Common use of Delays and Omissions Clause in Contracts

Delays and Omissions. No course of dealing and no delay or omission by Lender in exercising any right or remedy hereunder or with respect to any indebtedness of Borrower to Lender shall operate as a waiver thereof or of any other right or remedy, and no single or partial exercise thereof shall preclude any other or further exercise thereof or the exercise of any other right or remedy. Lender may remedy any default by Borrower hereunder or with respect to any other person, firm or corporation in any reasonable manner without waiving the default remedied and without waiving any other prior or subsequent default by Borrower and shall be reimbursed for its expenses in so remedying such default. All rights and remedies of Lender hereunder are cumulative.

Appears in 3 contracts

Samples: Credit Agreement (GRANDPARENTS.COM, Inc.), Credit Agreement (GRANDPARENTS.COM, Inc.), Loan Agreement (Op Tech Environmental Services Inc)

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Delays and Omissions. No course of dealing and no delay or omission by the Lender in exercising any right or remedy hereunder or with respect to any indebtedness of Borrower to the Lender shall operate as a waiver thereof or of any other right or remedy, and no single or partial exercise thereof shall preclude any other or further exercise thereof or the exercise of any other right or remedy. The Lender may remedy any default by Borrower hereunder or with respect to any other person, firm or corporation in any reasonable manner without waiving the default remedied and without waiving any other prior or subsequent default by Borrower Xxxxxxxx and shall be reimbursed for its expenses in so remedying such default. All rights and remedies of the Lender hereunder are cumulative.

Appears in 2 contracts

Samples: Credit Agreement (Kingfish Holding Corp), Credit Agreement (Kingfish Holding Corp)

Delays and Omissions. No course of dealing and no delay or omission by the Lender in exercising any right or remedy hereunder or with respect to any indebtedness Indebtedness of Borrower to Lender shall operate as a waiver thereof or of any other right or remedy, and no single or partial exercise thereof shall preclude any other or further exercise thereof or the exercise of any other right or remedy. The Lender may remedy any default by Borrower hereunder or with respect to any other personPerson, firm or corporation in any reasonable manner without waiving the default remedied and without waiving any other prior or subsequent default by Borrower Bxxxxxxx and shall be reimbursed for its expenses in so remedying such default. All rights and remedies of the Lender hereunder are cumulative.

Appears in 1 contract

Samples: Warrant Agreement (Syntec Optics Holdings, Inc.)

Delays and Omissions. No course of dealing and no delay or omission by Lender in exercising any right or remedy hereunder or with respect to any indebtedness of the Borrower to Lender shall operate as a waiver thereof or of any other right or remedy, and no single or partial exercise thereof shall preclude any other or further exercise thereof or the exercise of any other right or remedy. Lender may remedy any default by the Borrower hereunder or with respect to any other person, firm or corporation in any reasonable manner without waiving the default remedied and without waiving any other prior or subsequent default by the Borrower and shall be reimbursed for its expenses in so remedying such default. All rights and remedies of Lender hereunder are cumulative.

Appears in 1 contract

Samples: Credit and Security Agreement (Allstate Financial Corp /De/)

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Delays and Omissions. No course of dealing and no delay or omission by the Lender in exercising any right or remedy hereunder or with respect to any indebtedness Indebtedness of Borrower to Lender shall operate as a waiver thereof or of any other right or remedy, and no single or partial exercise thereof shall preclude any other or further exercise thereof or the exercise of any other right or remedy. The Lender may remedy any default by Borrower hereunder or with respect to any other personPerson, firm or corporation in any reasonable manner without waiving the default remedied and without waiving any other prior or subsequent default by Borrower and shall be reimbursed for its expenses in so remedying such default. All rights and remedies of the Lender hereunder are cumulative.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mod Pac Corp)

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