Common use of Waivers of Notice, Etc Clause in Contracts

Waivers of Notice, Etc. Guarantor hereby expressly waives: (a) notice of acceptance of this Guaranty; (b) notice of any action taken or omitted in reliance hereon; (c) presentment; (d) demand for payment; (e) protest or notice of protest; (f) notice of any nonpayment or the occurrence or continuance of any other default, or any other event that (with the giving of notice or the passage of time or both) could constitute a default, under any Loan Document; (g) notice of any material or adverse effect, whether individually or in the aggregate, upon the assets, business, operations, properties or condition (financial or otherwise) of Borrower, Guarantor or any other person or entity, or upon any part of any Collateral; (h) any statute of limitations or similar time constraint under any applicable law, whether with respect to the Obligations or Guarantor Obligations or otherwise; or (i) any other proof, notice or demand of any kind whatsoever or the making or promptness in making any claim or demand under this Guaranty or any other Loan Document. No act or omission of any kind in connection with any of the foregoing shall in any way impair or otherwise affect the legality, validity, binding effect or enforceability of any term or provision of this Guaranty or any of the Guarantor Obligations.

Appears in 3 contracts

Samples: Validity Guaranty (BTHC X Inc), Continuing Guaranty (Greenwood Hall, Inc.), Personal Guaranty (Mint Leasing Inc)

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Waivers of Notice, Etc. Guarantor Except for notices expressly required to be given to the Borrower under this Agreement or the Note, the maximum extent permitted under any Applicable Law the Borrower hereby expressly waives: (a) notice of acceptance of this GuarantyAgreement, the Note or any other Loan Instrument; (b) notice of any action taken or omitted in reliance hereon; (c) presentment; (d) demand for payment; (e) protest or notice of protest; (f) notice of any nonpayment or the occurrence or continuance of any other default, or any other event that (constitutes, or with the giving of notice or the passage of time (or both) could constitute a defaultwould constitute, any nonpayment, nonperformance, misrepresentation or other breach or default under this Agreement, the Note or any other Loan DocumentInstrument; (g) notice of any material or and adverse effect, whether individually or in the aggregate, upon (i) the assets, business, operations, properties or condition (financial or otherwise) of the Borrower, Guarantor any Surety or any other person person, (ii) the ability of any of them to pay or entityotherwise satisfy (as and when due) any of their respective obligations under any of the Loan Instruments, or upon (iii) any part collateral securing the obligations of any Collateral; (h) of them under the Loan Instruments or its value or the validity, enforceabil-ity, perfection or priority of any statute security interest of limitations or similar time constraint under any applicable law, whether with respect to the Obligations or Guarantor Obligations or otherwiseBank therein; or (ih) any other proof, notice or demand of any kind whatsoever with respect to any or all of the making Obligations or Surety's Obligations or promptness in making any claim or demand under this Guaranty Agreement, the Note or any other Loan DocumentInstrument. No act or omission of any kind in connection with any of the foregoing shall in any way impair or otherwise affect the legality, validity, binding effect or enforceability of any term or provision of this Guaranty Agreement, the Note or any other Loan Instrument or any of the Guarantor Obligations or Surety's Obligations.

Appears in 1 contract

Samples: Security Agreement (Arison Micky 1994 B Trust)

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Waivers of Notice, Etc. Guarantor Except for notices expressly required under this Agreement or any other Loan Instrument to the Borrowers, each Borrower hereby expressly waives: (a) notice of acceptance of this GuarantyAgreement; (b) notice of any action taken or omitted in reliance hereon; (c) presentment; (d) demand for payment; (ec) protest or notice of protest; (f) notice of any nonpayment or other Event of Default or the occurrence or continuance of any other default, or any other event that (with the giving of notice or the passage of time or both) could constitute an Event of Default or a default, under any Loan DocumentInstrument; (g) notice of any material or and adverse effect, whether individually or in the aggregate, upon the assets, business, operations, properties or condition (financial or otherwise) of Borrower, Guarantor any Borrower or any other person or entityperson, or upon any part of any CollateralCollateral securing the obligations of any Borrower or any other person; (h) any statute of limitations or similar time constraint under any applicable lawApplicable Law, whether with respect to the Obligations or Guarantor Obligations or otherwiseObligations; or (i) any other proof, notice or demand of any kind whatsoever with respect to any or all of the making Obligations or promptness in making any claim or demand under this Guaranty Agreement or any other Loan DocumentInstrument. No act or omission of any kind in connection with any of the foregoing shall in any way impair or otherwise affect the legality, validity, binding effect or enforceability of any term or provision of this Guaranty Agreement or any other Loan Instrument or any of the Guarantor ObligationsBorrowers' Obligations under the Guaranty.

Appears in 1 contract

Samples: Loan and Security Agreement (Aeroflex Inc)

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