Waiver Clause Example with 5 Variations from Business Contracts

This page contains Waiver clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Waiver. Borrower and all others who may become liable for the payment of all or any part of the obligations evidenced by this Note do hereby jointly and severally waive presentment and demand for payment, notice of dishonor, notice of intention to accelerate, notice of acceleration, protest and notice of protest and non-payment, and all other notices of any kind, except as expressly provided herein. No release of any security for the obligations evidenced by this Note, nor any extension of time for paym...ent of this Note or any installment hereof, and no alteration, amendment, or waiver of any provision of this Note or of any other agreement between Lender (on one hand) and any other Person (on the other hand), shall release, modify, amend, waive, extend, change, discharge, terminate, or affect the liability of Borrower or any other Person who may become liable for the payment of all or any part of the obligations evidenced by this Note. No notice to or demand on Borrower shall be deemed to be a waiver of the obligation of Borrower or of the right of Lender to take further action without further notice or demand, as provided for in this Note or in any other agreement executed in connection with or securing this Note. If Borrower is a corporation, partnership, limited liability company, or other entity (any of the foregoing, an "Entity"), the agreements contained herein shall remain in full force and be applicable, notwithstanding any changes in the shareholders, partners, members, managers, equity holders, officers and/or directors (as applicable) of such Entity, and the term "Borrower," as used herein, shall include any alternative or successor Entity, but any predecessor Entity shall not be relieved of liability hereunder. Nothing in this Paragraph 10 shall be construed as a consent to, or a waiver of, any prohibition or restriction on transfers of interests in any Entity which may be set forth in this Note or in any other agreement executed in connection herewith. View More

Variations of a "Waiver" Clause from Business Contracts

Waiver. Borrower and all others who may become liable for the payment of all or any part of the obligations evidenced by this Note do hereby jointly and severally waive presentment and demand for payment, notice of dishonor, notice of intention to accelerate, notice of acceleration, protest and notice of protest and non-payment, and all other notices of any kind, except as expressly provided herein. No release of any security for the obligations evidenced by this Note, nor any extension of time for paym...ent of this Note or any installment hereof, and no alteration, amendment, or waiver of any provision of this Note or of any other agreement between Lender (on one hand) and any other Person (on the other hand), shall release, modify, amend, waive, extend, change, discharge, terminate, or affect the liability of Borrower or any other Person who may become liable for the payment of all or any part of the obligations evidenced by this Note. No notice to or demand on Borrower shall be deemed to be a waiver of the obligation of Borrower or of the right of Lender to take further action without further notice or demand, as provided for in this Note or in any other agreement executed in connection with or securing this Note. If Borrower is a corporation, partnership, limited liability company, or other entity (any of the foregoing, an "Entity"), the agreements contained herein shall remain in full force and be applicable, notwithstanding any changes in the shareholders, partners, members, managers, equity holders, shareholders comprising, or the officers and/or and directors (as applicable) of relating to, such Entity, corporation, and the term "Borrower," as used herein, shall include any alternative or successor Entity, corporation, but any predecessor Entity corporation shall not be relieved of liability hereunder. Nothing in this Paragraph 10 the foregoing two sentences shall be construed as a consent to, or a waiver of, any prohibition or restriction on transfers of interests in any Entity such partnership, limited liability company or corporation which may be set forth in this Note or in any other agreement executed in connection herewith. with or securing this Note. 9 9. Transfer; Successors and Assigns. (a) This Note and any of Lender's rights hereunder may be assigned by Lender, at any time, to any entity that is directly or indirectly controlling, controlled by, or under common control with Lender. Any such assignee or transferee of Lender shall be entitled to all the benefits afforded to Lender under this Note. Upon any such transfer of this Note by Lender, Lender may deliver its rights to all the collateral (if any) mortgaged, granted, pledged, or assigned as security for this Note (or any part thereof) to the transferee, who shall thereupon become vested with all the rights and obligations herein or under applicable law given to Lender with respect thereto, and Lender shall thereafter forever be relieved and fully discharged from any liability or responsibility in the matter; but Lender shall retain all rights and obligations hereby given to it with respect to any liabilities and the collateral not so transferred. (b) Borrower shall not have the right to assign or transfer Borrower's rights or obligations under this Note without Lender's the prior written consent (which consent may be granted or withheld in Lender's sole discretion). Any attempted assignment or transfer by Borrower of Borrower's rights or obligations under this Note without Lender's prior written consent shall be null and void. (c) Subject to the foregoing, this Note shall be binding upon, and shall inure to the benefit of, Borrower and Lender and their respective successors and permitted assigns. View More
