Waiver by Pledgor. Secured Party has no obligation and Pledgor waives any obligation to attempt to satisfy the Obligations by collecting the obligations from any third parties and Secured Party may release, modify or waive any collateral provided by any third party to secure any of the Obligations, all without affecting the Secured Party’s rights against Pledgor. Pledgor further waives any obligation on the part of Secured Party to marshal any assets in favor of Pledgor or in payment of the Obligations. Notwithstanding any provisions in this Agreement or any other agreement between Pledgor, the Secured Party, Pledgor does not waive any statutory rights except to the extent that the waiver thereof is permitted by law.
Waiver by Pledgor. The Pledgor waives (to the extent permitted by applicable law) any right to require any Secured Party or any other obligee of the Secured Obligations to (a) proceed against any other Pledgor or any Person, including without limitation any Guarantor, (b) proceed against or exhaust any Collateral or other collateral for the Secured Obligations, or (c) pursue any other remedy in its power; and waives (to the extent permitted by applicable law) any defense arising by reason of any disability or other defense of any other Pledgor or any other Person, including without limitation any Guarantor, or by reason of the cessation from any cause whatsoever of the liability of any other Pledgor or any other Person, including without limitation, any Guarantor. The Agent may at any time deliver (without representation, recourse or warranty) the Collateral or any part thereof to the Pledgor and the receipt thereof by the Pledgor shall be a complete and full acquittance for the Collateral so delivered, and the Agent shall thereafter be discharged from any liability or responsibility therefor.
Waiver by Pledgor. Pledgor waives (to the extent permitted by applicable law) any right to require Secured Party or any other obligee of the Secured Obligations to (a) proceed against the Subsidiary or any other person or entity, (b) proceed against or exhaust any Collateral, or (c) pursue any other remedy in its power; and waives (to the extent permitted by applicable law) any defense arising by reason of any disability or other defense of the Subsidiary or any other person or entity, or by reason of the cessation from any cause whatsoever of the liability of the Subsidiary or any other person or entity. Pledgor shall not have the right of subrogation, and Pledgor waives any right to enforce any remedy which the Secured Party or any other obligee of the Secured Obligations now has or may hereafter have against any other person or entity and waives (to the extent permitted by applicable law) any benefit of and any right to participate in any collateral or security whatsoever now or hereafter held by the Secured Party. Pledgor authorizes the Secured Party and any other obligee of the Secured Obligations without notice (except notice required by applicable law) or demand and without affecting its liability hereunder or under the Notes from time to time to: (I) take and hold security, other than the Collateral herein described, for the payment of such Secured Obligations or any part thereof, and exchange, enforce, waive and release the Collateral herein described or any part thereof or any such other security; and apply such Collateral or other security and direct the order or manner of sale thereof as the Secured Party or obligee in its discretion may determine. The Secured Party may at any time deliver or cause to be delivered (without representation, recourse or warranty) the Collateral or any part thereof to Pledgor and the receipt thereof by Pledgor shall be a complete and full acquittance for the Collateral so delivered, and the Secured Party shall thereafter be discharged from any liability or responsibility therefor.
