Common use of Certain Additional Statutory Rights Clause in Contracts

Certain Additional Statutory Rights. Without limiting the generality of any other waiver or other provision set forth in this Guaranty, each Guarantor absolutely, unconditionally, knowingly, and expressly waives any and all benefits or defenses, if any, arising directly or indirectly under any one or more of Sections 2792, 2793, 2799, 2806, 2808, 2809, 2810, 2819, 2820, 2821, 2822, 2825, 2838, 2839, 2845, 2848, 2849, 2850 and 2855 of the California Civil Code, Sections 580a, 580b, 580c, 580d, and 726 of the California Code of Civil Procedure, and Sections 3116, 3118, 3119, 3419, and 3605 of the California Uniform Commercial Code. Notwithstanding anything contained herein, such waivers by Guarantors with respect to Sections 2847, 2848, and 2849 of the California Civil Code shall only be effective until all obligations of Lender to extend credit to Borrower have terminated and until all of the Obligations under the Aviza Credit Agreement have been fully, finally and indefeasibly paid.

Certain Additional Statutory Rights. Without limiting the generality of any other waiver or other provision set forth in this Guaranty, each Guarantor absolutely, unconditionally, knowingly, and expressly waives any and all benefits or defenses, if any, arising directly or indirectly under any one or more of Sections 2792, 2793, 2799, 2806, 2808, 2809, 2810, 2815, 2819, 2820, 2821, 2822, 2825, 2838, 2839, 2845, 2848, 2849, 2850 and 2855 of the California Civil Code, Sections 580a, 580b, 580c, 580d, and 726 of the California Code of Civil Procedure, and Sections 3116, 3118, 3119, 3419, and 3605 of the California Uniform Commercial Code. Notwithstanding anything contained herein, such waivers by Guarantors Guarantor with respect to Sections 2847, 2848, and 2849 of the California Civil Code shall only be effective until all obligations of Lender Agent and the Lenders to extend credit to Borrower have terminated and until all of the Obligations under the Aviza Credit Agreement have been fully, finally and indefeasibly paid.