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Demand Rights
Demand Rights contract clause examples
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The [[Organization A:Organization]] hereby waives presentment, demand, protest and notice of any kind. No failure to exercise, and no delay in exercising, any rights hereunder on the part of the holder hereof shall operate as a waiver of such rights.

Rights and Remedies Upon Default. Upon the occurrence of any Event of Default, the without demand of performance or other demand, presentment, protest, advertisement or notice of any kind (except any notice required by law) to or upon the or any other person (all and each of which demands, presentments, protests, advertisements and notices are hereby waived), may exercise all rights and remedies under the ’s agreements with the or its Affiliates, applicable law, in equity or otherwise and may declare all or any part of any amounts due hereunder not payable on demand to be immediately due and payable without demand or notice of any kind and terminate any obligation it may have to grant any additional loan, credit or other financial accommodation to the . All or any part of any amounts due hereunder whether or not payable on demand, shall be immediately due and payable automatically upon the occurrence of an Event of Default in sub-paragraph # above, or at the ’s option, upon the occurrence of any other Event of Default. The provisions hereof are not intended in any way to affect any rights of the with respect to any amounts due hereunder which may now or hereafter be payable on demand.

Presentment or other demand for payment, notice of dishonor and protest are hereby expressly waived. No failure to exercise, and no delay in exercising any rights hereunder on the part of the holder hereof shall operate as a waiver of any such rights.

The NRC shall not exercise rights under this [Article 7.2] before the second anniversary of the Effective Date, but the NRC’s demand for justification can be made earlier.

Rights and Remedies. Upon the occurrence and during the continuance of an Event of Default, Bank may, without notice or demand, do any or all of the following:

from time to time upon written notice to the Company, any relevant notice, demand or election in whole or in part without prejudice to its future actions and rights.

. Each Guarantor consents and agrees that any Creditor Party may, at any time and from time to time, without notice or demand, without the consent of such Guarantor, and without affecting the enforceability or continuing effectiveness hereof: # with the written agreement of the Borrower, amend, extend, renew, compromise, discharge, accelerate or otherwise change the time for payment or the terms of the Guaranteed Obligations or any part thereof; # take, hold, exchange, enforce, waive, release, sell, or otherwise dispose of, or impair or fail to perfect any Lien on, any security for the payment of this Guaranty or any Guaranteed Obligations; # apply such security and direct the order or manner of sale thereof as the Administrative Agent, the L/C Issuers and the [[Loan Parties:Organization]] in their sole discretion may determine; and # release or substitute any other Guarantor or one or more of any endorsers or other [[Loan Parties:Organization]] of any of the Guaranteed Obligations. Without limiting the generality of the foregoing, each Guarantor consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of the [[Loan Parties:Organization]] under this Guaranty or which, but for this provision, might operate as a discharge of one or more of the [[Loan Parties:Organization]].

Voting Rights. A Participant shall have no voting rights with respect to any Restricted Stock Units.

Discretionary Rights. The Advance Rates may be increased or decreased by [[Organization B:Organization]] at any time and from time to time in the exercise of its Permitted Discretion. Each Borrower consents to any such increases or decreases and acknowledges that decreasing the Advance Rates or increasing or imposing other reserves may limit or restrict Advances requested by Borrowing [[Organization B:Organization]]. The rights of [[Organization B:Organization]] under this subsection are subject to the provisions of [Section 16.2(b)]. The [[Organization B:Organization]] shall give Borrowing [[Organization B:Organization]] five (5) Business Days prior notice of its intention to decrease the Advance Rates. Notwithstanding the foregoing, any change in Advance Rates shall not trigger an obligation of the [[Organization A:Organization]] to repay any Obligations incurred based on Advance Rates as they existed prior to such change.

Certain Rights. The ROFR shall have terminated, expired, or been waived, or otherwise is no longer be in effect.

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