Waivers of Notice; Assent. The agreements and obligations of -------------------------- the Pledgor to the Pledgee hereunder and the security constituted hereby shall not be, to any extent or in any way or manner whatsoever, satisfied, discharged, impaired, diminished, released or otherwise affected by any of the following, whether or not the Pledgor shall have had any notice or knowledge of any thereof: (a) the absorption, consolidation, merger or amalgamation of, or the effectuation of any other change whatsoever in the name, membership, constitution or place of formation of, the Pledgor, the Pledgee, or any of their respective subsidiaries or affiliates; (b) any extension or postponement of the time for the payment or performance of all or any part of the Pledgor's Obligations, the acceptance of any partial payment on all or any part of the Pledgor's Obligations, any and all other indulgences whatsoever by the Pledgee in respect of all or any part of the Pledgor's Obligations, the taking, addition, substitution or release, in whole or in part, of any security for all or any part of the Pledgor's Obligations, or the addition, substitution or release, in whole or in part, of any person or persons primarily or secondarily liable in respect of all or any part of the Pledgor's Obligations; (c) any action or delay in acting or failure to act on the part of the Pledgee under this Agreement or the Promissory Note or in respect of all or any part of the Pledgor's Obligations, (d) any modification or amendment of, or any supplement or addition to, the Promissory Note; (e) any waiver, consent or other action or acquiescence by the Pledgee at any time in respect of any default by the Pledgor in the performance or observance of or the compliance with any term, covenant, condition, agreement or obligation contained in the Promissory Note; or (f) the Promissory Note or any provisions of any thereof shall at any time and for any reason whatsoever cease to be in full force and effect or shall be declared null and void or illegal, invalid, unenforceable or inadmissible in evidence. The Pledgor hereby absolutely and irrevocably assents to and waives notice of any and all events, conditions, matters and things hereinbefore specified in clauses (a) to (f), inclusive, of this Section 5.2.
Appears in 1 contract
Waivers of Notice; Assent. The agreements and obligations of -------------------------- the Pledgor to the Pledgee hereunder and the security constituted hereby shall not be, to any extent or in any way or manner whatsoever, satisfied, discharged, impaired, diminished, released or otherwise affected by any of the following, whether or not the Pledgor shall have had any notice or knowledge of any thereof: (a) the absorption, consolidation, merger or amalgamation of, or the effectuation of any other change whatsoever in the name, membershipshareholders, constitution or place of formation of, the Pledgor, the Pledgee, or any of their respective subsidiaries or affiliates, or the Pledgee; (b) any extension or postponement of the time for the payment or performance of all or any part of the Pledgor's Obligations, the acceptance of any partial payment on all or any part of the Pledgor's Obligations, any and all other indulgences whatsoever by the Pledgee in respect of all or any part of the Pledgor's Obligations, the taking, addition, substitution or release, in whole or in part, of any security for all or any part of the Pledgor's Obligations, or the addition, substitution or release, in whole or in part, of any person or persons primarily or secondarily liable in respect of all or any part of the Pledgor's Obligations; (c) any action or delay in acting or failure to act on the part of the Pledgee under this Agreement or the Promissory Note or in respect of all or any part of the Pledgor's Obligations, ; (d) any modification or amendment of, or any supplement or addition to, the Promissory Note, except to the extent of any such modification, amendment, supplement or addition; (e) any waiver, consent or other action or acquiescence by the Pledgee at any time in respect of any default by the Pledgor in the performance or observance of or the compliance with any term, covenant, condition, agreement or obligation contained in the Promissory Note; or (f) the Promissory Note or any provisions of any thereof shall at any time and for any reason whatsoever cease to be in full force and effect or shall be declared null and void or illegal, invalid, unenforceable or inadmissible in evidence. The Pledgor hereby absolutely and irrevocably assents to and waives notice of any and all events, conditions, matters and things hereinbefore specified in clauses (a) to (f), inclusive, inclusive of this Section 5.26.02.
