Common use of Delay or Omission; No Waiver Clause in Contracts

Delay or Omission; No Waiver. No delay or omission of the Grantee or of any holder of the Note to exercise any right, power or remedy accruing upon any default shall exhaust or impair any such right, power or remedy or shall be construed to be a waiver of any such default, or acquiescence therein; and every right, power and remedy given by the Note, this Deed to Secure Debt, any of the other Loan Documents, or the Other Indebtedness Instruments to the Grantee may be exercised from time to time and as often as may be deemed expedient by the Grantee.

Appears in 4 contracts

Samples: Deed to Secure Debt (Roberts Realty Investors Inc), Future Advance Deed to Secure Debt, Assignment of Rents and Leases and Security Agreement (Roberts Realty Investors Inc), Future Advance Deed to Secure Debt, Assignment of Rents and Leases and Security Agreement (Roberts Realty Investors Inc)

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Delay or Omission; No Waiver. No delay or omission of the Grantee Lender or of any holder of the Note to exercise any right, power or remedy accruing upon any default shall exhaust or impair any such right, power or remedy or shall be construed to be a waiver of any such default, or acquiescence therein; and every right, power and remedy given by the Note, this Deed to Secure DebtMortgage, any of the other Loan Documents, or the Other Indebtedness Instruments to the Grantee Lender may be exercised from time to time and as often as may be deemed expedient by the GranteeLender.

Appears in 2 contracts

Samples: Loan Agreement (Westwater Resources, Inc.), Future Advance Mortgage, Assignment of Rents and Leases and Security Agreement (Westwater Resources, Inc.)

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