Guarantor expressly waives Sample Clauses
The "Guarantor expressly waives" clause defines the specific rights or defenses that the guarantor voluntarily gives up in connection with a guarantee agreement. In practice, this clause may require the guarantor to forgo rights such as receiving notice of default, requiring the creditor to first pursue the primary debtor, or demanding certain procedural protections before being held liable. By including this waiver, the clause ensures that the creditor can enforce the guarantee more efficiently and without procedural delays, thereby reducing obstacles to recovery and clarifying the guarantor's obligations.
Guarantor expressly waives. (i) notice of the acceptance by Landlord of this Guaranty; (ii) notice of the existence, creation, payment or nonpayment of the Liabilities; (iii) presentment, demand, notice of dishonor, protest and all other notices whatsoever, except as otherwise specifically set forth in this Guaranty; and (iV) any failure by Landlord to inform Guarantor of any facts Landlord may now or hereafter know about Tenant, the Lease or the Premises, it being understood and agreed that Guarantor has and will maintain personal knowledge of and is familiar with Tenant's financial condition and business affairs and has the ability to influence Tenant's decision-making processes, and that Landlord has no duty so to inform, and that Guarantor is fully responsible for being and remaining informed by, Tenant of all circumstances bearing on the Lease and this Guaranty. No modification or waiver of any of the provisions of this Guaranty will be binding upon Landlord except as expressly set forth in a writing duly signed and delivered on behalf of Landlord.
Guarantor expressly waives. (a) Notice of acceptance of this Guaranty; (b) Presentment and demand for payment of the Note; (c) Protest and notice of protest, dishonor or default to Guarantor or to any other party with respect to the Note or any security for the Note; (d) Demand for payment under this Guaranty;
(e) Notice of disposition of any security for the Note; and (f) all rights of indemnity, exoneration, reimbursement, contribution and/or subrogation of Guarantor against Borrower.
Guarantor expressly waives