Common use of No Release, Etc Clause in Contracts

No Release, Etc. No delay or omission to exercise any remedy, right or power accruing upon a default or an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of any default or Event of Default shall not be construed to be a waiver of any subsequent default or Event of Default or to impair any remedy, right or power of Lender. Any and all of Lender’s rights with respect to any Collateral shall continue unimpaired, and Borrower shall be and remain obligated in accordance with the terms hereof, notwithstanding, among other things: (a) any renewal, extension, amendment or modification of, or addition or supplement to, or deletion from, this Agreement or any other Loan Document or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, delay, extension of time, indulgence or other action or inaction under or in respect of this Agreement or any other Loan Document; (c) any exercise or non-exercise of any right, remedy, power or privilege under or in respect of this Agreement or any other Loan Document; (d) any sale, exchange, release, surrender, or substitution of, or realization upon, any Collateral (except to the extent otherwise specifically agreed to by Lender) or any other security held by Lender to secure the Debt; (e) the furnishing to or acceptance by Lender of any additional security to secure the Debt; or (f) any invalidity, irregularity or unenforceability of all or any part of Borrower’s obligations under the Loan Documents or of any security therefor.

Appears in 1 contract

Samples: Pledge and Security Agreement (TNP Strategic Retail Trust, Inc.)

AutoNDA by SimpleDocs

No Release, Etc. No delay or omission to exercise any remedy, right or power accruing upon a default or an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed by Lender to be expedient. A waiver of any default or Event of Default shall not be construed to be a waiver of any subsequent default or Event of Default or to impair any remedy, right or power of Lender. Any and all of Lender’s rights with respect to any Collateral shall continue unimpaired, and Borrower Pledgor shall be and remain obligated in accordance with the terms hereof, notwithstanding, among other things: (a) any renewal, extension, amendment or modification of, or addition or supplement to, or deletion from, this Agreement or any other Loan Document or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, delay, extension of time, indulgence or other action or inaction under or in respect of this Agreement or any other Loan Document; (c) any exercise or non-exercise non‑exercise of any right, remedy, power or privilege under or in respect of this Agreement or any other Loan Document; (d) any sale, exchange, release, surrender, or substitution of, or realization upon, any Collateral (except to the extent otherwise specifically agreed to in writing by Lender) or any other security held by Lender to secure the DebtSecured Obligations; (e) the furnishing to or acceptance by Lender of any additional security to secure the DebtSecured Obligations; or (f) any right of offset, claim or defense of any party against Lender, under the Loan Documents or otherwise; or (g) any lack of perfection of, invalidity, irregularity or unenforceability of all or any part of Borrower’s obligations under the Loan Documents Secured Obligations or of any security therefor.

Appears in 1 contract

Samples: Pledge and Security Agreement (KBS Strategic Opportunity REIT, Inc.)

No Release, Etc. No delay or omission to exercise any remedy, right or power accruing upon a default or an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of any default or Event of Default shall not be construed to be a waiver of any subsequent default or Event of Default or to impair any remedy, right or power of LenderTrustee. Any and all of LenderTrustee’s rights with respect to any Pledged Collateral shall continue unimpaired, and Borrower Pledgor shall be and remain obligated in accordance with the terms hereof, notwithstanding, among other things: (a) any renewal, extension, amendment or modification of, or addition or supplement to, or deletion from, this Pledge Agreement or any other Loan Indenture Document or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, delay, extension of time, indulgence or other action or inaction under or in respect of this Pledge Agreement or any other Loan Indenture Document; (c) any exercise or non-exercise of any right, remedy, power or privilege under or in respect of this Agreement Pledge Agreement, the Indenture or any other Loan Documentrelated document; (d) any sale, exchange, release, surrender, or substitution of, or realization upon, any Pledged Collateral (except to the extent otherwise specifically agreed to by LenderTrustee) or any other security held by Lender Trustee to secure the DebtObligations; (e) the furnishing to or acceptance by Lender Trustee of any additional security to secure the DebtObligations; or (f) any invalidity, irregularity or unenforceability of all or any part of BorrowerPledgor’s obligations Obligations under the Loan Documents Indenture or any other related document or of any security therefortherefore.