Waiver by Pledgor. The Pledgor waives (to the extent permitted by applicable law) any right to require the Secured Party or any other obligee of the Secured Obligations to (a) proceed against any other Pledgor or any Person, including without limitation any Guarantor, (b) proceed against or exhaust any Collateral or other collateral for the Secured Obligations, or (c) pursue any other remedy in its power; and waives (to the extent permitted by applicable law) any defense arising by reason of any disability or other defense of any other Pledgor or any other Person, including without limitation any Guarantor, or by reason of the cessation from any cause
Waiver by Pledgor. Pledgor waives notices of the creation, ----------------- advance, increase, existence, extension, or renewal of, and of any indulgence with respect to, the Notes; waives presentment, demand, notice of dishonor, and protest; and waives notice of the amount of the Notes outstanding at any time, notice of any change in financial condition of any party liable for the Notes or any part thereof (including any guarantor or surety), notice of any default or Event of Default, and all other notices respecting the Notes. No renewal or extension of or any other indulgence with respect to the Notes or any part thereof, no release of any security, no release of any party (including any maker, endorser, guarantor, or surety) liable on the Notes, no delay in enforcement of payment, and no delay, omission, or lack of diligence or care in exercising any rights with respect to the Notes, any security therefor, or guaranty thereof shall in any manner impair or affect the rights of Secured Party under any law, in equity under this Agreement. Secured Party need not file suit or assert a claim for judgment against any party for any part of the Notes or seek to realize upon any other security for the Notes, before foreclosing upon the Collateral for the purpose of paying the Notes. Pledgor waives any right to the benefit of, or to require or control application of, any other security or proceeds thereof, and agrees that Secured Party shall have no duty or obligation to Pledgor to apply to the Notes any such other security or proceeds thereof.
Waiver by Pledgor. 8.1 Pledgor waives any right to require Lender to (a) proceed against any person, (b) proceed against or exhaust the Collateral or any other collateral or security for the Note, or (c) pursue any other remedy in Lender's power, including but not limited to pursuit of any rights which Lender may have against any person or against any other collateral, security or guaranty, and Pledgor waives any defense arising by reason of any disability or other defense of any person, or by reason of the cessation from any cause whatsoever of the liability of any other person. Until all indebtedness to the Lender shall have been paid in full, Pledgor shall have no right of subrogation, and Pledgor waives any right to enforce any remedy which it now has or may hereafter have against any other person and waives any benefit of and any right to participate in any collateral or security whatsoever now or hereafter held by Lender except as otherwise specified herein.
Waiver by Pledgor. The Pledgor waives (to the extent permitted ----------------- by applicable law) any right to require any Secured Party or any other obligee of the Obligations to (a) proceed against any Person or entity, (b) proceed against or exhaust any collateral, or (c) pursue any other remedy in its power; and waives (to the extent permitted by applicable law) any defense arising by reason of any disability or other defense of any other Person, or by reason of the cessation from any cause whatsoever of the liability of any other Person or entity. The Agent may at any time deliver (without representation, recourse or warranty) the Collateral or any part thereof to the Pledgor and the receipt thereof by the Pledgor shall be a complete and full acquittance for the Collateral so delivered, and the Secured Parties shall thereafter be discharged from any liability or responsibility therefor.
Waiver by Pledgor. Except as otherwise provided herein, to the full extent permitted by law, PLEDGOR waives presentment, demand, notice of default, notice of dishonor, notices of extensions or renewals relating to the Obligations, protest and all other forms of demand and notice of every kind and description which may be required to be given with respect to the Obligations and Collateral. PLEDGOR consents, with respect both to the Obligations and Collateral, to any extension or postponement of the time of payment or any other indulgence, to any substitution, exchange or release of Collateral, to the addition or release of any party or person primarily or secondarily liable, to the acceptance of partial payments thereon and the settlement, compromise or adjustment thereof, all in such manner and at such time or times as SECURED PARTY may deem advisable, at its sole discretion. SECURED PARTY shall have no duty as to the preservation of rights against prior parties.
Waiver by Pledgor. Each Pledgor waives (to the extent permitted by applicable law) any right to require any Secured Party or any other obligee of the Secured Obligations to (a) proceed against any other Pledgor or any Person, including without limitation any Guarantor, (b) proceed against or exhaust any Collateral or other collateral for the Secured Obligations,
Waiver by Pledgor. Pledgor waives demand, presentment for payment, notice of dishonor or nonpayment, protest, notice of protest, and lack of diligence in collection, and agrees that Lender may amend any agreement evidencing, guaranteeing, or securing any of the Obligations, take or not take any action respecting any of the Collateral under the Loan Documents, or extend or postpone the due dates of the Obligations without affecting Pledgor’s liability under this Pledge Agreement.
