Common use of Waivers by Pledgor Clause in Contracts

Waivers by Pledgor. Pledgor waives notice of the creation, advance, increase, existence, extension or renewal of, and of any indulgence with respect to, the Obligation; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligation outstanding at any time, notice of any change in financial condition of any person liable for the Obligation or any part thereof, notice of any Event of Default, and all other notices respecting the Obligation; and agrees that maturity of the Obligation and any part thereof may be accelerated, extended or renewed one or more times by Bank in its discretion, without notice to Pledgor. Pledgor waives any right to require that any action be brought against any other person or to require that resort be had to any other security or to any balance of any deposit account. Pledgor further waives any right of subrogation or to enforce any right of action against any other pledgor until the Obligation is paid in full.

Appears in 6 contracts

Samples: Loan Agreement (Mexco Energy Corp), Pledge Agreement (Mexco Energy Corp), Pledge Agreement (Inspire Insurance Solutions Inc)

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Waivers by Pledgor. Pledgor waives notice of the creation, advance, increase, existence, extension or renewal of, and of any indulgence with respect to, the ObligationAggregate Put Obligations; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligation outstanding at any time, notice of any change in financial condition of any person liable for the Obligation Aggregate Put Obligations or any part thereof, notice of any Event of Default, and all other notices respecting the ObligationAggregate Put Obligations; and agrees that maturity of the Obligation Aggregate Put Obligations and any part thereof may may, in accordance with the Put Option Agreements, be accelerated, extended or renewed one or more times by Bank in its discretiontimes, without notice to Pledgor. Pledgor waives any right to require that any action be brought against any other person Person or to require that resort be had to any other security or to any balance of any deposit account. Pledgor further waives any right of subrogation or to enforce any right of action against any other pledgor until the Obligation is Aggregate Put Obligations are paid in full.

Appears in 2 contracts

Samples: Pledge Agreement (Blackstone Holdings I L.P.), Pledge Agreement (Rentech Inc /Co/)

Waivers by Pledgor. Pledgor waives notice of the creation, advance, increase, existence, extension or renewal of, and of any indulgence with respect to, the ObligationObligations; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligation Obligations outstanding at any time, notice of any change in financial condition of any person liable for the Obligation Obligations or any part thereof, notice of any Event of Default, and all other notices respecting the ObligationObligations; and agrees that maturity of the Obligation Obligations and any part thereof may be accelerated, extended or renewed one or more times by Bank in its discretion, without notice to Pledgor. Pledgor waives any right to require that any action be brought against any other person or to require that resort be had to any other security or to any balance of any deposit account. Pledgor further waives any right of subrogation or to enforce any right of action against any other pledgor until the Obligation is Obligations are paid in full.

Appears in 2 contracts

Samples: Pledge Agreement (Independent Bank Group, Inc.), Pledge Agreement (Independent Bank Group, Inc.)

Waivers by Pledgor. Pledgor waives notice of the creation, advance, increase, existence, extension or renewal of, and of any indulgence with respect to, the Obligation; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligation outstanding at any time, notice of any change in financial condition of any person liable for the Obligation or any part thereof, notice of any Event of Default, and all other notices respecting the Obligation; and agrees that maturity of the Obligation and any part thereof may be accelerated, extended or renewed one or more times by Bank in its discretion, without notice to Pledgor. Pledgor waives any right to require that any action be brought against any other person or to require that resort be had to any other security or to any balance of any deposit account. Pledgor further waives any right of subrogation or to enforce any right of action against any other pledgor until the Obligation is paid in full. T. U. RULE 144 RIDER. Pledgor acknowledges that the Collateral is, or may be in the future, comprised in whole or in part of control or restricted securities, which shall be subject to the additional terms and provisions described on the Rule 144 Rider attached hereto and made a part hereof for all purposes. V. 5.

Appears in 1 contract

Samples: American Physicians Service Group Inc

Waivers by Pledgor. Pledgor waives notice of the creation, advance, increase, existence, extension or renewal of, and of any indulgence with respect to, the Obligation; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligation outstanding at any time, notice of any change in financial condition of any person liable for the Obligation or any part thereof, notice of any Event of Default, and all other notices respecting the Obligation; and agrees that maturity of the Obligation and any part thereof may be accelerated, extended or renewed one or more times by Bank in its discretion, without notice to Pledgor. Pledgor waives any right to require that any action be brought against any other person or to require that resort be had to any other security or to any balance of any deposit account. Pledgor further waives any right of subrogation or to enforce any right of action against any other pledgor until the Obligation is paid in full.

Appears in 1 contract

Samples: Kanders Florida Holdings Inc

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Waivers by Pledgor. Pledgor waives notice of the creation, advance, increase, existence, extension or renewal of, and of any indulgence with respect to, the Obligation; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligation outstanding at any time, notice of any change in financial condition of any person liable for the Obligation or any part thereof, notice of any Event of Default, and all other notices respecting the Obligation; and agrees that maturity of the Obligation and any part thereof may be accelerated, extended or renewed one or more times by Bank in its discretion, without notice to Pledgor. Pledgor waives any right to require that any action be brought against any other person or to require that resort be had to any other security or to any balance of any deposit account. , Pledgor further waives any right of subrogation or to enforce any right of action against any other pledgor until the Obligation is paid in full.

Appears in 1 contract

Samples: Pledge Agreement (Inspire Insurance Solutions Inc)

Waivers by Pledgor. The Pledgor waives notice of the creation, advance, increase, existence, extension or renewal of, and of any indulgence with respect to, the ObligationObligations; waives presentment, demand, notice of dishonor, and protest; waives notice of the amount of the Obligation Obligations outstanding at any time, notice of any change in financial condition of any person liable for the Obligation Obligations or any part thereof, notice of any Event event of Defaultdefault, and all other notices respecting the ObligationObligations; and agrees that maturity of the Obligation Obligations and any part thereof may be accelerated, extended or renewed one or more times by Bank any Lender in its discretion, without notice to the Pledgor. The Pledgor waives any right to require that any action be brought against any other person or to require that resort be had to any other security or to any balance of any deposit account. The Pledgor further waives any right of subrogation or to enforce any right of action against any the other pledgor Borrower until the Obligation is Obligations are paid in full.

Appears in 1 contract

Samples: Pledge Agreement (DWG Acquisition Group L P)

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