Common use of Waiver by the Guarantor Clause in Contracts

Waiver by the Guarantor. The Guarantee is a guarantee of payment and not of collection. The Guarantor irrevocably waives acceptance hereof, presentment, demand, protest and any notice not provided for herein, as well as any requirement that at any time any action be taken by any Person against the Company or any other Person.

Appears in 4 contracts

Samples: Indenture (Equistar Chemicals Lp), Third Supplemental Indenture (Lyondell Chemical Co), Third Supplemental Indenture (Lyondell Chemical Co)

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