Common use of WAIVER OF REDEMPTION AND DEFICIENCY RIGHTS Clause in Contracts

WAIVER OF REDEMPTION AND DEFICIENCY RIGHTS. Pledgor hereby waives, to the fullest extent permitted by law, every statute of limitation, any right of redemption, any moratorium or redemption period, and any right which Pledgor may have to direct the order in which any of the Collateral shall be disposed of in the event of any disposition thereof pursuant hereto, except as otherwise expressly provided herein or in the other Loan Documents.

Appears in 2 contracts

Samples: Pledge and Security Agreement (NNN 2003 Value Fund LLC), Pledge and Security Agreement (NNN 2003 Value Fund LLC)

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WAIVER OF REDEMPTION AND DEFICIENCY RIGHTS. Pledgor hereby expressly waives, to the fullest extent permitted by law, every statute of limitation, any right of redemption, any moratorium or redemption period, any limitation on a deficiency judgment, and any right which Pledgor may have to direct the order in which any of the Collateral shall be disposed of in the event of any disposition thereof pursuant hereto, except as otherwise expressly provided herein or in the other Loan Documents.

Appears in 1 contract

Samples: Pledge and Security Agreement (Resource America Inc)

WAIVER OF REDEMPTION AND DEFICIENCY RIGHTS. Pledgor hereby waives, to the fullest extent permitted by law, every statute of limitation, any right of redemption, any moratorium or redemption period, and any right which Pledgor may have to direct the order in which any of the Collateral shall be disposed of in the event of any disposition thereof pursuant hereto, except as otherwise expressly provided herein or in the other Mezzanine Loan Documents.

Appears in 1 contract

Samples: Pledge and Security Agreement (Lodgian Inc)

WAIVER OF REDEMPTION AND DEFICIENCY RIGHTS. Pledgor hereby waives, to the fullest extent permitted by law, every statute of limitation, any right of redemption, any moratorium or redemption period, and any right which Pledgor may have to direct the order in which any of the related Collateral shall be disposed of in the event of any disposition thereof pursuant hereto, except as otherwise expressly provided herein or in the other Loan Documents.

Appears in 1 contract

Samples: Stock Pledge Agreement (Resource America Inc)

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WAIVER OF REDEMPTION AND DEFICIENCY RIGHTS. Pledgor hereby waives, to the fullest extent permitted by law, every statute of limitation, any right of redemption, any moratorium or redemption period, and any right which Pledgor may have to direct the order in which any of the Pledged Collateral shall be disposed of in the event of any disposition thereof pursuant hereto, except as otherwise expressly provided herein or in the other Loan Documentsherein.

Appears in 1 contract

Samples: Security Agreement (Paratek Pharmaceuticals, Inc.)

WAIVER OF REDEMPTION AND DEFICIENCY RIGHTS. Each Pledgor hereby waives, to the fullest extent permitted by law, every statute of limitation, any right of redemption, any moratorium or redemption period, and any right which such Pledgor may have to direct the order in which any of the Collateral shall be disposed of in the event of any disposition thereof pursuant hereto, except as otherwise expressly provided herein or in the other Loan Transaction Documents.

Appears in 1 contract

Samples: Pledge and Security Agreement (Pinnacle Towers III LLC)

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