Modifications; Waivers. No act of omission or commission of the Holder, including specifically any failure to exercise any right, remedy or recourse, shall be deemed to be a waiver or release of the same, such waiver or release to be effected only through a written document executed by the Holder and then only to extent specifically recited therein. A waiver or release with reference to any one event shall not be construed as continuing, as a bar to, or as a waiver or release of any subsequent right, remedy or recourse as to a subsequent event. This Note may not be changed orally, but only by agreement in writing, signed by the party against whom enforcement of any waiver, change, modification or discharge is sought.
Appears in 5 contracts
Samples: Subordination Agreement (Brookside Technology Holdings, Corp.), Subordination Agreement (Brookside Technology Holdings, Corp.), Subordination Agreement (Brookside Technology Holdings, Corp.)