Waiver of Stays, etc. To the full extent that each Loan Party may lawfully so agree, each Loan Party agrees that it will not at any time plead, claim or take the benefit of any appraisement, valuation, stay, extension, moratorium or redemption law now or hereafter in force to prevent or delay the enforcement of this Agreement in accordance with its terms or the absolute sale of any portion of or all of the Collateral in accordance with this Agreement or the possession thereof by any purchaser at any sale under and in compliance with this Agreement, and each Loan Party, for itself and all who may claim under such Loan Party, as far as such Loan Party now or hereafter lawfully may do so, hereby waives the benefit of all such Requirement of Law.
Appears in 6 contracts
Samples: Loan Agreement, Guarantee and Security Agreement (Nuveen Mortgage Opportunity Term Fund 2), Guarantee and Security Agreement (Nuveen Mortgage Opportunity Term Fund 2)
