Common use of GRANTOR'S WAIVERS Clause in Contracts

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s rights against Grantor or the Collateral.

Appears in 18 contracts

Sources: Commercial Pledge Agreement, Commercial Security Agreement (Wayside Technology Group, Inc.), Commercial Security Agreement (Wayside Technology Group, Inc.)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 8 contracts

Sources: Commercial Security Agreement (Eaco Corp), Commercial Pledge Agreement (ERBA Diagnostics, Inc.), Commercial Security Agreement (ERBA Diagnostics, Inc.)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, Borrower, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (Aa) grant any extension of time for any payment, (Bb) grant any renewal, (Cc) permit any modification of payment terms or other terms, or (Dd) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 5 contracts

Sources: Commercial Security Agreement (Pacific Aerospace & Electronics Inc), Commercial Pledge and Security Agreement (Success Bancshares Inc), Commercial Security Agreement (Colonial Downs Holdings Inc)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, Borrower, or any other party to the Indebtedness indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (Aa) grant any extension of time for any payment, (Bb) grant any renewal, (Cc) permit any modification of payment terms or other terms, or (Dd) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 3 contracts

Sources: Commercial Security Agreement (Autocorp Equities Inc), Commercial Pledge and Security Agreement (Williams Francis M), Commercial Security Agreement (Autocorp Equities Inc)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 2 contracts

Sources: Commercial Pledge Agreement (Osborne Richard M Trust), Commercial Security Agreement (Flotek Industries Inc/Cn/)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, Borrower, or any other party to the Indebtedness or the Collateral. Lender Lenders may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s Lenders' rights against Grantor or the Collateral.

Appears in 2 contracts

Sources: Loan Agreement (Windsortech Inc), Loan Agreement (Windsortech Inc)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: ; (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s rights against Grantor or the Collateral.

Appears in 2 contracts

Sources: Business Loan Agreement (Utek Corp), Commercial Security Agreement (Arts Way Manufacturing Co Inc)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, Borrower, or any other party to the Indebtedness indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 2 contracts

Sources: Commercial Security Agreement (Eacceleration Corp), Commercial Security Agreement (Eacceleration Corp)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s rights against Grantor or the Collateral.

Appears in 2 contracts

Sources: Commercial Pledge Agreement (Advanced Life Sciences Holdings, Inc.), Commercial Pledge Agreement (Advanced Life Sciences Holdings, Inc.)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s ▇▇▇▇▇▇'s rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Pledge Agreement (LSB Industries Inc)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any only extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (Unilens Vision Inc)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights COMMERCIAL SECURITY AGREEMENT LOAN NO: 932900001-1 (CONTINUED) PAGE 2 ================================================================================ against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (International Remote Imaging Systems Inc /De/)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, Borrower, or any other party to the Indebtedness indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: ; (Aa) grant any extension of time for any payment, (Bb) grant any renewal, (Cc) permit any modification of payment terms or other terms, or (Dd) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (Alliance Pharmaceutical Corp)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (DID) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Promissory Note

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, Borrower, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (Avid Sportswear & Golf Corp)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, Borrower without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s ▇▇▇▇▇▇'s rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Pledge Agreement (LSB Industries Inc)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of or time for any payment, (B) grant any renewal, (C) permit any modification of or payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (Earthcare Co)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-non- payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (Dynasil Corp of America)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: ; (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (Category 5 Technologies Inc)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s L▇▇▇▇▇'s rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Pledge Agreement (Pure Cycle Corp)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-non payment to Borrower or Grantor, Borrower, or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (Aa) grant any extension of time for any payment, (Bb) grant any renewal, (Cc) permit any modification of payment terms or other terms, or (Dd) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Pledge and Security Agreement (Golsen Jack E)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, demand and notice of dishonor or non-payment nonpayment to Borrower or Grantor, Grantor or any other party to the Indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, Borrower without first obtaining the consent of Grantor: (Aa) grant any extension of time for any payment, (Bb) grant any renewal, (Cc) permit any modification of payment terms or other terms, or (Dd) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (Isecuretrac Corp)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, or any other party to the Indebtedness lndebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (A) grant any extension of time for any payment, (B) grant any renewal, (C) permit any modification of payment terms or other terms, or (D) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s ▇▇▇▇▇▇'s rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Pledge Agreement (AeroGrow International, Inc.)

GRANTOR'S WAIVERS. Grantor waives all requirements of presentment, protest, demand, and notice of dishonor or non-payment to Borrower or Grantor, Borrower, or any other party to the Indebtedness indebtedness or the Collateral. Lender may do any of the following with respect to any obligation of any Borrower, without first obtaining the consent of Grantor: (Aa) grant any extension of the time for any payment, (Bb) grant any renewal, (Cc) permit any modification of payment terms or other terms, or (Dd) exchange or release any Collateral or other security. No such act or failure to act shall affect Lender’s 's rights against Grantor or the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (Briazz Inc)