Common use of Cumulative Rights and Waiver Clause in Contracts

Cumulative Rights and Waiver. The failure or delay of the Lender to require performance by the Borrower or to enforce its rights under any provision of this Agreement shall not affect its right to require performance and to enforce its rights with respect to such provision unless and until such performance has been waived in writing by the Lender. Any waiver of an Event of Default shall be effective only in accordance with its terms and may be restricted or conditioned in any way. No waiver of any event of Default shall constitute a waiver of continuance or reoccurrence of such Event of Default or of any other Event of Default except as provided in such waiver. The rights granted to the Lender hereunder or under any other document or instrument delivered hereunder and any rights available to it at law or in equity shall be cumulative and may be exercised in part or in whole from time to time.

Appears in 2 contracts

Samples: Credit Agreement (Scor Merger Sub Corp), Credit Agreement (Scor Us Corp)

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Cumulative Rights and Waiver. The failure or delay of the Lender to require performance by the Borrower or to enforce its rights under any provision of this s Agreement shall not affect its right to require performance and to enforce its rights with respect to such provision unless and until such performance has been waived in writing by the Lender. Any waiver of an Event of Default shall be effective only in accordance with its terms and may be restricted or conditioned in any way. No waiver of any event of Default shall constitute a waiver of continuance or reoccurrence of such Event of Default or of any other Event of Default except as provided in such waiver. The rights granted to the Lender hereunder or under any other document or instrument delivered hereunder and any rights available to it at law or in equity shall be cumulative and may be exercised in part or in whole from time to time.

Appears in 1 contract

Samples: Loan Agreement (Scor Us Corp)

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Cumulative Rights and Waiver. The failure or delay of the Lender to require performance by the Borrower or to enforce its rights under any provision of this Agreement shall not affect its right to require performance and to enforce its rights with respect to such provision unless and until such performance has been waived in writing by the Lender. Any waiver of an Event of Default shall be effective only in accordance with its terms and may be restricted or conditioned in any way. No waiver of any event Event of Default shall constitute a waiver of continuance or reoccurrence of such Event of Default or of any other Event of Default except as provided in such waiver. The rights granted to the Lender hereunder or under any other document or instrument delivered hereunder and any rights available to it at law or in equity shall be cumulative and may be exercised in part or in whole from time to time.

Appears in 1 contract

Samples: Loan Agreement (Scor Merger Sub Corp)

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