Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party exhaust any right or take any action against the Borrower or any other Person. (b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future. (c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan Documents, and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 5 contracts
Sources: Guaranty Agreement, Guaranty Agreement (EnLink Midstream Partners, LP), Guaranty Agreement (EnLink Midstream Partners, LP)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any Property or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties its Subsidiaries contemplated by the Loan Documents, Documents and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 5 contracts
Sources: Subordinated Credit Agreement (Cano Petroleum, Inc), Subordinated Credit Agreement (Cano Petroleum, Inc), Subordinated Guaranty Agreement (Cano Petroleum, Inc)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any Property or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties its Subsidiaries contemplated by the Loan Documents, Documents and the Hedge Contracts with a Swap Counterparty and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 4 contracts
Sources: Credit Agreement (Cano Petroleum, Inc), Credit Agreement (Cano Petroleum, Inc), Guaranty Agreement (Cano Petroleum, Inc)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan Documents, Credit Documents and the Interest Rate Contracts with the Swap Counterparties and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 3 contracts
Sources: Credit Agreement (Holly Energy Partners Lp), Guaranty Agreement (Holly Energy Partners Lp), Guaranty Agreement (Holly Energy Partners Lp)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and or any Subsidiary of the other Loan Parties Borrower contemplated by the Loan Documents, Credit Documents and the Hedging Arrangements and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 2 contracts
Sources: Credit Agreement (Flotek Industries Inc/Cn/), Guaranty Agreement (Flotek Industries Inc/Cn/)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other PersonPerson or any Collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan Documents, Credit Documents and the Lender Hedging Agreements with the Swap Counterparties and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 2 contracts
Sources: Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and or any Subsidiary of the other Loan Parties Borrower contemplated by the Loan Documents, Guaranteed Documents (including any Hedge Contracts) and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 2 contracts
Sources: Credit Agreement (Callon Petroleum Co), Guaranty Agreement (Callon Petroleum Co)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Credit Party protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the any Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrowers or any Subsidiary of a Borrower and the other Loan Parties contemplated by the Loan Documents, Documents and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 2 contracts
Sources: Credit Agreement (Mariner Energy Resources, Inc.), Credit Agreement (Mariner Energy Inc)
Waivers and Acknowledgments. (a) Each Guarantor hereby --------------------------- waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that the Agents or any other Lender Party protect, secure, perfect or insure any Lien or any property subject thereto or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan Documents, Documents and that the waivers set forth in this Guaranty Section 3 are knowingly made in contemplation of such benefits.
Appears in 2 contracts
Sources: Guaranty (Amvescap PLC/London/), Guaranty (Amvescap PLC/London/)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that Agent or any Lender Party protect, secure, perfect or insure any lien or any property subject thereto or exhaust any right or take any action against the Borrower or any other Personperson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan Documents, Credit Agreement and that the waivers set forth in this Guaranty Section 3 are knowingly made in contemplation of such benefits.
Appears in 2 contracts
Sources: Guaranty (Sonic Automotive Inc), Guaranty (Sonic Automotive Inc)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that the Agents or any other Lender Party protect, secure, perfect or insure any Lien or any property subject thereto or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan Documents, Documents and that the waivers set forth in this Guaranty Section 3 are knowingly made in contemplation of such benefits.
Appears in 1 contract
Sources: Guaranty (Amvescap PLC/London/)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other Person.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan Documents, Credit Documents and the Lender Hedging Agreements with the Swap Counterparties and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 1 contract
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Secured Party protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other PersonPerson or any Collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties or any Guarantor contemplated by the Loan Credit Documents, and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 1 contract
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Secured Party protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower Borrower, any other Guarantor or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Credit Parties contemplated by the Loan Documents, Credit Documents and the Hedging Arrangements with Swap Counterparties and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 1 contract
Waivers and Acknowledgments. (a) Each Guarantor of the Guarantors hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty Guarantee and any requirement that any Lender Party Agent protect, secure, perfect or insure any Lien or any property subject thereto or exhaust any right or take any action against the Borrower any Obligor or any other Person.
(b) Each Guarantor of the Guarantors hereby irrevocably waives any right to revoke this GuarantyGuarantee, and acknowledges that this Guaranty Guarantee is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor of the Guarantors acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan Documents, hereunder and that the waivers set forth in this Guaranty Section 8.03 are knowingly made in contemplation of such benefits.
Appears in 1 contract
Waivers and Acknowledgments. (a) Each The Guarantor hereby waives --------------------------- promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Purchaser protect, secure, perfect or insure any Lien or any property subject thereto or exhaust any right or take any action against the Borrower Company or any other Person.
(b) Each The Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each The Guarantor acknowledges that it will receive substantial direct and indirect benefits from the Reorganization and the financing arrangements involving provided to the Borrower and Company under the other Loan Parties contemplated by the Loan Documents, Note Purchase Agreement and that the waivers set forth in this Guaranty Section 3 are knowingly made in contemplation of such benefits.
Appears in 1 contract
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Secured Party protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan DocumentsCredit Documents provided to the Borrower or any of its Subsidiaries, and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 1 contract
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and or any Subsidiary of the other Loan Parties Borrower contemplated by the Loan Documents, Credit Documents and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 1 contract
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and the other Loan Parties contemplated by the Loan Documents, Guaranteed Documents and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 1 contract
Sources: Credit Agreement (Isramco Inc)
Waivers and Acknowledgments. (a) Each Guarantor hereby waives promptness, diligence, presentment, notice of acceptance and any other notice (other than any notices required by the Loan Documents) with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that any Lender Party Beneficiary protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other PersonPerson or any collateral.
(b) Each Guarantor hereby irrevocably waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future.
(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements involving the Borrower and or any Subsidiary of the other Loan Parties Borrower contemplated by the Loan Documents, Guaranteed Documents (including any Hedge Contracts or any Treasury Management Obligations) and that the waivers set forth in this Guaranty are knowingly made in contemplation of such benefits.
Appears in 1 contract