Waiver. Borrower and all others who may become liable for the payment of all or any part of the obligations evidenced by this Note do hereby jointly and severally waive presentment and demand for payment, notice of dishonor, notice of intention to accelerate, notice of acceleration, protest and notice of protest and non-payment, and all other notices of any kind, except as expressly provided herein. No release of any security for the obligations evidenced by this Note, nor any extension of time for paym...ent of this Note or any installment hereof, and no alteration, amendment, or waiver of any provision of this Note or of any other agreement between Lender (on one hand) and any other Person (on the other hand), shall release, modify, amend, waive, extend, change, discharge, terminate, or affect the liability of Borrower or any other Person who may become liable for the payment of all or any part of the obligations evidenced by this Note. No notice to or demand on Borrower shall be deemed to be a waiver of the obligation of Borrower or of the right of Lender to take further action without further notice or demand, as provided for in this Note or in any other agreement executed in connection with or securing this Note. If Borrower is a corporation, partnership, limited liability company, or other entity (any of the foregoing, an "Entity"), the agreements contained herein shall remain in full force and be applicable, notwithstanding any changes in the shareholders, partners, members, managers, equity holders, officers and/or directors (as applicable) of such Entity, and the term "Borrower," as used herein, shall include any alternative or successor Entity, but any predecessor Entity shall not be relieved of liability hereunder. Nothing in this Paragraph 10 shall be construed as a consent to, or a waiver of, any prohibition or restriction on transfers of interests in any Entity which may be set forth in this Note or in any other agreement executed in connection herewith. 10CH Capital Lending Bridge Note 11. Transfer; Successors and Assigns. (a) This Note and any of Lender's rights hereunder may be assigned by Lender, at any time, to any entity that is directly or indirectly controlling, controlled by, or under common control with Lender. Any such assignee or transferee of Lender shall be entitled to all the benefits afforded to Lender under this Note. Upon any such transfer of this Note by Lender, Lender may deliver its rights to all the collateral (if any) mortgaged, granted, pledged, or assigned as security for this Note (or any part thereof) to the transferee, who shall thereupon become vested with all the rights and obligations herein or under applicable law given to Lender with respect thereto, and Lender shall thereafter forever be relieved and fully discharged from any liability or responsibility in the matter; but Lender shall retain all rights and obligations hereby given to it with respect to any liabilities and the collateral not so transferred. (b) Borrower shall not have the right to assign or transfer Borrower's rights or obligations under this Note without Lender's prior written consent (which consent may be granted or withheld in Lender's sole discretion). Any attempted assignment or transfer by Borrower of Borrower's rights or obligations under this Note without Lender's prior written consent shall be null and void. (c) Subject to the foregoing, this Note shall be binding upon, and shall inure to the benefit of, Borrower and Lender and their respective successors and permitted assigns. View More
Waiver. Borrower and all others who may become liable for the payment of all or any part of the obligations evidenced by this Note do hereby jointly and severally waive presentment and demand for payment, notice of dishonor, notice of intention to accelerate, notice of acceleration, protest and notice of protest and non-payment, and all other notices of any kind, except as expressly provided herein. No release of any security for the obligations evidenced by this Note, nor any extension of time for paym...ent of this Note or any installment hereof, and no alteration, amendment, or waiver of any provision of this Note or of any other agreement between Lender (on one hand) and any other Person (on the other hand), shall release, modify, amend, waive, extend, change, discharge, terminate, or affect the liability of Borrower or any other Person who may become liable for the payment of all or any part of the obligations evidenced by this Note. No notice to or demand on Borrower shall be deemed to be a waiver of the obligation of Borrower or of the right of Lender to take further action without further notice or demand, as provided for in this Note or in any other agreement executed in connection with or securing this Note. If Borrower is a corporation, partnership, limited liability company, or other entity (any of the foregoing, an "Entity"), the agreements contained herein shall remain in full force and be applicable, notwithstanding any changes in the shareholders, partners, members, managers, equity holders, officers and/or directors (as applicable) of such Entity, and the term "Borrower," as used herein, shall include any alternative or successor Entity, but any predecessor Entity shall not be relieved of liability hereunder. Nothing in this Paragraph 10 shall be construed as a consent to, or a waiver of, any prohibition or restriction on transfers of interests in any Entity which may be set forth in this Note or in any other agreement executed in connection herewith. 