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

Delay or Omission; No Waiver. No delay or omission of Beneficiary or the Secured Debtholders to exercise any right, power or remedy upon any Event of Default shall exhaust or impair any such right, power or remedy or shall be construed to waive any such Event of Default or to constitute acquiescence therein. Every right, power and remedy given to Beneficiary whether contained herein or in the other Secured Debt Documents or otherwise available to Beneficiary may be exercised from time to time and as often as may be deemed expedient by Beneficiary.

Appears in 3 contracts

Samples: Filing and Security Agreement (Calpine Corp), Rents and Security Agreement and Fixture Filing (Calpine Corp), Rents and Security Agreement (Calpine Corp)

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Delay or Omission; No Waiver. No delay or omission of Beneficiary or the Secured Debtholders Banks to exercise any right, power or remedy upon any Event of Default shall exhaust or impair any such right, power or remedy or shall be construed to waive any such Event of Default or to constitute acquiescence therein. Every right, power and remedy given to Beneficiary whether contained herein or in the other Secured Debt Credit Documents or otherwise available to Beneficiary may be exercised from time to time and as often as may be deemed expedient by Beneficiary.

Appears in 3 contracts

Samples: Escrow Agreement (Ormat Technologies, Inc.), Credit Agreement (Calpine Corp), Security Agreement (Calpine Corp)

Delay or Omission; No Waiver. No delay or omission of Beneficiary or the Secured Debtholders any Mortgage Note Holder to exercise any right, power or remedy upon any Event of Default shall exhaust or impair any such right, power or remedy or shall be construed to waive any such Event of Default or to constitute acquiescence therein. Every right, power and remedy given to Beneficiary whether contained herein or in the other Secured Debt Documents Mortgage Notes Indenture or otherwise available to Beneficiary may be exercised from time to time and as often as may be deemed expedient by Beneficiary.

Appears in 1 contract

Samples: Leases and Security Agreement (Grand Canal Shops Mall Construction LLC)

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Delay or Omission; No Waiver. No delay or omission of Beneficiary or the Secured Debtholders any Second Mortgage Note Holder to exercise any right, power or remedy upon any Event of Default shall exhaust or impair any such right, power or remedy or shall be construed to waive any such Event of Default or to constitute acquiescence therein. Every right, power and remedy given to Beneficiary whether contained herein or in the other Secured Debt Indenture Documents or otherwise available to Beneficiary may be exercised from time to time and as often as may be deemed expedient by Beneficiary.

Appears in 1 contract

Samples: Wynn Las Vegas LLC

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