Common use of Statutes of Limitation Clause in Contracts

Statutes of Limitation. Borrower waives the benefit of any ---------------------- statute of limitations affecting its liability hereunder or the enforcement thereof, to the extent permitted by law. Borrower understands that Lender would not make the Loan in the absence of the foregoing covenant by Borrower and the other covenants of Borrower in this Agreement.

Statutes of Limitation. Borrower waives the benefit of any ---------------------- statute of limitations affecting its liability hereunder or under the Note or the enforcement thereof, to the extent permitted by law. Borrower understands that Lender would not make the Loan in the absence of the foregoing covenant by Borrower and the other covenants of Borrower in this Agreement.

Statutes of Limitation. Borrower waives the ---------------------- benefit of any ---------------------- statute of limitations affecting its liability hereunder or the enforcement thereof, to the extent permitted by law. Borrower understands that Lender would not make the Loan in the absence of the foregoing covenant by Borrower and the other covenants of Borrower in this Agreement.

Statutes of Limitation. Borrower waives the benefit of any ---------------------- statute of limitations affecting its liability hereunder or the enforcement thereof, to the extent permitted by law. Borrower understands that Lender would not make the Loan in the absence of the foregoing covenant by Borrower and the other covenants of Borrower in this Agreement.