Common use of Forbearance Not a Waiver Clause in Contracts

Forbearance Not a Waiver. Any forbearance by the Bank in exercising any of its rights will not be a waiver of any present or future right the Bank has under this Contract to so terminate it or to revoke the Bank's approval of the PFI as an approved Originator, seller or Servicer.

Appears in 4 contracts

Samples: Participating Financial Institution Agreement, Participating Financial Institution Agreement, Participating Financial Institution Agreement

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Forbearance Not a Waiver. Any forbearance by the Bank in exercising any of its rights will not be a waiver of any present or future right the Bank has under this Contract to so terminate it or to revoke the Bank's ’s approval of the PFI as an approved Originator, seller or Servicer.

Appears in 2 contracts

Samples: Participating Financial Institution Agreement (Federal Home Loan Bank of Chicago), Participating Financial Institution Agreement (Federal Home Loan Bank of Chicago)

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