GENERAL WAIVERS definition
GENERAL WAIVERS. One party's consent to or approval of any act by the other party requiring the first party's consent or approval shall not be deemed to waive or render unnecessary the first party's consent to or approval of any subsequent similar act by the other party. No waiver of any provision hereof or any breach of any provision hereof shall be effective unless in writing and signed by the waiving party. The receipt by Landlord of any rent or payment with or without knowledge of the breach of any other provision hereof shall not be deemed a waiver of any such breach. No waiver of any provision of this Lease shall be deemed a continuing waiver unless such waiver specifically states so in writing and is signed by both Landlord and Tenant. No delay or omission in the exercise of any right or remedy accruing to either party upon any breach by the other party under this Lease shall impair such right or remedy or be construed as a waiver of any such breach theretofore or thereafter occurring. The waiver by either party of any breach of any provision of this Lease shall not be deemed to be a waiver of any subsequent breach of the same or any other provisions herein contained.
GENERAL WAIVERS. The Facility Guarantors WAIVE: presentment, demand, notice, and protest with respect to the Liabilities and this Guaranty; any delay on the part of the Agent or any other Secured Party; any right to require the Agent or any other Secured Party to pursue or to proceed against the Borrower or any one of the Facility Guarantors or any collateral which might have been granted to secure the Liabilities or to secure the obligations of any of the Facility Guarantors hereunder; any benefit of, and any right to participate in, any collateral which may secure the Liabilities; any claim which any of the Facility Guarantors may have or to which any of the Facility Guarantors may become entitled to the extent that such claim might otherwise cause any transfer to the Secured Parties by or on behalf of the Borrower to be avoided as having been, or in the nature of, a preference; and notice of acceptance of this Guaranty.
GENERAL WAIVERS. Each Guarantor WAIVES: presentment, demand, notice, and protest with respect to the Liabilities and this Guaranty; any delay on the part of the Lender; any right to require the Lender to pursue or to proceed against the Borrower or any collateral which might have been granted to secure the Liabilities or to secure the obligations of the Guarantors hereunder; any benefit of, and any right to participate in, any collateral which may secure the Liabilities; any claim which any Guarantor may have or to which any Guarantor may become entitled to the extent that such claim might otherwise cause any transfer to the Lender by or on behalf of the Borrower to be avoided as having been, or in the nature of, a preference; and notice of acceptance of this Guaranty. Each Guarantor WAIVES any claim, defense, or benefit which is based on any of the following (to the extent applicable notwithstanding the choice of Massachusetts law as governing this Guaranty): Section 580a, 580b, 580c, 580d, and 726, and Chapter 2 of Title 14 of the California Code of Civil Procedure or any similar law of California or of any other jurisdiction. Sections 2787 to 2856 inclusive, and 2899 and 3433 of the California Civil Code or any similar law of California or of any other jurisdiction. California Commercial Code Sections 3116, 3118, 3119, 3419, 3605, 9504 and 9507 or any similar law of California or of any other jurisdiction. Union Bank ▇. ▇▇▇▇▇▇▇ and subsequent judicial decisions arising out of or related to Sections 580a, 580b, 580c, 580d, and 726, and Chapter 2 of Title 14 of California Code of Civil Procedure or any similar law of California or of any other jurisdiction. WAIVERS CONCERNING ELECTION OF REMEDIES. Each Guarantor WAIVES any claim or defense which is based upon an election of remedies. In the event that the Liabilities or this Guaranty are secured by real estate, and in the event that the Lender elects to enforce the Lender’s rights against such real property by way of nonjudicial foreclosure through the exercise of the rights of power of sale, each Guarantor 5
More Definitions of GENERAL WAIVERS
GENERAL WAIVERS. The undersigned WAIVES: presentment, demand, notice, and protest with respect to the Liabilities and this Guaranty; any delay on the part of the Lender; any right to require the Lender to pursue or to proceed against the Borrower or any collateral which might have been granted to secure the Liabilities or to secure the obligations of the undersigned hereunder; any benefit of, and any right to participate in, any collateral which may secure the Liabilities; any claim which the undersigned may have or to which the undersigned may become entitled to the extent that such claim might otherwise cause any transfer to the Lender by, or on behalf of the Borrower to be avoided as having been, or in the nature of, a preference; and notice of acceptance of this Guaranty.
GENERAL WAIVERS. Each Guarantor WAIVES: presentment, demand, notice, and protest with respect to the Liabilities and this Guaranty; any delay on the part of the Lender; any right to require the Lender to pursue or to proceed against the Borrower or any collateral which might have been granted to secure the Liabilities or to secure the obligations of the Guarantors hereunder; any benefit of, and any right to participate in, any collateral which may secure the Liabilities; any claim which any Guarantor may have or to which any Guarantor may become entitled to the extent that such claim might otherwise cause any transfer to the Lender by or on behalf of the Borrower to be avoided as having been, or in the nature of, a preference; and notice of acceptance of this Guaranty. Each Guarantor WAIVES any claim, defense, or benefit which is based on any of the following (to the extent applicable notwithstanding the choice of Massachusetts law as governing this Guaranty): Section 580a, 580b, 580c, 580d, and 726, and Chapter 2 of Title 14 of the California Code of Civil Procedure or any similar law of California or of any other jurisdiction. Sections 2787 to 2856 inclusive, and 2899 and 3433 of the California Civil Code or any similar law of California or of any other jurisdiction. California Commercial Code Sections 3116, 3118, 3119, 3419, 3605, 9504 and 9507 or any similar law of California or of any other jurisdiction.