Common use of No Obligation to Extend Future Forbearances; No Waiver Clause in Contracts

No Obligation to Extend Future Forbearances; No Waiver. Innolog acknowledge and agree that Holder is not obligated and does not agree to extend any other or future forbearances except as expressly set forth herein. This Agreement shall not constitute a waiver by Holder of any of Innolog' defaults under the Loan Documents. Except as expressly provided herein, Holder reserves all of its rights and remedies under each of the Loan Documents. No action or course of dealing on the part of Holder, its officers, employees, consultants, or agents, nor any failure or delay by Holder with respect to exercising any right, power or privilege of Holder under the Note, any other Loan Document, or this Agreement, shall operate as a waiver thereof, except to the extent expressly provided herein.

Appears in 4 contracts

Samples: Second Extension Agreement (Innolog Holdings Corp.), Extension Agreement (Innolog Holdings Corp.), Forbearance Agreement (Innolog Holdings Corp.)

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No Obligation to Extend Future Forbearances; No Waiver. Innolog acknowledge Maker acknowledges and agree agrees that Holder is not obligated and does not agree to extend any other or future forbearances except as expressly set forth herein. This Agreement shall not constitute a waiver by Holder of any of Innolog' Maker’s defaults under the Loan Documents. Except as expressly provided herein, Holder reserves all of its rights and remedies under each of the Loan Documents. No action or course of dealing on the part of Holder, its officers, employees, consultants, or agents, nor any failure or delay by Holder with respect to exercising any right, power or privilege of Holder under the Note, any other Loan Document, or this Agreement, shall operate as a waiver thereof, except to the extent expressly provided herein.

Appears in 1 contract

Samples: Forbearance Agreement (Innolog Holdings Corp.)

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