Common use of Waiver of Notice and Demand Clause in Contracts

Waiver of Notice and Demand. The Guarantor hereby waives the benefits of diligence, presentment, demand of payment, any requirement that the Trustee or any of the Holders exhaust any right or take any action against the Company or any other Person, filing of claims with a court in the event of insolvency or bankruptcy of the Company, protest or notice with respect to such Note or the indebtedness evidenced thereby; provided, however, that the Guarantor receives prompt written notice from the Trustee or any Holder of any failure by the Company to make any payment of principal (premium, if any) or interest or any sinking fund or analogous payment.

Appears in 8 contracts

Samples: Supplemental Indenture (Aegon Nv), Supplemental Indenture (Aegon Funding Corp Ii), Supplemental Indenture (Aegon Funding Corp Ii)

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Waiver of Notice and Demand. The Guarantor hereby waives the benefits of diligence, presentment, demand of payment, any requirement that the Trustee or any of the Holders exhaust any right or take any action against the Company or any other Person, filing of claims with a court in the event of insolvency or bankruptcy of the Company, protest or notice with respect to such Note or the indebtedness evidenced thereby; providedPROVIDED, howeverHOWEVER, that the Guarantor receives prompt written notice from the Trustee or any Holder of any failure by the Company to make any payment of principal (premium, if any) or interest or any sinking fund or analogous payment.

Appears in 3 contracts

Samples: Supplemental Indenture (Transamerica Finance Corp), Indenture (Transamerica Finance Corp), Supplemental Indenture (Transamerica Finance Corp)

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