Common use of Holder’s Actions Clause in Contracts

Holder’s Actions. Notwithstanding any other waivers by the Guarantor pursuant to this Guaranty and except as prohibited by applicable law, the Guarantor waives any right to require a Holder to: (i) continue lending money or to extend other credit to the Company; (ii) resort for payment or to proceed directly or at once against any person, including the Company or any other guarantor; (iii) commit any act or omission of any kind at any time with respect to any matter whatsoever; or (iv) demand and/or enforce compliance with the terms of any agreement by any other party thereto.

Appears in 4 contracts

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

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Holder’s Actions. Notwithstanding any other waivers by the a Guarantor pursuant to this Guaranty and except as prohibited by applicable law, the each Guarantor waives any right to require a the Holder to: (i) continue lending money or to extend other credit to the Company; Company or (ii) resort for payment or to proceed directly or at once against any personPerson, including the Company or any other guarantor; (iii) commit any act or omission of any kind at any time with respect to any matter whatsoever; or (iv) demand and/or enforce compliance with the terms of any agreement by any other party thereto.

Appears in 1 contract

Samples: Subsidiary Guaranty (Composite Technology Corp)

Holder’s Actions. Notwithstanding any other waivers by the Guarantor pursuant to this Guaranty and except as prohibited by applicable law, the Guarantor waives any right to require a the Holder to: (i) continue lending money or to extend other credit to the Company; (ii) resort for payment or to proceed directly or at once against any person, including the Company or any other guarantor; (iii) commit any act or omission of any kind at any time with respect to any matter whatsoever; or (iv) demand and/or enforce compliance with the terms of any agreement by any other party thereto.

Appears in 1 contract

Samples: Guaranty (Ants Software Inc)

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Holder’s Actions. Notwithstanding any other waivers by the Guarantor Guarantors pursuant to this Guaranty and except as prohibited by applicable law, the each Guarantor waives any right to require a Holder to: (i) continue lending money or to extend other credit to the Company; (ii) resort for payment or to proceed directly or at once against any person, including the Company or any other guarantor; (iii) commit any act or omission of any kind at any time with respect to any matter whatsoever; or (iv) demand and/or enforce compliance with the terms of any agreement by any other party thereto.

Appears in 1 contract

Samples: Nexaira Wireless Inc.

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