Appears in 1 contract
Samples: Stock Pledge Agreement (Hillenbrand Industries Inc)
Waivers of Notice; Assent. The agreements and obligations of -------------------------- the Pledgor to the Pledgee Lender hereunder and the security constituted hereby shall not be, to any extent or in any way or manner whatsoever, satisfied, discharged, impaired, diminished, released or otherwise affected by any of the following, whether or not the Pledgor shall have had any notice or knowledge of any thereof: (a) the absorption, consolidation, merger or amalgamation of, or the effectuation of any other change whatsoever in the name, membership, constitution or place of formation of, the Pledgor, the Pledgee, Pledgor or any of their respective subsidiaries or affiliatesLender; (b) any increase or reduction in the amount of the Note, the termination of the Note, or the making of the Loans by Lender; (c) any extension or postponement of the time for the payment or performance of all or any part of the Pledgor's Obligations, the acceptance of any partial payment on all or any part of the Pledgor's Obligations, any and all other indulgences whatsoever by the Pledgee Lender in respect of all or any part of the Pledgor's Obligations, the taking, addition, substitution or release, in whole or in part, of any security for all or any part of the Pledgor's Obligations, or the addition, substitution or release, in whole or in part, of any person or persons primarily or secondarily liable in respect of all or any part of the Pledgor's Obligations; (cd) any action or delay in acting or failure to act on the part of the Pledgee Lender under this Agreement or the Promissory Note or in respect of all or any part of the Pledgor's Obligations, (d) any modification or amendment of, or any supplement or addition toAgreement, the Promissory Note; (e) any waiver, consent or other action or acquiescence by the Pledgee at any time in respect of any default by the Pledgor in the performance or observance of or the compliance with any term, covenant, condition, agreement or obligation contained in the Promissory Note; or (f) the Promissory Note or any provisions of any thereof shall at any time and for any reason whatsoever cease to be in full force and effect or shall be declared null and void or illegal, invalid, unenforceable or inadmissible in evidence. The Pledgor hereby absolutely and irrevocably assents to and waives notice of any and all events, conditions, matters and things hereinbefore specified in clauses (a) to (f), inclusive, of this Section 5.2.Loan Documents,
Appears in 1 contract
Waivers of Notice; Assent. The agreements and obligations of -------------------------- the Pledgor to the Pledgee Lender hereunder and the security constituted hereby shall not be, to any extent or in any way or manner whatsoever, satisfied, discharged, impaired, diminished, released or otherwise affected by any of the following, whether or not the Pledgor shall have had any notice or knowledge of any thereof: (a) the absorption, consolidation, merger or amalgamation of, or the effectuation of any other change whatsoever in the name, membership, constitution or place of formation of, the Pledgor, the Pledgee, Pledgor or any of their respective subsidiaries or affiliatesLender; (b) any increase or reduction in the amount of the Note, the termination of the Note, or the making of the Loans by Lender; (c) any extension or postponement of the time for the payment or performance of all or any part of the Pledgor's Obligations, the acceptance of any partial payment on all or any part of the Pledgor's Obligations, any and all other indulgences whatsoever by the Pledgee Lender in respect of all or any part of the Pledgor's Obligations, the taking, addition, substitution or release, in whole or in part, of any security for all or any part of the Pledgor's Obligations, or the addition, substitution or release, in whole or in part, of any person or persons primarily or secondarily liable in respect of all or any part of the Pledgor's Obligations; (c) any action or delay in acting or failure to act on the part of the Pledgee under this Agreement or the Promissory Note or in respect of all or any part of the Pledgor's Obligations, (d) any modification or amendment of, or any supplement or addition to, the Promissory Note; (e) any waiver, consent or other action or acquiescence by the Pledgee at any time in respect of any default by the Pledgor in the performance or observance of or the compliance with any term, covenant, condition, agreement or obligation contained in the Promissory Note; or (f) the Promissory Note or any provisions of any thereof shall at any time and for any reason whatsoever cease to be in full force and effect or shall be declared null and void or illegal, invalid, unenforceable or inadmissible in evidence. The Pledgor hereby absolutely and irrevocably assents to and waives notice of any and all events, conditions, matters and things hereinbefore specified in clauses (a) to (f), inclusive, of this Section 5.2.,
Appears in 1 contract
Waivers of Notice; Assent. The agreements and obligations of -------------------------- the Pledgor to the Pledgee hereunder and the security constituted hereby shall not be, to any extent or in any way or manner whatsoever, satisfied, discharged, impaired, diminished, released or otherwise affected by any of the following, whether or not the Pledgor shall have had any notice or knowledge of any thereof: (a) the absorption, consolidation, merger or amalgamation of, or the effectuation of any other change whatsoever in the name, membership, constitution or place of formation of, the Pledgor, the Pledgee, or any of their respective subsidiaries or affiliates; (b) any extension or postponement of the time for the payment or performance of all or any part of the Pledgor's Obligations, the acceptance of any partial payment on all or any part of the Pledgor's Obligations, any and all other indulgences whatsoever by the Pledgee in respect of all or any part of the Pledgor's Obligations, the taking, addition, substitution or release, in whole or in part, of any security for all or any part of the Pledgor's Obligations, or the addition, substitution or release, in whole or in part, of any person or persons primarily or secondarily liable in respect of all or any part of the Pledgor's Obligations; (c) any action or delay in acting or failure to act on the part of the Pledgee under this Agreement or the Promissory Note or in respect of all or any part of the Pledgor's Obligations, (d) any modification or amendment of, or any supplement or addition to, the Promissory Note; (e) any waiver, consent or other action or acquiescence by the Pledgee at any time in respect of any default by the Pledgor in the performance or observance of or the compliance with any term, covenant, condition, agreement or obligation contained in the Promissory Note; or (f) the Promissory Note or any provisions of any thereof shall at any time and for any reason whatsoever cease to be in full force and effect or shall be declared null and void or illegal, invalid, unenforceable or inadmissible in evidence. The Pledgor hereby absolutely and irrevocably assents to and waives notice of any and all events, conditions, matters and things hereinbefore specified in clauses (a) to (f), inclusive, of this Section 5.2.
