Common use of Waiver by the Parent Clause in Contracts

Waiver by the Parent. The Parent irrevocably waives promptness, diligence, notice of acceptance hereof, -103- 110 presentment, demand, protest and any other notice with respect to any of the Guaranteed Obligations, as well as any requirement that at any time any action be taken by any Person against the Borrower or any other Person.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (E Z Serve Corporation)

Waiver by the Parent. The Parent irrevocably waives promptness, diligence, notice of acceptance hereof, -103- 110 presentment, demand, protest and any other notice with respect to any of the Guaranteed Obligations, as well as any requirement that at any time any action be taken by any Person against the Borrower or any other Person.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Imo Industries Inc)