WAIVER OF PRESENTMENTS Sample Clauses
A Waiver of Presentments clause eliminates the requirement for a party to formally present a negotiable instrument, such as a check or promissory note, for payment or acceptance before enforcing payment obligations. In practice, this means the holder of the instrument does not need to physically show or demand payment from the issuer or other obligated parties before taking legal action to collect. This clause streamlines the enforcement process by removing procedural steps, thereby reducing delays and potential disputes over whether proper presentment was made.
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WAIVER OF PRESENTMENTS. Student waives presentment for payment, notice of dishonor, protest and notice of protest. 7. NON-WAIVER: No failure or delay by AC/C TECH in exercising AC/C TECH’s rights under this Note shall be considered a waiver of such rights. 8.
WAIVER OF PRESENTMENTS. Guarantor waives all presentments, demands for performance, notices of nonperformance, protests, notices of protest, notices of dishonor, and notices of acceptance of this Guaranty and, except for the notices required under Paragraph 4 of this Guaranty, waives all notices of the existence, creation, or incurring of new or additional obligations by Lessee under the Lease.
WAIVER OF PRESENTMENTS. Maker waives presentment for payment, notice of dishonor, protest and notice of protest.
WAIVER OF PRESENTMENTS. Borrower waives presentment for payment, a notice of dishonor, protest, and notice of protest.
WAIVER OF PRESENTMENTS. Guarantor waives any presentments, demands for performance, notices of nonperformance, protests, notices of protest, notices of dishonor, and notices of acceptance of this Guaranty and waives all notices of the existence, creation, or incurring of new or additional Obligations.
WAIVER OF PRESENTMENTS. ASIGNEE waives presentment for payment, a notice of dishonor, protest, and notice of protest.
WAIVER OF PRESENTMENTS. Borrower waives presentment for payment, a notice of dishonor, protest, and notice of protest. No failure or delay by ▇▇▇▇▇▇ in exercising Lender’s rights under this Note shall be considered a waiver of such rights.
WAIVER OF PRESENTMENTS. This is a short clause that implies that the lender does not have to demand payment when payments are due. The borrower holds the responsibility to make certain that the payments are paid when due. Sample Download: Adobe PDF, MS Word, OpenDocument I. THE PARTIES. This Standard Promissory Note (“Note”) made on [DATE], is by and between: Borrower: [▇▇▇▇▇▇▇▇’S NAME] with a mailing address of [MAILING ADDRESS] (“Borrower”), and ▇▇▇▇▇▇: [▇▇▇▇▇▇’S NAME] with a mailing address of [MAILING ADDRESS] (“Lender”). II.
WAIVER OF PRESENTMENTS. This is a short clause that implies that the lender does not have to demand payment when payments or the loan is due, the borrower holds the responsibility to make certain that the payments are paid when due. For written contracts, the usury limit is 8%, unless for an amount over $100,000, in which case there is no limit. § 1343.01 Oklahoma The parties may agree in a written contract to any rate so long as it does not violate other applicable laws.