Common use of Waiver of Stay or Extension Clause in Contracts

Waiver of Stay or Extension. To the extent permitted to be waived by law, Trustor shall not at any time insist upon or plead or in any manner whatever claim the benefit or advantage of any stay, extension or moratorium law now or at any time hereafter in force in any locality where the Trust Estate or any part thereof may or shall be situated, nor shall Trustor claim any benefit or advantage from any law now or hereafter in force providing for the valuation or appraisement of the Trust Estate or any part thereof prior to any sale thereof to be made pursuant to any provision of this Deed of Trust or to a decree of any court of competent jurisdiction, nor after any such sale shall Trustor claim or exercise any right conferred by any law now or at any time hereafter in force to redeem the Trust Estate so sold or any part thereof; and Trustor hereby expressly waives all benefit or advantage of any such law or laws and the appraisement of the Trust Estate or any part thereof, and covenants that Trustor shall not hinder or delay the execution of any power herein granted and delegated to Beneficiary but that Trustor shall permit the execution of every such power as though no such law had been made.

Appears in 4 contracts

Samples: Credit Agreement (Calpine Corp), Deed of Trust (Calpine Corp), Credit Agreement (Calpine Corp)

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Waiver of Stay or Extension. To the extent permitted to be waived by law, Trustor Grantor shall not at any time insist upon or plead or in any manner whatever claim the benefit or advantage of any stay, extension or moratorium law now or at any time hereafter in force in any locality where the Trust Estate or any part thereof may or shall be situated, nor shall Trustor Grantor claim any benefit or advantage from any law now or hereafter in force providing for the valuation or appraisement of the Trust Estate or any part thereof prior to any sale thereof to be made pursuant to any provision of this Deed of Trust or to a decree of any court of competent jurisdiction, nor after any such sale shall Trustor Grantor claim or exercise any right conferred by any law now or at any time hereafter in force to redeem the Trust Estate so sold or any part thereof; and Trustor Grantor hereby expressly waives all benefit or advantage of any such law or laws and the appraisement of the Trust Estate or any part thereof, and covenants that Trustor Grantor shall not hinder or delay the execution of any power herein granted and delegated to Beneficiary but that Trustor Grantor shall permit the execution of every such power as though no such law had been made.

Appears in 3 contracts

Samples: Deed of Trust (Osullivan Industries Inc), Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing (Osullivan Industries Inc), Deed of Trust (Osullivan Industries Inc)

Waiver of Stay or Extension. To the extent permitted to be waived by law, Trustor Mortgagor shall not at any time insist upon or plead or in any manner whatever claim the benefit or advantage of any stay, extension or moratorium law now or at any time hereafter in force in any locality where the Trust Estate Mortgaged Property or any part thereof may or shall be situated, nor shall Trustor Mortgagor claim any benefit or advantage from any law now or hereafter in force providing for the valuation or appraisement of the Trust Estate Mortgaged Property or any part thereof prior to any sale thereof to be made pursuant to any provision of this Deed of Trust Mortgage or to a decree of any court of competent jurisdiction, nor after any such sale shall Trustor Mortgagor claim or exercise any right conferred by any law now or at any time hereafter in force to redeem the Trust Estate Mortgaged Property so sold or any part thereof; and Trustor Mortgagor hereby expressly waives all benefit or advantage of any such law or laws and the appraisement of the Trust Estate Mortgaged Property or any part thereof, and covenants that Trustor Mortgagor shall not hinder or delay the execution of any power herein granted and delegated to Beneficiary Mortgagee but that Trustor Mortgagor shall permit the execution of every such power as though no such law had been made.

Appears in 2 contracts

Samples: Multiple Indebtedness Mortgage (Cheniere Energy Inc), Credit Agreement (Enexus Energy CORP)

Waiver of Stay or Extension. To the extent permitted to be waived by law, Trustor shall not at any time insist upon or plead or in any manner whatever claim the benefit or advantage of any stay, extension or moratorium law now or at any time hereafter in force in any locality where the Trust Estate Mortgaged Property or any part thereof may or shall be situated, nor shall Trustor claim any benefit or advantage from any law now or hereafter in force providing for the valuation or appraisement of the Trust Estate Mortgaged Property or any part thereof prior to any sale thereof to be made pursuant to any provision of this Deed of Trust or to a decree of any court of competent jurisdiction, nor after any such sale shall Trustor claim or exercise any right conferred by any law now or at any time hereafter in force to redeem the Trust Estate Mortgaged Property so sold or any part thereof; and Trustor hereby expressly waives all benefit or advantage of any such law or laws and the appraisement of the Trust Estate Mortgaged Property or any part thereof, and covenants that Trustor shall not hinder or delay the execution of any power herein granted and delegated to Beneficiary but that Trustor shall permit the execution of every such power as though no such law had been made.

Appears in 2 contracts

Samples: Credit Agreement (Ormat Technologies, Inc.), Indenture (Ormat Technologies, Inc.)

