No Delay; Waivers; etc Sample Clauses
The "No Delay; Waivers; etc" clause establishes that a party’s failure to enforce or delay in enforcing any right or provision under the agreement does not constitute a waiver of that right or provision. In practice, this means that even if one party does not immediately act on a breach or enforce a contractual term, they still retain the ability to do so in the future. This clause ensures that rights under the contract remain intact despite any temporary inaction, preventing parties from inadvertently losing their rights due to delays or isolated waivers, and thereby maintaining the enforceability and integrity of the agreement.
No Delay; Waivers; etc. No delay on the part of the Lender in exercising any power or right hereunder shall operate as a waiver thereof nor shall any single or partial exercise of any power or right hereunder preclude other or further exercise thereof or the exercise of any other power or right. The Lender shall not be deemed to have waived any rights hereunder unless such waiver shall be in writing and signed by the Lender.
No Delay; Waivers; etc. (a) No failure to exercise and no delay in the exercise, on the part of Grantee, of any right, remedy, power or privilege hereunder and no course of dealing with respect thereto shall impair such right, remedy, power or privilege or be construed to or operate as a waiver thereof, nor shall any single or partial exercise of any power or right hereunder preclude other or further exercise thereof or the exercise of any other right, remedy, power or privilege. Grantee shall not be deemed to have waived any rights hereunder unless such waiver shall be in writing and signed by Grantee.
(b) Grantor waives any right to require Grantee to proceed against any person or to exhaust any of the Collateral or to pursue any remedy in such Grantee’s power.
No Delay; Waivers; etc. No delay on the part of a Party in exercising any power or right hereunder shall operate as a waiver thereof nor shall any single or partial exercise of any power or right hereunder preclude other or further exercise thereof or the exercise of any other power or right. No Party shall be deemed to have waived any rights hereunder unless such waiver shall be in writing and signed by such Party.
No Delay; Waivers; etc. (a) No failure to exercise and no delay in the exercise, on the part of Grantee, of any right, remedy, power or privilege hereunder and no course of dealing with respect thereto shall impair such right, remedy, power or privilege or be construed to or operate as a waiver thereof, nor shall any single or partial exercise of any power or right hereunder preclude other or further exercise thereof or the exercise of any other right, remedy, power or privilege. Grantee shall not be deemed to have waived any rights hereunder unless such waiver shall be in writing and signed by Grantee.
(b) Grantor waives any right to require Grantee to proceed against any person or to exhaust any of the Collateral or to pursue any remedy in such Grantee’s power.
(c) Notwithstanding anything to the contrary herein, the Grantee agrees and acknowledges that any Permitted Indebtedness under the 2017 Note shall constitute Permitted Indebtedness under each of the 2016 Note and the 2015 Note and waives any breach or default arising out of any Permitted Indebtedness incurred after the date of the 2016 Note and the 2015 Note, respectively.
No Delay; Waivers; etc. No failure to exercise and no delay in the exercise, on the part of the Holder, of any right, remedy, power or privilege hereunder and no course of dealing with respect thereto shall impair such right, remedy, power or privilege or be construed to or operate as a waiver thereof, nor shall any single or partial exercise of any power or right hereunder preclude other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The Holder shall not be deemed to have waived any rights hereunder unless such waiver shall be in writing and signed by the Holder.