Common use of Alteration or Waiver Clause in Contracts

Alteration or Waiver. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Creditor, except with respect to Schedule A hereto which may be supplemented from time to time by the parties hereto. The Creditor shall not, by any act or delay, be deemed to have waived any right or remedy hereunder or to have acquiesced in any Event of Default or in any breach of any of the terms and conditions hereof. No failure to exercise, nor any delay in exercising, on the part of the Creditor, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Creditor of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which the Creditor would otherwise have on any future occasion. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall extinguish the liability of the Pledgor to pay the Secured Liabilities, nor shall the same operate as a merger of any covenant contained in this Agreement or of any other liability, nor shall the acceptance of any payment or other security constitute or create any novation.

Appears in 1 contract

Samples: Pledge Agreement (THAIHOT Investment Co LTD)

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Alteration or Waiver. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Creditor, except with respect to Schedule A hereto which may be supplemented from time to time by the parties hereto. The Creditor shall will not, by any act or delay, be deemed to have waived any right or remedy hereunder or to have acquiesced in any Event of Default or in any breach of any of the terms and conditions hereof. No failure to exercise, nor any delay in exercising, on the part of the Creditor, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall will preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Creditor of any right or remedy hereunder on any one occasion shall will not be construed as a bar to any right or remedy which the Creditor would otherwise have on any future occasion. Neither the taking of any judgment judgement nor the exercise of any power of seizure or sale shall will extinguish the liability of the Pledgor Debtor to pay the Secured LiabilitiesObligations, nor shall will the same operate as a merger of any covenant contained in this Agreement or of any other liability, nor shall will the acceptance of any payment or other security constitute or create any novation.

Appears in 1 contract

Samples: General Security Agreement (Universal Security Instruments Inc)

Alteration or Waiver. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Creditor, except with respect to Schedule A hereto which may be supplemented from time to time by the parties hereto. The Creditor shall will not, by any act or delay, be deemed to have waived any right or remedy hereunder or to have acquiesced in any Event of Default or in any breach of any of the terms and conditions hereof. No failure to exercise, nor any delay in exercising, on the part of the Creditor, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall will preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Creditor of any right or remedy hereunder on any one occasion shall will not be construed as a bar to any right or remedy which the Creditor would otherwise have on any future occasion. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall will extinguish the liability of the Pledgor Debtor to pay the Secured Liabilities, nor shall will the same operate as a merger of any covenant contained in this Agreement or of any other liability, nor shall will the acceptance of any payment or other security constitute or create any novation.

Appears in 1 contract

Samples: Credit Agreement (Mirion Technologies, Inc.)

Alteration or Waiver. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Creditor, except with respect to Schedule A hereto which may be supplemented from time to time by the parties heretoAgent. The Creditor shall Lenders will not, by any act or delay, be deemed to have waived any right or remedy hereunder or to have acquiesced in any Event of Default or in any breach of any of the terms and conditions hereof. No failure to exercise, nor any delay in exercising, on the part of the Creditorany Lender, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall will preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Creditor any Lender of any right or remedy hereunder on any one occasion shall will not be construed as a bar to any right or remedy which the Creditor Agent would otherwise have on any future occasion. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall will extinguish the liability of the Pledgor Debtor to pay the Secured Liabilities, nor shall will the same operate as a merger of any covenant contained in this Agreement or of any other liability, nor shall will the acceptance of any payment or other security constitute or create any novation.

Appears in 1 contract

Samples: General Security Agreement (Royal Gold Inc)

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Alteration or Waiver. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Creditor, except with respect to Schedule A hereto which may be supplemented from time to time by the parties hereto. The Creditor shall not, by any act or delay, be deemed to have waived any right or remedy hereunder or to have acquiesced in any Event of Default or in any breach of any of the terms and conditions hereof. No failure to exercise, nor any delay in exercising, on the part of the Creditor, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Creditor of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which the Creditor would otherwise have on any future occasion. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall extinguish the liability of the Pledgor any Debtor to pay the Secured LiabilitiesObligations of such Debtor, nor shall the same operate as a merger of any covenant contained in this Agreement or of any other liability, nor shall the acceptance of any payment or other security constitute or create any novation.

Appears in 1 contract

Samples: General Security Agreement (Emtec Inc/Nj)

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