Common use of Waivers by the Borrower Clause in Contracts

Waivers by the Borrower. The Borrower hereby waives, to the extent permitted by applicable law, (a) all presentments, demands for performance, notices of nonperformance, protests, notices of protest and notices of dishonor in connection with the Note; (b) any requirement of diligence or promptness on the part of the Authority in enforcement of its rights under the provisions of the Loan Documents or the Security Instruments; and (c) any requirement of marshaling assets or proceeding against persons or assets in any particular order.

Waivers by the Borrower. The Borrower hereby herby waives, to the extent permitted by applicable law, (a) all presentments, demands for performanceperformances, notices of nonperformancenonperformance (except to the extent specifically required by this Agreement or any other of the Borrower Documents), protestsprotest, notices of protest and notices of dishonor in connection with the Note; Revolving Credit Note (b) any requirement of diligence or promptness on the part of the Authority Lender in enforcement of its rights under the provisions provision of any of the Loan Documents or the Security Instruments; Borrower Documents, and (c) any requirement of marshaling assets or proceeding against persons or assets in any particular order.