Common use of WAIVERS AND CONSENT Clause in Contracts

WAIVERS AND CONSENT. Borrower, to the extent permitted by law, consents to certain actions Lender may take, and generally waives defenses that may be available based on these actions or based on the status of a party to the Loan. Lender may renew or extend payments on the Loan. Lender may release any borrower, endorser, guarantor, surety, or any other co-signer. Lender may release, substitute, or impair any Property securing the Loan. Xxxxxx’s course of dealing, or Xxxxxx’s forbearance from, or delay in, the exercise of any of Lender’s rights, remedies, privileges, or right to insist upon Xxxxxxxx’s strict performance of any provisions contained in the Loan Documents, will not be construed as a waiver by Xxxxxx, unless the waiver is in writing and signed by Xxxxxx. Lender may participate or syndicate the Loan and share any information that Xxxxxx decides is necessary about Borrower and the Loan with the other participants.

Appears in 2 contracts

Samples: Broadwind Energy, Inc., Broadwind Energy, Inc.

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WAIVERS AND CONSENT. Borrower, to the extent permitted by law, consents to certain actions Lender may take, take and generally waives defenses that may be available based on these actions or based on the status of a party to the Loan. Lender may renew or extend payments on the Loan. Lender may release any borrower, endorser, guarantor, surety, surety or any other co-signercosigner. Lender may release, substitute, or impair any Property securing the Loan. XxxxxxLxxxxx’s course of dealing, dealing or XxxxxxLxxxxx’s forbearance from, or delay in, in the exercise of any of Lender’s rights, remedies, privileges, or right to insist upon XxxxxxxxBxxxxxxx’s strict performance of any provisions contained in the Loan Documents, will not be construed as a waiver by XxxxxxLxxxxx, unless the waiver is in writing and signed by XxxxxxLxxxxx. Lender may participate or syndicate the Loan and share any information that Xxxxxx Lxxxxx decides is necessary about Borrower and the Loan with the other participants.

Appears in 1 contract

Samples: Security Agreement (PSM Holdings Inc)

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WAIVERS AND CONSENT. Borrower, to the extent permitted by law, consents to certain actions Lender may take, and generally waives defenses that may be available based on these actions or based on the status of a party to the Loan. Lender may renew or extend payments on the Loan. Lender Lander may release any borrower, endorser, guarantor, surety, or any other co-signer. Lender may release, substitute, or impair any Property securing the Loan. XxxxxxLender’s course of dealing, or XxxxxxLender’s forbearance from, or delay in, the exercise of any of Lender’s rights, remedies, privileges, or right to insist upon XxxxxxxxBorrower’s strict performance of any provisions contained in the Loan Documents, will not be construed as a waiver by XxxxxxLender, unless the waiver is in writing and signed by XxxxxxLender. Lender may participate or syndicate the Loan and share any information that Xxxxxx Lender decides is necessary about Borrower and the Loan with the other participants.

Appears in 1 contract

Samples: Hei Inc

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