Common use of Waiver and Estoppel Clause in Contracts

Waiver and Estoppel. (a) To the extent it may lawfully do so, the Borrower agrees that, during any Default Period, it will not at any time in any manner whatsoever claim or take the benefit or advantage of any appraisement, valuation, stay, extension, moratorium, turnover or redemption law, or any law permitting it to direct the order in which the Collateral shall be sold, now or at any time hereafter in force, which may delay, prevent or otherwise affect the performance or enforcement of this Agreement or any other Security Document, and the Borrower hereby waives all benefit or advantage of all such laws, to the extent that it may lawfully do so, and covenants that it will not hinder, delay or impede the execution of any power granted to the Security Agent in this Agreement or any other Security Document but will suffer and permit the execution of every such power as though no such law were in force.

Waiver and Estoppel. (a) To Subject to the terms of the Loan Documents, each Grantor agrees, to the extent it may lawfully do so, the Borrower agrees that, during any Default Period, that it will not at any time in any manner whatsoever claim claim, or take the benefit or advantage of of, any appraisement, valuation, stay, extension, moratorium, turnover or redemption law, or any law permitting it to direct the order in which the Collateral shall be sold, now or at any time hereafter in force, which may delay, prevent or otherwise affect the performance or enforcement of this Agreement or any other Security Document, Loan Document and the Borrower hereby waives all benefit or advantage of all such laws, to the extent that it may lawfully do so, laws and covenants that it will not hinder, delay or impede the execution of any power granted to the Security Administrative Agent in this Agreement or any other Security Loan Document but will suffer and permit the execution of every such power as though no such law were in force.

Waiver and Estoppel. (a) To The Borrower hereby agrees, to the extent it may do so lawfully do soand without violation of its fiduciary obligations, the Borrower agrees that, during any Default Period, that it will not at any time in any manner whatsoever claim claim, or take the benefit or advantage of of, any appraisement, valuation, stay, extension, moratorium, turnover or redemption law, or any law permitting it to direct the order in which the Collateral shall be sold, now or at any time hereafter in force, which may delay, prevent or otherwise affect the performance or enforcement of this Agreement Trust Agreement, any Guarantee or any other Security Document, Document and the Borrower hereby waives all benefit or advantage of all such laws, to and the extent that it may lawfully do so, and Borrower hereby covenants that it will not hinder, delay or impede the execution of any power granted to the Security Agent Trustees in this Agreement Trust Agreement, any Guarantee or any other Security Document but will suffer and permit the execution of every such power as though no such law were in force.

Waiver and Estoppel. (a) To the extent it may lawfully do sopermitted by applicable law, the Borrower hereby agrees that, during any Default Period, that it will not at any time in any manner whatsoever claim claim, or take the benefit or advantage of of, any appraisement, valuation, stay, extension, moratorium, turnover or redemption law, or any law permitting it to direct the order in which the Collateral shall be sold, now or at any time hereafter in force, which that may delay, prevent or otherwise affect the performance or enforcement of this Agreement or any other Security Loan Document, and to the Borrower hereby extent permitted by applicable law, waives all benefit or advantage of all such laws, to and the extent that it may lawfully do so, and Borrower hereby covenants that it will not hinder, delay or impede the execution of any power granted to the Security Collateral Agent in this Agreement or any other Security Loan Document but will suffer and permit the execution of every such power as though no such law were in force.

Waiver and Estoppel. (a) 8.15.1 To the extent it may lawfully do sopermitted by applicable law, each of the Borrower Borrowers hereby agrees that, during any Default Period, that it will not at any time time, in any manner whatsoever claim whatsoever, claim, or take the benefit or advantage of of, any appraisement, valuation, stay, extension, moratorium, turnover or redemption law, or any law permitting it to direct the order in which the Collateral Secured Property shall be sold, now or at any time hereafter in force, which that may delay, prevent or otherwise affect the performance or enforcement of this Agreement or any other Security Financing Document, and to the Borrower hereby extent permitted by applicable law, waives all benefit or advantage of all such laws, to the extent that it may lawfully do so, and each Borrower hereby covenants that it will not hinder, delay or impede the execution of any power granted to the Security Agent IDB in this Agreement or any other Security Financing Document but will suffer and permit the execution of every such power as though no such law were in force.