No Custom Clause Samples
The "No Custom" clause establishes that the terms of the contract take precedence over any prior practices, customs, or informal understandings between the parties. In practice, this means that even if the parties have previously conducted business in a certain way or have industry-specific customs, these will not override or modify the written agreement. This clause ensures that only the explicit terms of the contract are enforceable, thereby preventing misunderstandings or disputes arising from unwritten expectations or habitual practices.
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No Custom. This Agreement shall not establish a custom or waive, limit or condition the rights and remedies of Lender under the Loan Documents, all of which rights and remedies are expressly reserved.
No Custom. This Agreement shall not establish a custom or course of dealing or waive, limit or condition the rights and remedies of Agent and/or Lenders under the Loan Documents, all of which are expressly reserved.
No Custom. It is expressly understood and agreed that, there being no expectation of the contrary between the parties, no usage of trade or custom and practice within the industry, and no regular practice or method of dealing between the parties, will be used to modify, interpret, supplement or alter in any manner the express terms of this Agreement.
No Custom. This Agreement shall not establish a custom or course of dealing or waive, limit or condition the rights and remedies of the Bank under the Pledge Agreement, the Line Agreement or the Note, all of which are expressly reserved.
No Custom. This Agreement shall not establish a custom or course of dealing or waive, limit or condition the rights and remedies of the Bank under the Credit Agreement Documents, all of which are expressly reserved.