. In any action brought by an assignee of this Agreement and the Security Interest or any part thereof to enforce any rights hereunder, the Debtor shall not assert against the assignee any claim or defence which the Debtor now has or hereafter may have against the Secured Party.