Common use of Waiver of Redemption, Notice and Marshalling of Assets Clause in Contracts

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except to the extent expressly provided for in the Loan Documents, all notices of any Event of Default or of any election by Trustee, Beneficiary or the Lenders to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 4 contracts

Samples: Maxxam Inc, Maxxam Inc, Maxxam Inc

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Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by lawLaw, Grantor Mortgagor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor any Mortgagor by virtue of any present or future statute of limitations or law Law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except to the extent as otherwise expressly provided for set forth herein or in the Loan DocumentsCredit Agreement, all notices of any Event of Default or of any Mortgagee’s election by Trustee, Beneficiary or the Lenders to exercise or the actual exercise of any right, remedy or recourse provided for under the each Loan DocumentsDocument, including this Mortgage, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 3 contracts

Samples: Intercreditor Agreement (Armstrong Coal Company, Inc.), Security Agreement (Armstrong Resource Partners, L.P.), Security Agreement (Armstrong Energy, Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except to the extent expressly provided for in the Loan Documents, all notices of any Event of Default or of any Beneficiary’s or Trustee’s election by Trustee, Beneficiary or the Lenders to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 3 contracts

Samples: Security Agreement and Fixture Filing (Green Plains Inc.), Green Plains Inc., Security Agreement and Fixture Filing (KBS Strategic Opportunity REIT, Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except to the extent as expressly provided for herein or in the Loan Documentsany applicable Financing Agreement, all notices of any Event of Default or of any election by Trustee, Beneficiary or the Lenders any Benefited Party to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documentsherein, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 2 contracts

Samples: Deed of Trust, Security Agreement (Teletech Holdings Inc), Teletech Holdings Inc

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor Mortgagor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor Mortgagor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except to the extent as expressly provided for herein, in the Credit Agreement or in any other Loan DocumentsDocument, all notices of any Event of Default or of any election by Trustee, Beneficiary Mortgagee or the Lenders to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 2 contracts

Samples: Security Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

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Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor and except as otherwise set forth in the Loan Documents, Mortgagor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor Mortgagor by Exhibit N virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except to the extent expressly provided for in the Loan Documents, all notices of any Event of Default or of any election by Trustee, Beneficiary or the Lenders Mortgagee to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Samples: Intercreditor Agreement (AbitibiBowater Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Trust Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except to unless otherwise required under the extent expressly provided for in Indenture, the Loan Intercreditor Agreement or any of the other Note Documents, all notices of any Event of Default or of any election by Trustee, Trustee or Beneficiary or the Lenders to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Note Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Samples: Leases and Security Agreement (Interdent Inc)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor Mortgagor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor Mortgagor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except to the extent as otherwise expressly provided for in the Loan Documents, all notices of any Event of Default or of any Lender's election by Trustee, Beneficiary or the Lenders to exercise or the its actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Samples: Mortgage and Security Agreement (GTJ REIT, Inc.)

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