No Exhaustion Sample Clauses

No Exhaustion. Metallica hereby waives any legal or equitable requirement that Glamis institute any action or exhaust any remedies against Raleigh and/or MSX before proceeding under the Guaranty contained in Section 2. Glamis shall have no obligation to G-3 <PAGE> provide Metallica with any information or notice whatsoever regarding the following: (i) any amendment or modification of any of the Guaranteed Instruments; or (ii) any performance or non-performance by Raleigh or MSX of its or their obligations under any of the Guaranteed Instruments. Raleigh and/or MSX may amend, enlarge, or replace the terms of any or all of the Guaranteed Instruments, or any of its or their obligations thereunder without the consent of Metallica and without effect upon the validity of this Guaranty. This Guaranty shall be binding and enforceable upon Metallica withstanding any bankruptcy or similar or related filing or liquidation or dissolution on the part of Raleigh or MSX. 5.
Sample 1
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No Exhaustion. Guarantor hereby waives any legal or equitable requirement that MHC institute any action or exhaust any remedies against Borrower before proceeding under this Guaranty Agreement. Borrower may amend, enlarge or replace this Agreement or any of its obligations thereunder without the consent of the Guarantor and without effect upon the validity of the Note. This Guaranty Agreement shall be binding and enforceable upon the Guarantor, notwithstanding any bankruptcy or similar or related filing or liquidation or dissolution on the part of Borrower.
Sample 1
No Exhaustion. The rights of Lionhart, LHI and GEP, under this Guaranty, are cumulative, and shall not be exhausted by their respective exercise of any of their respective rights under this Guaranty or otherwise against the Guarantors, or by any number of successive actions until and unless each and all of the Indebtedness and Obligations have been punctually, timely, completely and fully paid, performed, satisfied and discharged.
Sample 1
No Exhaustion. Notwithstanding any payment by ACLA to TWTI of a Transfer Price for Cleavage Enzyme under this Agreement, ACLA acknowledges and agrees that all amounts set forth as being payable pursuant to the License Agreement from the sale of the Licensed Products shall be payable to TWTI. In particular, no transfer of Cleavage Enzyme to ACLA shall be considered to exhaust TWTI's right to receive payments under the License Agreement, it being acknowledged that the Transfer Prices for Cleavage Enzyme have not been established in a manner intended to fully compensate TWTI for the Cleavage Enzyme or licenses under the License Agreement.
Sample 1

Related to No Exhaustion

  • No Pending Claims You represent and warrant that you have no charges, lawsuits, or actions pending in your name against any of the Released Parties relating to any claim that has been released in this Agreement. You also represent and warrant that you have not assigned or transferred to any third party any right or claim against any of the Released Parties that you have released in this Agreement.

  • No Pending Proceedings That there are no lawsuits or proceedings pending or threatened which affect its ability to perform the terms of this Agreement.

  • No Actions, Claims, Etc As of the date hereof, each of the Credit Parties hereby acknowledges and confirms that it has no knowledge of any actions, causes of action, claims, demands, damages and liabilities of whatever kind or nature, in law or in equity, against the Administrative Agent, the Lenders, or the Administrative Agent’s or the Lenders’ respective officers, employees, representatives, agents, counsel or directors arising from any action by such Persons, or failure of such Persons to act under the Credit Agreement on or prior to the date hereof.

  • No Litigation Pending There is no action, suit, proceeding or investigation pending or threatened against the Servicer which, either in any one instance or in the aggregate, may result in any material adverse change in the business, operations, financial condition, properties or assets of the Servicer, or in any material impairment of the right or ability of the Servicer to carry on its business substantially as now conducted, or in any material liability on the part of the Servicer, or which would draw into question the validity of this Agreement or of any action taken or to be taken in connection with the obligations of the Servicer contemplated herein, or which would be likely to impair materially the ability of the Servicer to perform under the terms of this Agreement;

  • No Challenge Stockholder agrees not to commence, join in, facilitate, assist or encourage, and agrees to take all actions necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Parent, Merger Sub, the Company or any of their respective successors or directors (a) challenging the validity of, or seeking to enjoin the operation of, any provision of this Parent Support Agreement or (b) alleging a breach of any fiduciary duty of any Person in connection with the evaluation, negotiation or entry into the Merger Agreement.

  • No Claims SpinCo shall not make, and shall not permit any other member of the SpinCo Group to make, any claim or demand, or commence any Action asserting any claim or demand, including any claim of contribution or any indemnification, against Parent or any other member of the Parent Group, or any other Person released pursuant to Section 4.1(a), with respect to any Liabilities released pursuant to Section 4.1(a). Parent shall not make, and shall not permit any other member of the Parent Group to make, any claim or demand, or commence any Action asserting any claim or demand, including any claim of contribution or any indemnification, against SpinCo or any other member of the SpinCo Group, or any other Person released pursuant to Section 4.1(b), with respect to any Liabilities released pursuant to Section 4.1(b).

  • No Exception The Custodian has not noted any material exceptions on a Custodial Mortgage Loan Schedule with respect to the Mortgage Loan which would materially adversely affect the Mortgage Loan or Buyer’s interest in the Mortgage Loan.

  • No Debarment In the course of the research or development of the Research Products, each Party shall not use any employee or consultant who has been debarred by any Regulatory Authority, or, to such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. Each Party shall notify the other Party promptly upon becoming aware that any of its employees or consultants has been debarred or is the subject of debarment proceedings by any Regulatory Authority.

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