Common use of No Remedy Exclusive; Waiver; Notice Clause in Contracts

No Remedy Exclusive; Waiver; Notice. No remedy herein conferred upon or reserved to the Issuer or the Bank is intended to be exclusive and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement or now or hereafter existing at law or in equity. No delay or omission to exercise any right, remedy or power accruing upon any Default or Loan Default shall impair any such right, remedy or power or shall be construed to be a waiver thereof, but any such right, remedy or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Issuer or the Bank to exercise any remedy reserved to it in this Article, it shall not be necessary to give any notice, other than such notice as may be required in this Article VI.

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

AutoNDA by SimpleDocs

No Remedy Exclusive; Waiver; Notice. No remedy herein conferred upon or reserved to the Issuer I-Bank or the Bank Trustee is intended to be exclusive exclusive, and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement or now or hereafter existing at law or in equity. No delay or omission to exercise any right, remedy or power accruing upon any Default or Loan Event of Default shall impair any such right, remedy or power or shall be construed to be a waiver thereof, but any such right, remedy or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Issuer I-Bank or the Bank Trustee to exercise any remedy reserved to it in this ArticleArticle V, it shall not be necessary to give any notice, notice other than such notice as may be required in this Article VI.V.

Appears in 3 contracts

Samples: Loan Agreement (Middlesex Water Co), Loan Agreement (Middlesex Water Co), Loan Agreement

AutoNDA by SimpleDocs

No Remedy Exclusive; Waiver; Notice. No remedy herein conferred upon or reserved to the Issuer I-Bank or the Bank Trustee is intended to be exclusive exclusive, and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement or now or hereafter existing at law or in equity. No delay or omission to exercise any right, remedy or power accruing upon any Default or Loan Event of Default shall impair any such right, remedy or power or shall be construed to be a waiver thereof, but any such right, remedy or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Issuer I- Bank or the Bank Trustee to exercise any remedy reserved to it in this ArticleArticle V, it shall not be necessary to give any notice, notice other than such notice as may be required in this Article VI.V.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!