Appears in 1 contract
Samples: Pledge Agreement (Techsys Inc)
Waivers of Notice; Assent. The agreements and obligations of -------------------------- the Pledgor to the Pledgee Agent hereunder and the security constituted hereby shall not be, to any extent or in any way or manner whatsoever, satisfied, discharged, impaired, diminished, released or otherwise affected by any of the following, whether or not the Pledgor shall have had any notice or knowledge of any thereof: (a) the absorption, consolidation, merger or amalgamation of, or the effectuation of any other change whatsoever in the name, membership, constitution or place of formation of, the Pledgor, the Pledgee, Pledgor or any of their respective subsidiaries or affiliatesAgent; (b) any increase or reduction in the amount of the Notes, the termination of the Notes, or the making of the Loans by Agent or any of the Lenders; (c) any extension or postponement of the time for the payment or performance of all or any part of the Pledgor's Obligations, the acceptance of any partial payment on all or any part of the Pledgor's Obligations, any and all other indulgences whatsoever by Agent or any of the Pledgee Lenders in respect of all or any part of the Pledgor's Obligations, the taking, addition, substitution or release, in whole or in part, of any security for all or any part of the Pledgor's Obligations, or the addition, substitution or release, in whole or in part, of any person or persons primarily or secondarily liable in respect of all or any part of the Pledgor's Obligations; (cd) any action or delay in acting or failure to act on the part of Agent or any of the Pledgee Lenders under this Agreement or Agreement, the Promissory Note Loan Documents, or in respect of all or any part of the Pledgor's Obligations, or in respect of all or any collateral other than the Collateral; or (de) any modification or amendment of, or any supplement or addition to, any of the Promissory Note; (e) any waiver, consent or other action or acquiescence by the Pledgee at any time in respect of any default by the Pledgor in the performance or observance of or the compliance with any term, covenant, condition, agreement or obligation contained in the Promissory Note; or (f) the Promissory Note or any provisions of any thereof shall at any time and for any reason whatsoever cease to be in full force and effect or shall be declared null and void or illegal, invalid, unenforceable or inadmissible in evidenceLoan Documents. The Pledgor hereby absolutely and irrevocably assents to and waives notice of any and all events, conditions, matters and things hereinbefore specified in clauses (a) to (fe), inclusive, of the foregoing sentence of this Section 5.2SECTION 6.02.
Appears in 1 contract
Samples: Stock Pledge Agreement (PCD Inc)
Waivers of Notice; Assent. The agreements and obligations of -------------------------- the Pledgor to the Pledgee Agent hereunder and the security constituted hereby shall not be, to any extent or in any way or manner whatsoever, satisfied, discharged, impaired, diminished, released or otherwise affected by any of the following, whether or not the Pledgor shall have had any notice or knowledge of any thereof: any
(a) the absorption, consolidation, merger or amalgamation of, or the effectuation of any other change whatsoever in the name, membership, constitution or place of formation of, the Pledgor, the Pledgee, Pledgor or any of their respective subsidiaries or affiliatesAgent; (b) any increase or reduction in the amount of the Notes, the termination of the Notes, or the making of the Loans by Agent or any of the Lenders; (c) any extension or postponement of the time for the payment or performance of all or any part of the Pledgor's Obligations, the acceptance of any partial payment on all or any part of the Pledgor's Obligations, any and all other indulgences whatsoever by Agent or any of the Pledgee Lenders in respect of all or any part of the Pledgor's Obligations, the taking, addition, substitution or release, in whole or in part, of any security for all or any part of the Pledgor's Obligations, or the addition, substitution or release, in whole or in part, of any person or persons primarily or secondarily liable in respect of all or any part of the Pledgor's Obligations; (cd) any action or delay in acting or failure to act on the part of Agent or any of the Pledgee Lenders under this Agreement or Agreement, the Promissory Note Loan Documents, or in respect of all or any part of the Pledgor's Obligations, or in respect of all or any collateral other than the Collateral; or (de) any modification or amendment of, or any supplement or addition to, any of the Promissory Note; (e) any waiver, consent or other action or acquiescence by the Pledgee at any time in respect of any default by the Pledgor in the performance or observance of or the compliance with any term, covenant, condition, agreement or obligation contained in the Promissory Note; or (f) the Promissory Note or any provisions of any thereof shall at any time and for any reason whatsoever cease to be in full force and effect or shall be declared null and void or illegal, invalid, unenforceable or inadmissible in evidenceLoan Documents. The Pledgor hereby absolutely and irrevocably assents to and waives notice of any and all events, conditions, matters and things hereinbefore specified in clauses (a) to (fe), inclusive, of the foregoing sentence of this Section 5.2SECTION 6.02.
Appears in 1 contract
Samples: Stock Pledge Agreement (PCD Inc)