Waiver of Stay or Extension. To the extent permitted to be waived by law, Trustor Mortgagor shall not at any time insist upon or plead or in any manner whatever claim the benefit or advantage of any stay, extension or moratorium law now or at any time hereafter in force in any locality where the Trust Estate Mortgaged Property or any part thereof may or shall be situated, nor shall Trustor Mortgagor claim any benefit or advantage from any law now or hereafter in force providing for the valuation or appraisement of the Trust Estate Mortgaged Property or any part thereof prior to any sale thereof to be made pursuant to any provision of this Deed of Trust Mortgage or to a decree of any court of competent jurisdiction, nor after any such sale shall Trustor Mortgagor claim or exercise any right conferred by any law now or at any time hereafter in force to redeem the Trust Estate Mortgaged Property so sold or any part thereof; and Trustor Mortgagor hereby expressly waives all benefit or advantage of any such law or laws and the appraisement of the Trust Estate Mortgaged Property or any part thereof, and covenants that Trustor Mortgagor shall not hinder or delay the execution of any power herein granted and delegated to Beneficiary Mortgagee but that Trustor Xxxxxxxxx shall permit the execution of every such power as though no such law had been made.

Appears in 2 contracts

Samples: Mortgage, Collateral Assignment of Leases and Rents, Security Agreement and Financing Statement (Calpine Corp), Mortgage, Assignment of Rents and Security Agreement (Calpine Corp)

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Waiver of Stay or Extension. To the extent permitted to be waived by law, Trustor Grantor shall not at any time insist upon or plead or in any manner whatever claim the benefit or advantage of any stay, extension or moratorium law now or at any time hereafter in force in any locality where the Trust Estate Encumbered Property or any part thereof may or shall be situated, nor shall Trustor Grantor claim any benefit or advantage from any law now or hereafter in force providing for the valuation or appraisement of the Trust Estate Encumbered Property or any part thereof prior to any sale thereof to be made pursuant to any provision of this Deed of Trust or to a decree of any court of competent jurisdiction, nor after any such sale shall Trustor Grantor claim or exercise any right conferred by any law now or at any time hereafter in force to redeem the Trust Estate Encumbered Property so sold or any part thereof; and Trustor Grantor hereby expressly waives all benefit or advantage of any such law or laws and the appraisement of the Trust Estate Encumbered Property or any part thereof, and covenants that Trustor Grantor shall not hinder or delay the execution of any power herein granted and delegated to Beneficiary but that Trustor Grantor shall permit the execution of every such power as though no such law had been made.

Appears in 2 contracts

Samples: Deed of Trust (Calpine Corp), Deed of Trust, Assignment of Rents, Fixture Filing and Security Agreement (Calpine Corp)

Waiver of Stay or Extension. To the extent permitted to be waived by law, Trustor Grantor shall not at any time insist upon or plead or in any manner whatever claim the benefit or advantage of any stay, extension or moratorium law now or at any time hereafter in force in any locality where the Trust Estate Mortgaged Property or any part thereof may or shall be situated, nor shall Trustor Grantor claim any benefit or advantage from any law now or hereafter in force providing for the valuation or appraisement of the Trust Estate Mortgaged Property or any part thereof prior to any sale thereof to be made pursuant to any provision of this Security Deed of Trust or to a decree of any court of competent jurisdiction, nor after any such sale shall Trustor Grantor claim or exercise any right conferred by any law now or at any time hereafter in force to redeem the Trust Estate Mortgaged Property so sold or any part thereof; and Trustor Grantor hereby expressly waives all benefit or advantage of any such law or laws and the appraisement of the Trust Estate Mortgaged Property or any part thereof, and covenants that Trustor Grantor shall not hinder or delay the execution of any power herein granted and delegated to Beneficiary Grantee but that Trustor Grantor shall permit the execution of every such power as though no such law had been made.

Appears in 1 contract

Samples: Deed to Secure Debt, Assignment of Rents and Security Agreement (Calpine Corp)

Waiver of Stay or Extension. To If and to the extent permitted to be waived by lawapplicable legal requirements, Trustor Mortgagor shall not at any time insist upon or plead or in any manner whatever claim the benefit or advantage of any stay, extension or moratorium law now or at any time hereafter in force in any locality where the Trust Estate Mortgaged Property or any part thereof may or shall be situated, nor shall Trustor Mortgagor claim any benefit or advantage from any law now or hereafter in force providing for the valuation or appraisement of the Trust Estate Mortgaged Property or any part thereof prior to any sale thereof to be made pursuant to any provision of this Deed of Trust Mortgage or to a decree of any court of competent jurisdiction, nor after any such sale shall Trustor Mortgagor claim or exercise any right conferred by any law now or at any time hereafter in force to redeem the Trust Estate Mortgaged Property so sold or any part thereof; and Trustor Mortgagor hereby expressly waives all benefit or advantage of any such law or laws and the appraisement of the Trust Estate Mortgaged Property or any part thereof, and covenants that Trustor Mortgagor shall not hinder or delay the execution of any power herein granted and delegated to Beneficiary Mortgagee but that Trustor Mortgagor shall permit the execution of every such power as though no such law had been made.

Appears in 1 contract

Samples: Mortgage, Assignment of Rents, Security Agreement and Fixture Filing (Allegiant Travel CO)

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