Common use of Delay or Omission Not a Waiver Clause in Contracts

Delay or Omission Not a Waiver. No delay or omission of the Indenture Trustee, any Swap Counterparty or any Noteholder to exercise any right or remedy accruing upon any Default shall impair any such right or remedy or constitute a waiver of any such Default or an acquiescence therein. Every right and remedy given by this Article V or by law to the Indenture Trustee, any Swap Counterparty or to the Noteholders may be exercised from time to time, and as often as may be deemed expedient, by the Indenture Trustee, any Swap Counterparty or by the Noteholders, as the case may be.

Appears in 10 contracts

Samples: Indenture (SLM Student Loan Trust 2005-7), Indenture (SLM Student Loan Trust 2005-6), Indenture (SLM Student Loan Trust 2005-8)

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Delay or Omission Not a Waiver. No delay or omission of the Indenture Trustee, any the Currency Swap Counterparty or any Noteholder to exercise any right or remedy accruing upon any Default shall impair any such right or remedy or constitute a waiver of any such Default or an acquiescence therein. Every right and remedy given by this Article V or by law to the Indenture Trustee, any the Currency Swap Counterparty or to the Noteholders may be exercised from time to time, and as often as may be deemed expedient, by the Indenture Trustee, any the Currency Swap Counterparty or by the Noteholders, as the case may be.

Appears in 3 contracts

Samples: Indenture (SLM Student Loan Trust 2006-6), Indenture (SLM Student Loan Trust 2006-10), Indenture (SLM Student Loan Trust 2007-4)

Delay or Omission Not a Waiver. No delay or omission of the Indenture Trustee, any Swap Counterparty Trustee or any Noteholder Holder of any Note to exercise any right or remedy accruing upon any Default of Event of Default shall impair any such right or remedy or constitute a waiver of any such Default or Event of Default or an acquiescence therein. Every right and remedy given by this Article V Five or by law to the Indenture Trustee, any the Swap Counterparty or to the Noteholders may be exercised from time to time, and as often as may be deemed expedient, by the Indenture Trustee, any the Swap Counterparty or by the Noteholders, as the case may be.

Appears in 2 contracts

Samples: Indenture (Harley-Davidson Motorcycle Trust 2007-3), Indenture (Harley Davidson Customer Funding Corp)

Delay or Omission Not a Waiver. No delay or omission of the Indenture Trustee, any Swap Counterparty or any Noteholder to exercise any right or remedy accruing upon any Default shall impair any such right or remedy or constitute a waiver of any such Default or an acquiescence therein. Every right and remedy given by this Article V or by law to the Indenture Trustee, any each Swap Counterparty or to the Noteholders may be exercised from time to time, and as often as may be deemed expedient, by the Indenture Trustee, any Swap Counterparty or by the Noteholders, as the case may be.

Appears in 2 contracts

Samples: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC)

Delay or Omission Not a Waiver. No delay or omission of the Indenture Trustee, any of the Swap Counterparty Counterparties or any Noteholder to exercise any right or remedy accruing upon any Default shall impair any such right or remedy or constitute a waiver of any such Default or an acquiescence therein. Every right and remedy given by this Article V or by law to the Indenture Trustee, any of the Swap Counterparty Counterparties or to the Noteholders may be exercised from time to time, and as often as may be deemed expedient, by the Indenture Trustee, any of the Swap Counterparty Counterparties or by the Noteholders, as the case may be.

Appears in 1 contract

Samples: Indenture (SLM Student Loan Trust 2006-5)

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Delay or Omission Not a Waiver. No delay or omission of the Indenture Trustee, any of the Currency Swap Counterparty Counterparties or any Noteholder to exercise any right or remedy accruing upon any Default shall impair any such right or remedy or constitute a waiver of any such Default or an acquiescence therein. Every right and remedy given by this Article V or by law to the Indenture Trustee, any of the Currency Swap Counterparty Counterparties or to the Noteholders may be exercised from time to time, and as often as may be deemed expedient, by the Indenture Trustee, any of the Currency Swap Counterparty Counterparties or by the Noteholders, as the case may be.

Appears in 1 contract

Samples: Indenture (SLM Student Loan Trust 2006-4)

Delay or Omission Not a Waiver. No delay or omission of the Indenture Trustee[, any Swap Counterparty Counterparty] or any Noteholder to exercise any right or remedy accruing upon any Default shall impair any such right or remedy or constitute a waiver of any such Default or an acquiescence therein. Every right and remedy given by this Article V or by law to the Indenture Trustee[, any each Swap Counterparty Counterparty] or to the Noteholders may be exercised from time to time, and as often as may be deemed expedient, by the Indenture Trustee[, any Swap Counterparty Counterparty] or by the Noteholders, as the case may be.

Appears in 1 contract

Samples: Indenture (Navient Funding, LLC)

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