Common use of Waivers by Pledgor Clause in Contracts

Waivers by Pledgor. Subject to SECTION 5.4 above, in case of any Event of Default, neither Pledgor nor anyone claiming by, through, or under Pledgor, to the extent Pledgor may lawfully so agree, shall or will set up, claim, or seek to take advantage of any appraisement, valuation, stay, extension, or redemption law now or hereafter in force under any applicable law, in order to prevent or hinder the enforcement of this Agreement, or the absolute sale of the Collateral, or the final and absolute putting into possession thereof, immediately after such sale, of the purchaser thereof; and Pledgor in Pledgor's own right and for all who may claim under Pledgor, hereby waives, to the fullest extent that Pledgor may lawfully do so, the benefit of any and all right to have the Collateral marshaled upon any enforcement of the Security Interests herein granted, and Pledgor agrees that Secured Party or any court having jurisdiction to enforce the Security Interests may sell the Collateral in parts or as an entirety.

Appears in 2 contracts

Samples: Pledge Agreement (Venus Exploration Inc), Pledge Agreement (Exco Resources Inc)

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Waivers by Pledgor. Subject to SECTION 5.4 above, in case of any Event of Default, neither Neither Pledgor nor anyone claiming by, through, through or under Pledgor, to the extent Pledgor may lawfully so agree, shall or will set up, claim, claim or seek to take advantage of any appraisement, valuation, stay, extension, extension or redemption law now or hereafter in force under in any locality where any of the collateral is situated for purposes of applicable law, in order to prevent or hinder the enforcement of this Agreement, or the absolute sale of the Collateral, or the final and absolute putting into possession thereof, immediately after such sale, of the purchaser thereof; and Pledgor in Pledgor's own right and for all who may claim under Pledgor, hereby waiveswaive, to the fullest full extent that Pledgor may lawfully do so, the benefit of any and all right to have the Collateral marshaled upon any enforcement of the Security Interests security interest herein granted, and Pledgor agrees that Secured Party or any court having jurisdiction to enforce the Security Interests such security interest may sell the Collateral in parts or as an entirety.

Appears in 2 contracts

Samples: Search Pledge Agreement (Search Capital Group Inc), Achi Pledge Agreement (Search Capital Group Inc)

Waivers by Pledgor. Subject to SECTION 5.4 above, in In case of any Event of Default, neither Pledgor nor anyone claiming by, through, through or under Pledgor, to the extent Pledgor may lawfully so agree, shall or will set up, claim, claim or seek to take advantage of any appraisement, valuation, stay, extension, extension or redemption law now or hereafter in force under in any locality where any of the Collateral is situated for purposes of applicable law, in order to prevent or hinder the enforcement of this Agreement, or the absolute sale of the Collateral, or the final and absolute putting into possession thereof, immediately after such sale, of the purchaser thereof; and Pledgor in Pledgor's own right and for all who may claim under Pledgor, hereby waives, to the fullest extent that Pledgor may lawfully do so, the benefit of any and all right to have the Collateral marshaled upon any enforcement of the Security Interests herein granted, and Pledgor agrees that Secured Party the Administrative Agent or any court having jurisdiction to enforce the Security Interests may sell the Collateral in parts or as an entirety.

Appears in 1 contract

Samples: Pledge and Security Agreement (Prime Medical Services Inc /Tx/)

Waivers by Pledgor. Subject to SECTION 5.4 above, in In case of any Event of Default, neither Pledgor nor anyone claiming by, through, or under Pledgor, to the extent Pledgor may lawfully so agree, shall or will set up, claim, or seek to take advantage of any appraisement, valuation, stay, extension, or redemption law now or hereafter in force under any applicable law, in order to prevent or hinder the enforcement of this Agreement, or the absolute sale of the Collateral, or the final and absolute putting into possession thereof, immediately after such sale, of the purchaser thereof; and Pledgor in Pledgor's ’s own right and for all who may claim under Pledgor, hereby waives, to the fullest extent that Pledgor may lawfully do so, the benefit of any and all right to have the Collateral marshaled upon any enforcement of the Security Interests herein granted, and Pledgor agrees that Secured Party Lender Representative or any court having jurisdiction to enforce the Security Interests may sell the Collateral in parts or as an entirety.

Appears in 1 contract

Samples: Pledge Agreement (Earth Biofuels Inc)

Waivers by Pledgor. Subject to SECTION 5.4 above, in In case of any Event of Default, neither Pledgor nor anyone claiming by, through, or under Pledgor, to the extent Pledgor may lawfully so agree, shall or will set up, claim, or seek to take advantage of any appraisement, valuation, stay, extension, or redemption law now or hereafter in force under any applicable law, in order to prevent or hinder the enforcement of this Agreement, or the absolute sale of the Pledged Collateral, or the final and absolute putting into possession thereof, immediately after such sale, of the purchaser thereof; and Pledgor in Pledgor's own right and for all who may claim under Pledgor, hereby waives, to the fullest extent that Pledgor may lawfully do so, the benefit of any and all right to have the Pledged Collateral marshaled upon any enforcement of the Security Interests herein granted, and Pledgor agrees that Secured Party Pledgee or any court having jurisdiction to enforce the Security Interests may sell the Pledged Collateral in parts or as an entirety.

Appears in 1 contract

Samples: Pledge Agreement (Endocare Inc)

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Waivers by Pledgor. Subject to SECTION 5.4 above, in In case of any Event of Default, neither Pledgor nor anyone claiming by, through, or under Pledgor, to the extent Pledgor may lawfully so agree, shall or will set up, claim, or seek to take advantage of any appraisement, valuation, stay, extension, or redemption law now or hereafter in force under any applicable law, in order to prevent or hinder the enforcement of this Agreement, or the absolute sale of the Collateral, or the final and absolute putting into possession thereof, immediately after such sale, of the purchaser thereof; and Pledgor in Pledgor's ’s own right and for all who may claim under Pledgor, hereby waives, to the fullest extent that Pledgor may lawfully do so, the benefit of any and all right to have the Collateral marshaled upon any enforcement of the Security Interests herein granted, and Pledgor agrees that Secured Party Pledgee or any court having jurisdiction to enforce the Security Interests may sell the Collateral in parts or as an entirety.

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement (Healthtronics Surgical Services Inc)

Waivers by Pledgor. Subject to SECTION 5.4 above, in In case of any Event of Default, neither Pledgor nor anyone claiming by, through, or under Pledgor, to the extent Pledgor may lawfully so agree, shall or will set up, claim, or seek to take advantage of any appraisement, valuation, stay, extension, or redemption law now or hereafter in force under any applicable law, in order to prevent or hinder the enforcement of this Agreement, or the absolute sale of the Collateral, or the final and absolute putting into possession thereof, immediately after such sale, of the purchaser thereof; and Pledgor in Pledgor's ’s own right and for all who may claim under Pledgor, hereby waives, to the fullest extent that Pledgor may lawfully do so, the benefit of any and all right to have the Collateral marshaled upon any enforcement of the Security Interests herein granted, and Pledgor agrees that Secured Party or any court having jurisdiction to enforce the Security Interests may sell the Collateral in parts or as an entirety.

Appears in 1 contract

Samples: Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.)

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