Appears in 1 contract

Samples: Pledge and Security Agreement (GMH Communities Trust)

No Release, Etc. No delay or omission to exercise any remedy, right or power accruing upon a default or an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of any default or Event of Default shall not be construed to be a waiver of any subsequent default or Event of Default or to impair any remedy, right or power of Mezzanine Lender. Any and all of Mezzanine Lender’s rights with respect to any Pledged Collateral shall continue unimpaired, and Mezzanine Borrower shall be and remain obligated in accordance with the terms hereof, notwithstanding, among other things: (a) any renewal, extension, amendment or modification of, or addition or supplement to, or deletion from, this Pledge Agreement or any other Mezzanine Loan Document or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, delay, extension of time, indulgence or other action or inaction under or in respect of this Pledge Agreement or any other Mezzanine Loan Document; (c) any exercise or non-exercise of any right, remedy, power or privilege under or in respect of this Pledge Agreement or any other Mezzanine Loan Document; (d) any sale, exchange, release, surrender, or substitution of, or realization upon, any Pledged Collateral (except to the extent otherwise specifically agreed to by Mezzanine Lender) or any other security held by Mezzanine Lender to secure the DebtObligations; (e) the furnishing to or acceptance by Mezzanine Lender of any additional security to secure the DebtObligations; or (f) any invalidity, irregularity or unenforceability of all or any part of Mezzanine Borrower’s obligations Obligations under the Mezzanine Loan Documents or of any security therefor.

Appears in 1 contract

Samples: Mezzanine Pledge and Security Agreement

AutoNDA by SimpleDocs

No Release, Etc. No delay or omission to exercise any remedy, right or power accruing upon a default or an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of any default or Event of Default shall not be construed to be a waiver of any subsequent default or Event of Default or to impair any remedy, right or power of Lender. Any and all of Lender’s rights with respect to any Collateral shall continue unimpaired, and Borrower Pledgor shall be and remain obligated in accordance with the terms hereof, notwithstanding, among other things: (a) any renewal, extension, amendment or modification of, or addition or supplement to, or deletion from, this Agreement or any other Loan Document or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, delay, extension of time, indulgence or other action or inaction under or in respect of this Agreement or any other Loan Document; (c) any exercise or non-exercise of any right, remedy, power or privilege under or in respect of this Agreement or any other Loan Document; (d) any sale, exchange, release, surrender, or substitution of, or realization upon, any Collateral (except to the extent otherwise specifically agreed to by Lender) or any other security held by Lender to secure the Debt; (e) the furnishing to or acceptance by Lender of any additional security to secure the Debt; or (f) any invalidity, irregularity or unenforceability of all or any part of Borrower’s obligations under the Loan Documents Secured Obligations or of any security therefor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Global Income Trust, Inc.)

No Release, Etc. No delay or omission to exercise any remedy, right right, or power accruing upon a default an Event of Default or an Event of Default shall impair any such remedy, right right, or power or shall be construed as a waiver thereof, but any such remedy, right right, or power may be exercised from time to time and as often as may be deemed expedient. A waiver of any default or an Event of Default shall not be construed to be a waiver of any subsequent default or Event of Default or to impair any remedy, right right, or power of LenderSecured Party. Any and all of LenderSecured Party’s rights with respect to any Collateral shall continue unimpaired, and Borrower Pledgor shall be and remain obligated in accordance with the terms hereof, notwithstanding, among other things: (a) any renewal, extension, amendment amendment, or modification of, or addition or supplement to, or deletion from, this Agreement or any other Loan Document the Forbearance Agreement or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, delay, extension of time, indulgence indulgence, or other action or inaction under or in respect of this Agreement or any other Loan DocumentForbearance Agreement; (c) any exercise or non-exercise of any right, remedy, power power, or privilege under or in respect of this Agreement or any other Loan Documentthe Forbearance Agreement; (d) any sale, exchange, release, surrender, or substitution of, or realization upon, any Collateral (except to the extent otherwise specifically agreed to by LenderSecured Party) or any other security held by Lender Secured Party to secure the DebtIndebtedness; (e) the furnishing to or acceptance by Lender Secured Party of any additional security to secure the DebtIndebtedness; or (f) any invalidity, irregularity irregularity, or unenforceability of all or any part of BorrowerPledgor’s obligations under the Loan Documents or of any security therefor.

Appears in 1 contract

Samples: Subordination Agreement (Cirtran Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.