Common use of Waiver of Formalities Clause in Contracts

Waiver of Formalities. Guarantor hereby fully waives all requirements, if any, of notice, demand for payment, diligence, filing of claims with a court in the event of the bankruptcy of Lessee, and all other notices of every kind or nature (including those of any action or inaction on the part of Lessee or Lessor or anyone else) in respect of the Obligations.

Appears in 2 contracts

Samples: Guaranty Agreement (International Thoroughbred Breeders Inc), Guaranty Agreement (International Thoroughbred Breeders Inc)

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Waiver of Formalities. Guarantor hereby fully waives all requirements, if any, of notice, demand for payment, diligence, filing of claims with a court in the event of the bankruptcy of LesseeBorrower, and all other notices of every kind or nature (including those of any action or inaction on the part of Lessee Borrower or Lessor Lender or anyone else) in respect of the Obligations.

Appears in 2 contracts

Samples: Guaranty Agreement (International Thoroughbred Breeders Inc), Guaranty Agreement (International Thoroughbred Breeders Inc)

Waiver of Formalities. Guarantor hereby fully waives all requirements, if any, of notice, demand for payment, diligence, filing of claims with a court in the event of the bankruptcy of LesseeITGV or ITGPB, and all other notices of every kind or nature (including those of any action or inaction on the part of Lessee or Lessor the Charterers or anyone else) in respect of the Obligations.

Appears in 1 contract

Samples: Guaranty Agreement (International Thoroughbred Breeders Inc)

Waiver of Formalities. Guarantor hereby fully waives all requirements, if any, of notice, demand for payment, diligence, filing of claims with a court in the event of the bankruptcy of LesseeTenant, and all other notices of every kind or nature (including those of any action or inaction on of the part of Lessee or Lessor Tenant, Landlord, or anyone else) in respect of the Obligations.

Appears in 1 contract

Samples: Lease Guaranty Agreement (Craig Jenny Inc /De)

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Waiver of Formalities. Guarantor hereby fully waives all requirements, if any, of notice, demand for payment, diligence, filing of claims with a court in the event of the bankruptcy of Lessee, and all other notices of every kind or nature in respect of the Obligations (including those of any action or inaction on the part of Lessee or Lessor or anyone else) in respect else and of the Obligationsexistence, creation or incurrence of new or additional obligations).

Appears in 1 contract

Samples: Guaranty Agreement (International Thoroughbred Breeders Inc)

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