Waiver by Guarantor Sample Clauses

Waiver by Guarantor. Guarantor covenants and agrees that, upon the commencement of a voluntary or involuntary bankruptcy proceeding by or against Borrower, Guarantor shall not seek or cause Borrower or any other person or entity to seek a supplemental stay or other relief, whether injunctive or otherwise, pursuant to 11 U.S.C. § 105 or any other provision of the Bankruptcy Reform Act of 1978, as amended, or any other debtor relief law, (whether statutory, common law, case law or otherwise) of any jurisdiction whatsoever, now or hereafter in effect, which may be or become applicable, to stay, interdict, condition, reduce or inhibit the ability of Lender to enforce any rights of Lender against Guarantor or the collateral for the Loan by virtue of this Guaranty or otherwise.
Waiver by Guarantor. Guarantor hereby waives any right to require any Secured Party to (a) proceed against Huntway, any other guarantor of the obligations of Huntway under the Financing Agreements or any other Person, (b) proceed against or exhaust any security held from Huntway, any other guarantor of the obligations of Huntway under the Financing Agreements or any other Person, or (c) pursue any other remedy in any Secured Party's power whatsoever. Guarantor waives any defense arising by reason of any disability or other defense of Huntway including, without limitation, any defense based on or arising out of the enforceability of the Indebtedness of Huntway to any Secured Party or by reason of the cessation from any cause whatsoever of the liability of Huntway other than payment in full of the Indebtedness. Until the Indebtedness of Huntway to the Secured Parties shall have been paid in full, Guarantor shall withhold exercise of (i) any right of subrogation, (ii) any right to enforce any remedy which the Secured Parties now have or may hereafter have against Huntway or (iii) any benefit of, and any right to participate in, any security now or hereafter held by the Secured Parties. Guarantor waives all (w) set-offs, counterclaims, presentments, (x) protests, notices of protests, notices of dishonor and notices of any action or non-action, including acceptance of this Guaranty, notices of default under the Financing Agreements or any agreement related thereto and notice of any other extension of credit to Huntway, (y) any right to deferral or modification of Guarantor's obligations hereunder by reason of any bankruptcy, reorganization, arrangement, moratorium or other debtor relief proceeding and (z) to the fullest extent permitted by law and to the extent applicable, any defense or benefit that may be derived from or afforded by law which limit the liability of or exonerate guarantors or sureties, including, without limitation, California Civil Code Sections 2809, 2810, 2819, 2845, 2847, 2848, 2849 and 2850.
Waiver by Guarantor. The Guarantor hereby waives any right to require the Landlord to proceed against the Tenant or to pursue any other remedy whatsoever which may be available to the Landlord before proceeding against the Guarantor.
Waiver by Guarantor. The Guarantor irrevocably waives (a) acceptance hereof, presentment, demand for performance, promptness, diligence, notice of non-performance, default, acceleration, protest or dishonor and any notice not provided for herein, (b) any requirement that at any time any action be taken by any Person against the Borrower or any other Person, (c) any right to revoke this Guaranty, and (d) any defense based on any right of set-off, recoupment, counterclaim, withholding or other deduction of any nature against or in respect of the Obligations.
Waiver by Guarantor. Guarantor agrees that upon the commencement of a voluntary or involuntary bankruptcy proceeding by or against Borrower, Guarantor shall not or cause Borrower or any other person or entity to seek a supplemental stay, pursuant to 11 U.S.C. §105 or any other provision of Title 11 United States Code, as amended, or any other Guarantor relief law (whether statutory, common law, case law, or otherwise) of any jurisdiction whatsoever, now or hereafter in effect, which may be or become applicable, to stay, interdict, condition, reduce or inhibit the ability of Lender to enforce any rights of Lender against Guarantor by virtue of this Guaranty or otherwise.
Waiver by Guarantor. Each Guarantor hereby waives absolutely and irrevocably any claim which it may have against any Borrower or any of their respective Affiliates (other than any right to contribution pursuant to Section 1(d) hereof) by reason of any payment to the Agents, Collateral Agent or any Bank, or to any other Person pursuant to or in respect of this Guarantee, including any claims by way of subrogation, contribution, reimbursement, indemnity or otherwise, until the Guaranteed Obligations are paid in full.
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Waiver by Guarantor. The Guarantor agrees that the Beneficiaries may at any time and from time to time, either before or after the maturity thereof, without notice to or further consent of the Guarantor, extend the time of payment of, exchange or surrender any collateral for, or renew any of the Guaranteed Obligations, and may also make any agreement with the Issuer for the extension, renewal, payment, compromise, discharge, or release thereof, in whole or in part, for any modification of the terms thereof or of any agreement between any of the Beneficiaries and the Issuer without in any way impairing or affecting this Guarantee. The Guarantor hereby waives notice of acceptance of this Guarantee, diligence, acceleration, presentment, notice of default or demand of payment to or upon the Issuer or the Guarantor, filing of claims with a court in the event of merger or bankruptcy of the Issuer, any right or requirement to proceed first against the Issuer, any protest or notice with respect to the Note Purchase Agreement or the obligations created or evidenced thereby and all demands whatsoever, any exchange, sale or surrender of, or realization on, any other guarantee or any collateral, and any and all other notices and surety defenses (other than payment in full) whatsoever. The Beneficiaries shall not be obligated to file any claim relating to the Guaranteed Obligations in the event that Issuer becomes subject to a bankruptcy, reorganization or similar proceeding, and the failure of the Beneficiaries to so file shall not affect the Guarantor’s obligations hereunder.
Waiver by Guarantor. 5.1 The Guarantor hereby waives any rights which the Guarantor may have to require the Security Trustee first to enforce any of the other Finance Documents or claim payment from the Borrower or any other person, before enforcing any rights of the Security Trustee against the Guarantor under this Guarantee.
Waiver by Guarantor. Each Guarantor waives acceptance hereof, presentment, demand, protest and, to the fullest extent permitted by law, any notice not provided for herein, as well as any requirement that at any time any action be taken or any recourse exhausted by any Person against the Borrower, any Guarantor hereunder, or any other Person.
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