General Waivers. To the fullest extent permitted by Applicable Law, --------------- Borrower and all Obligors waive (i) presentment, demand and protest and notice of presentment, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of any or all commercial paper, accounts, contract rights, documents, instruments, chattel paper and guaranties at any time held by Bank on which Obligors may in any way be liable; (ii) notice prior to Bank's taking possession or control of any collateral or any bond or security which might be required by any court prior to allowing Bank to exercise any of Bank's remedies, including the issuance of an immediate writ of possession; (iii) the benefit of all valuation, appraisement and exemption laws; (iv) any right Obligor may have upon payment in full of the Obligations to require Bank to terminate its security interest in any collateral until the execution by Obligors of an agreement indemnifying Bank from any loss or damage Bank may incur as the result of dishonored checks or other items of payment received by Bank from Obligors or any Account Debtor and applied to the obligations owed to Bank; and (v) notice Bank's acceptance hereof or of any document required hereby.
Appears in 2 contracts
Sources: Loan Agreement (Color Imaging Inc), Loan Agreement (Color Imaging Inc)
General Waivers. To the fullest extent permitted by Applicable --------------- Law, --------------- Borrower and all Obligors waive
waive (i) presentment, demand and protest and notice of presentment, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of any or all commercial paper, accounts, contract rights, documents, instruments, chattel paper and guaranties at any time held by Bank on which Obligors may in any way be liable; (ii) notice prior to Bank's taking possession or control of any collateral or any bond or security which might be required by any court prior to allowing Bank to exercise any of Bank's remedies, including the issuance of an immediate writ of possession; (iii) the benefit of all valuation, appraisement and exemption laws; (iv) any right Obligor may have upon payment in full of the Obligations to require Bank to terminate its security interest in any collateral until the execution by Obligors of an agreement indemnifying Bank from any loss or damage Bank may incur as the result of dishonored checks or other items of payment received by Bank from Obligors or any Account Debtor and applied to the obligations owed to Bank; and (v) notice of Bank's acceptance hereof or of any document required hereby.
Appears in 2 contracts
Sources: Loan Agreement (Color Imaging Inc), Loan Agreement (Color Imaging Inc)
General Waivers. To the fullest extent permitted by Applicable Law, --------------- Borrower and all Obligors waivewaives
(i) presentment, demand and protest and notice of presentment, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of any or all commercial paper, accounts, contract rights, documents, instruments, chattel paper and guaranties at any time held by Bank on which Obligors Borrower may in any way be liable; (ii) notice prior to Bank's Banks taking possession or control of any collateral of the Collateral or any bond or security which might be required by any court prior to allowing Bank to exercise any of Bank's remedies, including the issuance of an immediate writ of possession; (iii) the benefit of all valuation, appraisement and exemption laws; (iv) any right Obligor Borrower may have upon payment in full of the Obligations to require Bank to terminate its security interest in any collateral the Collateral until the execution by Obligors Borrower of an agreement indemnifying Bank from any loss or damage Bank may incur as the result of dishonored checks or other items of payment received by Bank from Obligors Borrower or any Account Debtor and applied to the obligations owed to BankObligations; and (v) notice of Bank's acceptance hereof or of any document required herebyLoan Document.
Appears in 2 contracts
Sources: Loan and Security Agreement (Color Imaging Inc), Loan and Security Agreement (Color Imaging Inc)
General Waivers. To the fullest extent permitted by Applicable Law, --------------- Borrower and all Obligors waive
waives (i) presentment, demand and protest and notice of presentment, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of any or all commercial paper, accounts, contract rights, documents, instruments, chattel paper and guaranties at any time held by Bank on which Obligors Borrower may in any way be liable; (ii) notice prior to Bank's taking possession or control of any collateral of the Collateral or any bond or security which might be required by any court prior to allowing Bank to exercise any of Bank's remedies, including the issuance of an immediate writ of possession; (iii) the benefit of all valuation, appraisement and exemption laws; (iv) any right Obligor Borrower may have upon payment in full of the Obligations to require Bank to terminate its security interest in any collateral the Collateral until the execution by Obligors Borrower of an agreement indemnifying Bank from any loss or damage Bank may incur as the result of dishonored checks or other items of payment received by Bank from Obligors Borrower or any Account Debtor and applied to the obligations owed to BankObligations; and (v) notice of Bank's acceptance hereof or of any document required herebyLoan Document.
