Common use of Waivers by Borrower Clause in Contracts

Waivers by Borrower. Borrower irrevocably waives notice of: DFS' acceptance of this Agreement, presentment, demand, protest, nonpayment, nonperformance, and dishonor. Borrower and DFS irrevocably waive all rights to claim any punitive and/or exemplary damages. Borrower waives all rights of offset Borrower may have against DFS. Borrower waives all notices of default and non-payment at maturity of any or all of the Accounts.

Appears in 4 contracts

Samples: Business Credit and Security Agreement (Pomeroy Computer Resources Inc), Business Credit and Security Agreement (Pomeroy Select Integration Solutions Inc), Business Credit and Security Agreement (Creative Computers Inc)

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Waivers by Borrower. Borrower irrevocably waives notice of: DFS' acceptance of this Agreement, presentment, demand, protest, nonpayment, nonperformance, and dishonor. Borrower and DFS irrevocably waive all rights to claim any punitive and/or exemplary damages. Borrower waives all rights of offset and counter claims Borrower may have against DFS. Borrower waives all notices of default and non-payment at maturity of any or all of the Accounts.

Appears in 4 contracts

Samples: Loan and Security Agreement (Western Power & Equipment Corp), Loan and Security Agreement (Travis Boats & Motors Inc), Loan and Security Agreement (Rdo Equipment Co)

Waivers by Borrower. Borrower irrevocably waives notice of: DFS' acceptance of this Agreement, presentment, demand, protest, nonpaymentnon-payment, nonperformancenon-performance, and dishonordishonour. Borrower and DFS irrevocably waive all rights to claim any punitive and/or exemplary damages. Borrower waives all rights of offset and counter claims Borrower may have against DFS. Borrower waives all notices of default and non-payment at maturity of any or all of the Accounts.

Appears in 1 contract

Samples: Business Credit and Security Agreement (Gt Bicycles Inc)

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Waivers by Borrower. Borrower irrevocably waives notice of: ------------------- DFS' acceptance of this Agreement, presentment, demand, protest, nonpayment, nonperformance, and dishonor. Borrower and DFS irrevocably waive all rights to claim any punitive and/or exemplary damages. Borrower waives all rights of offset Borrower may have against DFS. Borrower waives all notices of default and non-payment at maturity of any or all of the Accounts.

Appears in 1 contract

Samples: Business Credit and Security Agreement (Pomeroy Computer Resources Inc)

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