Common use of Demand Waiver Clause in Contracts

Demand Waiver. Each Loan Party waives presentment, demand, notice of default or dishonor, notice of payment and nonpayment, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or chattel paper.

Appears in 11 contracts

Samples: Loan and Security Agreement (Mind Medicine (MindMed) Inc.), Credit and Guaranty Agreement (FiscalNote Holdings, Inc.), Loan and Security Agreement (89bio, Inc.)

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Demand Waiver. Each Loan Party waives presentment, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by Agent on which any Loan Party is liable.

Appears in 8 contracts

Samples: Senior Loan and Security Agreement (Doma Holdings, Inc.), Loan and Security Agreement (Doma Holdings, Inc.), Loan and Security Agreement (Doma Holdings, Inc.)

Demand Waiver. Each Loan Party waives presentment, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or chattel paper.

Appears in 6 contracts

Samples: Loan and Security Agreement (Pulmonx Corp), Loan and Security Agreement (Pulmonx Corp), Loan and Security Agreement

Demand Waiver. Each Loan Party waives presentment, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by Bank on which such Loan Party is liable.

Appears in 6 contracts

Samples: Loan and Security Agreement (KORU Medical Systems, Inc.), Loan and Security Agreement (Sunlight Financial Holdings Inc.), Loan and Security Agreement (Sunlight Financial Holdings Inc.)

Demand Waiver. Each Loan Party waives presentmentwaives, to the fullest extent permitted by law, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by Collateral Agent or any Lender on which any Loan Party or any Subsidiary is liable.

Appears in 3 contracts

Samples: Loan and Security Agreement (Rapid Micro Biosystems, Inc.), Loan and Security Agreement (Rapid Micro Biosystems, Inc.), Loan and Security Agreement (SI-BONE, Inc.)

Demand Waiver. Each Loan Party waives presentmentwaives, to the fullest extent permitted by law, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by Agent or any Lender on which any Loan Party or any Subsidiary is liable.

Appears in 2 contracts

Samples: Loan and Security Agreement (LumiraDx LTD), Loan and Security Agreement (LumiraDx LTD)

Demand Waiver. Each Loan Party waives presentmentwaives, to the fullest extent permitted by law, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by Collateral Agent or any Lender on which Borrower or any Subsidiary is liable.

Appears in 2 contracts

Samples: Loan and Security Agreement (Vapotherm Inc), Loan and Security Agreement (Vapotherm Inc)

Demand Waiver. Each The Loan Party waives presentment, Parties waive demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by the Lender on which any Loan Party is liable.

Appears in 2 contracts

Samples: Loan, Guaranty and Security Agreement (Hut 8 Corp.), Loan, Guaranty and Security Agreement (Hut 8 Corp.)

Demand Waiver. Each Loan Party waives presentmentwaives, to the fullest extent permitted by law, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by Collateral Agent or any Lender on which the Loan Parties or any Subsidiary is liable.

Appears in 2 contracts

Samples: Loan and Security Agreement (Immunocore LTD), Loan and Security Agreement (Immunocore LTD)

Demand Waiver. Each Loan Credit Party waives presentment, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by the Agent on which any Credit Party is liable.

Appears in 2 contracts

Samples: Loan Agreement (Amicus Therapeutics, Inc.), Loan Agreement (Amicus Therapeutics, Inc.)

Demand Waiver. Each Loan Party waives presentment, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by any Secured Party on which any Loan Party is liable.

Appears in 2 contracts

Samples: Loan and Guaranty Agreement (Safeguard Scientifics Inc), Loan and Guaranty Agreement (Safeguard Scientifics Inc)

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Demand Waiver. Each Loan Party waives presentmentwaives, to the fullest extent permitted by law, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by Citibank on which any Loan Party or any Subsidiary is liable.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Eagle Entertainment Inc.)

Demand Waiver. Each Loan Party waives presentmentwaives, to the fullest extent permitted by law, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by the Lender on which such Loan Party is liable.

Appears in 1 contract

Samples: Loan and Security Agreement (Learn SPAC HoldCo, Inc.)

Demand Waiver. Each BorrowerEach Loan Party waives presentment, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by Lender on which Borrowersuch Loan Party is liable.

Appears in 1 contract

Samples: Loan and Security Agreement (Novelion Therapeutics Inc.)

Demand Waiver. Each Loan Party waives presentmentwaives, to the fullest extent permitted by law, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or instruments, chattel paper, and guarantees held by Collateral Agent or any Lender on which such Loan Party or any of its Subsidiaries is liable.

Appears in 1 contract

Samples: Loan and Security Agreement (Apollo Endosurgery, Inc.)

Demand Waiver. Each Loan Party waives presentment, demand, notice of default or dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or chattel paper.

Appears in 1 contract

Samples: Loan and Security Agreement (PROCEPT BioRobotics Corp)

Demand Waiver. Each Loan Party waives presentment, demand, notice of default or dishonor, notice of payment and nonpayment, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or chattel paper.. 9.9

Appears in 1 contract

Samples: Loan and Security Agreement (Acumen Pharmaceuticals, Inc.)

Demand Waiver. Each Except as required by Applicable Law, each Loan Party waives presentmentdemand, demandprotest, notice of protest, notice of default or dishonor, notice of payment and nonpayment, release, compromise, settlement, extension, or renewal of accounts, documents, instruments or chattel papernonpayment and any other notices relating to the Obligations.

Appears in 1 contract

Samples: Loan Agreement (Superior Drilling Products, Inc.)

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