Common use of No Implied Waivers; Remedies Not Exclusive Clause in Contracts

No Implied Waivers; Remedies Not Exclusive. No failure by the Collateral Agent or any Secured Party to exercise, and no delay in exercising and no course of dealing with respect to, any right or remedy under any Transaction Document shall operate as a waiver thereof; nor shall any single or partial exercise by the Collateral Agent or any Secured Party of any right or remedy under any Transaction Document preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and remedies specified in the Transaction Documents are cumulative and are not exclusive of any other rights or remedies provided by law.

Appears in 1 contract

Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc)

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No Implied Waivers; Remedies Not Exclusive. No failure by the Collateral Agent Trustee or any Secured Party to exercise, and no delay in exercising and no course of dealing with respect to, any right or remedy under any Transaction Security Document shall operate as a waiver thereof; nor shall any single or partial exercise by the Collateral Agent Trustee or any Secured Party of any right or remedy under any Transaction Secured Debt Document preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and remedies specified in the Transaction Secured Debt Documents are cumulative and are not exclusive of any other rights or remedies provided by law.

Appears in 1 contract

Samples: Security Agreement (Spectrum Brands, Inc.)

No Implied Waivers; Remedies Not Exclusive. No failure by the Collateral Agent or any Secured Party to exercise, and no delay in exercising and no course of dealing with respect to, any right or remedy under any Transaction Collateral Document shall operate as a waiver thereof; nor shall any single or partial exercise by the Collateral Agent or any Secured Party of any right or remedy under any Transaction Credit Document preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and remedies specified in the Transaction Credit Documents are cumulative and are not exclusive of any other rights or remedies provided by law.

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (McDermott International Inc)

No Implied Waivers; Remedies Not Exclusive. No failure by the Collateral Agent or any Secured a Guaranteed Party to exercise, and no delay in exercising and no course of dealing with respect to, any right or remedy under any Transaction Document shall operate as a waiver thereof; nor shall any single or partial exercise by the Collateral Agent or any Secured Guaranteed Party of any right or remedy under any Transaction Document preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and remedies specified in the Transaction Documents are cumulative and are not exclusive of any other rights or remedies provided by law.

Appears in 1 contract

Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc)

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No Implied Waivers; Remedies Not Exclusive. No failure by the Collateral Agent or any other Secured Party to exercise, and no delay in exercising and no course of dealing with respect to, any right or remedy under any Transaction Financing Document shall operate as a waiver thereof; nor shall any single or partial exercise by the Collateral Agent or any other Secured Party of any right or remedy under any Transaction Financing Document preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and remedies specified in the Transaction Financing Documents are cumulative and are not exclusive of any other rights or remedies provided by law.

Appears in 1 contract

Samples: Canadian Guarantee and Security Agreement (Ryerson Tull Inc /De/)

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