Common use of Pledgor Waivers Clause in Contracts

Pledgor Waivers. Pledgor waives any right to require Bank to (a) proceed against Borrower, any Guarantor or any other person; (b) proceed against or exhaust any security held from Borrower or any Guarantor;

Appears in 1 contract

Sources: Stock Pledge and Security Agreement (General Automation Inc)

Pledgor Waivers. Pledgor waives any right to require Bank to (a) proceed against Borrower, any Guarantor guarantor or any other person; (b) proceed against or exhaust any security held from Borrower or any Guarantor;

Appears in 1 contract

Sources: Stock Pledge Agreement (Technest Holdings Inc)

Pledgor Waivers. Pledgor waives any right to require Bank to (a) --------------- proceed against Borrower, any Guarantor other guarantor or any other person; (b) proceed against or exhaust any security held from Borrower or any Guarantor;

Appears in 1 contract

Sources: Third Party Security Agreement (Premier Laser Systems Inc)

Pledgor Waivers. Pledgor waives any right to require Bank to (a) proceed against Borrower, any Guarantor Borrower or any other person; (b) proceed against or exhaust any security held from Borrower or any Guarantor;

Appears in 1 contract

Sources: Third Party Pledge and Security Agreement (Sunrise Technologies International Inc)