Common use of Waiver of Notice and Demand Clause in Contracts

Waiver of Notice and Demand. The New Guarantor hereby waives notice of acceptance of this Trust Preferred Securities Guarantee and of any liability to which it applies or may apply, presentment, demand for payment, any right to require a proceeding first against the Issuer or any other Person before proceeding against the New Guarantor, protest, notice of nonpayment, notice of dishonor, notice of redemption and all other notices and demands.

Appears in 3 contracts

Samples: Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII), Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII), Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII)

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Waiver of Notice and Demand. The New Guarantor hereby waives notice of acceptance of this Trust Preferred Securities Investment Guarantee and of any liability to which it applies or may apply, presentment, demand for payment, any right to require a proceeding first against the Issuer Obligor or any other Person before proceeding against the New Guarantor, protest, notice of nonpayment, notice of dishonor, notice of redemption and all other notices and demands.

Appears in 2 contracts

Samples: Debenture Guarantee Agreement (BAC Capital Trust XVII), Debenture Guarantee Agreement (BAC Capital Trust XVII)

Waiver of Notice and Demand. The New Guarantor hereby waives notice of acceptance of this Preferred Trust Preferred Securities Guarantee and of any liability to which it applies or may apply, presentment, demand for payment, any right to require a proceeding first against the Trust Guarantee Trustee, the Issuer or any other Person before proceeding against the New Guarantor, protest, notice of nonpayment, notice of dishonor, notice of redemption and all other notices and demands.

Appears in 2 contracts

Samples: Preferred Trust Securities Guarantee Agreement (Texas Utilities Co /Tx/), Preferred Trust Securities Guarantee Agreement (Txu Europe Funding I L P)

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Waiver of Notice and Demand. The New Guarantor hereby waives notice of acceptance of this Trust Preferred Securities Investment Guarantee and of any liability to which it applies or may apply, presentment, demand for payment, any right to require a proceeding first against the Issuer or any other Person before proceeding against the New Guarantor, protest, notice of nonpayment, notice of dishonor, notice of redemption and all other notices and demands.

Appears in 1 contract

Samples: Debenture Guarantee Agreement (BAC Capital Trust XVII)

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