Common use of GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS Clause in Contracts

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each of the waivers set forth herein is made with Guarantor’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 3 contracts

Samples: Note Purchase Agreement (Aerie Pharmaceuticals Inc), Guaranty (Avadel Pharmaceuticals PLC), Guaranty (Flamel Technologies Sa)

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GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that each of the waivers set forth herein is made with Guarantor’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 3 contracts

Samples: Subsidiary Guaranty (Nexmed Inc), Guaranty (Ants Software Inc), Guaranty (Ants Software Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor agrees that each of the waivers set forth herein is above are made with Guarantor’s full knowledge of its significance and consequences consequences, and that, under the circumstances, agrees that the waivers are reasonable and not contrary to public policy or law. If any such waiver is of said waivers are determined to be contrary to any applicable law or public policy, such waiver waivers shall be effective only to the extent permitted by law or public policylaw.

Appears in 2 contracts

Samples: Berry Petroleum Co, Berry Petroleum Co

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that each of the waivers set forth herein is made with Guarantor’s 's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Nexmed Inc), Nexmed Inc

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each of the waivers set forth herein is made with Guarantor’s Guarantors’ full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Samples: Facilities Agreement (AAC Holdings, Inc.), Facility Agreement (AAC Holdings, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that each of the waivers set forth herein above is made with each Guarantor’s 's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Continuing and Unconditional Guaranty (NewLake Capital Partners, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each of the waivers set forth herein is made with such Guarantor’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Subsidiary Guaranty (Composite Technology Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that Guarantor has had the opportunity to consult counsel or has waived its right to do so, each of the waivers set forth herein above is made with Guarantor’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or lawreasonable. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy, but to the full extent so permitted.

Appears in 1 contract

Samples: Ground Lease Agreement

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GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that each of the waivers set forth herein above is made with Guarantor’s 's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or lawreasonable. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy, but to the full extent so permitted.

Appears in 1 contract

Samples: Guaranty Agreement

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that each of the waivers set forth herein above is made with Guarantor’s full knowledge of its their significance and consequences consequences, and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nevada Gold & Casinos Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that each of the waivers set forth herein is made with such Guarantor’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Nexaira Wireless Inc.

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants that each of the waivers set forth herein above is made with Guarantor’s 's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such suc;h waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Samples: Guaranty Agreement (Pope Resources LTD Partnership)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Each Guarantor warrants and agrees that each of the waivers set forth herein above is made with Guarantor’s 's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy. 5.

Appears in 1 contract

Samples: Loan and Security Agreement (Cue Health Inc.)

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