9 11. Transfer; Successors and Assigns. (a) This Note and any of Lender's rights hereunder may be assigned by Lender, at any time, to any entity that is directly or indirectly controlling, controlled by, or under common control with Lender. Any such assignee or transferee of Lender shall be entitled to all the benefits afforded to Lender under this Note. Upon any such transfer of this Note by Lender, Lender may deliver its rights to all the collateral (if any) mortgaged, granted, pledged, or assigned as security for this Note (or any part thereof) to the transferee, who shall thereupon become vested with all the rights and obligations herein or under applicable law given to Lender with respect thereto, and Lender shall thereafter forever be relieved and fully discharged from any liability or responsibility in the matter; but Lender shall retain all rights and obligations hereby given to it with respect to any liabilities and the collateral not so transferred. (b) Borrower shall not have the right to assign or transfer Borrower's rights or obligations under this Note without Lender's prior written consent (which consent may be granted or withheld in Lender's sole discretion). Any attempted assignment or transfer by Borrower of Borrower's rights or obligations under this Note without Lender's prior written consent shall be null and void. (c) Subject to the foregoing, this Note shall be binding upon, and shall inure to the benefit of, Borrower and Lender and their respective successors and permitted assigns. View More
Waiver. Borrower and all others who may become liable for the payment of all or any part of the obligations evidenced by this Note do hereby jointly and severally waive presentment and demand for payment, notice of dishonor, notice of intention to accelerate, notice of acceleration, protest and notice of protest and non-payment, and all other notices of any kind, except as expressly provided herein. No release of any security for the obligations evidenced by this Note, nor any extension of time for paym...ent of this Note or any installment hereof, and no alteration, amendment, or waiver of any provision of this Note or of any other agreement between Lender (on one hand) and any other Person (on the other hand), shall release, modify, amend, waive, extend, change, discharge, terminate, or affect the liability of Borrower or any other Person who may become liable for the payment of all or any part of the obligations evidenced by this Note. No notice to or demand on Borrower shall be deemed to be a waiver of the obligation of Borrower or of the right of Lender to take further action without further notice or demand, as provided for in this Note or in any other agreement executed in connection with or securing this Note. If Borrower is a corporation, partnership, limited liability company, or other entity (any of the foregoing, an "Entity"), the agreements contained herein shall remain in full force and be applicable, notwithstanding any changes in the shareholders, partners, members, managers, equity holders, officers and/or directors (as applicable) of such Entity, and the term "Borrower," as used herein, shall include any alternative or successor Entity, but any predecessor Entity shall not be relieved of liability hereunder. Nothing in this Paragraph 10 shall be construed as a consent to, or a waiver of, any prohibition or restriction on transfers of interests in any Entity which may be set forth in this Note or in any other agreement executed in connection herewith. View More
Waiver. Borrower and all others who may become liable for the payment of all or any part of the obligations evidenced by this Note do hereby jointly and severally waive presentment and demand for payment, notice of dishonor, notice of intention to accelerate, notice of acceleration, protest and notice of protest and non-payment, and all other notices of any kind, except as expressly provided herein. No release of any security for the obligations evidenced by this Note, nor any extension of time for paym...ent of this Note or any installment hereof, and no alteration, amendment, or waiver of any provision of this Note or of any other agreement between Lender (on one hand) and any other Person (on the other hand), shall release, modify, amend, waive, extend, change, discharge, terminate, or affect the liability of Borrower or any other Person who may become liable for the payment of all or any part of the obligations evidenced by this Note. No notice to or demand on Borrower shall be deemed to be a waiver of the obligation of Borrower or of the right of Lender to take further action without further notice or demand, as provided for in this Note or in any other agreement executed in connection with or securing this Note. If Borrower is a corporation, partnership, limited liability company, or other entity (any of the foregoing, an "Entity"), the agreements contained herein shall remain in full force and be applicable, notwithstanding any changes in the shareholders, partners, members, managers, equity holders, shareholders comprising, or the officers and/or and directors (as applicable) of relating to, such Entity, corporation, and the term "Borrower," as used herein, shall include any alternative or successor Entity, corporation, but any predecessor Entity corporation shall not be relieved of liability hereunder. Nothing in this Paragraph 10 the foregoing two sentences shall be construed as a consent to, or a waiver of, any prohibition or restriction on transfers of interests in any Entity such partnership, limited liability company or corporation which may be set forth in this Note or in any other agreement executed in connection herewith. with or securing this Note. View More