Waivers; Consents. Any provision of this Agreement may be waived, if and only if, such waiver is in writing and signed by the Party against whom the waiver is to be effective. Notwithstanding the foregoing, no failure to exercise and no delay in exercising, on the part of any Party, any right, remedy, power or privilege hereunder shall operate as a waiver hereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. Any consent or approval required or permitted to be given by a Party to the other Party or its Affiliates under this Agreement shall be in the sole and absolute discretion of the Party giving, conditioning or denying such consent or approval (unless a different standard is expressly set forth herein therefor), shall only be effective if given in writing and signed by the Party giving such consent and shall be effective only against such Party (and the members of its Group).
Waivers; Consents. No waiver of, or consent with respect to, any provision of this Agreement or any other Bank Document shall in any event be effective unless the same shall be in writing and signed by the Bank, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given.
Waivers; Consents. All proceedings to have been taken and all waivers, consents and approvals to be obtained in connection with the transactions contemplated by this Agreement shall have been taken or obtained, and all Transaction Documents shall be reasonably satisfactory to the Purchasers, and the Purchasers shall have received copies (executed or certified, as may be appropriate) of the documents which the Purchasers may reasonably have requested in connection with such transactions.
Waivers; Consents. Each Shareholder hereby consents to the transactions contemplated by the Spotify Subscription Agreement and this Agreement, including the issue and allotment of the Ordinary Shares under the Spotify Subscription Agreement, and irrevocably waives any and all rights arising under the Prior SHAs, the Articles or under applicable Law, in respect of pre-emptive rights, notice rights, rights of participation, rights of first refusal, co-sale rights, veto rights and all similar rights, and irrevocably waives any breach of the Prior SHAs or the Articles relating to such issuance.
Waivers; Consents. Guarantor warrants and agrees that each of the waivers and consents set forth herein is made after consultation with legal counsel and with full knowledge of its significance and consequence, with the understanding that events giving rise to any defense or right waived may diminish, destroy, or otherwise adversely affect rights which Guarantor otherwise may have against Borrower, Bank, or others, or against any collateral, and that, under the circumstances, the waivers and consents herein given are reasonable and not contrary to public policy or law. If any of the waivers or consents herein are determined to be unenforceable under applicable law, such waivers and consents shall be effective to the maximum extent permitted by law.
Waivers; Consents. Each Subordinated Lender hereby waives promptness, diligence, notice of acceptance, notice of the creation, renewal, extension or accrual of any of the Senior Obligations, notice of proof of reliance by any Senior Lender and any other notice, demand or protest, and all other formalities of every kind with respect to, any of the Senior Obligations and this Intercreditor Agreement, and any requirement that any Senior Lender protect, secure, perfect or insure any Lien on any property subject thereto or exhaust any right to take any action against the Borrower or any other person or entity or any collateral. Each Subordinated Lender consents that, without the necessity of any reservation of rights against any Subordinated Lender, and without notice to or further assent by any Subordinated Lender:
(1) any demand for payment of any Senior Obligations made by a Senior Lender may be rescinded in whole or in part by such Senior Lender, and any Senior Obligation may be continued, and the Senior Obligations, or the liability of the Borrower or any guarantor or any other party upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, or any obligation or liability of the Borrower or any other party under the Senior Loan Documents or any other agreement, may, from time to time, in whole or in part, be renewed, extended, modified, accelerated, compromised, waived, surrendered, or released by a Senior Lender as the Senior Loan Documents permit;
(2) the Senior Loan Agreement, the Senior Secured Notes delivered pursuant thereto and any other Senior Loan Documents may be amended, modified, supplemented or terminated, in whole or in part, as the Senior Lenders may deem advisable from time to time, and any collateral security at any time held by a Senior Lender for the payment of any of the Senior Obligations may be released or sold by such Senior Lender; in each case all without notice to or further assent by any Subordinated Lender, each of whom will remain bound under this Agreement, and all without impairing, abridging, releasing or affecting the subordination provided for herein.
Waivers; Consents. Failure by a party to enforce any right hereunder is not a waiver of such right unless it is an express written waiver executed by its chief executive officer or a person designated in writing by its chief executive officer. Waiver of any one right is not a waiver of any other right or of any continuation of the violation waived, and a consent to an action or inaction is not a consent to any other action or inaction, including an action or inaction that was the same as the action or inaction to which consent was given.
Waivers; Consents. Subject to the Security Parties' continued compliance with the provisions contained herein and in the Facility Agreement to the satisfaction of the Creditors in their sole discretion, the Creditors hereby (a) waive any default occurring under Section 8.1(m) of the Facility Agreement solely in connection with the Impairment Losses and (b) consent to the Sale and waive any breach of Section 9.2(i) of the Facility Agreement solely in connection with the Sale. The Creditors, solely in connection with the transactions described herein, hereby waive compliance with any other provision contained in the Facility Agreement or the other Transaction Documents as may be necessary to give full effect to the waiver and consent set forth in this Section 7.
Waivers; Consents. There are no waivers, consents, notices or approvals required to complete the transactions contemplated under this Agreement from any other Person.
Waivers; Consents. The Client hereby waives: (a) presentment for payment, notice of dishonor, demand, protest, and notice thereof as to any instrument, and all other notices and demands to which the Client might be entitled, including without limitation notice of all of the following: the acceptance hereof; the creation, existence, or acquisition of any Guarantee Obligations; the amount of the Guarantee Obligations from time to time outstanding; any fact which might increase the Client's risk; any and all agreements and arrangements between FTC and the Guaranteed Party and any changes, modifications, or extensions thereof, and any revocation, modification or release of any Guarantee; (b) any right to require FTC to institute suit against, or to enforce any rights and remedies against, Guaranteed Party or any other person, or to exercise any other right or power, or pursue any other remedy FTC may have. Neither FTC, nor any of its directors, officers, employees, agents, attorneys or any other person affiliated with or representing FTC shall be liable for any claims, demands, losses or damages, of any kind whatsoever, made, claimed, incurred or suffered by the Client or any other party through the ordinary negligence of FTC, or any of its directors, officers, employees, agents, attorneys or any other person affiliated with or representing FTC.
