Common use of No Abandonment of Rights Clause in Contracts

No Abandonment of Rights. No delay or failure on the part of the Non-Defaulting Party in exercising any right or remedy to which it may be entitled on account of any Event of Default shall constitute an abandonment of any such right, and the Non-Defaulting Party shall be entitled to exercise such right or remedy at any time during the continuance of an Event of Default.

Appears in 1 contract

Samples: Supply and Offtake Agreement (Calumet Specialty Products Partners, L.P.)

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No Abandonment of Rights. No delay or failure on the part of the Non-Defaulting Determining Party in exercising any right or remedy to which it may be entitled on account of any Event of Default or a Change in Law shall constitute an abandonment of any such right, and the Non-Defaulting Party or Non-CL Affected Party shall be entitled to exercise such right or remedy at any time during the continuance of an Event of DefaultDefault or, as applicable, at any time following the occurrence of the Change in Law.

Appears in 1 contract

Samples: Supply and Offtake Agreement (Vertex Energy Inc.)

No Abandonment of Rights. No delay or failure on the part of the Non-Non- Defaulting Party in exercising any right or remedy to which it may be entitled on account of any Event of Default shall constitute an abandonment of any such right, and the Non-Non- Defaulting Party shall be entitled to exercise such right or remedy at any time during the continuance of an Event of Default.

Appears in 1 contract

Samples: Supply and Offtake Agreement (Calumet Specialty Products Partners, L.P.)

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No Abandonment of Rights. No delay or failure on the part of by the Non-Defaulting Party in exercising any right or remedy to which it may be entitled on account of any Event of Default shall constitute an abandonment of any such right, and the Non-Defaulting Party shall be entitled to exercise such right or remedy at any time during the continuance of an Event of Default.

Appears in 1 contract

Samples: Supply and Offtake Agreement (Calumet Specialty Products Partners, L.P.)

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