Common use of Notice/ Demand Clause in Contracts

Notice/ Demand. (a) Any notice or demand to be given to the parties hereunder shall be deemed to have been given to and received by them and shall be effective when personally delivered or when deposited in the U.S. mail, certified or registered mail, return receipt requested, postage prepaid, and addressed to the party at his or its last known address, or at such other address as the one of the parties may hereafter designate in writing to the other party (b) RLBY hereby waives presentment for payment, protest, demand, notice of protest, notice of dishonor, notice of nonpayment, and expressly agrees that this Note, or any payment hereunder, may be extended from time to time by Lone Star Value Co-Invest I or Loan Star Value Co-Invest I agents without in any way affecting RLBY’s liability hereunder.