Appears in 2 contracts
Sources: Loan and Security Agreement (Petmed Express Inc), Loan and Security Agreement (Color Imaging Inc)
General Waivers. To the fullest extent permitted by Applicable --------------- Law, --------------- Borrower and all Obligors waive
waive (i) presentment, demand and protest and notice of presentment, protest, default, nonpayment, maturity, -release, compromise, settlement, extension or renewal of any or all commercial paper, accounts, contract rights, documents, instruments, chattel paper and guaranties at any time held by Bank on which Obligors may in any way be liable; (ii) notice prior to Bank's taking possession or control of any collateral or any bond or security which might be required by any court prior to allowing Bank to exercise any of Bank's remedies, including the issuance of an immediate writ of possession; (iii) the benefit of all valuation, appraisement and exemption laws; (iv) any right Obligor may have upon payment in full of the Obligations to require Bank to terminate its security interest in any collateral until the execution by Obligors of an agreement indemnifying Bank from any loss or damage Bank may incur as the result of dishonored checks or other items of payment received by Bank from Obligors or any Account Debtor and applied to the obligations owed to Bank; and (v) notice of Bank's acceptance hereof or of any document required hereby.
Appears in 2 contracts
Sources: Loan Agreement (Color Imaging Inc), Loan Agreement (Color Imaging Inc)
General Waivers. To the fullest extent permitted by Applicable Law, --------------- Borrower and all Obligors waive
waives (i) presentment, demand and protest and notice of presentment, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of any or all commercial paper, accounts, contract rights, documents, instruments, chattel paper and guaranties at any time held by Bank Lenders on which Obligors Borrower may in any way be liable; (ii) notice prior to Bank's Lenders' taking possession or control of any collateral of the Collateral or any bond or security which might be required by any court prior to allowing Bank Lenders to exercise any of Bank's Lenders' remedies, including the issuance of an immediate writ of possession; (iii) the benefit of all valuation, appraisement and exemption laws; (iv) any right Obligor Borrower may have upon payment in full of the Obligations to require Bank Lenders to terminate its their security interest in any collateral the Collateral until the execution by Obligors Borrower of an agreement indemnifying Bank Lenders from any loss or damage Bank Lenders may incur as the result of dishonored checks or other items of payment received by Bank Lenders from Obligors Borrower or any Account Debtor and applied to the obligations owed to BankObligations; and (v) notice Bank's of Lenders' acceptance hereof or of any document required herebyLoan Document.
Appears in 1 contract
Sources: Loan and Security Agreement (Comtech Telecommunications Corp /De/)
General Waivers. To the fullest extent permitted by Applicable Law, --------------- Borrower and all Obligors waive
waives (i) a presentment, demand and protest and notice of presentment, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of any or all commercial paper, accounts, contract rights, documents, instruments, chattel paper and guaranties at any time held by Bank on which Obligors Borrower may in any way be liable; (iib) notice prior to Bank's taking possession or control of any collateral of the Collateral or any bond or security which might be required by any court prior to allowing Bank to exercise any of Bank's remedies, including the issuance of an immediate writ of possession; (iiic) the benefit of all valuation, appraisement and exemption laws; (ivd) any right Obligor Borrower may have upon payment in full of the Obligations to require Bank to terminate its security interest in any collateral the Collateral until the execution by Obligors Borrower of an agreement indemnifying Bank from any loss or damage Bank may incur as the result of dishonored checks or other items of payment received by Bank from Obligors Borrower or any Account Debtor and applied to the obligations owed to BankObligations; and (ve) notice of Bank's acceptance hereof or of any document required herebyLoan Document.
Appears in 1 contract
General Waivers. To the fullest extent permitted by Applicable Law, --------------- Borrower Delaware Color and all Obligors waive
Guarantors waive (i) presentment, demand and protest and notice of presentment, protest, default, nonpayment, maturity, release, compromise, settlement, extension or renewal of any or all commercial paper, accounts, contract rights, documents, instruments, chattel paper and guaranties at any time held by Bank on which Obligors may in any way be liable; (ii) notice prior to Bank's taking possession or control of any collateral or any bond or security which might be required by any court prior to allowing Bank to exercise any of Bank's remedies, including the issuance of an immediate writ of possession; (iii) the benefit of all valuation, appraisement and exemption laws; (iv) any right Obligor may have upon payment in full of the Obligations to require Bank to terminate its security interest in any collateral until the execution by Obligors of an agreement indemnifying Bank from any loss or damage Bank may incur as the result of dishonored checks or other items of payment received by Bank from Obligors any obligor or any Account Debtor and applied to the obligations owed to Bank; and (v) notice of Bank's acceptance hereof or of any document required hereby.
Appears in 1 contract
Sources: Partial Loan Liability Release Agreement (Color Imaging Inc)