Common use of Enforcement; Amendments; Waivers Clause in Contracts

Enforcement; Amendments; Waivers. No delay on the part of any Guarantied Party in the exercise of any right or remedy arising under this Guaranty, the Credit Agreement, any other Loan Document or otherwise with respect to all or any part of the Obligations, the Collateral or any other guaranty of or security for all or any part of the Obligations shall operate as a waiver thereof, and no single or partial exercise by any such Person of any such right or remedy shall preclude any further exercise thereof. No modification or waiver of any provision of this Guaranty shall be binding upon any Guarantied Party, except as expressly set forth in a writing duly signed and delivered by the Facility Agents (in accordance with Section 11.1 (

Appears in 5 contracts

Samples: Guaranty (Warnaco Group Inc /De/), Guaranty (Warnaco Group Inc /De/), Guaranty (Warnaco Group Inc /De/)

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Enforcement; Amendments; Waivers. No delay on the part of any Guarantied Party in the exercise of any right or remedy arising under this Guaranty, the Amended Credit Agreement, any other DIP Loan Document or otherwise with respect to all or any part of the DIP Obligations, the Collateral or any other guaranty of or security for all or any part of the DIP Obligations shall operate as a waiver thereof, and no single or partial exercise by any such Person of any such right or remedy shall preclude any further exercise thereof. No modification or waiver of any provision of this Guaranty shall be binding upon any Guarantied Party, except as expressly set forth in a writing duly signed and delivered by the Facility Agents DIP Administrative Agent (in accordance with Section 11.1 11.1A (

Appears in 1 contract

Samples: Guaranty (Hayes Lemmerz International Inc)

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